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 | |
|---|---|---|---|---|---|---|
|
RTL
1926
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $21.2M | ﹤0.01% |
2,641,655
+289,172
| +12% | +$2.44M |
|
1927
Yext
YEXT
$613M
| $21.2M | ﹤0.01% |
1,764,489
+31,019
| +2% | +$400K |
|
|
MBT
1928
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $21.2M | ﹤0.01% |
2,210,371
+268,642
| +14% | +$2.42M |
|
1929
The GEO Group
GEO
$4B
| $21.2M | ﹤0.01% |
2,832,562
+309,471
| +12% | +$2.27M |
|
1930
Ubiquiti
UI
$35.3B
| $21.1M | ﹤0.01% |
70,574
-9,589
| -12% | -$2.96M |
|
1931
e.l.f. Beauty
ELF
$5.43B
| $21.1M | ﹤0.01% |
724,818
+46,552
| +7% | +$1.33M |
|
1932
Constellium
CSTM
$3.95B
| $21M | ﹤0.01% |
1,116,363
+151,396
| +16% | +$2.91M |
|
|
FARO
1933
DELISTED
Faro Technologies
FARO
| $20.9M | ﹤0.01% |
318,198
+4,278
| +1% | +$301K |
|
1934
Dime Commercial Bancshares
DCOM
$1.82B
| $20.8M | ﹤0.01% |
638,370
-19,346
| -3% | -$627K |
|
|
INN
1935
Summit Hotel Properties
INN
$656M
| $20.8M | ﹤0.01% |
2,161,614
+29,650
| +1% | +$271K |
|
|
MCFE
1936
DELISTED
McAfee Corp. Class A Common Stock
MCFE
| $20.8M | ﹤0.01% |
941,438
+357,972
| +61% | +$9.25M |
|
1937
Southside Bancshares
SBSI
$984M
| $20.7M | ﹤0.01% |
541,399
-15,778
| -3% | -$581K |
|
1938
BCE
BCE
$21.7B
| $20.7M | ﹤0.01% |
396,645
-5,044
| -1% | -$255K |
|
1939
Kura Oncology
KURA
$896M
| $20.7M | ﹤0.01% |
1,103,760
-46,397
| -4% | -$874K |
|
1940
Huron Consulting
HURN
$2.47B
| $20.6M | ﹤0.01% |
396,917
+6,400
| +2% | +$312K |
|
1941
National Bank Holdings
NBHC
$1.94B
| $20.6M | ﹤0.01% |
509,149
+5,081
| +1% | +$186K |
|
|
SHCR
1942
DELISTED
Sharecare, Inc. Class A Common Stock
SHCR
| $20.6M | ﹤0.01% |
+2,502,679
| New | +$18.9M |
|
1943
West Fraser Timber
WFG
$5.45B
| $20.6M | ﹤0.01% |
245,053
+64,363
| +36% | +$4.8M |
|
1944
BRC Group Holdings
RILY
$303M
| $20.5M | ﹤0.01% |
347,549
-6,542
| -2% | -$429K |
|
1945
Enerpac Tool Group
EPAC
$1.89B
| $20.4M | ﹤0.01% |
986,032
+4,201
| +0.4% | +$105K |
|
1946
Peabody Energy
BTU
$2.94B
| $20.4M | ﹤0.01% |
1,379,159
+228,211
| +20% | +$2.99M |
|
1947
Pitney Bowes
PBI
$2.28B
| $20.4M | ﹤0.01% |
2,827,342
-26,864
| -0.9% | -$210K |
|
|
RDUS
1948
DELISTED
Radius Recycling
RDUS
| $20.4M | ﹤0.01% |
465,064
+7,780
| +2% | +$376K |
|
|
BRKL
1949
DELISTED
Brookline Bancorp
BRKL
| $20.3M | ﹤0.01% |
1,332,700
+4,535
| +0.3% | +$65.8K |
|
1950
Warrior Met Coal
HCC
$4.98B
| $20.3M | ﹤0.01% |
871,834
+13,146
| +2% | +$266K |
|
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.