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
|
+$4.57B |
| 2 |
Microsoft
MSFT
|
+$1.4B |
| 3 |
NVIDIA
NVDA
|
+$1.36B |
| 4 |
Amazon
AMZN
|
+$1.19B |
| 5 |
Broadcom
AVGO
|
+$1.13B |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WRK
WestRock Company
WRK
|
+$316M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$187M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$159M |
| 4 |
ETRN
Equitrans Midstream Corporation Common Stock
ETRN
|
+$139M |
| 5 |
Cadence Design Systems
CDNS
|
+$113M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.03% |
| 2 | Financials | 12.84% |
| 3 | Healthcare | 11.54% |
| 4 | Consumer Discretionary | 10.45% |
| 5 | Industrials | 8.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2451
Zymeworks
ZYME
$1.71B
| $8.96M | ﹤0.01% |
713,915
+965
| +0.1% | +$10.5K |
|
|
ACRE
2452
Ares Commercial Real Estate
ACRE
$256M
| $8.91M | ﹤0.01% |
1,272,163
+16,309
| +1% | +$117K |
|
2453
CryoPort
CYRX
$747M
| $8.9M | ﹤0.01% |
1,097,369
+38,520
| +4% | +$315K |
|
|
EU
2454
enCore Energy
EU
$254M
| $8.9M | ﹤0.01% |
2,203,139
+24,786
| +1% | +$91.8K |
|
2455
Alector
ALEC
$189M
| $8.87M | ﹤0.01% |
1,903,942
+148,357
| +8% | +$796K |
|
|
FFWM
2456
DELISTED
First Foundation Inc
FFWM
| $8.84M | ﹤0.01% |
1,416,963
+249,237
| +21% | +$1.59M |
|
|
MTAL
2457
DELISTED
Metals Acquisition
MTAL
| $8.83M | ﹤0.01% |
637,620
-2,117
| -0.3% | -$26.1K |
|
2458
Haverty Furniture Companies
HVT
$451M
| $8.82M | ﹤0.01% |
321,114
-9,393
| -3% | -$252K |
|
2459
Unisys
UIS
$211M
| $8.8M | ﹤0.01% |
1,549,653
+10,277
| +0.7% | +$50.9K |
|
2460
Excelerate Energy
EE
$1.13B
| $8.78M | ﹤0.01% |
398,612
-2,844
| -0.7% | -$55.1K |
|
2461
Paysafe
PSFE
$366M
| $8.75M | ﹤0.01% |
390,286
-1,370
| -0.3% | -$28.4K |
|
2462
RCI Hospitality Holdings
RICK
$207M
| $8.74M | ﹤0.01% |
196,092
-4,553
| -2% | -$204K |
|
|
OLPX
2463
DELISTED
Olaplex Holdings
OLPX
| $8.72M | ﹤0.01% |
3,708,821
+468,570
| +14% | +$950K |
|
2464
AngloGold Ashanti
AU
$49.2B
| $8.71M | ﹤0.01% |
327,108
+8,676
| +3% | +$249K |
|
|
FARO
2465
DELISTED
Faro Technologies
FARO
| $8.63M | ﹤0.01% |
450,899
+19,005
| +4% | +$320K |
|
2466
Petrobras Class A
PBR.A
$106B
| $8.57M | ﹤0.01% |
649,615
-256,368
| -28% | -$3.47M |
|
2467
Sierra Bancorp
BSRR
$516M
| $8.55M | ﹤0.01% |
296,117
-2,351
| -0.8% | -$65.3K |
|
2468
3D Systems Corp
DDD
$611M
| $8.54M | ﹤0.01% |
3,007,031
+38,431
| +1% | +$111K |
|
2469
Montauk Renewables
MNTK
$243M
| $8.53M | ﹤0.01% |
1,636,368
+9,203
| +0.6% | +$46K |
|
2470
Bit Digital
BTBT
$454M
| $8.51M | ﹤0.01% |
2,425,057
+42,375
| +2% | +$141K |
|
2471
Frontier Group Holdings
ULCC
$1.56B
| $8.51M | ﹤0.01% |
1,590,598
+441,001
| +38% | +$1.73M |
|
|
ONC
2472
BeOne Medicines Ltd
ONC
$40.6B
| $8.48M | ﹤0.01% |
37,764
-50
| -0.1% | -$9K |
|
2473
Marcus Corp
MCS
$921M
| $8.47M | ﹤0.01% |
561,687
+7,320
| +1% | +$96.5K |
|
2474
TETRA Technologies
TTI
$1.28B
| $8.46M | ﹤0.01% |
2,728,035
+17,802
| +0.7% | +$57.5K |
|
|
PSTL
2475
Postal Realty Trust
PSTL
$680M
| $8.45M | ﹤0.01% |
577,040
+19,600
| +4% | +$281K |
|
Similar funds
Geode Capital Management's Q3 2024 Portfolio in Review
As of Q3 2024, Geode Capital Management held 4,685 positions worth $1.23T, up 8.4% from $1.14T the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Geode Capital Management's Q3 2024 filing shows 98 new, 3,266 increased, 979 reduced and 150 closed positions. Its largest new stake was Smurfit Westrock: 12,733,113 shares worth $627M. The largest sale was WestRock Company, an estimated $316M.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 32% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q3 2024 buy was Smurfit Westrock: 12,733,113 shares worth $627M.
- Geode Capital Management added most to Apple in Q3 2024, an estimated $4.57B increase.
- Geode Capital Management's biggest Q3 2024 reduction was Vertex Pharmaceuticals, cutting an estimated $187M.
- Geode Capital Management fully exited WestRock Company in Q3 2024, selling an estimated $316M.
- Geode Capital Management's ten largest holdings make up 30% of its $1.23T portfolio in Q3 2024.
- Geode Capital Management opened 98 new positions and closed 150 in Q3 2024.
- Geode Capital Management's portfolio value rose 8.4% quarter-over-quarter to $1.23T.
Based on Geode Capital Management's 13F filing for Q3 2024, filed 12 Nov 2024.