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 | |
|---|---|---|---|---|---|---|
201
NXP Semiconductors
NXPI
$61.8B
| $1.09B | 0.08% |
5,242,415
+96,483
| +2% | +$21.9M |
|
202
Johnson Controls International
JCI
$87.2B
| $1.09B | 0.08% |
13,818,777
+343,517
| +3% | +$27.6M |
|
|
DFS
203
DELISTED
Discover Financial Services
DFS
| $1.08B | 0.08% |
6,240,451
+165,589
| +3% | +$27.2M |
|
204
Howmet Aerospace
HWM
$111B
| $1.07B | 0.08% |
9,810,797
+308,574
| +3% | +$33.8M |
|
205
Targa Resources
TRGP
$57.6B
| $1.06B | 0.08% |
5,930,473
+212,986
| +4% | +$38.2M |
|
206
Fidelity National Information Services
FIS
$23.8B
| $1.05B | 0.08% |
13,051,569
+208,127
| +2% | +$17.9M |
|
207
Verisk Analytics
VRSK
$26.1B
| $1.05B | 0.08% |
3,811,563
+19,423
| +0.5% | +$5.41M |
|
208
Prudential Financial
PRU
$42.6B
| $1.05B | 0.08% |
8,856,360
+193,681
| +2% | +$23.9M |
|
209
PG&E
PCG
$39.2B
| $1.05B | 0.08% |
51,988,553
+2,151,494
| +4% | +$43.8M |
|
210
CBRE Group
CBRE
$43.3B
| $1.04B | 0.08% |
7,904,316
+245,821
| +3% | +$32.2M |
|
211
Cognizant
CTSH
$24.3B
| $1.03B | 0.08% |
13,437,687
+157,464
| +1% | +$12.3M |
|
212
Otis Worldwide
OTIS
$27.3B
| $1.03B | 0.08% |
11,126,735
+95,035
| +0.9% | +$9.53M |
|
213
Xcel Energy
XEL
$48.8B
| $1.03B | 0.08% |
15,178,956
+616,853
| +4% | +$41.4M |
|
214
Public Service Enterprise Group
PEG
$38.6B
| $1.03B | 0.08% |
12,195,300
+365,666
| +3% | +$32.4M |
|
215
Royal Bank of Canada
RY
$292B
| $1.03B | 0.08% |
8,382,278
+1,991,364
| +31% | +$246M |
|
216
Yum! Brands
YUM
$43.3B
| $1.02B | 0.08% |
7,604,632
+163,462
| +2% | +$22.1M |
|
217
Arch Capital
ACGL
$34.5B
| $1.01B | 0.08% |
11,010,756
+180,493
| +2% | +$18.2M |
|
218
D.R. Horton
DHI
$40.7B
| $1.01B | 0.08% |
7,235,518
+127,606
| +2% | +$21.3M |
|
219
Edwards Lifesciences
EW
$50B
| $1.01B | 0.08% |
13,647,341
+126,194
| +0.9% | +$8.83M |
|
220
L3Harris
LHX
$50.7B
| $1B | 0.08% |
4,788,619
+53,787
| +1% | +$12.9M |
|
221
Baker Hughes
BKR
$59.5B
| $1B | 0.08% |
24,543,925
+465,832
| +2% | +$18.8M |
|
222
Kroger
KR
$35.4B
| $1B | 0.08% |
16,436,688
+416,962
| +3% | +$24.5M |
|
223
Gartner
IT
$10.2B
| $998M | 0.08% |
2,063,577
+45,219
| +2% | +$23.3M |
|
224
Dominion Energy
D
$61.3B
| $997M | 0.08% |
18,477,121
+601,900
| +3% | +$34.3M |
|
225
Ametek
AME
$55B
| $994M | 0.08% |
5,526,369
+124,713
| +2% | +$22.7M |
|
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.