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 | |
|---|---|---|---|---|---|---|
|
USAP
2426
DELISTED
Universal Stainless & Alloy
USAP
| $9.24M | ﹤0.01% |
209,743
+855
| +0.4% | +$37K |
|
2427
uniQure
QURE
$3.03B
| $9.2M | ﹤0.01% |
520,553
+11,951
| +2% | +$103K |
|
2428
Grindr
GRND
$3.19B
| $9.19M | ﹤0.01% |
515,268
+748
| +0.1% | +$10.9K |
|
2429
Carter Bankshares
CARE
$792M
| $9.19M | ﹤0.01% |
522,252
-1,339
| -0.3% | -$24.6K |
|
2430
Quanterix
QTRX
$175M
| $9.18M | ﹤0.01% |
863,503
+4,836
| +0.6% | +$58.8K |
|
|
EBTC
2431
DELISTED
Enterprise Bancorp
EBTC
| $9.18M | ﹤0.01% |
232,016
-1,547
| -0.7% | -$55.7K |
|
|
VERV
2432
DELISTED
Verve Therapeutics
VERV
| $9.17M | ﹤0.01% |
1,625,780
+25,093
| +2% | +$142K |
|
2433
Red Violet
RDVT
$984M
| $9.15M | ﹤0.01% |
252,768
-3,650
| -1% | -$122K |
|
2434
Limoneira
LMNR
$246M
| $9.13M | ﹤0.01% |
373,115
-1,957
| -0.5% | -$52.3K |
|
2435
America's Car Mart
CRMT
$27.6M
| $9.12M | ﹤0.01% |
177,847
+37,222
| +26% | +$1.7M |
|
2436
Akebia Therapeutics
AKBA
$354M
| $9.11M | ﹤0.01% |
4,795,095
+40,631
| +0.9% | +$70.6K |
|
2437
Hamilton Insurance Group
HG
$3.5B
| $9.1M | ﹤0.01% |
478,057
+2,504
| +0.5% | +$46.3K |
|
2438
OrthoPediatrics
KIDS
$536M
| $9.09M | ﹤0.01% |
392,274
+782
| +0.2% | +$19.6K |
|
|
SHYF
2439
DELISTED
The Shyft Group
SHYF
| $9.09M | ﹤0.01% |
773,985
+835
| +0.1% | +$10.8K |
|
2440
Celcuity
CELC
$4.51B
| $9.07M | ﹤0.01% |
692,372
+62,003
| +10% | +$875K |
|
2441
UWM Holdings
UWMC
$661M
| $9.06M | ﹤0.01% |
1,542,249
-4,569
| -0.3% | -$29.7K |
|
2442
Seneca Foods Class A
SENEA
$1.18B
| $8.98M | ﹤0.01% |
113,335
-1,494
| -1% | -$103K |
|
|
ZIMV
2443
DELISTED
ZimVie
ZIMV
| $8.97M | ﹤0.01% |
642,793
-3,771
| -0.6% | -$54.1K |
|
2444
The RMR Group
RMR
$325M
| $8.97M | ﹤0.01% |
434,398
+10,090
| +2% | +$234K |
|
2445
Southern California Bancorp
BCAL
$693M
| $8.93M | ﹤0.01% |
539,994
-2,153
| -0.4% | -$34.6K |
|
|
EHAB
2446
DELISTED
Enhabit
EHAB
| $8.93M | ﹤0.01% |
1,142,798
+5,340
| +0.5% | +$40.6K |
|
2447
AngioDynamics
ANGO
$628M
| $8.93M | ﹤0.01% |
974,302
+13,535
| +1% | +$99.5K |
|
2448
World Acceptance Corp
WRLD
$902M
| $8.92M | ﹤0.01% |
79,296
-324
| -0.4% | -$37.8K |
|
|
NOVA
2449
DELISTED
Sunnova Energy
NOVA
| $8.86M | ﹤0.01% |
2,583,179
+20,495
| +0.8% | +$103K |
|
2450
Codexis
CDXS
$154M
| $8.85M | ﹤0.01% |
1,855,514
+211,475
| +13% | +$871K |
|
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.