Geode Capital Management Portfolio holdings
Geode Capital Management, founded in 2001 and based in Boston, Massachusetts, is a prominent institutional asset management firm known for its expertise in low-cost, systematic index investing. Originally established to manage internal index funds for Fidelity Investments, Geode became an independent entity while retaining a close relationship with Fidelity, focusing on passive investment strategies that track major market indices. The firm oversees hundreds of billions in assets, offering a range of mutual funds and separately managed accounts primarily for institutional clients, such as pension funds and endowments, with an emphasis on minimizing costs and maximizing efficiency. Geode’s disciplined, quantitative approach and avoidance of active management have made it a key player in the rise of index-based investing.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$1.76B |
| 2 |
ExxonMobil
XOM
|
+$1.36B |
| 3 |
Apple
AAPL
|
+$1.05B |
| 4 |
Amazon
AMZN
|
+$1.02B |
| 5 |
NVIDIA
NVDA
|
+$972M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$1.24B |
| 2 |
GE Aerospace
GE
|
+$718M |
| 3 |
Broadcom
AVGO
|
+$437M |
| 4 |
Apollo Global Management
APO
|
+$275M |
| 5 |
Super Micro Computer
SMCI
|
+$254M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.88% |
| 2 | Financials | 12.28% |
| 3 | Healthcare | 11.67% |
| 4 | Consumer Discretionary | 10.22% |
| 5 | Communication Services | 8.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LPRO
2176
DELISTED
Open Lending Corp
LPRO
| $12.8M | ﹤0.01% |
2,296,545
+81,954
| +4% | +$471K |
|
|
UHT
2177
Universal Health Realty Income Trust
UHT
$575M
| $12.8M | ﹤0.01% |
327,392
+9,275
| +3% | +$339K |
|
2178
Conduent
CNDT
$239M
| $12.8M | ﹤0.01% |
3,924,931
-91,814
| -2% | -$312K |
|
2179
Kodiak Gas Services
KGS
$6.08B
| $12.8M | ﹤0.01% |
469,004
+122,879
| +36% | +$3.33M |
|
|
CMRC
2180
Commerce.com Inc Series 1
CMRC
$176M
| $12.7M | ﹤0.01% |
1,579,114
+88,577
| +6% | +$633K |
|
2181
Standard Motor Products
SMP
$902M
| $12.7M | ﹤0.01% |
458,089
+30,886
| +7% | +$961K |
|
2182
Neumora Therapeutics
NMRA
$293M
| $12.6M | ﹤0.01% |
1,285,462
+833,081
| +184% | +$8.62M |
|
2183
Liberty Live Group Series A
LLYVA
$9.21B
| $12.6M | ﹤0.01% |
336,673
+12,391
| +4% | +$464K |
|
2184
York Water
YORW
$508M
| $12.6M | ﹤0.01% |
340,197
+18,591
| +6% | +$674K |
|
2185
Liberty Broadband Class A
LBRDA
$5.07B
| $12.6M | ﹤0.01% |
230,899
+22,014
| +11% | +$1.14M |
|
|
KE
2186
Kimball Electronics
KE
$616M
| $12.6M | ﹤0.01% |
573,185
+28,139
| +5% | +$614K |
|
|
TRST
2187
Trustco Bank Corp NY
TRST
$936M
| $12.6M | ﹤0.01% |
436,534
+16,854
| +4% | +$463K |
|
2188
Yext
YEXT
$576M
| $12.6M | ﹤0.01% |
2,346,562
+60,842
| +3% | +$328K |
|
2189
Dine Brands
DIN
$428M
| $12.5M | ﹤0.01% |
346,365
+12,191
| +4% | +$506K |
|
2190
Turning Point Brands
TPB
$1.81B
| $12.5M | ﹤0.01% |
390,269
+14,719
| +4% | +$455K |
|
2191
Logitech
LOGI
$15.1B
| $12.5M | ﹤0.01% |
129,069
-2,640
| -2% | -$238K |
|
2192
Business First Bancshares
BFST
$1.03B
| $12.5M | ﹤0.01% |
573,400
+18,629
| +3% | +$389K |
|
2193
Hanmi Financial
HAFC
$935M
| $12.5M | ﹤0.01% |
745,462
+28,231
| +4% | +$440K |
|
|
KREF
2194
KKR Real Estate Finance Trust
KREF
$491M
| $12.4M | ﹤0.01% |
1,374,420
+48,658
| +4% | +$465K |
|
2195
NextNav
NN
$2.13B
| $12.4M | ﹤0.01% |
1,533,053
+333,984
| +28% | +$2.64M |
|
2196
Accel Entertainment
ACEL
$978M
| $12.4M | ﹤0.01% |
1,210,390
+23,580
| +2% | +$250K |
|
2197
Trip.com Group
TCOM
$29.5B
| $12.4M | ﹤0.01% |
263,822
-29,161
| -10% | -$1.48M |
|
2198
Horizon Bancorp
HBNC
$1.04B
| $12.4M | ﹤0.01% |
1,001,202
+43,930
| +5% | +$528K |
|
2199
Petrobras Class A
PBR.A
$105B
| $12.4M | ﹤0.01% |
905,983
| – | – |
|
|
HTBK
2200
DELISTED
Heritage Commerce
HTBK
| $12.4M | ﹤0.01% |
1,419,478
+41,835
| +3% | +$340K |
|
Similar funds
Geode Capital Management's Q2 2024 Portfolio in Review
As of Q2 2024, Geode Capital Management held 4,723 positions worth $1.14T, up 5.4% from $1.08T the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Geode Capital Management's Q2 2024 filing shows 114 new, 3,571 increased, 603 reduced and 134 closed positions. Its largest new stake was GE Vernova: 5,513,744 shares worth $943M. The largest sale was Pioneer Natural Resource Co., an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 29% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q2 2024 buy was GE Vernova: 5,513,744 shares worth $943M.
- Geode Capital Management added most to Microsoft in Q2 2024, an estimated $1.76B increase.
- Geode Capital Management's biggest Q2 2024 reduction was GE Aerospace, cutting an estimated $718M.
- Geode Capital Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $1.24B.
- Geode Capital Management's ten largest holdings make up 31% of its $1.14T portfolio in Q2 2024.
- Geode Capital Management opened 114 new positions and closed 134 in Q2 2024.
- Geode Capital Management's portfolio value rose 5.4% quarter-over-quarter to $1.14T.
Based on Geode Capital Management's 13F filing for Q2 2024, filed 9 Aug 2024.