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 | |
|---|---|---|---|---|---|---|
2376
Entrada Therapeutics
TRDA
$276M
| $9.93M | ﹤0.01% |
573,891
-2,560
| -0.4% | -$46.4K |
|
|
AGS
2377
DELISTED
PlayAGS
AGS
| $9.92M | ﹤0.01% |
860,424
-13,114
| -2% | -$152K |
|
2378
Zevra Therapeutics
ZVRA
$609M
| $9.91M | ﹤0.01% |
1,188,120
+144,256
| +14% | +$1.23M |
|
2379
SolarEdge
SEDG
$2.97B
| $9.91M | ﹤0.01% |
728,259
+20,215
| +3% | +$311K |
|
2380
Porch Group
PRCH
$1.91B
| $9.9M | ﹤0.01% |
2,012,705
+24,824
| +1% | +$79.7K |
|
|
FFWM
2381
DELISTED
First Foundation Inc
FFWM
| $9.9M | ﹤0.01% |
1,593,473
+176,510
| +12% | +$1.27M |
|
2382
Bioventus
BVS
$904M
| $9.87M | ﹤0.01% |
939,876
-620
| -0.1% | -$7.33K |
|
2383
Unisys
UIS
$222M
| $9.85M | ﹤0.01% |
1,556,325
+6,672
| +0.4% | +$46.5K |
|
2384
EVgo
EVGO
$245M
| $9.85M | ﹤0.01% |
2,432,183
+12,320
| +0.5% | +$78.3K |
|
|
SPYM
2385
State Street SPDR Portfolio S&P 500 ETF
SPYM
$168B
| – | – |
0
| – | – |
|
|
GPGI
2386
GPGI Inc
GPGI
$4.56B
| $9.84M | ﹤0.01% |
772,514
+67,276
| +10% | +$852K |
|
2387
ImmunityBio
IBRX
$7.28B
| $9.83M | ﹤0.01% |
3,840,918
-5,757
| -0.1% | -$24K |
|
2388
Oil-Dri
ODC
$1.43B
| $9.83M | ﹤0.01% |
224,366
+704
| +0.3% | +$25.8K |
|
2389
Covenant Logistics
CVLG
$905M
| $9.83M | ﹤0.01% |
362,650
-4,454
| -1% | -$122K |
|
|
LAND
2390
Gladstone Land Corp
LAND
$351M
| $9.83M | ﹤0.01% |
905,578
+4,946
| +0.5% | +$61.3K |
|
2391
TETRA Technologies
TTI
$1.29B
| $9.82M | ﹤0.01% |
2,741,804
+13,769
| +0.5% | +$48.9K |
|
2392
3D Systems Corp
DDD
$598M
| $9.79M | ﹤0.01% |
2,985,227
-21,804
| -0.7% | -$69.5K |
|
|
CMRC
2393
Commerce.com Inc Series 1
CMRC
$267M
| $9.79M | ﹤0.01% |
1,599,527
-692
| -0% | -$4.33K |
|
2394
BigBear.ai
BBAI
$1.52B
| $9.78M | ﹤0.01% |
2,197,296
+38,858
| +2% | +$87.9K |
|
|
TRML
2395
DELISTED
Tourmaline Bio
TRML
| $9.77M | ﹤0.01% |
481,609
-469
| -0.1% | -$11.8K |
|
2396
Northrim BanCorp
NRIM
$606M
| $9.76M | ﹤0.01% |
500,980
-6,612
| -1% | -$126K |
|
|
RDUS
2397
DELISTED
Radius Recycling
RDUS
| $9.76M | ﹤0.01% |
641,145
-2,529
| -0.4% | -$45.4K |
|
2398
Kiniksa Pharmaceuticals
KNSA
$5.95B
| $9.74M | ﹤0.01% |
492,630
+9,654
| +2% | +$220K |
|
|
BAND
2399
Bandwidth Inc
BAND
$1.47B
| $9.72M | ﹤0.01% |
570,910
+2,243
| +0.4% | +$42.1K |
|
2400
LendingTree
TREE
$464M
| $9.72M | ﹤0.01% |
250,717
-2,491
| -1% | -$119K |
|
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.