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
|
+$4.57B |
| 2 |
Microsoft
MSFT
|
+$1.4B |
| 3 |
NVIDIA
NVDA
|
+$1.36B |
| 4 |
Amazon
AMZN
|
+$1.19B |
| 5 |
Broadcom
AVGO
|
+$1.13B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WRK
WestRock Company
WRK
|
+$316M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$187M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$159M |
| 4 |
ETRN
Equitrans Midstream Corporation Common Stock
ETRN
|
+$139M |
| 5 |
Cadence Design Systems
CDNS
|
+$113M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.03% |
| 2 | Financials | 12.84% |
| 3 | Healthcare | 11.54% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Industrials | 8.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MLNK
2251
DELISTED
MeridianLink
MLNK
| $12.4M | ﹤0.01% |
603,443
+65,834
| +12% | +$1.49M |
|
|
HOUS
2252
DELISTED
Anywhere Real Estate
HOUS
| $12.4M | ﹤0.01% |
2,440,273
-115,278
| -5% | -$534K |
|
|
TRML
2253
DELISTED
Tourmaline Bio
TRML
| $12.4M | ﹤0.01% |
482,078
+29,005
| +6% | +$484K |
|
2254
Columbia Financial
CLBK
$1.12B
| $12.4M | ﹤0.01% |
725,901
-19,644
| -3% | -$331K |
|
|
SEMR
2255
DELISTED
Semrush
SEMR
| $12.4M | ﹤0.01% |
788,290
+36,173
| +5% | +$505K |
|
2256
Liquidia Corp
LQDA
$8.07B
| $12.4M | ﹤0.01% |
1,237,657
-74,143
| -6% | -$810K |
|
2257
Seaboard Corp
SEB
$4.05B
| $12.4M | ﹤0.01% |
3,943
+81
| +2% | +$253K |
|
2258
Scholar Rock
SRRK
$6.23B
| $12.4M | ﹤0.01% |
1,543,025
+120,489
| +8% | +$1.06M |
|
2259
RPC Inc
RES
$1.35B
| $12.3M | ﹤0.01% |
1,935,157
+13
| +0% | +$82 |
|
2260
Southern Missouri Bancorp
SMBC
$838M
| $12.3M | ﹤0.01% |
217,753
+2,113
| +1% | +$111K |
|
2261
Tyra Biosciences
TYRA
$1.56B
| $12.3M | ﹤0.01% |
523,190
+516
| +0.1% | +$10.8K |
|
2262
Erasca
ERAS
$6.24B
| $12.3M | ﹤0.01% |
4,502,698
+1,190,807
| +36% | +$3.35M |
|
2263
Symbotic
SYM
$5.27B
| $12.3M | ﹤0.01% |
503,758
+46,721
| +10% | +$1.27M |
|
|
CHCT
2264
Community Healthcare Trust
CHCT
$434M
| $12.2M | ﹤0.01% |
674,517
+9,256
| +1% | +$189K |
|
|
CBL
2265
CBL Properties
CBL
$1.71B
| $12.2M | ﹤0.01% |
484,484
-94,017
| -16% | -$2.39M |
|
2266
Nice
NICE
$5.97B
| $12.2M | ﹤0.01% |
70,021
+97
| +0.1% | +$16.7K |
|
2267
Franklin Covey
FC
$240M
| $12.1M | ﹤0.01% |
295,182
+8,888
| +3% | +$356K |
|
|
OLO
2268
DELISTED
Olo Inc
OLO
| $12.1M | ﹤0.01% |
2,444,805
+42,318
| +2% | +$209K |
|
2269
Willdan Group
WLDN
$1.27B
| $12.1M | ﹤0.01% |
294,797
+1,514
| +0.5% | +$54.4K |
|
2270
Kiniksa Pharmaceuticals
KNSA
$6B
| $12.1M | ﹤0.01% |
482,976
-365,918
| -43% | -$8.91M |
|
2271
First Watch Restaurant Group
FWRG
$728M
| $12M | ﹤0.01% |
769,608
+91,416
| +13% | +$1.45M |
|
2272
First Financial Corp
THFF
$958M
| $12M | ﹤0.01% |
273,544
+4,743
| +2% | +$202K |
|
2273
BioNTech
BNTX
$23.4B
| $12M | ﹤0.01% |
100,652
-847
| -0.8% | -$77.9K |
|
|
RDUS
2274
DELISTED
Radius Recycling
RDUS
| $11.9M | ﹤0.01% |
643,674
+36,618
| +6% | +$585K |
|
2275
Esquire Financial Holdings
ESQ
$1.11B
| $11.9M | ﹤0.01% |
182,259
+6,025
| +3% | +$348K |
|
Similar funds
Geode Capital Management's Q3 2024 Portfolio in Review
As of Q3 2024, Geode Capital Management held 4,685 positions worth $1.23T, up 8.4% from $1.14T the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Geode Capital Management's Q3 2024 filing shows 98 new, 3,266 increased, 979 reduced and 150 closed positions. Its largest new stake was Smurfit Westrock: 12,733,113 shares worth $627M. The largest sale was WestRock Company, an estimated $316M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 32% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q3 2024 buy was Smurfit Westrock: 12,733,113 shares worth $627M.
- Geode Capital Management added most to Apple in Q3 2024, an estimated $4.57B increase.
- Geode Capital Management's biggest Q3 2024 reduction was Vertex Pharmaceuticals, cutting an estimated $187M.
- Geode Capital Management fully exited WestRock Company in Q3 2024, selling an estimated $316M.
- Geode Capital Management's ten largest holdings make up 30% of its $1.23T portfolio in Q3 2024.
- Geode Capital Management opened 98 new positions and closed 150 in Q3 2024.
- Geode Capital Management's portfolio value rose 8.4% quarter-over-quarter to $1.23T.
Based on Geode Capital Management's 13F filing for Q3 2024, filed 12 Nov 2024.