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 | |
|---|---|---|---|---|---|---|
1051
Commault Systems
CVLT
$5.87B
| $65.2M | 0.01% |
865,631
+1,988
| +0.2% | +$154K |
|
1052
APi Group
APG
$18.8B
| $65.1M | 0.01% |
4,795,976
+653,522
| +16% | +$9.47M |
|
1053
Rithm Capital
RITM
$5.71B
| $65M | 0.01% |
5,910,474
-35,613
| -0.6% | -$366K |
|
1054
Integra LifeSciences
IART
$1.35B
| $65M | 0.01% |
949,216
+5,609
| +0.6% | +$396K |
|
|
LPRO
1055
DELISTED
Open Lending Corp
LPRO
| $64.8M | 0.01% |
1,797,739
+50,792
| +3% | +$1.94M |
|
1056
Hanover Insurance
THG
$7.73B
| $64.8M | 0.01% |
499,618
-51,662
| -9% | -$7.04M |
|
|
TMX
1057
DELISTED
Terminix Global Holdings, Inc.
TMX
| $64.7M | 0.01% |
1,552,761
-44,848
| -3% | -$2.06M |
|
1058
Sensient Technologies
SXT
$5.55B
| $64.7M | 0.01% |
709,988
-5,577
| -0.8% | -$488K |
|
1059
Insperity
NSP
$1.92B
| $64.6M | 0.01% |
583,488
-15,306
| -3% | -$1.57M |
|
1060
Essential Properties Realty Trust
EPRT
$6.62B
| $64.6M | 0.01% |
2,313,125
-34,472
| -1% | -$1.03M |
|
1061
LivePerson
LPSN
$33.9M
| $64.5M | 0.01% |
73,000
-192
| -0.3% | -$181K |
|
1062
Commercial Metals
CMC
$8B
| $64.3M | 0.01% |
2,112,624
-42,776
| -2% | -$1.36M |
|
1063
Mine Safety
MSA
$7.42B
| $64.3M | 0.01% |
441,518
-1,100
| -0.2% | -$175K |
|
1064
MGIC Investment
MTG
$6.29B
| $64.3M | 0.01% |
4,299,726
-222,141
| -5% | -$3.22M |
|
|
SFBS
1065
ServisFirst Bancshares
SFBS
$4.95B
| $64.3M | 0.01% |
826,185
+27,234
| +3% | +$1.95M |
|
1066
American Eagle Outfitters
AEO
$2.72B
| $64.3M | 0.01% |
2,491,180
-1,917
| -0.1% | -$60.9K |
|
1067
Adient
ADNT
$1.44B
| $64.2M | 0.01% |
1,549,050
-90,625
| -6% | -$3.61M |
|
1068
NCR Voyix
VYX
$1.13B
| $64.2M | 0.01% |
2,700,206
+16,527
| +0.6% | +$430K |
|
1069
Travel + Leisure Co
TNL
$4.58B
| $64.1M | 0.01% |
1,175,731
-325,113
| -22% | -$17.8M |
|
1070
Casella Waste Systems
CWST
$5.76B
| $64.1M | 0.01% |
843,993
+10,656
| +1% | +$751K |
|
|
SAIL
1071
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $64M | 0.01% |
1,492,161
-16,680
| -1% | -$792K |
|
1072
Asbury Automotive
ABG
$3.76B
| $63.9M | 0.01% |
324,863
-3,511
| -1% | -$662K |
|
1073
Eastern Bankshares
EBC
$5.34B
| $63.9M | 0.01% |
3,145,781
-103,827
| -3% | -$1.99M |
|
|
AIMC
1074
DELISTED
Altra Industrial Motion Corp
AIMC
| $63.8M | 0.01% |
1,152,990
+16,003
| +1% | +$955K |
|
1075
Graphic Packaging
GPK
$3.46B
| $63.8M | 0.01% |
3,350,163
-986,769
| -23% | -$18.8M |
|
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.