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 | |
|---|---|---|---|---|---|---|
|
MNDT
1026
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $67.9M | 0.01% |
3,814,531
-428,779
| -10% | -$8.13M |
|
1027
Hilton Grand Vacations
HGV
$3.47B
| $67.8M | 0.01% |
1,426,205
+18,213
| +1% | +$771K |
|
1028
Park Hotels & Resorts
PK
$2.97B
| $67.8M | 0.01% |
3,542,892
-33,702
| -0.9% | -$636K |
|
1029
Sonos
SONO
$1.88B
| $67.4M | 0.01% |
2,084,285
+202,301
| +11% | +$7.29M |
|
|
SAFM
1030
DELISTED
Sanderson Farms Inc
SAFM
| $67.4M | 0.01% |
358,326
+9,387
| +3% | +$1.77M |
|
1031
Murphy USA
MUSA
$10B
| $67.4M | 0.01% |
402,921
-23,894
| -6% | -$3.6M |
|
1032
HF Sinclair
DINO
$15.6B
| $67.4M | 0.01% |
2,034,013
-64,018
| -3% | -$1.95M |
|
1033
Southwest Gas
SWX
$6.67B
| $67.2M | 0.01% |
1,004,831
+33,287
| +3% | +$2.32M |
|
1034
RLI Corp
RLI
$5.79B
| $67.1M | 0.01% |
1,339,072
-89,598
| -6% | -$4.77M |
|
1035
TriNet
TNET
$3.06B
| $67M | 0.01% |
708,024
-18,218
| -3% | -$1.56M |
|
1036
Zillow
ZG
$7.49B
| $66.8M | 0.01% |
755,546
+25,640
| +4% | +$2.62M |
|
1037
The Ensign Group
ENSG
$10.6B
| $66.8M | 0.01% |
891,445
-1,107
| -0.1% | -$91.5K |
|
1038
Apple Hospitality REIT
APLE
$3.7B
| $66.7M | 0.01% |
4,240,557
-363,133
| -8% | -$5.44M |
|
1039
LXP Industrial Trust
LXP
$3.58B
| $66.7M | 0.01% |
1,046,236
-19,905
| -2% | -$1.3M |
|
|
PPBI
1040
DELISTED
Pacific Premier Bancorp
PPBI
| $66.6M | 0.01% |
1,606,383
-50,366
| -3% | -$1.97M |
|
1041
Interactive Brokers
IBKR
$41.7B
| $66.5M | 0.01% |
4,269,448
+162,560
| +4% | +$2.56M |
|
|
CHNG
1042
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $66.5M | 0.01% |
3,175,240
+137,336
| +5% | +$3M |
|
1043
Sabra Healthcare REIT
SBRA
$5.13B
| $66.3M | 0.01% |
4,502,901
+62,503
| +1% | +$1.06M |
|
1044
Broadstone Net Lease
BNL
$4.29B
| $65.7M | 0.01% |
2,648,732
+139,197
| +6% | +$3.6M |
|
1045
Upbound Group
UPBD
$1.11B
| $65.7M | 0.01% |
1,168,709
-12,420
| -1% | -$731K |
|
1046
Maravai LifeSciences
MRVI
$869M
| $65.5M | 0.01% |
1,335,377
+214,221
| +19% | +$10.4M |
|
1047
Franco-Nevada
FNV
$45.6B
| $65.4M | 0.01% |
504,349
+54,343
| +12% | +$7.96M |
|
|
NVRO
1048
DELISTED
NEVRO CORP.
NVRO
| $65.4M | 0.01% |
561,901
-20,695
| -4% | -$2.71M |
|
1049
Macerich
MAC
$6.94B
| $65.3M | 0.01% |
3,909,440
+497,849
| +15% | +$8.45M |
|
1050
Black Hills Corp
BKH
$5.61B
| $65.2M | 0.01% |
1,039,453
-33,729
| -3% | -$2.3M |
|
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.