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 | |
|---|---|---|---|---|---|---|
|
MNTV
1401
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $43.2M | 0.01% |
2,202,531
+46,319
| +2% | +$941K |
|
1402
Health Catalyst
HCAT
$135M
| $43.1M | 0.01% |
860,895
+191,007
| +29% | +$10.4M |
|
1403
Magnolia Oil & Gas
MGY
$6.25B
| $43.1M | 0.01% |
2,420,041
+20,329
| +0.8% | +$307K |
|
1404
Plexus
PLXS
$7.25B
| $42.9M | 0.01% |
480,288
-12,003
| -2% | -$1.07M |
|
1405
Comfort Systems
FIX
$61.2B
| $42.9M | 0.01% |
600,853
+601
| +0.1% | +$44.8K |
|
1406
Zentalis Pharmaceuticals
ZNTL
$307M
| $42.8M | 0.01% |
642,654
+198,889
| +45% | +$11.5M |
|
|
DCT
1407
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $42.8M | 0.01% |
967,357
+348,908
| +56% | +$15.8M |
|
1408
Celldex Therapeutics
CLDX
$3.52B
| $42.8M | 0.01% |
792,507
+119,559
| +18% | +$5.61M |
|
1409
Skywest
SKYW
$4.16B
| $42.7M | 0.01% |
864,607
-33,835
| -4% | -$1.47M |
|
1410
International Bancshares
IBOC
$4.52B
| $42.6M | 0.01% |
1,023,607
-71,402
| -7% | -$2.91M |
|
1411
Progress Software
PRGS
$1.79B
| $42.6M | 0.01% |
865,579
-558
| -0.1% | -$25.7K |
|
|
FOLD
1412
DELISTED
Amicus Therapeutics
FOLD
| $42.5M | 0.01% |
4,450,822
-195,109
| -4% | -$2M |
|
1413
Sanmina
SANM
$11.2B
| $42.5M | 0.01% |
1,101,919
-39,439
| -3% | -$1.51M |
|
1414
Cannae Holdings
CNNE
$651M
| $42.5M | 0.01% |
1,364,587
-146,111
| -10% | -$4.7M |
|
1415
Otter Tail
OTTR
$3.87B
| $42.4M | 0.01% |
757,735
-1,615
| -0.2% | -$85.6K |
|
1416
Nektar Therapeutics
NKTR
$2.57B
| $42.4M | 0.01% |
157,388
-1,887
| -1% | -$454K |
|
1417
Installed Building Products
IBP
$6.46B
| $42.3M | 0.01% |
394,917
+4,574
| +1% | +$545K |
|
1418
8x8 Inc
EGHT
$290M
| $42.2M | 0.01% |
1,804,666
+46,194
| +3% | +$1.16M |
|
1419
AXIS Capital
AXS
$7.26B
| $42.1M | 0.01% |
915,275
-38,487
| -4% | -$1.91M |
|
1420
Urban Edge Properties
UE
$2.75B
| $42.1M | 0.01% |
2,301,052
+28,963
| +1% | +$540K |
|
|
MODV
1421
DELISTED
ModivCare
MODV
| $42M | 0.01% |
231,421
+778
| +0.3% | +$139K |
|
1422
Boise Cascade
BCC
$2.94B
| $42M | 0.01% |
777,794
+6,743
| +0.9% | +$367K |
|
1423
WaFd
WAFD
$2.79B
| $41.9M | 0.01% |
1,221,644
-110,828
| -8% | -$3.61M |
|
|
CLR
1424
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $41.8M | 0.01% |
905,270
+129,118
| +17% | +$4.87M |
|
1425
Shift4
FOUR
$3.47B
| $41.7M | 0.01% |
537,636
+66,556
| +14% | +$5.74M |
|
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.