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 | |
|---|---|---|---|---|---|---|
2276
Sinclair Inc
SBGI
$1.01B
| $10.8M | ﹤0.01% |
811,686
+22,746
| +3% | +$291K |
|
2277
OneSpan
OSPN
$617M
| $10.8M | ﹤0.01% |
843,388
+4,068
| +0.5% | +$48.9K |
|
|
INST
2278
DELISTED
Instructure Holdings, Inc.
INST
| $10.8M | ﹤0.01% |
460,596
+59,736
| +15% | +$1.27M |
|
2279
United Fire Group
UFCS
$1.38B
| $10.7M | ﹤0.01% |
499,307
+15,920
| +3% | +$352K |
|
2280
Stoke Therapeutics
STOK
$2.08B
| $10.7M | ﹤0.01% |
794,170
+154,363
| +24% | +$2.08M |
|
|
CLDT
2281
Chatham Lodging
CLDT
$576M
| $10.7M | ﹤0.01% |
1,259,197
+55,835
| +5% | +$502K |
|
2282
Invesco Mortgage Capital
IVR
$794M
| $10.7M | ﹤0.01% |
1,144,744
+54,780
| +5% | +$494K |
|
2283
CEVA Inc
CEVA
$928M
| $10.7M | ﹤0.01% |
555,460
+26,314
| +5% | +$533K |
|
2284
Consolidated Water Co
CWCO
$484M
| $10.7M | ﹤0.01% |
402,769
+25,833
| +7% | +$676K |
|
2285
Metropolitan Bank Holding Corp
MCB
$1.14B
| $10.7M | ﹤0.01% |
253,560
+16,383
| +7% | +$655K |
|
|
NXDR
2286
Nextdoor Holdings
NXDR
$1.03B
| $10.7M | ﹤0.01% |
3,837,713
+545,126
| +17% | +$1.26M |
|
|
OLO
2287
DELISTED
Olo Inc
OLO
| $10.6M | ﹤0.01% |
2,402,487
+84,342
| +4% | +$399K |
|
2288
Green Dot
GDOT
$741M
| $10.6M | ﹤0.01% |
1,121,988
+124,545
| +12% | +$1.16M |
|
2289
Plains All American Pipeline
PAA
$16.2B
| $10.6M | ﹤0.01% |
593,787
-13,858
| -2% | -$242K |
|
|
PLYA
2290
DELISTED
Playa Hotels & Resorts
PLYA
| $10.6M | ﹤0.01% |
1,263,216
-46,175
| -4% | -$407K |
|
2291
Altimmune
ALT
$583M
| $10.6M | ﹤0.01% |
1,593,810
+357,012
| +29% | +$2.63M |
|
2292
Blend Labs
BLND
$364M
| $10.6M | ﹤0.01% |
4,483,897
+2,718,511
| +154% | +$7.21M |
|
2293
Tango Therapeutics
TNGX
$4.41B
| $10.5M | ﹤0.01% |
1,225,552
+92,017
| +8% | +$711K |
|
2294
NovaGold Resources
NG
$3.37B
| $10.5M | ﹤0.01% |
3,037,297
+305,125
| +11% | +$1.01M |
|
|
OSG
2295
DELISTED
Overseas Shipholding Group Inc.
OSG
| $10.5M | ﹤0.01% |
1,237,564
-39,615
| -3% | -$287K |
|
2296
Corbus Pharmaceuticals
CRBP
$181M
| $10.5M | ﹤0.01% |
231,057
+122,249
| +112% | +$5.14M |
|
2297
UWM Holdings
UWMC
$485M
| $10.4M | ﹤0.01% |
1,505,612
+50,966
| +4% | +$350K |
|
2298
LendingTree
TREE
$449M
| $10.4M | ﹤0.01% |
250,613
-9,270
| -4% | -$391K |
|
2299
Mission Produce
AVO
$1.15B
| $10.4M | ﹤0.01% |
1,053,917
-14,701
| -1% | -$168K |
|
|
CHUY
2300
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $10.4M | ﹤0.01% |
401,425
+16,379
| +4% | +$466K |
|
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.