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 | |
|---|---|---|---|---|---|---|
1101
Under Armour Class C
UA
$2.2B
| $61.6M | 0.01% |
3,519,193
+223,651
| +7% | +$4.28M |
|
1102
NOV
NOV
$7.45B
| $61.4M | 0.01% |
4,685,675
-2,130,713
| -31% | -$28.8M |
|
1103
Home BancShares
HOMB
$6.23B
| $61.4M | 0.01% |
2,608,678
-88,155
| -3% | -$1.96M |
|
1104
Fabrinet
FN
$20.5B
| $61.1M | 0.01% |
596,214
-10,865
| -2% | -$1.06M |
|
|
UMPQ
1105
DELISTED
Umpqua Holdings Corp
UMPQ
| $61.1M | 0.01% |
3,012,456
-423,812
| -12% | -$8.12M |
|
|
SWN
1106
DELISTED
Southwestern Energy Company
SWN
| $61M | 0.01% |
11,005,300
+87,525
| +0.8% | +$427K |
|
1107
Kinsale Capital Group
KNSL
$8.51B
| $60.9M | 0.01% |
376,747
-5,581
| -1% | -$968K |
|
1108
Option Care Health
OPCH
$3.57B
| $60.9M | 0.01% |
2,510,820
+630,670
| +34% | +$14.6M |
|
1109
CONMED
CNMD
$1.48B
| $60.9M | 0.01% |
465,285
-8,349
| -2% | -$1.09M |
|
|
HPP
1110
Hudson Pacific Properties
HPP
$777M
| $60.6M | 0.01% |
329,802
+10,748
| +3% | +$2.03M |
|
1111
FirstCash
FCFS
$9.28B
| $60.6M | 0.01% |
692,576
-25,196
| -4% | -$2.08M |
|
1112
BWX Technologies
BWXT
$15.8B
| $60.6M | 0.01% |
1,124,591
-3,702
| -0.3% | -$209K |
|
1113
Fortis
FTS
$28.7B
| $60.5M | 0.01% |
1,347,639
+135,348
| +11% | +$6.13M |
|
|
EQC
1114
DELISTED
Equity Commonwealth
EQC
| $60.5M | 0.01% |
2,328,342
-106,207
| -4% | -$2.79M |
|
|
OSH
1115
DELISTED
Oak Street Health, Inc.
OSH
| $60.5M | 0.01% |
1,423,840
+1,131,553
| +387% | +$60.8M |
|
1116
Hexcel
HXL
$7.74B
| $60.5M | 0.01% |
1,017,991
-4,824
| -0.5% | -$278K |
|
1117
ICU Medical
ICUI
$4.48B
| $60.4M | 0.01% |
258,833
+1,114
| +0.4% | +$234K |
|
1118
Ashland
ASH
$3.42B
| $60.3M | 0.01% |
676,435
+9,068
| +1% | +$796K |
|
1119
Viavi Solutions
VIAV
$10.6B
| $60.3M | 0.01% |
3,828,509
-111,270
| -3% | -$1.82M |
|
1120
DigitalBridge
DBRG
$2.95B
| $60.3M | 0.01% |
2,498,067
+28,414
| +1% | +$784K |
|
1121
MasTec
MTZ
$22.6B
| $60.1M | 0.01% |
697,009
+11,551
| +2% | +$1.1M |
|
1122
Unifirst Corp
UNF
$5.24B
| $60.1M | 0.01% |
282,783
-189
| -0.1% | -$41.6K |
|
1123
FTI Consulting
FCN
$4.22B
| $60.1M | 0.01% |
446,343
+31,100
| +7% | +$4.32M |
|
|
LTHM
1124
DELISTED
Livent Corporation
LTHM
| $60.1M | 0.01% |
2,600,000
+101,819
| +4% | +$2.28M |
|
|
ARNC
1125
DELISTED
Arconic Corporation
ARNC
| $60.1M | 0.01% |
1,904,015
+148,623
| +8% | +$5.07M |
|
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.