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 |
Moderna
MRNA
|
+$887M |
| 2 |
Amazon
AMZN
|
+$857M |
| 3 |
Apple
AAPL
|
+$844M |
| 4 |
Microsoft
MSFT
|
+$802M |
| 5 |
Tesla
TSLA
|
+$606M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$760M |
| 2 |
MXIM
Maxim Integrated Products
MXIM
|
+$515M |
| 3 |
WORK
Slack Technologies, Inc.
WORK
|
+$258M |
| 4 |
Oracle
ORCL
|
+$126M |
| 5 |
PFPT
Proofpoint, Inc.
PFPT
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.53% |
| 2 | Financials | 13.97% |
| 3 | Healthcare | 13.42% |
| 4 | Consumer Discretionary | 11.85% |
| 5 | Communication Services | 10.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
STAG Industrial
STAG
$7.08B
| $135M | 0.02% |
3,444,328
+131,735
| +4% | +$5.38M |
|
652
Deckers Outdoor
DECK
$12.8B
| $135M | 0.02% |
2,248,338
+150,510
| +7% | +$10.3M |
|
653
First American
FAF
$7.32B
| $135M | 0.02% |
2,012,981
-5,738
| -0.3% | -$383K |
|
654
Jefferies Financial Group
JEF
$12.7B
| $135M | 0.02% |
3,802,229
+302,894
| +9% | +$10.1M |
|
655
FIVE9
FIVN
$2.44B
| $135M | 0.02% |
844,293
+8,088
| +1% | +$1.48M |
|
656
Liberty Media Series C
FWONK
$25.7B
| $134M | 0.02% |
2,704,517
-81,912
| -3% | -$3.88M |
|
657
Bentley Systems
BSY
$11B
| $134M | 0.02% |
2,213,771
+1,559,027
| +238% | +$99.5M |
|
658
EastGroup Properties
EGP
$10.8B
| $134M | 0.02% |
803,047
+8,226
| +1% | +$1.43M |
|
659
AGNC Investment
AGNC
$12.9B
| $133M | 0.02% |
8,429,198
+176,639
| +2% | +$2.86M |
|
660
Zurn Elkay Water Solutions
ZWS
$8.6B
| $133M | 0.02% |
4,285,860
-140,081
| -3% | -$3.93M |
|
661
GameStop
GME
$8.44B
| $132M | 0.02% |
3,011,940
+313,812
| +12% | +$14.3M |
|
662
Sea Limited
SE
$80.5B
| $131M | 0.02% |
420,793
+312,130
| +287% | +$95.8M |
|
663
Amdocs
DOX
$6.1B
| $131M | 0.02% |
1,732,810
+147,090
| +9% | +$11.4M |
|
664
SolarEdge
SEDG
$2.05B
| $131M | 0.02% |
495,453
-11,226
| -2% | -$3.06M |
|
665
Owens Corning
OC
$12.6B
| $131M | 0.02% |
1,528,602
+150,779
| +11% | +$14.2M |
|
|
BHVN
666
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $130M | 0.02% |
938,974
+25,524
| +3% | +$3.19M |
|
667
Canadian Imperial Bank of Commerce
CM
$109B
| $129M | 0.02% |
2,327,274
+273,038
| +13% | +$15.7M |
|
668
Asana
ASAN
$2.13B
| $129M | 0.02% |
1,245,001
+430,807
| +53% | +$35.8M |
|
669
Essential Utilities
WTRG
$11.4B
| $129M | 0.02% |
2,807,406
+19,705
| +0.7% | +$954K |
|
670
United Therapeutics
UTHR
$22.1B
| $129M | 0.02% |
698,066
-11,713
| -2% | -$2.31M |
|
671
Tenet Healthcare
THC
$20.9B
| $128M | 0.02% |
1,929,424
-60,831
| -3% | -$4.31M |
|
672
Carlisle Companies
CSL
$15.5B
| $127M | 0.02% |
636,716
+643
| +0.1% | +$130K |
|
673
Hubbell
HUBB
$27.5B
| $126M | 0.02% |
698,679
-10,590
| -1% | -$2.07M |
|
674
Five Below
FIVE
$13B
| $126M | 0.02% |
712,314
+3,091
| +0.4% | +$615K |
|
|
VMW
675
DELISTED
VMware, Inc
VMW
| $126M | 0.02% |
847,606
-8,473
| -1% | -$1.28M |
|
Similar funds
Geode Capital Management's Q3 2021 Portfolio in Review
As of Q3 2021, Geode Capital Management held 4,944 positions worth $743B, up 2.3% from $726B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Geode Capital Management's Q3 2021 filing shows 223 new, 2,961 increased, 1,210 reduced and 86 closed positions. Its largest new stake was Lucid Motors: 565,353 shares worth $143M. The largest sale was Alexion Pharmaceuticals, an estimated $760M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q3 2021 buy was Lucid Motors: 565,353 shares worth $143M.
- Geode Capital Management added most to Moderna in Q3 2021, an estimated $887M increase.
- Geode Capital Management's biggest Q3 2021 reduction was Oracle, cutting an estimated $126M.
- Geode Capital Management fully exited Alexion Pharmaceuticals in Q3 2021, selling an estimated $760M.
- Geode Capital Management's ten largest holdings make up 23% of its $743B portfolio in Q3 2021.
- Geode Capital Management opened 223 new positions and closed 86 in Q3 2021.
- Geode Capital Management's portfolio value rose 2.3% quarter-over-quarter to $743B.
Based on Geode Capital Management's 13F filing for Q3 2021, filed 12 Nov 2021.