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 | |
|---|---|---|---|---|---|---|
1376
FNB Corp
FNB
$6.86B
| $44.6M | 0.01% |
3,839,060
-23,070
| -0.6% | -$266K |
|
1377
Wheaton Precious Metals
WPM
$61.3B
| $44.6M | 0.01% |
1,185,438
+121,430
| +11% | +$5.3M |
|
|
SAVE
1378
DELISTED
Spirit Airlines, Inc.
SAVE
| $44.6M | 0.01% |
1,718,749
-47,030
| -3% | -$1.23M |
|
1379
Myriad Genetics
MYGN
$309M
| $44.6M | 0.01% |
1,379,716
+15,951
| +1% | +$530K |
|
1380
Independent Bank
INDB
$4.04B
| $44.5M | 0.01% |
584,854
+12,085
| +2% | +$885K |
|
1381
Restaurant Brands International
QSR
$26.1B
| $44.5M | 0.01% |
729,415
+74,134
| +11% | +$4.75M |
|
1382
Stepan Co
SCL
$1.48B
| $44.4M | 0.01% |
393,324
-3,596
| -0.9% | -$418K |
|
|
HSKA
1383
DELISTED
Heska Corp
HSKA
| $44.3M | 0.01% |
171,517
+3,796
| +2% | +$968K |
|
|
ROIC
1384
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $44.2M | 0.01% |
2,539,915
+88,574
| +4% | +$1.56M |
|
1385
Prothena Corp
PRTA
$475M
| $44.2M | 0.01% |
620,173
+56,817
| +10% | +$3.53M |
|
|
SFIX
1386
Stitch Fix
SFIX
$474M
| $44.1M | 0.01% |
1,104,094
+21,328
| +2% | +$997K |
|
1387
Visteon
VC
$2.84B
| $44.1M | 0.01% |
466,972
-22,067
| -5% | -$2.38M |
|
|
CADE
1388
DELISTED
Cadence Bancorporation
CADE
| $44.1M | 0.01% |
2,006,267
-63,687
| -3% | -$1.3M |
|
1389
Iovance Biotherapeutics
IOVA
$3.05B
| $44M | 0.01% |
1,786,012
-43,224
| -2% | -$1.02M |
|
1390
Bloom Energy
BE
$69.9B
| $44M | 0.01% |
2,349,138
+229,015
| +11% | +$4.85M |
|
1391
Independence Realty Trust
IRT
$3.96B
| $43.9M | 0.01% |
2,158,169
+17,615
| +0.8% | +$350K |
|
1392
Rush Enterprises Class A
RUSHA
$9.41B
| $43.7M | 0.01% |
1,452,633
-1,965
| -0.1% | -$58.1K |
|
1393
Avista
AVA
$3.23B
| $43.6M | 0.01% |
1,115,793
-57,822
| -5% | -$2.42M |
|
1394
WSFS Financial
WSFS
$4.15B
| $43.6M | 0.01% |
849,789
+14,058
| +2% | +$632K |
|
1395
Belden
BDC
$5.39B
| $43.5M | 0.01% |
746,521
+1,333
| +0.2% | +$71.4K |
|
1396
TripAdvisor
TRIP
$1.26B
| $43.4M | 0.01% |
1,282,829
+9,895
| +0.8% | +$355K |
|
1397
Boot Barn
BOOT
$4.87B
| $43.4M | 0.01% |
487,847
+13,404
| +3% | +$1.15M |
|
|
FBC
1398
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $43.4M | 0.01% |
853,751
+14,437
| +2% | +$682K |
|
1399
Schrodinger
SDGR
$1.39B
| $43.3M | 0.01% |
792,429
+78,501
| +11% | +$5.02M |
|
1400
Open Text
OTEX
$5.8B
| $43.2M | 0.01% |
883,777
+65,996
| +8% | +$3.44M |
|
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.