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 | |
|---|---|---|---|---|---|---|
2001
Valaris
VAL
$5.91B
| $18.8M | ﹤0.01% |
+539,006
| New | +$15.5M |
|
2002
Mercury Insurance
MCY
$5.81B
| $18.8M | ﹤0.01% |
337,245
+11,368
| +3% | +$679K |
|
2003
Green Brick Partners
GRBK
$3.04B
| $18.7M | ﹤0.01% |
913,676
+143,273
| +19% | +$3.38M |
|
2004
Icon
ICLR
$12.9B
| $18.7M | ﹤0.01% |
71,479
-232,401
| -76% | -$56.5M |
|
2005
AdvanSix
ASIX
$446M
| $18.7M | ﹤0.01% |
471,037
+12,978
| +3% | +$446K |
|
2006
Liberty Energy
LBRT
$3.45B
| $18.7M | ﹤0.01% |
1,542,709
+114,488
| +8% | +$1.27M |
|
2007
Pulmonx
LUNG
$92.8M
| $18.7M | ﹤0.01% |
518,539
+203,361
| +65% | +$8M |
|
|
XRN
2008
Chiron Real Estate Inc
XRN
$484M
| $18.6M | ﹤0.01% |
253,398
+16,284
| +7% | +$1.24M |
|
2009
Mativ Holdings
MATV
$667M
| $18.6M | ﹤0.01% |
536,397
-50,340
| -9% | -$1.88M |
|
2010
Scholastic
SCHL
$784M
| $18.6M | ﹤0.01% |
520,700
-492
| -0.1% | -$16.8K |
|
2011
Scansource
SCSC
$1.06B
| $18.6M | ﹤0.01% |
533,314
+37,092
| +7% | +$1.14M |
|
2012
Children's Place
PLCE
$53.4M
| $18.5M | ﹤0.01% |
246,118
+314
| +0.1% | +$27.8K |
|
2013
MannKind Corp
MNKD
$1.2B
| $18.5M | ﹤0.01% |
4,257,922
+30,308
| +0.7% | +$137K |
|
2014
Gildan
GIL
$10.6B
| $18.5M | ﹤0.01% |
508,915
+67,883
| +15% | +$2.5M |
|
2015
Construction Partners
ROAD
$6.73B
| $18.4M | ﹤0.01% |
551,611
+9,239
| +2% | +$304K |
|
|
EBSB
2016
DELISTED
Meridian Bancorp, Inc.
EBSB
| $18.4M | ﹤0.01% |
886,005
+2,413
| +0.3% | +$48K |
|
2017
Matthews International
MATW
$722M
| $18.4M | ﹤0.01% |
529,895
-6,353
| -1% | -$218K |
|
|
PING
2018
DELISTED
Ping Identity Holding Corp.
PING
| $18.4M | ﹤0.01% |
747,288
+80,904
| +12% | +$1.96M |
|
2019
Impinj
PI
$5.46B
| $18.4M | ﹤0.01% |
321,316
-27,900
| -8% | -$1.43M |
|
|
FFWM
2020
DELISTED
First Foundation Inc
FFWM
| $18.4M | ﹤0.01% |
697,814
-3,080
| -0.4% | -$73.6K |
|
2021
Levi Strauss
LEVI
$8.63B
| $18.3M | ﹤0.01% |
748,403
+34,843
| +5% | +$940K |
|
2022
Ingles Markets
IMKTA
$1.68B
| $18.3M | ﹤0.01% |
277,782
+6,915
| +3% | +$439K |
|
|
VTLE
2023
DELISTED
Vital Energy
VTLE
| $18.3M | ﹤0.01% |
226,036
+44,640
| +25% | +$2.73M |
|
2024
Chefs' Warehouse
CHEF
$4.57B
| $18.3M | ﹤0.01% |
562,583
+10,437
| +2% | +$306K |
|
2025
Northern Oil and Gas
NOG
$2.61B
| $18.3M | ﹤0.01% |
855,337
+71,249
| +9% | +$1.24M |
|
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.