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 | |
|---|---|---|---|---|---|---|
2201
SSR Mining
SSRM
$6.39B
| $12.3M | ﹤0.01% |
2,733,757
+1,455,810
| +114% | +$7.47M |
|
2202
Energy Fuels
UUUU
$3.57B
| $12.3M | ﹤0.01% |
2,032,842
+196,350
| +11% | +$1.2M |
|
2203
Applied Digital
APLD
$8.49B
| $12.2M | ﹤0.01% |
2,058,298
+274,979
| +15% | +$1.07M |
|
|
CATC
2204
DELISTED
CAMBRIDGE BANCORP
CATC
| $12.2M | ﹤0.01% |
177,267
+6,690
| +4% | +$435K |
|
2205
Regenxbio
RGNX
$692M
| $12.2M | ﹤0.01% |
1,044,614
+94,063
| +10% | +$1.46M |
|
|
PTVE
2206
DELISTED
Pactiv Evergreen Inc. Common stock
PTVE
| $12.2M | ﹤0.01% |
1,078,696
+31,272
| +3% | +$416K |
|
2207
Seaboard Corp
SEB
$4.02B
| $12.2M | ﹤0.01% |
3,862
+273
| +8% | +$878K |
|
2208
Amalgamated Financial
AMAL
$1.48B
| $12.2M | ﹤0.01% |
444,779
+29,528
| +7% | +$721K |
|
2209
Corsair Gaming
CRSR
$1.5B
| $12.2M | ﹤0.01% |
1,100,859
+149,212
| +16% | +$1.69M |
|
|
LAND
2210
Gladstone Land Corp
LAND
$348M
| $12.2M | ﹤0.01% |
887,415
+33,034
| +4% | +$434K |
|
2211
Mitek Systems
MITK
$815M
| $12.1M | ﹤0.01% |
1,086,184
+78,870
| +8% | +$1.01M |
|
2212
RPC Inc
RES
$1.35B
| $12.1M | ﹤0.01% |
1,935,144
+59,746
| +3% | +$418K |
|
2213
Standard BioTools
LAB
$307M
| $12M | ﹤0.01% |
6,794,869
+4,087,943
| +151% | +$9.99M |
|
2214
Nice
NICE
$5.98B
| $12M | ﹤0.01% |
69,924
-139
| -0.2% | -$28.6K |
|
2215
Universal Insurance Holdings
UVE
$1.22B
| $12M | ﹤0.01% |
640,644
+33,157
| +5% | +$645K |
|
2216
Lennar Class B
LEN.B
$20.2B
| $12M | ﹤0.01% |
90,376
-7,630
| -8% | -$1.05M |
|
2217
nLIGHT
LASR
$2.95B
| $12M | ﹤0.01% |
1,094,247
+53,719
| +5% | +$653K |
|
|
FLNA
2218
Filana Therapeutics
FLNA
$49.3M
| $11.9M | ﹤0.01% |
967,304
+65,464
| +7% | +$1.38M |
|
2219
Douglas Dynamics
PLOW
$1B
| $11.9M | ﹤0.01% |
509,800
+17,971
| +4% | +$427K |
|
2220
First Watch Restaurant Group
FWRG
$721M
| $11.9M | ﹤0.01% |
678,192
+140,111
| +26% | +$2.93M |
|
2221
Portillo's
PTLO
$314M
| $11.9M | ﹤0.01% |
1,220,961
+185,081
| +18% | +$2.06M |
|
2222
Scholar Rock
SRRK
$6.23B
| $11.9M | ﹤0.01% |
1,422,536
+231,280
| +19% | +$2.83M |
|
|
SNCY
2223
DELISTED
Sun Country Airlines
SNCY
| $11.8M | ﹤0.01% |
942,311
-410
| -0% | -$5.05K |
|
|
TRTX
2224
TPG RE Finance Trust
TRTX
$606M
| $11.8M | ﹤0.01% |
1,368,291
-82,754
| -6% | -$679K |
|
2225
i3 Verticals
IIIV
$331M
| $11.8M | ﹤0.01% |
534,142
+27,272
| +5% | +$575K |
|
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.