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 | |
|---|---|---|---|---|---|---|
|
X
876
DELISTED
US Steel
X
| $88.5M | 0.01% |
4,016,864
+709,967
| +21% | +$17.8M |
|
877
Goodyear
GT
$1.72B
| $88M | 0.01% |
4,971,296
-5,851
| -0.1% | -$95K |
|
|
WCC
878
WESCO International
WCC
$18B
| $87.9M | 0.01% |
762,004
-1,421
| -0.2% | -$157K |
|
879
Voya Financial
VOYA
$9.03B
| $87.7M | 0.01% |
1,430,369
-128,953
| -8% | -$8.21M |
|
|
IAA
880
DELISTED
IAA, Inc. Common Stock
IAA
| $87.6M | 0.01% |
1,606,185
-20,046
| -1% | -$1.11M |
|
881
Teradata
TDC
$2.51B
| $87.4M | 0.01% |
1,523,560
+7,091
| +0.5% | +$365K |
|
882
Littelfuse
LFUS
$11.7B
| $87.3M | 0.01% |
319,297
-19
| -0% | -$5.07K |
|
883
Simpson Manufacturing
SSD
$7.97B
| $87M | 0.01% |
813,543
-34,892
| -4% | -$3.86M |
|
|
CIT
884
DELISTED
CIT Group Inc.
CIT
| $86.9M | 0.01% |
1,672,818
-5,292
| -0.3% | -$271K |
|
885
Ryman Hospitality Properties
RHP
$7.85B
| $86.8M | 0.01% |
1,037,113
-12,527
| -1% | -$997K |
|
886
Alkermes
ALKS
$8.42B
| $86.7M | 0.01% |
2,810,329
-247,610
| -8% | -$7M |
|
887
Atlassian
TEAM
$38.9B
| $86.7M | 0.01% |
221,420
+3,259
| +1% | +$1.09M |
|
888
Warner Bros
WBD
$68.9B
| $86.5M | 0.01% |
3,415,857
+105,469
| +3% | +$2.97M |
|
889
Thor Industries
THO
$4.09B
| $86.5M | 0.01% |
704,423
+41,926
| +6% | +$4.79M |
|
890
U-Haul Holding Co
UHAL
$14.3B
| $86.3M | 0.01% |
1,337,710
+52,330
| +4% | +$3.28M |
|
891
Louisiana-Pacific
LPX
$5.16B
| $86.1M | 0.01% |
1,384,515
-24,523
| -2% | -$1.45M |
|
892
iShares MSCI Taiwan ETF
EWT
$11.4B
| – | – |
0
| – | – |
|
893
Wyndham Hotels & Resorts
WH
$5.47B
| $85.9M | 0.01% |
1,112,579
-6,438
| -0.6% | -$462K |
|
894
Lumentum
LITE
$73.2B
| $85.8M | 0.01% |
1,027,165
+2,443
| +0.2% | +$205K |
|
|
PPD
895
DELISTED
PPD, Inc. Common Stock
PPD
| $85.7M | 0.01% |
1,833,772
+99,801
| +6% | +$4.62M |
|
896
Essent Group
ESNT
$6.19B
| $85.7M | 0.01% |
1,946,193
-154,197
| -7% | -$7M |
|
897
Neogen
NEOG
$2.49B
| $85.7M | 0.01% |
1,971,280
+14,745
| +0.8% | +$641K |
|
898
SoFi Technologies
SOFI
$23B
| $85.5M | 0.01% |
5,384,680
+4,781,208
| +792% | +$74.9M |
|
899
Meritage Homes
MTH
$4.78B
| $85.4M | 0.01% |
1,761,778
+77,342
| +5% | +$3.98M |
|
900
Marriott Vacations Worldwide
VAC
$4.04B
| $85.3M | 0.01% |
542,017
+20,748
| +4% | +$3.14M |
|
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.