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 | |
|---|---|---|---|---|---|---|
2276
nLIGHT
LASR
$3.95B
| $11.6M | ﹤0.01% |
1,100,904
-3,016
| -0.3% | -$33.6K |
|
2277
Clearwater Paper
CLW
$359M
| $11.5M | ﹤0.01% |
386,976
+4,973
| +1% | +$135K |
|
2278
RPC Inc
RES
$1.28B
| $11.5M | ﹤0.01% |
1,939,189
+4,032
| +0.2% | +$25K |
|
2279
Climb Global Solutions
CLMB
$508M
| $11.5M | ﹤0.01% |
363,352
-5,220
| -1% | -$155K |
|
2280
Erasca
ERAS
$6.19B
| $11.5M | ﹤0.01% |
4,569,819
+67,121
| +1% | +$184K |
|
2281
Columbia Financial
CLBK
$1.11B
| $11.5M | ﹤0.01% |
725,626
-275
| -0% | -$4.74K |
|
2282
Compañía de Minas Buenaventura
BVN
$7.74B
| $11.5M | ﹤0.01% |
1,002,441
+38,427
| +4% | +$492K |
|
2283
Arhaus
ARHS
$1.12B
| $11.5M | ﹤0.01% |
1,219,876
+11,895
| +1% | +$117K |
|
2284
EyePoint Inc
EYPT
$1.04B
| $11.5M | ﹤0.01% |
1,538,902
+339,846
| +28% | +$3.16M |
|
2285
Pacific Biosciences
PACB
$441M
| $11.5M | ﹤0.01% |
6,262,925
-64,981
| -1% | -$127K |
|
|
BFS
2286
Saul Centers
BFS
$842M
| $11.4M | ﹤0.01% |
294,933
-2,756
| -0.9% | -$110K |
|
2287
SelectQuote
SLQT
$133M
| $11.4M | ﹤0.01% |
3,074,855
-6,536
| -0.2% | -$16.7K |
|
2288
Byrna Technologies
BYRN
$111M
| $11.4M | ﹤0.01% |
396,616
+5,184
| +1% | +$102K |
|
|
INVX
2289
Innovex International
INVX
$1.98B
| $11.4M | ﹤0.01% |
816,945
+35,611
| +5% | +$534K |
|
2290
Nice
NICE
$5.9B
| $11.4M | ﹤0.01% |
67,141
-2,880
| -4% | -$513K |
|
2291
Arbutus Biopharma
ABUS
$861M
| $11.4M | ﹤0.01% |
3,482,136
+33,536
| +1% | +$123K |
|
|
RYZ
2292
Ryerson Holding Corp
RYZ
$1.46B
| $11.4M | ﹤0.01% |
615,003
-30,709
| -5% | -$689K |
|
2293
Xeris Biopharma Holdings
XERS
$1.4B
| $11.4M | ﹤0.01% |
3,351,426
+17,956
| +0.5% | +$57.8K |
|
2294
Consolidated Water Co
CWCO
$473M
| $11.3M | ﹤0.01% |
438,223
+15,060
| +4% | +$384K |
|
2295
NVE Corp
NVEC
$595M
| $11.3M | ﹤0.01% |
139,280
+4,667
| +3% | +$366K |
|
2296
Atlanta Braves Holdings Series A
BATRA
$3.49B
| $11.3M | ﹤0.01% |
277,853
-2,478
| -0.9% | -$104K |
|
2297
Franklin Covey
FC
$244M
| $11.3M | ﹤0.01% |
301,054
+5,872
| +2% | +$226K |
|
2298
Autohome
ATHM
$2.68B
| $11.3M | ﹤0.01% |
438,508
+24,576
| +6% | +$708K |
|
2299
Five Star Bancorp
FSBC
$1.14B
| $11.3M | ﹤0.01% |
375,230
-2,117
| -0.6% | -$66.3K |
|
2300
Willdan Group
WLDN
$1.11B
| $11.3M | ﹤0.01% |
296,398
+1,601
| +0.5% | +$68.7K |
|
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.