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 | |
|---|---|---|---|---|---|---|
|
RPC
2451
Ridgepost Capital
RPC
$991M
| $8.16M | ﹤0.01% |
961,637
+4,268
| +0.4% | +$34.1K |
|
|
CNSL
2452
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $8.15M | ﹤0.01% |
1,851,049
+91,367
| +5% | +$395K |
|
2453
Patria Investments
PAX
$1.86B
| $8.14M | ﹤0.01% |
675,260
+28,984
| +4% | +$382K |
|
2454
Lindblad Expeditions
LIND
$2.22B
| $8.12M | ﹤0.01% |
841,640
+25,624
| +3% | +$199K |
|
2455
Fulcrum Therapeutics
FULC
$297M
| $8.11M | ﹤0.01% |
1,307,377
+743,919
| +132% | +$5.64M |
|
2456
Carriage Services
CSV
$569M
| $8.1M | ﹤0.01% |
301,738
+11,995
| +4% | +$315K |
|
2457
Methode Electronics
MEI
$592M
| $8.1M | ﹤0.01% |
782,241
+27,685
| +4% | +$318K |
|
2458
Aviat Networks
AVNW
$273M
| $8.1M | ﹤0.01% |
282,167
+12,426
| +5% | +$394K |
|
2459
Celcuity
CELC
$4.52B
| $8.09M | ﹤0.01% |
493,851
+144,129
| +41% | +$2.41M |
|
2460
Neurogene
NGNE
$712M
| $8.08M | ﹤0.01% |
222,062
+122,748
| +124% | +$4.33M |
|
2461
Distribution Solutions Group
DSGR
$1.61B
| $8.08M | ﹤0.01% |
269,345
+24,615
| +10% | +$820K |
|
2462
Phibro Animal Health
PAHC
$1.39B
| $8.06M | ﹤0.01% |
480,268
+22,013
| +5% | +$354K |
|
2463
Cardlytics
CDLX
$21.5M
| $8.04M | ﹤0.01% |
97,969
+13,299
| +16% | +$1.44M |
|
2464
Compass Minerals
CMP
$1.15B
| $8.03M | ﹤0.01% |
776,749
+46,477
| +6% | +$599K |
|
2465
Shore Bancshares
SHBI
$796M
| $8.01M | ﹤0.01% |
699,450
+38,122
| +6% | +$414K |
|
2466
AngloGold Ashanti
AU
$48.7B
| $8M | ﹤0.01% |
+318,432
| New | +$7.56M |
|
2467
Limoneira
LMNR
$251M
| $7.98M | ﹤0.01% |
383,425
+7,553
| +2% | +$152K |
|
2468
Rayonier Advanced Materials
RYAM
$610M
| $7.98M | ﹤0.01% |
1,466,546
+70,723
| +5% | +$344K |
|
2469
Alector
ALEC
$199M
| $7.97M | ﹤0.01% |
1,755,585
+179,815
| +11% | +$925K |
|
2470
SIGA Technologies
SIGA
$219M
| $7.94M | ﹤0.01% |
1,046,399
+7,598
| +0.7% | +$61.9K |
|
2471
Kodak
KODK
$983M
| $7.92M | ﹤0.01% |
1,471,184
+94,277
| +7% | +$477K |
|
2472
SmartFinancial
SMBK
$888M
| $7.91M | ﹤0.01% |
334,194
+12,569
| +4% | +$272K |
|
2473
Ascendis Pharma A/S
ASND
$16.8B
| $7.88M | ﹤0.01% |
57,786
+1,684
| +3% | +$229K |
|
2474
Alerus Financial
ALRS
$828M
| $7.85M | ﹤0.01% |
400,106
+13,187
| +3% | +$260K |
|
|
EWCZ
2475
DELISTED
European Wax Center
EWCZ
| $7.85M | ﹤0.01% |
789,924
+13,958
| +2% | +$159K |
|
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.