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 | |
|---|---|---|---|---|---|---|
|
FSR
1551
DELISTED
Fisker Inc.
FSR
| $36M | ﹤0.01% |
2,457,778
-86,514
| -3% | -$1.3M |
|
|
THS
1552
DELISTED
Treehouse Foods
THS
| $36M | ﹤0.01% |
902,489
-14,432
| -2% | -$590K |
|
1553
Sotera Health
SHC
$5.43B
| $35.9M | ﹤0.01% |
1,374,686
+319,929
| +30% | +$7.74M |
|
1554
Kite Realty
KRG
$5.3B
| $35.9M | ﹤0.01% |
1,764,405
+7,727
| +0.4% | +$157K |
|
1555
InterDigital
IDCC
$8.96B
| $35.9M | ﹤0.01% |
528,941
-5,307
| -1% | -$368K |
|
|
SAFE
1556
Safehold
SAFE
$1.1B
| $35.9M | ﹤0.01% |
293,691
-3,909
| -1% | -$471K |
|
|
WIRE
1557
DELISTED
Encore Wire Corp
WIRE
| $35.8M | ﹤0.01% |
377,674
-55,036
| -13% | -$4.52M |
|
1558
Riot Platforms
RIOT
$7.62B
| $35.8M | ﹤0.01% |
1,392,514
-32,861
| -2% | -$1.06M |
|
1559
Live Oak Bancshares
LOB
$2B
| $35.7M | ﹤0.01% |
561,025
-4,845
| -0.9% | -$287K |
|
|
RAVN
1560
DELISTED
Raven Industries Inc
RAVN
| $35.7M | ﹤0.01% |
619,557
-1,673
| -0.3% | -$96.9K |
|
1561
PRA Group
PRAA
$774M
| $35.6M | ﹤0.01% |
844,245
+53,431
| +7% | +$2.13M |
|
1562
Corcept Therapeutics
CORT
$12B
| $35.5M | ﹤0.01% |
1,805,405
-3,905
| -0.2% | -$81.7K |
|
1563
NMI Holdings
NMIH
$3.39B
| $35.5M | ﹤0.01% |
1,570,658
+1,392
| +0.1% | +$30.6K |
|
|
JWN
1564
DELISTED
Nordstrom
JWN
| $35.5M | ﹤0.01% |
1,341,231
+38,119
| +3% | +$1.22M |
|
1565
ATI
ATI
$31.1B
| $35.4M | ﹤0.01% |
2,129,087
+23,250
| +1% | +$440K |
|
|
ILPT
1566
Industrial Logistics Properties Trust
ILPT
$613M
| $35.3M | ﹤0.01% |
1,390,870
+10,702
| +0.8% | +$286K |
|
1567
Global Net Lease
GNL
$1.9B
| $35.3M | ﹤0.01% |
2,206,065
+258,690
| +13% | +$4.54M |
|
1568
Chesapeake Utilities
CPK
$3.29B
| $35.3M | ﹤0.01% |
294,062
-1,332
| -0.5% | -$167K |
|
1569
Kymera Therapeutics
KYMR
$9.45B
| $35.2M | ﹤0.01% |
599,870
+258,328
| +76% | +$15M |
|
|
GMS
1570
DELISTED
GMS Inc
GMS
| $35.2M | ﹤0.01% |
803,993
+19,902
| +3% | +$952K |
|
1571
Shoals Technologies Group
SHLS
$1.41B
| $35.2M | ﹤0.01% |
1,262,148
+217,356
| +21% | +$6.75M |
|
1572
Acadia Realty Trust
AKR
$2.86B
| $35.1M | ﹤0.01% |
1,721,409
+54,082
| +3% | +$1.14M |
|
1573
NETSCOUT
NTCT
$2.89B
| $35.1M | ﹤0.01% |
1,302,226
+35,894
| +3% | +$995K |
|
|
MNR
1574
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $35.1M | ﹤0.01% |
1,881,428
-17,194
| -0.9% | -$326K |
|
1575
Verra Mobility
VRRM
$717M
| $35M | ﹤0.01% |
2,320,592
-6,405
| -0.3% | -$97.8K |
|
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.