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 | |
|---|---|---|---|---|---|---|
1451
WesBanco
WSBC
$4.07B
| $40.2M | 0.01% |
1,180,798
-18,352
| -2% | -$608K |
|
1452
iShares MSCI India ETF
INDA
$6.58B
| – | – |
0
| – | – |
|
1453
Wolverine World Wide
WWW
$1.48B
| $40.2M | 0.01% |
1,347,746
+14,756
| +1% | +$504K |
|
|
VSTO
1454
DELISTED
Vista Outdoor Inc.
VSTO
| $40.1M | 0.01% |
995,141
-133,634
| -12% | -$5.51M |
|
|
AEL
1455
DELISTED
American Equity Investment Life Holding Company
AEL
| $39.9M | 0.01% |
1,350,703
-75,273
| -5% | -$2.35M |
|
1456
Revolve Group
RVLV
$1.69B
| $39.9M | 0.01% |
646,431
+52,540
| +9% | +$3.42M |
|
|
HOUS
1457
DELISTED
Anywhere Real Estate
HOUS
| $39.9M | 0.01% |
2,272,472
+20,913
| +0.9% | +$369K |
|
1458
Gibraltar Industries
ROCK
$1.46B
| $39.8M | 0.01% |
571,744
-15,101
| -3% | -$1.09M |
|
|
FLNA
1459
Filana Therapeutics
FLNA
$45.1M
| $39.6M | 0.01% |
638,473
+6,292
| +1% | +$525K |
|
1460
Mueller Industries
MLI
$15.1B
| $39.6M | 0.01% |
3,852,288
-184,956
| -5% | -$1.98M |
|
|
NKLA
1461
DELISTED
Nikola Corporation Common Stock
NKLA
| $39.6M | 0.01% |
123,610
+20,337
| +20% | +$7.12M |
|
|
ONEM
1462
DELISTED
1Life Healthcare
ONEM
| $39.6M | 0.01% |
1,953,810
+287,430
| +17% | +$7.39M |
|
1463
Bloomin' Brands
BLMN
$975M
| $39.5M | 0.01% |
1,580,349
+15,100
| +1% | +$391K |
|
1464
Diamondrock Hospitality Co
DRH
$2.5B
| $39.5M | 0.01% |
4,178,025
-11,709
| -0.3% | -$105K |
|
1465
Arcosa
ACA
$7.12B
| $39.5M | 0.01% |
786,504
-16,026
| -2% | -$830K |
|
1466
Albany International
AIN
$1.81B
| $39.5M | 0.01% |
513,217
-3,394
| -0.7% | -$273K |
|
1467
Graham Holdings Company
GHC
$5.03B
| $39.4M | 0.01% |
66,842
-4,223
| -6% | -$2.63M |
|
1468
Medifast
MED
$130M
| $39.4M | 0.01% |
204,293
-17,337
| -8% | -$4.26M |
|
1469
Virtus Investment Partners
VRTS
$1.12B
| $39.3M | 0.01% |
126,498
-271
| -0.2% | -$80.5K |
|
|
TWNK
1470
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $39.2M | 0.01% |
2,257,845
+21,929
| +1% | +$355K |
|
|
APLS
1471
DELISTED
Apellis Pharmaceuticals
APLS
| $39.2M | 0.01% |
1,188,392
+70,257
| +6% | +$3.95M |
|
1472
Bank of Hawaii
BOH
$3.13B
| $39.1M | 0.01% |
476,262
-11,980
| -2% | -$993K |
|
1473
Vericel Corp
VCEL
$2.29B
| $39.1M | 0.01% |
800,866
+3,058
| +0.4% | +$158K |
|
1474
Warner Music
WMG
$13B
| $39M | 0.01% |
913,640
+5,533
| +0.6% | +$210K |
|
1475
White Mountains Insurance
WTM
$5.06B
| $39M | 0.01% |
36,478
-648
| -2% | -$724K |
|
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.