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 | |
|---|---|---|---|---|---|---|
|
RVNC
2276
DELISTED
Revance Therapeutics, Inc.
RVNC
| $11.9M | ﹤0.01% |
2,289,654
-8,311
| -0.4% | -$41.3K |
|
|
FPI
2277
Farmland Partners
FPI
$416M
| $11.9M | ﹤0.01% |
1,136,338
+8,413
| +0.7% | +$88.9K |
|
2278
Acco Brands
ACCO
$400M
| $11.9M | ﹤0.01% |
2,166,912
+53,490
| +3% | +$270K |
|
2279
Northeast Bank
NBN
$1.13B
| $11.8M | ﹤0.01% |
153,470
+801
| +0.5% | +$54.4K |
|
|
HONE
2280
DELISTED
HarborOne Bancorp
HONE
| $11.8M | ﹤0.01% |
911,619
-12,990
| -1% | -$162K |
|
|
SEZL
2281
Sezzle
SEZL
$4.05B
| $11.8M | ﹤0.01% |
415,668
-5,700
| -1% | -$111K |
|
2282
Atlanta Braves Holdings Series A
BATRA
$3.43B
| $11.8M | ﹤0.01% |
280,331
+3,798
| +1% | +$168K |
|
2283
nLIGHT
LASR
$2.94B
| $11.8M | ﹤0.01% |
1,103,920
+9,673
| +0.9% | +$109K |
|
|
DHIL
2284
DELISTED
Diamond Hill
DHIL
| $11.8M | ﹤0.01% |
72,980
+1,215
| +2% | +$187K |
|
2285
Daktronics
DAKT
$1.04B
| $11.8M | ﹤0.01% |
912,137
-37,744
| -4% | -$522K |
|
2286
Liquidity Services
LQDT
$1.28B
| $11.8M | ﹤0.01% |
515,584
+2,392
| +0.5% | +$51.6K |
|
2287
NerdWallet
NRDS
$659M
| $11.8M | ﹤0.01% |
924,423
+19,330
| +2% | +$256K |
|
2288
Health Catalyst
HCAT
$131M
| $11.7M | ﹤0.01% |
1,443,036
+66,896
| +5% | +$483K |
|
2289
Great Southern Bancorp
GSBC
$871M
| $11.7M | ﹤0.01% |
203,810
+1,891
| +0.9% | +$110K |
|
2290
Logitech
LOGI
$15.1B
| $11.6M | ﹤0.01% |
128,879
-190
| -0.1% | -$16.9K |
|
2291
Savara
SVRA
$1.18B
| $11.6M | ﹤0.01% |
2,726,850
+264,825
| +11% | +$1.17M |
|
|
OSG
2292
Octave Specialty Group
OSG
$206M
| $11.5M | ﹤0.01% |
1,028,956
+28,573
| +3% | +$334K |
|
2293
Myers Industries
MYE
$1.25B
| $11.5M | ﹤0.01% |
832,442
+10,666
| +1% | +$151K |
|
2294
Invesco Mortgage Capital
IVR
$793M
| $11.5M | ﹤0.01% |
1,224,795
+80,051
| +7% | +$719K |
|
|
INVX
2295
Innovex International
INVX
$2.02B
| $11.5M | ﹤0.01% |
781,334
+6,428
| +0.8% | +$103K |
|
2296
Midland States Bancorp
MSBI
$689M
| $11.5M | ﹤0.01% |
511,936
+2,294
| +0.5% | +$52.1K |
|
2297
Phibro Animal Health
PAHC
$1.39B
| $11.4M | ﹤0.01% |
507,469
+27,201
| +6% | +$525K |
|
2298
Evolv Technologies
EVLV
$1.06B
| $11.4M | ﹤0.01% |
2,820,747
+355,611
| +14% | +$1.24M |
|
2299
Regenxbio
RGNX
$693M
| $11.4M | ﹤0.01% |
1,088,651
+44,037
| +4% | +$537K |
|
2300
CNB Financial Corp
CCNE
$1.01B
| $11.4M | ﹤0.01% |
474,032
+9,359
| +2% | +$218K |
|
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.