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 | |
|---|---|---|---|---|---|---|
1126
Resideo Technologies
REZI
$3.89B
| $59.8M | 0.01% |
2,413,445
-33,242
| -1% | -$967K |
|
1127
Werner Enterprises
WERN
$2.27B
| $59.8M | 0.01% |
1,350,960
+36,399
| +3% | +$1.67M |
|
1128
Applied Industrial Technologies
AIT
$13B
| $59.7M | 0.01% |
662,586
-19,671
| -3% | -$1.73M |
|
1129
Valmont Industries
VMI
$9.52B
| $59.7M | 0.01% |
253,978
-3,082
| -1% | -$733K |
|
|
CSOD
1130
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $59.6M | 0.01% |
1,041,043
-71,268
| -6% | -$3.87M |
|
1131
Li Auto
LI
$12.2B
| $59.6M | 0.01% |
2,283,348
+417,779
| +22% | +$12.6M |
|
1132
Ionis Pharmaceuticals
IONS
$9.39B
| $59.5M | 0.01% |
1,772,767
+10,227
| +0.6% | +$385K |
|
1133
Ameris Bancorp
ABCB
$5.94B
| $59.4M | 0.01% |
1,145,601
-71,066
| -6% | -$3.46M |
|
1134
Community Bank
CBU
$3.43B
| $59.4M | 0.01% |
868,143
-75,684
| -8% | -$5.43M |
|
|
CLDR
1135
DELISTED
Cloudera, Inc.
CLDR
| $59.4M | 0.01% |
3,717,880
-20,669
| -0.6% | -$328K |
|
1136
Webster Financial
WBS
$12.8B
| $59.4M | 0.01% |
1,089,916
-26,912
| -2% | -$1.34M |
|
1137
Pebblebrook Hotel Trust
PEB
$2.04B
| $59.1M | 0.01% |
2,636,001
+19,047
| +0.7% | +$422K |
|
|
PINC
1138
DELISTED
Premier
PINC
| $59M | 0.01% |
1,521,980
+412,569
| +37% | +$15.2M |
|
1139
Mercury Systems
MRCY
$6.7B
| $58.8M | 0.01% |
1,240,368
+499,724
| +67% | +$27.8M |
|
1140
Wintrust Financial
WTFC
$11B
| $58.7M | 0.01% |
730,500
-70,380
| -9% | -$5.2M |
|
|
MZTI
1141
The Marzetti Company
MZTI
$3.18B
| $58.7M | 0.01% |
347,733
-1,701
| -0.5% | -$315K |
|
1142
Haemonetics
HAE
$4.16B
| $58.7M | 0.01% |
830,959
-26,632
| -3% | -$1.68M |
|
1143
Cathay General Bancorp
CATY
$4.3B
| $58.6M | 0.01% |
1,415,068
-34,361
| -2% | -$1.34M |
|
|
CIM
1144
Chimera Investment
CIM
$991M
| $58.6M | 0.01% |
1,314,627
+56,058
| +4% | +$2.52M |
|
1145
H&R Block
HRB
$6.87B
| $58.3M | 0.01% |
2,331,191
+34,400
| +1% | +$857K |
|
1146
MaxLinear
MXL
$6.74B
| $58.3M | 0.01% |
1,183,256
+48,965
| +4% | +$2.37M |
|
1147
Matsons
MATX
$6.41B
| $58.2M | 0.01% |
721,165
-3,201
| -0.4% | -$237K |
|
1148
Boston Beer
SAM
$1.89B
| $58.1M | 0.01% |
114,234
-619
| -0.5% | -$421K |
|
1149
Autoliv
ALV
$8.85B
| $58.1M | 0.01% |
679,362
-12,552
| -2% | -$1.16M |
|
1150
CareDx
CDNA
$2.45B
| $58M | 0.01% |
916,026
+20,618
| +2% | +$1.57M |
|
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.