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 | |
|---|---|---|---|---|---|---|
|
PR
1826
Permian Resources
PR
$17.7B
| $24M | ﹤0.01% |
3,579,330
+202,442
| +6% | +$1.1M |
|
1827
Interparfums
IPAR
$3.7B
| $23.9M | ﹤0.01% |
320,283
-354
| -0.1% | -$25.9K |
|
1828
Primoris Services
PRIM
$4.35B
| $23.9M | ﹤0.01% |
977,607
+28,522
| +3% | +$766K |
|
|
BIG
1829
DELISTED
Big Lots, Inc.
BIG
| $23.9M | ﹤0.01% |
552,143
-7,999
| -1% | -$436K |
|
1830
Northwest Natural Holdings
NWN
$2.14B
| $23.9M | ﹤0.01% |
520,441
+4,528
| +0.9% | +$231K |
|
1831
Agilysys
AGYS
$3.25B
| $23.9M | ﹤0.01% |
457,074
+6,845
| +2% | +$374K |
|
1832
Surgery Partners
SGRY
$1.99B
| $23.9M | ﹤0.01% |
565,251
+13,176
| +2% | +$672K |
|
1833
Gates Industrial Corporation Ltd.
GTES
$7B
| $23.9M | ﹤0.01% |
1,470,049
+688,546
| +88% | +$11.8M |
|
1834
Travere Therapeutics
TVTX
$5.79B
| $23.9M | ﹤0.01% |
983,978
-21,461
| -2% | -$394K |
|
1835
The Bancorp
TBBK
$2.82B
| $23.8M | ﹤0.01% |
936,079
+1,079
| +0.1% | +$25.5K |
|
1836
Inovio Pharmaceuticals
INO
$93M
| $23.8M | ﹤0.01% |
276,931
-25,026
| -8% | -$2.51M |
|
1837
Extreme Networks
EXTR
$3.16B
| $23.8M | ﹤0.01% |
2,414,580
+203,362
| +9% | +$2.15M |
|
1838
Community Health Systems
CYH
$419M
| $23.8M | ﹤0.01% |
2,032,713
+6,509
| +0.3% | +$84.9K |
|
|
BBT
1839
Beacon Financial Corp
BBT
$2.71B
| $23.7M | ﹤0.01% |
880,269
-11,126
| -1% | -$294K |
|
1840
Stock Yards Bancorp
SYBT
$2.64B
| $23.7M | ﹤0.01% |
403,747
+32,038
| +9% | +$1.64M |
|
1841
FirstService
FSV
$6.18B
| $23.6M | ﹤0.01% |
131,348
+6,573
| +5% | +$1.22M |
|
1842
Hydrofarm Holdings
HYFM
$8.58M
| $23.6M | ﹤0.01% |
62,444
+39,390
| +171% | +$19.1M |
|
1843
KE Holdings
BEKE
$18.7B
| $23.5M | ﹤0.01% |
1,300,034
+152,370
| +13% | +$3.71M |
|
1844
Clean Energy Fuels
CLNE
$395M
| $23.5M | ﹤0.01% |
2,883,692
+556,960
| +24% | +$4.43M |
|
1845
Sturm, Ruger & Co
RGR
$601M
| $23.5M | ﹤0.01% |
318,149
+11,102
| +4% | +$863K |
|
|
GTY
1846
Getty Realty Corp
GTY
$2.05B
| $23.4M | ﹤0.01% |
798,436
+1,122
| +0.1% | +$35K |
|
1847
GDS Holdings
GDS
$6.97B
| $23.4M | ﹤0.01% |
415,312
+39,824
| +11% | +$2.45M |
|
|
EB
1848
DELISTED
Eventbrite
EB
| $23.3M | ﹤0.01% |
1,234,677
+17,756
| +1% | +$312K |
|
1849
Codexis
CDXS
$175M
| $23.3M | ﹤0.01% |
1,002,950
+2,625
| +0.3% | +$62.1K |
|
1850
Tennant Co
TNC
$1.15B
| $23.3M | ﹤0.01% |
315,227
+3,292
| +1% | +$247K |
|
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.