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 | |
|---|---|---|---|---|---|---|
2401
Health Catalyst
HCAT
$128M
| $8.8M | ﹤0.01% |
1,376,140
+56,968
| +4% | +$366K |
|
2402
Kura Sushi USA
KRUS
$593M
| $8.79M | ﹤0.01% |
139,271
+9,879
| +8% | +$997K |
|
|
MCBC
2403
DELISTED
Macatawa Bank Corp
MCBC
| $8.79M | ﹤0.01% |
601,667
+24,698
| +4% | +$330K |
|
|
AILE
2404
DELISTED
iLearningEngines, Inc. Common Stock
AILE
| $8.78M | ﹤0.01% |
966,186
+953,759
| +7,675% | +$7.95M |
|
2405
OmniAb
OABI
$447M
| $8.77M | ﹤0.01% |
2,338,287
+114,435
| +5% | +$521K |
|
|
MTAL
2406
DELISTED
Metals Acquisition
MTAL
| $8.76M | ﹤0.01% |
+639,737
| New | +$8.65M |
|
2407
RCI Hospitality Holdings
RICK
$215M
| $8.74M | ﹤0.01% |
200,645
+5,931
| +3% | +$288K |
|
|
NFBK
2408
DELISTED
Northfield Bancorp
NFBK
| $8.73M | ﹤0.01% |
920,429
+26,179
| +3% | +$229K |
|
|
CTLP
2409
DELISTED
Cantaloupe
CTLP
| $8.71M | ﹤0.01% |
1,319,516
+44,510
| +3% | +$289K |
|
2410
Movado Group
MOV
$841M
| $8.68M | ﹤0.01% |
349,162
+9,086
| +3% | +$238K |
|
2411
Groupon
GRPN
$1.02B
| $8.65M | ﹤0.01% |
565,114
+277,252
| +96% | +$3.7M |
|
2412
Oric Pharmaceuticals
ORIC
$1.4B
| $8.65M | ﹤0.01% |
1,222,692
+311,059
| +34% | +$2.78M |
|
2413
Anika Therapeutics
ANIK
$287M
| $8.64M | ﹤0.01% |
341,068
+11,905
| +4% | +$309K |
|
|
HDSN
2414
Hudson Technologies
HDSN
$235M
| $8.62M | ﹤0.01% |
980,149
+42,888
| +5% | +$416K |
|
|
EU
2415
enCore Energy
EU
$243M
| $8.58M | ﹤0.01% |
2,178,353
+215,456
| +11% | +$953K |
|
2416
Allient
ALNT
$1.92B
| $8.55M | ﹤0.01% |
338,191
+34,470
| +11% | +$988K |
|
2417
National CineMedia
NCMI
$378M
| $8.55M | ﹤0.01% |
1,946,358
+960,966
| +98% | +$4.63M |
|
2418
Kearny Financial
KRNY
$599M
| $8.54M | ﹤0.01% |
1,388,853
+7,445
| +0.5% | +$42.6K |
|
2419
Advantage Solutions
ADV
$361M
| $8.53M | ﹤0.01% |
105,980
+13,866
| +15% | +$1.29M |
|
|
NAPA
2420
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $8.53M | ﹤0.01% |
1,201,434
+68,389
| +6% | +$551K |
|
2421
Voyager Therapeutics
VYGR
$201M
| $8.49M | ﹤0.01% |
1,072,769
+100,405
| +10% | +$842K |
|
2422
Peapack-Gladstone Financial
PGC
$812M
| $8.49M | ﹤0.01% |
374,608
+10,575
| +3% | +$240K |
|
2423
Costamare
CMRE
$1.77B
| $8.48M | ﹤0.01% |
515,905
-5,324
| -1% | -$72.7K |
|
2424
Willdan Group
WLDN
$1.3B
| $8.46M | ﹤0.01% |
293,283
+16,952
| +6% | +$506K |
|
|
HOUS
2425
DELISTED
Anywhere Real Estate
HOUS
| $8.46M | ﹤0.01% |
2,555,551
-23,480
| -0.9% | -$110K |
|
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.