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 | |
|---|---|---|---|---|---|---|
2426
Xperi
XPER
$348M
| $8.42M | ﹤0.01% |
1,025,923
+77,528
| +8% | +$733K |
|
2427
Titan International
TWI
$475M
| $8.42M | ﹤0.01% |
1,135,709
+19,597
| +2% | +$186K |
|
2428
Resources Connection
RGP
$145M
| $8.4M | ﹤0.01% |
760,586
+35,212
| +5% | +$396K |
|
2429
Esquire Financial Holdings
ESQ
$1.14B
| $8.39M | ﹤0.01% |
176,234
+10,272
| +6% | +$482K |
|
2430
SelectQuote
SLQT
$121M
| $8.39M | ﹤0.01% |
3,038,194
+12,805
| +0.4% | +$30.8K |
|
2431
Peoples Financial Services
PFIS
$707M
| $8.38M | ﹤0.01% |
183,988
+34,070
| +23% | +$1.33M |
|
2432
Lightwave Logic
LWLG
$1.25B
| $8.37M | ﹤0.01% |
2,800,420
+124,962
| +5% | +$457K |
|
2433
iRadimed
IRMD
$1.18B
| $8.37M | ﹤0.01% |
190,461
+22,355
| +13% | +$951K |
|
2434
Pacific Biosciences
PACB
$370M
| $8.36M | ﹤0.01% |
6,102,872
+460,093
| +8% | +$929K |
|
2435
Haverty Furniture Companies
HVT
$454M
| $8.36M | ﹤0.01% |
330,507
+11,126
| +3% | +$321K |
|
2436
Tyra Biosciences
TYRA
$1.58B
| $8.36M | ﹤0.01% |
522,674
+105,866
| +25% | +$1.82M |
|
|
DENN
2437
DELISTED
Denny's
DENN
| $8.36M | ﹤0.01% |
1,176,977
+28,179
| +2% | +$217K |
|
|
ACRE
2438
Ares Commercial Real Estate
ACRE
$270M
| $8.35M | ﹤0.01% |
1,255,854
+50,043
| +4% | +$346K |
|
2439
Xponential Fitness
XPOF
$211M
| $8.34M | ﹤0.01% |
534,778
+26,683
| +5% | +$329K |
|
2440
Five Star Bancorp
FSBC
$1.13B
| $8.33M | ﹤0.01% |
351,973
+84,226
| +31% | +$1.89M |
|
2441
Phathom Pharmaceuticals
PHAT
$692M
| $8.3M | ﹤0.01% |
806,047
+54,668
| +7% | +$563K |
|
2442
America's Car Mart
CRMT
$26.9M
| $8.3M | ﹤0.01% |
137,818
+6,569
| +5% | +$397K |
|
2443
IMAX
IMAX
$2.66B
| $8.29M | ﹤0.01% |
494,621
+6,858
| +1% | +$113K |
|
2444
VinFast Auto
VFS
$7.84B
| $8.29M | ﹤0.01% |
1,927,187
+12,540
| +0.7% | +$48.9K |
|
2445
FuboTV Inc
FUBO
$273M
| $8.28M | ﹤0.01% |
556,345
+32,368
| +6% | +$518K |
|
2446
Larimar Therapeutics
LRMR
$432M
| $8.26M | ﹤0.01% |
1,139,123
+269,740
| +31% | +$2.07M |
|
2447
Preformed Line Products
PLPC
$2.28B
| $8.22M | ﹤0.01% |
66,000
+4,957
| +8% | +$633K |
|
2448
Greenlight Captial
GLRE
$506M
| $8.2M | ﹤0.01% |
625,826
+40,645
| +7% | +$518K |
|
|
ENFN
2449
DELISTED
Enfusion, Inc.
ENFN
| $8.17M | ﹤0.01% |
958,999
+143,907
| +18% | +$1.32M |
|
2450
BioNTech
BNTX
$23.5B
| $8.16M | ﹤0.01% |
101,499
+9,089
| +10% | +$831K |
|
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.