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 | |
|---|---|---|---|---|---|---|
2301
World Acceptance Corp
WRLD
$884M
| $10.4M | ﹤0.01% |
83,982
-3,295
| -4% | -$434K |
|
2302
Baidu
BIDU
$37.2B
| $10.4M | ﹤0.01% |
119,778
+6,126
| +5% | +$616K |
|
|
OLP
2303
One Liberty Properties
OLP
$515M
| $10.4M | ﹤0.01% |
440,803
+20,659
| +5% | +$478K |
|
2304
JD.com
JD
$45B
| $10.3M | ﹤0.01% |
400,258
+2,596
| +0.7% | +$76.2K |
|
|
HTB
2305
HomeTrust Bancshares
HTB
$830M
| $10.3M | ﹤0.01% |
344,226
+7,582
| +2% | +$204K |
|
2306
Mesa Laboratories
MLAB
$567M
| $10.3M | ﹤0.01% |
118,990
+6,125
| +5% | +$641K |
|
2307
Perspective Therapeutics
CATX
$340M
| $10.3M | ﹤0.01% |
1,034,550
+596,982
| +136% | +$8.63M |
|
2308
NETGEAR
NTGR
$626M
| $10.3M | ﹤0.01% |
673,212
+21,848
| +3% | +$306K |
|
|
HONE
2309
DELISTED
HarborOne Bancorp
HONE
| $10.3M | ﹤0.01% |
924,609
+23,688
| +3% | +$243K |
|
2310
Liquidity Services
LQDT
$1.27B
| $10.3M | ﹤0.01% |
513,192
-5,334
| -1% | -$99.8K |
|
|
ORC
2311
Orchid Island Capital
ORC
$1.29B
| $10.2M | ﹤0.01% |
1,228,404
+96,722
| +9% | +$821K |
|
2312
Arbutus Biopharma
ABUS
$907M
| $10.2M | ﹤0.01% |
3,313,158
+354,271
| +12% | +$1.06M |
|
|
HLVX
2313
DELISTED
HilleVax
HLVX
| $10.2M | ﹤0.01% |
708,031
+86,214
| +14% | +$1.18M |
|
|
CDMO
2314
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $10.2M | ﹤0.01% |
1,431,827
+41,886
| +3% | +$320K |
|
2315
SmartRent
SMRT
$268M
| $10.2M | ﹤0.01% |
4,270,542
+231,340
| +6% | +$567K |
|
2316
ARS Pharmaceuticals
SPRY
$588M
| $10.2M | ﹤0.01% |
1,195,878
+319,207
| +36% | +$2.83M |
|
2317
Arrow Financial
AROW
$646M
| $10.1M | ﹤0.01% |
389,427
+47,134
| +14% | +$1.13M |
|
|
AGS
2318
DELISTED
PlayAGS
AGS
| $10.1M | ﹤0.01% |
879,907
+56,794
| +7% | +$587K |
|
|
DHIL
2319
DELISTED
Diamond Hill
DHIL
| $10.1M | ﹤0.01% |
71,765
+2,713
| +4% | +$408K |
|
2320
The RMR Group
RMR
$329M
| $10.1M | ﹤0.01% |
446,966
+35,430
| +9% | +$829K |
|
|
SEMR
2321
DELISTED
Semrush
SEMR
| $10.1M | ﹤0.01% |
752,117
+81,705
| +12% | +$1.13M |
|
2322
Aurinia Pharmaceuticals
AUPH
$2.06B
| $10.1M | ﹤0.01% |
1,763,602
+160,522
| +10% | +$845K |
|
|
EHAB
2323
DELISTED
Enhabit
EHAB
| $10.1M | ﹤0.01% |
1,126,920
+37,494
| +3% | +$359K |
|
2324
Farmers National Banc Corp
FMNB
$929M
| $10M | ﹤0.01% |
802,105
+8,498
| +1% | +$104K |
|
2325
NetEase
NTES
$84.9B
| $10M | ﹤0.01% |
104,593
+3,279
| +3% | +$312K |
|
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.