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 | 8.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.97T
| $72.1B | 6.33% |
161,760,164
+4,171,486
| +3% | +$1.76B |
2013 Q2
44 quarters
|
|
|
2
NVIDIA
NVDA
$5.54T
| $65.9B | 5.78% |
534,553,523
+9,610,533
| +2% | +$972M |
2013 Q2
44 quarters
|
|
|
3
Apple
AAPL
$4.91T
| $65.8B | 5.78% |
313,373,713
+5,652,861
| +2% | +$1.05B |
2013 Q2
44 quarters
|
|
|
4
Amazon
AMZN
$2.83T
| $37.3B | 3.27% |
193,369,102
+5,526,340
| +3% | +$1.02B |
2013 Q2
44 quarters
|
|
5
Alphabet (Google) Class A
GOOGL
$4.3T
| $23.9B | 2.1% |
131,404,248
+2,271,228
| +2% | +$383M |
2015 Q4
34 quarters
|
|
6
Meta Platforms (Facebook)
META
$1.83T
| $23.9B | 2.09% |
47,461,724
+1,048,932
| +2% | +$510M |
2013 Q2
44 quarters
|
|
|
7
Alphabet (Google) Class C
GOOG
$4.25T
| $18.9B | 1.66% |
103,298,273
+1,289,565
| +1% | +$219M |
2013 Q2
44 quarters
|
|
8
Eli Lilly
LLY
$1.05T
| $15.4B | 1.35% |
17,005,148
+429,952
| +3% | +$344M |
2013 Q2
44 quarters
|
|
|
9
Broadcom
AVGO
$1.73T
| $14.8B | 1.29% |
92,128,850
-3,117,240
| -3% | -$437M |
2013 Q2
44 quarters
|
|
10
Berkshire Hathaway Class B
BRK.B
$1.1T
| $14.5B | 1.28% |
35,827,872
+502,048
| +1% | +$205M |
2013 Q2
44 quarters
|
|
11
JPMorgan Chase
JPM
$885B
| $11.7B | 1.02% |
57,838,356
+928,574
| +2% | +$182M |
2013 Q2
44 quarters
|
|
12
Tesla
TSLA
$1.51T
| $11.5B | 1.01% |
58,333,812
+1,425,301
| +3% | +$249M |
2013 Q2
44 quarters
|
|
|
13
ExxonMobil
XOM
$695B
| $10.4B | 0.91% |
90,572,917
+11,716,296
| +15% | +$1.36B |
2013 Q2
44 quarters
|
|
14
UnitedHealth
UNH
$340B
| $9.81B | 0.86% |
19,318,665
+374,005
| +2% | +$183M |
2013 Q2
44 quarters
|
|
15
Visa
V
$724B
| $9.4B | 0.82% |
35,882,701
+1,007,549
| +3% | +$276M |
2013 Q2
44 quarters
|
|
16
Procter & Gamble
PG
$351B
| $8.49B | 0.75% |
51,585,310
+2,584,371
| +5% | +$423M |
2013 Q2
44 quarters
|
|
17
Johnson & Johnson
JNJ
$630B
| $8.03B | 0.71% |
55,102,121
+1,779,157
| +3% | +$265M |
2013 Q2
44 quarters
|
|
18
Costco
COST
$420B
| $7.9B | 0.69% |
9,324,866
+234,715
| +3% | +$183M |
2013 Q2
44 quarters
|
|
19
Mastercard
MA
$516B
| $7.89B | 0.69% |
17,921,280
+451,895
| +3% | +$206M |
2013 Q2
44 quarters
|
|
20
Home Depot
HD
$290B
| $7.3B | 0.64% |
21,267,301
+574,444
| +3% | +$196M |
2013 Q2
44 quarters
|
|
21
Merck
MRK
$359B
| $7.04B | 0.62% |
57,020,708
+609,479
| +1% | +$78.5M |
2013 Q2
44 quarters
|
|
22
AbbVie
ABBV
$489B
| $6.28B | 0.55% |
36,681,750
-812,903
| -2% | -$135M |
2013 Q2
44 quarters
|
|
23
Netflix
NFLX
$293B
| $6.07B | 0.53% |
90,253,270
+2,369,490
| +3% | +$148M |
2013 Q2
44 quarters
|
|
24
Adobe
ADBE
$94.3B
| $5.75B | 0.51% |
10,381,108
+194,963
| +2% | +$94.4M |
2013 Q2
44 quarters
|
|
25
Walmart Inc
WMT
$883B
| $5.73B | 0.5% |
84,831,348
+1,504,749
| +2% | +$94.8M |
2013 Q2
44 quarters
|
|
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 113 new, 3,570 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 113 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.