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 | |
|---|---|---|---|---|---|---|
|
NXDR
2376
Nextdoor Holdings
NXDR
$1.04B
| $10M | ﹤0.01% |
4,042,728
+205,015
| +5% | +$527K |
|
2377
EVgo
EVGO
$224M
| $10M | ﹤0.01% |
2,419,863
+90,887
| +4% | +$347K |
|
2378
Shore Bancshares
SHBI
$788M
| $9.98M | ﹤0.01% |
712,895
+13,445
| +2% | +$180K |
|
2379
Willis Lease Finance
WLFC
$1.2B
| $9.98M | ﹤0.01% |
201,063
+5,658
| +3% | +$186K |
|
|
BAND
2380
Bandwidth Inc
BAND
$1.7B
| $9.96M | ﹤0.01% |
568,667
+19,832
| +4% | +$351K |
|
|
AGS
2381
DELISTED
PlayAGS
AGS
| $9.95M | ﹤0.01% |
873,538
-6,369
| -0.7% | -$72.3K |
|
2382
Limoneira
LMNR
$249M
| $9.94M | ﹤0.01% |
375,072
-8,353
| -2% | -$192K |
|
2383
Consensus Cloud Solutions
CCSI
$680M
| $9.92M | ﹤0.01% |
421,123
+5,299
| +1% | +$111K |
|
2384
Peoples Financial Services
PFIS
$695M
| $9.91M | ﹤0.01% |
211,451
+27,463
| +15% | +$1.26M |
|
|
CTO
2385
CTO Realty Growth
CTO
$805M
| $9.88M | ﹤0.01% |
519,300
-2,664
| -0.5% | -$50.7K |
|
2386
Funko
FNKO
$346M
| $9.87M | ﹤0.01% |
807,760
+13,002
| +2% | +$131K |
|
2387
Distribution Solutions Group
DSGR
$1.61B
| $9.84M | ﹤0.01% |
255,506
-13,839
| -5% | -$472K |
|
2388
OmniAb
OABI
$491M
| $9.84M | ﹤0.01% |
2,325,381
-12,906
| -0.6% | -$55.8K |
|
|
BRY
2389
DELISTED
Berry Corp
BRY
| $9.79M | ﹤0.01% |
1,903,951
+176,280
| +10% | +$1.08M |
|
2390
SmartFinancial
SMBK
$877M
| $9.78M | ﹤0.01% |
335,501
+1,307
| +0.4% | +$36K |
|
|
ENFN
2391
DELISTED
Enfusion, Inc.
ENFN
| $9.77M | ﹤0.01% |
1,029,366
+70,367
| +7% | +$607K |
|
2392
NetEase
NTES
$85.4B
| $9.77M | ﹤0.01% |
104,433
-160
| -0.2% | -$14K |
|
2393
LSB Industries
LXU
$726M
| $9.74M | ﹤0.01% |
1,210,722
-122,947
| -9% | -$976K |
|
2394
Build-A-Bear
BBW
$467M
| $9.73M | ﹤0.01% |
282,957
-1,007
| -0.4% | -$28.4K |
|
2395
Capricor Therapeutics
CAPR
$223M
| $9.71M | ﹤0.01% |
638,189
-3,384
| -0.5% | -$16.7K |
|
|
SHYF
2396
DELISTED
The Shyft Group
SHYF
| $9.7M | ﹤0.01% |
773,150
+9,588
| +1% | +$123K |
|
2397
Covenant Logistics
CVLG
$843M
| $9.7M | ﹤0.01% |
367,104
-8,144
| -2% | -$211K |
|
2398
Xperi
XPER
$332M
| $9.64M | ﹤0.01% |
1,043,421
+17,498
| +2% | +$144K |
|
2399
Hingham Institution for Saving
HIFS
$657M
| $9.64M | ﹤0.01% |
39,590
+617
| +2% | +$143K |
|
|
LOVE
2400
LoveSac
LOVE
$253M
| $9.63M | ﹤0.01% |
336,210
+3,979
| +1% | +$99.4K |
|
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.