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 | |
|---|---|---|---|---|---|---|
2326
Fulgent Genetics
FLGT
$522M
| $10.9M | ﹤0.01% |
502,869
+13,320
| +3% | +$298K |
|
2327
Clearwater Paper
CLW
$374M
| $10.9M | ﹤0.01% |
382,003
-964
| -0.3% | -$37.6K |
|
2328
Planet Labs
PL
$8.42B
| $10.9M | ﹤0.01% |
4,870,492
+689,888
| +17% | +$1.53M |
|
2329
Star Bulk Carriers
SBLK
$3.18B
| $10.8M | ﹤0.01% |
457,274
+357,720
| +359% | +$7.94M |
|
|
AIOT
2330
PowerFleet Inc
AIOT
$391M
| $10.8M | ﹤0.01% |
2,160,346
+49,431
| +2% | +$235K |
|
2331
The RMR Group
RMR
$330M
| $10.8M | ﹤0.01% |
424,308
-22,658
| -5% | -$559K |
|
2332
Pacific Biosciences
PACB
$351M
| $10.8M | ﹤0.01% |
6,327,906
+225,034
| +4% | +$370K |
|
2333
NVE Corp
NVEC
$582M
| $10.8M | ﹤0.01% |
134,613
+9,763
| +8% | +$775K |
|
2334
Global Industrial
GIC
$1.53B
| $10.7M | ﹤0.01% |
316,083
+10,601
| +3% | +$348K |
|
2335
Adtran
ADTN
$642M
| $10.7M | ﹤0.01% |
1,810,112
+63,960
| +4% | +$356K |
|
2336
Gogo Inc
GOGO
$463M
| $10.7M | ﹤0.01% |
1,491,633
-49,755
| -3% | -$406K |
|
2337
Stoke Therapeutics
STOK
$2.08B
| $10.7M | ﹤0.01% |
870,831
+76,661
| +10% | +$1.09M |
|
|
YMAB
2338
DELISTED
Y-mAbs Therapeutics
YMAB
| $10.7M | ﹤0.01% |
813,489
+47,846
| +6% | +$607K |
|
2339
Anavex Life Sciences
AVXL
$313M
| $10.7M | ﹤0.01% |
1,883,199
+51,946
| +3% | +$300K |
|
|
KE
2340
Kimball Electronics
KE
$613M
| $10.7M | ﹤0.01% |
577,229
+4,044
| +0.7% | +$80.9K |
|
2341
Arrow Financial
AROW
$644M
| $10.7M | ﹤0.01% |
372,228
-17,199
| -4% | -$495K |
|
2342
Consolidated Water Co
CWCO
$485M
| $10.7M | ﹤0.01% |
423,163
+20,394
| +5% | +$544K |
|
2343
Playtika
PLTK
$1.07B
| $10.7M | ﹤0.01% |
1,345,632
-141,550
| -10% | -$1.06M |
|
|
NFBK
2344
DELISTED
Northfield Bancorp
NFBK
| $10.6M | ﹤0.01% |
917,344
-3,085
| -0.3% | -$35.4K |
|
2345
OrthoPediatrics
KIDS
$603M
| $10.6M | ﹤0.01% |
391,492
+7,972
| +2% | +$241K |
|
2346
Gray Television
GTN
$513M
| $10.6M | ﹤0.01% |
1,971,374
+57,481
| +3% | +$296K |
|
2347
Tango Therapeutics
TNGX
$4.36B
| $10.5M | ﹤0.01% |
1,368,262
+142,710
| +12% | +$1.36M |
|
2348
United Fire Group
UFCS
$1.37B
| $10.5M | ﹤0.01% |
502,232
+2,925
| +0.6% | +$60.5K |
|
|
ATXS
2349
DELISTED
Astria Therapeutics
ATXS
| $10.5M | ﹤0.01% |
953,167
-60,423
| -6% | -$672K |
|
2350
Mid Penn Bancorp
MPB
$934M
| $10.5M | ﹤0.01% |
350,375
+17,730
| +5% | +$484K |
|
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.