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 | |
|---|---|---|---|---|---|---|
|
JBTM
1001
JBT Marel
JBTM
$6.2B
| $71.3M | 0.01% |
507,592
-9,791
| -2% | -$1.4M |
|
1002
ZTO Express
ZTO
$17.5B
| $71.3M | 0.01% |
2,338,703
+189,383
| +9% | +$5.43M |
|
1003
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.38B
| $71.2M | 0.01% |
1,330,649
+21,726
| +2% | +$1.24M |
|
1004
Signet Jewelers
SIG
$3.59B
| $71.1M | 0.01% |
900,379
+8,376
| +0.9% | +$615K |
|
1005
Advanced Drainage Systems
WMS
$10.6B
| $70.8M | 0.01% |
654,467
+35,887
| +6% | +$4.13M |
|
|
TXNM
1006
TXNM Energy Inc
TXNM
$5.91B
| $70.6M | 0.01% |
1,426,661
-9,573
| -0.7% | -$468K |
|
|
ETRN
1007
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $70.4M | 0.01% |
6,946,610
+67,978
| +1% | +$599K |
|
|
PCH
1008
DELISTED
PotlatchDeltic
PCH
| $70.4M | 0.01% |
1,365,205
-179,420
| -12% | -$9.36M |
|
1009
Avient
AVNT
$4.13B
| $70.4M | 0.01% |
1,518,888
-80,982
| -5% | -$3.89M |
|
1010
Lazard
LAZ
$4.24B
| $70M | 0.01% |
1,527,631
-1,403
| -0.1% | -$65.5K |
|
|
MIME
1011
DELISTED
Mimecast Limited
MIME
| $69.8M | 0.01% |
1,097,225
+71,955
| +7% | +$4.4M |
|
1012
Korn Ferry
KFY
$4.25B
| $69.8M | 0.01% |
964,350
+51,385
| +6% | +$3.58M |
|
1013
Under Armour
UAA
$2.26B
| $69.7M | 0.01% |
3,459,353
+109,532
| +3% | +$2.42M |
|
|
TSE
1014
DELISTED
Trinseo
TSE
| $69.5M | 0.01% |
1,287,060
+653,776
| +103% | +$34M |
|
|
CDK
1015
DELISTED
CDK Global, Inc.
CDK
| $69.4M | 0.01% |
1,630,864
+6,744
| +0.4% | +$304K |
|
1016
HEICO Corp
HEI
$51.8B
| $69M | 0.01% |
523,722
-52,085
| -9% | -$6.86M |
|
1017
Valvoline
VVV
$4.27B
| $68.8M | 0.01% |
2,206,098
-25,487
| -1% | -$791K |
|
|
VG
1018
DELISTED
Vonage Holdings Corporation
VG
| $68.7M | 0.01% |
4,263,335
+158,859
| +4% | +$2.3M |
|
1019
Enovis
ENOV
$1.4B
| $68.7M | 0.01% |
869,324
+43,764
| +5% | +$3.52M |
|
1020
Pegasystems
PEGA
$5.15B
| $68.6M | 0.01% |
1,079,594
+18,874
| +2% | +$1.26M |
|
|
SKX
1021
DELISTED
Skechers
SKX
| $68.4M | 0.01% |
1,623,328
-240
| -0% | -$11.9K |
|
1022
Artisan Partners
APAM
$2.98B
| $68.1M | 0.01% |
1,392,459
+76,485
| +6% | +$3.86M |
|
1023
Bank OZK
OZK
$5.67B
| $68.1M | 0.01% |
1,584,021
-2,541
| -0.2% | -$106K |
|
|
PRFT
1024
DELISTED
Perficient Inc
PRFT
| $67.9M | 0.01% |
587,101
+17,227
| +3% | +$1.77M |
|
1025
Herc Holdings
HRI
$5.64B
| $67.9M | 0.01% |
415,413
-9,634
| -2% | -$1.22M |
|
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.