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 | |
|---|---|---|---|---|---|---|
2326
Gray Television
GTN
$532M
| $9.95M | ﹤0.01% |
1,913,893
+122,724
| +7% | +$718K |
|
2327
Root
ROOT
$815M
| $9.93M | ﹤0.01% |
192,458
+108,267
| +129% | +$6.27M |
|
2328
Acco Brands
ACCO
$400M
| $9.93M | ﹤0.01% |
2,113,422
+107,153
| +5% | +$534K |
|
2329
Savara
SVRA
$1.19B
| $9.92M | ﹤0.01% |
2,462,025
+94,220
| +4% | +$419K |
|
2330
First Financial Corp
THFF
$965M
| $9.92M | ﹤0.01% |
268,801
+17,618
| +7% | +$647K |
|
2331
Wave Life Sciences
WVE
$1.2B
| $9.91M | ﹤0.01% |
1,986,245
+73,503
| +4% | +$419K |
|
2332
Stoneridge
SRI
$207M
| $9.9M | ﹤0.01% |
620,088
+38,229
| +7% | +$612K |
|
2333
Colliers International
CIGI
$5.09B
| $9.9M | ﹤0.01% |
82,680
+25,903
| +46% | +$2.89M |
|
2334
Nordic American Tanker
NAT
$1.37B
| $9.87M | ﹤0.01% |
2,479,870
+161,587
| +7% | +$650K |
|
|
DESP
2335
DELISTED
Despegar.com
DESP
| $9.83M | ﹤0.01% |
+742,966
| New | +$9.79M |
|
|
APLT
2336
DELISTED
Applied Therapeutics
APLT
| $9.8M | ﹤0.01% |
2,098,815
+1,494,387
| +247% | +$7.07M |
|
2337
GCM Grosvenor
GCMG
$827M
| $9.78M | ﹤0.01% |
1,002,007
+42,788
| +4% | +$413K |
|
2338
FLEX LNG
FLNG
$1.65B
| $9.72M | ﹤0.01% |
359,625
+29,364
| +9% | +$797K |
|
2339
U-Haul Holding Co
UHAL
$14.6B
| $9.72M | ﹤0.01% |
157,510
+2,227
| +1% | +$145K |
|
2340
Adaptive Biotechnologies
ADPT
$4.1B
| $9.71M | ﹤0.01% |
2,682,328
+103,202
| +4% | +$328K |
|
2341
Southern Missouri Bancorp
SMBC
$845M
| $9.71M | ﹤0.01% |
215,640
+2,122
| +1% | +$88.3K |
|
|
PKST
2342
DELISTED
Peakstone Realty Trust
PKST
| $9.67M | ﹤0.01% |
911,916
+72,936
| +9% | +$958K |
|
|
AIOT
2343
PowerFleet Inc
AIOT
$405M
| $9.65M | ﹤0.01% |
2,110,915
+1,125,268
| +114% | +$5.34M |
|
2344
Fulgent Genetics
FLGT
$522M
| $9.61M | ﹤0.01% |
489,549
+17,168
| +4% | +$358K |
|
2345
Global Industrial
GIC
$1.52B
| $9.58M | ﹤0.01% |
305,482
+17,699
| +6% | +$649K |
|
2346
Vivid Seats
SEAT
$84.3M
| $9.55M | ﹤0.01% |
83,028
+3,654
| +5% | +$397K |
|
2347
Bowman Consulting
BWMN
$742M
| $9.52M | ﹤0.01% |
299,250
+63,848
| +27% | +$2.02M |
|
2348
MaxCyte
MXCT
$129M
| $9.51M | ﹤0.01% |
2,426,672
+298,358
| +14% | +$1.28M |
|
|
PLGO
2349
Pelagos Insurance Capital
PLGO
$2.12B
| $9.51M | ﹤0.01% |
583,200
-103,993
| -15% | -$1.84M |
|
|
KALV
2350
DELISTED
KalVista Pharmaceuticals
KALV
| $9.5M | ﹤0.01% |
806,271
+154,383
| +24% | +$1.8M |
|
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.