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 | |
|---|---|---|---|---|---|---|
1176
SM Energy
SM
$7.71B
| $56.6M | 0.01% |
2,143,913
-28,787
| -1% | -$582K |
|
1177
Kodiak Sciences
KOD
$2.72B
| $56.3M | 0.01% |
586,590
+10,327
| +2% | +$954K |
|
1178
3D Systems Corp
DDD
$603M
| $56.3M | 0.01% |
2,041,167
-18,905
| -0.9% | -$560K |
|
1179
Franklin Electric
FELE
$4.75B
| $56.3M | 0.01% |
704,551
-38,825
| -5% | -$3.19M |
|
|
TRTN
1180
DELISTED
Triton International Limited
TRTN
| $56.2M | 0.01% |
1,079,460
-27,545
| -2% | -$1.43M |
|
|
AGNT
1181
AGNT Inc
AGNT
$715M
| $56.1M | 0.01% |
1,411,619
+5,840
| +0.4% | +$250K |
|
1182
Simmons First National
SFNC
$3.45B
| $56.1M | 0.01% |
1,896,751
+5,038
| +0.3% | +$142K |
|
1183
Veracyte
VCYT
$3.59B
| $55.8M | 0.01% |
1,201,223
+11,753
| +1% | +$513K |
|
|
FOCS
1184
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $55.7M | 0.01% |
1,063,168
+186,067
| +21% | +$9.51M |
|
1185
WD-40
WDFC
$3.12B
| $55.6M | 0.01% |
240,145
-424
| -0.2% | -$102K |
|
1186
EPR Properties
EPR
$4.7B
| $55.6M | 0.01% |
1,125,283
-8,579
| -0.8% | -$435K |
|
1187
Teva Pharmaceuticals
TEVA
$42.8B
| $55.5M | 0.01% |
5,721,678
+534,109
| +10% | +$5M |
|
1188
EnerSys
ENS
$6.81B
| $55.4M | 0.01% |
744,876
-31,288
| -4% | -$2.77M |
|
|
COOP
1189
DELISTED
Mr. Cooper
COOP
| $55.3M | 0.01% |
1,343,973
+104,893
| +8% | +$3.95M |
|
1190
Insmed
INSM
$28.9B
| $55.3M | 0.01% |
2,008,497
+109,767
| +6% | +$2.88M |
|
1191
Insight Enterprises
NSIT
$4.54B
| $55.2M | 0.01% |
613,233
-22,204
| -3% | -$2.15M |
|
1192
ABM Industries
ABM
$2.84B
| $55.2M | 0.01% |
1,226,873
+96,144
| +9% | +$4.45M |
|
|
TPTX
1193
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $55.2M | 0.01% |
830,400
+45,344
| +6% | +$3.23M |
|
|
VMEO
1194
DELISTED
Vimeo
VMEO
| $55.1M | 0.01% |
1,875,925
+44,129
| +2% | +$1.74M |
|
1195
New Jersey Resources
NJR
$5.62B
| $55.1M | 0.01% |
1,582,475
-80,717
| -5% | -$3.05M |
|
1196
Flowserve
FLS
$10.3B
| $55.1M | 0.01% |
1,588,132
-8,034
| -0.5% | -$314K |
|
|
SPR
1197
DELISTED
Spirit AeroSystems
SPR
| $55M | 0.01% |
1,244,481
-9,220
| -0.7% | -$386K |
|
1198
ONE Gas
OGS
$5.05B
| $54.8M | 0.01% |
864,439
-33,757
| -4% | -$2.41M |
|
1199
Magna International
MGA
$18.6B
| $54.7M | 0.01% |
731,097
+84,302
| +13% | +$6.94M |
|
1200
Associated Banc-Corp
ASB
$6.07B
| $54.7M | 0.01% |
2,554,737
-137,658
| -5% | -$2.8M |
|
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.