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 |
Apple
AAPL
|
+$1.49B |
| 2 |
Microsoft
MSFT
|
+$1.32B |
| 3 |
NVIDIA
NVDA
|
+$1.31B |
| 4 |
Amazon
AMZN
|
+$1.03B |
| 5 |
Meta Platforms (Facebook)
META
|
+$599M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$366M |
| 2 |
MRO
Marathon Oil Corporation
MRO
|
+$354M |
| 3 |
CTLT
CATALENT, INC.
CTLT
|
+$257M |
| 4 |
Palo Alto Networks
PANW
|
+$176M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$133M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.81% |
| 2 | Financials | 13.54% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Healthcare | 10.13% |
| 5 | Communication Services | 8.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CTLP
2201
DELISTED
Cantaloupe
CTLP
| $12.9M | ﹤0.01% |
1,360,339
-5,695
| -0.4% | -$51.8K |
|
2202
Kura Sushi USA
KRUS
$580M
| $12.9M | ﹤0.01% |
142,521
+4,192
| +3% | +$392K |
|
2203
Scholastic
SCHL
$794M
| $12.9M | ﹤0.01% |
604,427
+946
| +0.2% | +$24K |
|
2204
National CineMedia
NCMI
$392M
| $12.8M | ﹤0.01% |
1,925,875
-36,088
| -2% | -$248K |
|
2205
Build-A-Bear
BBW
$424M
| $12.8M | ﹤0.01% |
277,676
-5,281
| -2% | -$205K |
|
2206
Teekay Tankers
TNK
$2.79B
| $12.8M | ﹤0.01% |
320,965
+2,978
| +0.9% | +$138K |
|
2207
Accel Entertainment
ACEL
$979M
| $12.8M | ﹤0.01% |
1,193,954
-16,780
| -1% | -$192K |
|
2208
IMAX
IMAX
$2.8B
| $12.8M | ﹤0.01% |
498,135
+5,826
| +1% | +$137K |
|
|
SRDX
2209
DELISTED
Surmodics
SRDX
| $12.8M | ﹤0.01% |
321,921
-2,639
| -0.8% | -$103K |
|
2210
First Financial Corp
THFF
$982M
| $12.7M | ﹤0.01% |
275,748
+2,204
| +0.8% | +$102K |
|
|
XRN
2211
Chiron Real Estate Inc
XRN
$467M
| $12.7M | ﹤0.01% |
329,596
+5,164
| +2% | +$228K |
|
2212
The Honest Company
HNST
$403M
| $12.7M | ﹤0.01% |
1,826,160
+14,539
| +0.8% | +$82.3K |
|
2213
Midland States Bancorp
MSBI
$711M
| $12.6M | ﹤0.01% |
518,209
+6,273
| +1% | +$157K |
|
2214
Quantum Computing Inc
QUBT
$1.97B
| $12.6M | ﹤0.01% |
762,588
+75,380
| +11% | +$414K |
|
|
MOFG
2215
DELISTED
MidWestOne Financial Group
MOFG
| $12.6M | ﹤0.01% |
433,179
+97,502
| +29% | +$2.98M |
|
2216
Carriage Services
CSV
$645M
| $12.6M | ﹤0.01% |
315,936
+1,072
| +0.3% | +$39.5K |
|
2217
Heartland Express
HTLD
$949M
| $12.6M | ﹤0.01% |
1,118,648
-7,214
| -0.6% | -$84.8K |
|
2218
TechTarget
TTGT
$323M
| $12.5M | ﹤0.01% |
632,704
+21,191
| +3% | +$559K |
|
2219
Universal Insurance Holdings
UVE
$1.23B
| $12.5M | ﹤0.01% |
595,377
-94,390
| -14% | -$1.97M |
|
|
UHT
2220
Universal Health Realty Income Trust
UHT
$592M
| $12.5M | ﹤0.01% |
336,415
+3,986
| +1% | +$162K |
|
|
ETWO
2221
DELISTED
E2open Parent Holdings
ETWO
| $12.5M | ﹤0.01% |
4,703,881
-32,447
| -0.7% | -$102K |
|
2222
Ouster
OUST
$2.86B
| $12.5M | ﹤0.01% |
1,022,274
+46,867
| +5% | +$412K |
|
2223
Relay Therapeutics
RLAY
$4.09B
| $12.5M | ﹤0.01% |
3,030,157
+297,887
| +11% | +$1.62M |
|
2224
B&G Foods
BGS
$290M
| $12.5M | ﹤0.01% |
1,809,054
+5,646
| +0.3% | +$42.5K |
|
|
TRTX
2225
TPG RE Finance Trust
TRTX
$619M
| $12.4M | ﹤0.01% |
1,464,001
+7,118
| +0.5% | +$62K |
|
Similar funds
Geode Capital Management's Q4 2024 Portfolio in Review
As of Q4 2024, Geode Capital Management held 4,614 positions worth $1.29T, up 4.5% from $1.23T the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Trading was light in Q4 2024: portfolio turnover was 4.7%. Geode Capital Management opened 80 new positions and exited 137, leaving the 4,614-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Financials and Consumer Discretionary.
- Geode Capital Management's largest Q4 2024 buy was Primo Brands: 3,477,223 shares worth $107M.
- Geode Capital Management added most to Apple in Q4 2024, an estimated $1.49B increase.
- Geode Capital Management's biggest Q4 2024 reduction was Alphabet (Google) Class A, cutting an estimated $366M.
- Geode Capital Management fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $354M.
- Geode Capital Management's ten largest holdings make up 32% of its $1.29T portfolio in Q4 2024.
- Geode Capital Management opened 80 new positions and closed 137 in Q4 2024.
- Geode Capital Management's portfolio value rose 4.5% quarter-over-quarter to $1.29T.
Based on Geode Capital Management's 13F filing for Q4 2024, filed 12 Feb 2025.