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 | |
|---|---|---|---|---|---|---|
1576
Huazhu Hotels Group
HTHT
$12.5B
| $35M | ﹤0.01% |
767,607
+70,073
| +10% | +$3.31M |
|
1577
Kirby Corp
KEX
$7.21B
| $34.9M | ﹤0.01% |
728,381
-1,040
| -0.1% | -$57.7K |
|
1578
Urban Outfitters
URBN
$6.48B
| $34.9M | ﹤0.01% |
1,174,883
-42,500
| -3% | -$1.52M |
|
1579
Coursera
COUR
$1.49B
| $34.9M | ﹤0.01% |
1,101,896
+866,933
| +369% | +$32.6M |
|
|
ANAT
1580
DELISTED
American National Group, Inc. Common Stock
ANAT
| $34.9M | ﹤0.01% |
184,385
+25,441
| +16% | +$4.52M |
|
|
DVAX
1581
DELISTED
Dynavax Technologies
DVAX
| $34.8M | ﹤0.01% |
1,813,310
+46,664
| +3% | +$620K |
|
1582
ChargePoint
CHPT
$163M
| $34.8M | ﹤0.01% |
87,105
-746
| -0.8% | -$347K |
|
1583
AdaptHealth
AHCO
$770M
| $34.8M | ﹤0.01% |
1,493,622
-110,206
| -7% | -$2.66M |
|
1584
Sana Biotechnology
SANA
$1.1B
| $34.7M | ﹤0.01% |
1,541,632
+991,384
| +180% | +$20.8M |
|
|
EVRI
1585
DELISTED
Everi Holdings
EVRI
| $34.6M | ﹤0.01% |
1,430,747
-45,177
| -3% | -$1.03M |
|
1586
Coca-Cola Consolidated
COKE
$12.7B
| $34.5M | ﹤0.01% |
874,650
-5,330
| -0.6% | -$212K |
|
1587
Zai Lab
ZLAB
$2.91B
| $34.4M | ﹤0.01% |
328,575
+37,048
| +13% | +$5.32M |
|
1588
PennyMac Financial
PFSI
$4.12B
| $34.4M | ﹤0.01% |
561,923
-78,901
| -12% | -$5.01M |
|
|
ALEX
1589
DELISTED
Alexander & Baldwin
ALEX
| $34.3M | ﹤0.01% |
1,463,410
+16,677
| +1% | +$342K |
|
|
FMBI
1590
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $34.3M | ﹤0.01% |
1,802,887
-129,364
| -7% | -$2.38M |
|
1591
Leslie's
LESL
$7.05M
| $34.2M | ﹤0.01% |
83,236
+20,588
| +33% | +$9.86M |
|
|
MDRX
1592
DELISTED
Veradigm Inc. Common Stock
MDRX
| $34.2M | ﹤0.01% |
2,556,141
-311,967
| -11% | -$5.04M |
|
|
VISN
1593
Vistance Networks Inc
VISN
$2.71B
| $34.2M | ﹤0.01% |
2,513,887
-23,278
| -0.9% | -$400K |
|
1594
Cactus
WHD
$5.82B
| $34.1M | ﹤0.01% |
903,863
+11,304
| +1% | +$408K |
|
|
HTLF
1595
DELISTED
Heartland Financial USA, Inc.
HTLF
| $34M | ﹤0.01% |
707,644
-7,264
| -1% | -$337K |
|
1596
CorVel
CRVL
$3.17B
| $34M | ﹤0.01% |
547,419
-79,830
| -13% | -$4.16M |
|
1597
Seacoast Banking Corp of Florida
SBCF
$3.47B
| $33.9M | ﹤0.01% |
1,003,878
+36,257
| +4% | +$1.15M |
|
|
VBTX
1598
DELISTED
Veritex Holdings
VBTX
| $33.9M | ﹤0.01% |
862,106
+13,278
| +2% | +$462K |
|
1599
Cinemark Holdings
CNK
$4.35B
| $33.9M | ﹤0.01% |
1,764,642
-22,674
| -1% | -$385K |
|
1600
Blue Owl Capital
OWL
$19.1B
| $33.9M | ﹤0.01% |
+2,176,904
| New | +$30.2M |
|
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.