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 | |
|---|---|---|---|---|---|---|
1201
SITE Centers
SITC
$156M
| $54.7M | 0.01% |
4,541,786
+243,005
| +6% | +$2.95M |
|
1202
Steven Madden
SHOO
$3.49B
| $54.7M | 0.01% |
1,361,970
-268
| -0% | -$11.1K |
|
|
ALTR
1203
DELISTED
Altair Engineering Inc
ALTR
| $54.7M | 0.01% |
793,377
+10,141
| +1% | +$724K |
|
1204
Blackbaud
BLKB
$2.03B
| $54.5M | 0.01% |
774,363
-63,871
| -8% | -$4.49M |
|
1205
MACOM Technology Solutions
MTSI
$23.7B
| $54.3M | 0.01% |
836,924
+9,001
| +1% | +$553K |
|
1206
Walker & Dunlop
WD
$1.45B
| $54.1M | 0.01% |
476,866
-54,237
| -10% | -$5.68M |
|
1207
News Corp Class B
NWS
$17.7B
| $54.1M | 0.01% |
2,330,709
+63,177
| +3% | +$1.44M |
|
1208
American States Water
AWR
$3.49B
| $54M | 0.01% |
631,338
+8,849
| +1% | +$778K |
|
1209
Cogent Communications
CCOI
$525M
| $54M | 0.01% |
761,587
-5,607
| -0.7% | -$417K |
|
1210
ASML
ASML
$695B
| $53.9M | 0.01% |
72,368
+36
| +0% | +$28.3K |
|
1211
Armstrong World Industries
AWI
$7.75B
| $53.9M | 0.01% |
564,393
-1,665
| -0.3% | -$174K |
|
|
OPTU
1212
Optimum Communications Inc
OPTU
$227M
| $53.8M | 0.01% |
2,600,477
-62,829
| -2% | -$1.83M |
|
1213
LCI Industries
LCII
$2.6B
| $53.7M | 0.01% |
398,923
-9,253
| -2% | -$1.28M |
|
1214
H.B. Fuller
FUL
$3.24B
| $53.6M | 0.01% |
830,876
-29,399
| -3% | -$1.9M |
|
1215
Red Rock Resorts
RRR
$3.73B
| $53.4M | 0.01% |
1,042,582
-77,452
| -7% | -$3.38M |
|
1216
Howard Hughes
HHH
$3.98B
| $53.4M | 0.01% |
637,621
-95,747
| -13% | -$8.27M |
|
1217
California Resources
CRC
$4.75B
| $53.2M | 0.01% |
1,298,559
+638,490
| +97% | +$20.9M |
|
|
NUVA
1218
DELISTED
NuVasive, Inc.
NUVA
| $53.1M | 0.01% |
887,527
-11,139
| -1% | -$687K |
|
1219
Champion Homes
SKY
$5.1B
| $52.8M | 0.01% |
878,471
+16,063
| +2% | +$951K |
|
|
CALY
1220
Callaway Golf Company
CALY
$2.95B
| $52.7M | 0.01% |
1,909,114
-27,450
| -1% | -$835K |
|
1221
Shutterstock
SSTK
$208M
| $52.7M | 0.01% |
465,439
+33,433
| +8% | +$3.61M |
|
1222
LGI Homes
LGIH
$1.32B
| $52.7M | 0.01% |
371,217
-11,166
| -3% | -$1.76M |
|
1223
Virgin Galactic
SPCE
$500M
| $52.7M | 0.01% |
104,061
+24,389
| +31% | +$14.5M |
|
|
RPAI
1224
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $52.6M | 0.01% |
4,086,992
-130,626
| -3% | -$1.63M |
|
|
INOV
1225
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $52.6M | 0.01% |
1,306,520
-75,692
| -5% | -$2.86M |
|
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.