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 | |
|---|---|---|---|---|---|---|
|
SASR
1501
DELISTED
Sandy Spring Bancorp Inc
SASR
| $38M | 0.01% |
830,111
+2,682
| +0.3% | +$115K |
|
1502
World Kinect Corp
WKC
$1.89B
| $38M | 0.01% |
1,130,754
+38,365
| +4% | +$1.23M |
|
1503
Liberty Latin America Class C
LILAK
$1.67B
| $37.8M | 0.01% |
3,172,327
-113,144
| -3% | -$1.41M |
|
|
AGR
1504
DELISTED
Avangrid, Inc.
AGR
| $37.8M | 0.01% |
778,520
-19,906
| -2% | -$1.05M |
|
1505
SPX Corp
SPXC
$10.9B
| $37.8M | 0.01% |
707,709
-24,447
| -3% | -$1.5M |
|
1506
Cavco Industries
CVCO
$4.56B
| $37.8M | 0.01% |
159,724
-5,587
| -3% | -$1.34M |
|
1507
Innospec
IOSP
$2.31B
| $37.8M | 0.01% |
448,952
+13,713
| +3% | +$1.22M |
|
|
ACH
1508
Accendra Health
ACH
$89.2M
| $37.7M | 0.01% |
1,206,148
-64,492
| -5% | -$2.54M |
|
1509
Madison Square Garden
MSGS
$10.5B
| $37.7M | 0.01% |
202,834
-2,260
| -1% | -$387K |
|
1510
Penske Automotive Group
PAG
$14.4B
| $37.7M | 0.01% |
374,825
+5,466
| +1% | +$480K |
|
1511
Forward Air
FWRD
$688M
| $37.6M | 0.01% |
452,760
-17,223
| -4% | -$1.51M |
|
|
IRBT
1512
DELISTED
iRobot
IRBT
| $37.6M | 0.01% |
478,755
-11,312
| -2% | -$964K |
|
|
SJR
1513
DELISTED
Shaw Communications Inc.
SJR
| $37.6M | 0.01% |
1,263,660
+96,907
| +8% | +$2.81M |
|
|
MANT
1514
DELISTED
Mantech International Corp
MANT
| $37.6M | 0.01% |
494,840
+901
| +0.2% | +$73.7K |
|
1515
Cheesecake Factory
CAKE
$5.81B
| $37.5M | 0.01% |
798,567
+35,931
| +5% | +$1.69M |
|
|
SNBR
1516
DELISTED
Sleep Number
SNBR
| $37.5M | 0.01% |
401,153
-67,061
| -14% | -$6.65M |
|
1517
NewMarket
NEU
$8.67B
| $37.4M | 0.01% |
110,365
-812
| -0.7% | -$266K |
|
1518
SkinHealth Systems
SKIN
$83.9M
| $37.3M | 0.01% |
1,437,995
+323,854
| +29% | +$7.12M |
|
|
WLL
1519
DELISTED
Whiting Petroleum Corporation
WLL
| $37.3M | 0.01% |
637,937
+4,270
| +0.7% | +$211K |
|
1520
Hilltop Holdings
HTH
$2.27B
| $37.3M | 0.01% |
1,140,489
-107,285
| -9% | -$3.56M |
|
|
MGLN
1521
DELISTED
Magellan Health Services, Inc.
MGLN
| $37.2M | 0.01% |
393,967
-4,314
| -1% | -$408K |
|
1522
BOK Financial
BOKF
$8.85B
| $37.2M | 0.01% |
415,505
-7,509
| -2% | -$643K |
|
1523
First Merchants
FRME
$2.73B
| $37.2M | 0.01% |
888,714
-70,427
| -7% | -$2.86M |
|
1524
FuelCell Energy
FCEL
$1.75B
| $37.1M | 0.01% |
184,991
-4,163
| -2% | -$827K |
|
|
CYBR
1525
DELISTED
CyberArk
CYBR
| $37.1M | 0.01% |
235,652
+21,417
| +10% | +$3.26M |
|
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.