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 | |
|---|---|---|---|---|---|---|
|
DM
2026
DELISTED
Desktop Metal, Inc.
DM
| $18.3M | ﹤0.01% |
255,281
+71,579
| +39% | +$6.22M |
|
|
MODN
2027
DELISTED
MODEL N, INC.
MODN
| $18.3M | ﹤0.01% |
546,153
+14,858
| +3% | +$502K |
|
|
ECHO
2028
EchoStar
ECHO
$26.6B
| $18.3M | ﹤0.01% |
716,811
-20,799
| -3% | -$513K |
|
2029
Tompkins Financial
TMP
$1.45B
| $18.3M | ﹤0.01% |
225,781
-1,780
| -0.8% | -$138K |
|
|
GCP
2030
DELISTED
GCP Applied Technologies Inc.
GCP
| $18.2M | ﹤0.01% |
831,793
+1,783
| +0.2% | +$41.4K |
|
|
GLDD
2031
DELISTED
Great Lakes Dredge & Dock
GLDD
| $18.2M | ﹤0.01% |
1,207,032
-29,429
| -2% | -$437K |
|
|
RNAM
2032
DELISTED
Avidity Biosciences
RNAM
| $18.2M | ﹤0.01% |
739,266
+326,589
| +79% | +$7.1M |
|
2033
E.W. Scripps
SSP
$310M
| $18.2M | ﹤0.01% |
1,007,812
+42,243
| +4% | +$781K |
|
2034
Federal Agricultural Mortgage
AGM
$2.51B
| $18M | ﹤0.01% |
166,131
+2,320
| +1% | +$230K |
|
|
FRG
2035
DELISTED
Franchise Group, Inc.
FRG
| $18M | ﹤0.01% |
509,000
+9,674
| +2% | +$337K |
|
|
RADI
2036
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $18M | ﹤0.01% |
1,102,230
+104,644
| +10% | +$1.68M |
|
|
DENN
2037
DELISTED
Denny's
DENN
| $17.9M | ﹤0.01% |
1,093,448
+5,861
| +0.5% | +$92K |
|
2038
LeMaitre Vascular
LMAT
$1.87B
| $17.8M | ﹤0.01% |
335,504
+24,935
| +8% | +$1.4M |
|
|
NXGN
2039
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $17.8M | ﹤0.01% |
1,263,217
+24,769
| +2% | +$385K |
|
2040
MarineMax
HZO
$1.15B
| $17.8M | ﹤0.01% |
366,108
-1,286
| -0.4% | -$64.2K |
|
2041
Atlanta Braves Holdings Series B
BATRK
$3.41B
| $17.7M | ﹤0.01% |
671,341
+4,537
| +0.7% | +$119K |
|
2042
The RealReal
REAL
$1.33B
| $17.7M | ﹤0.01% |
1,343,645
+143,385
| +12% | +$2.12M |
|
2043
National Healthcare
NHC
$3.44B
| $17.6M | ﹤0.01% |
252,129
+721
| +0.3% | +$52.4K |
|
2044
Aspen Aerogels
ASPN
$504M
| $17.6M | ﹤0.01% |
383,010
-23,679
| -6% | -$939K |
|
|
TUP
2045
DELISTED
Tupperware Brands Corporation
TUP
| $17.6M | ﹤0.01% |
832,873
+9,410
| +1% | +$211K |
|
|
DNMR
2046
DELISTED
Danimer Scientific, Inc.
DNMR
| $17.6M | ﹤0.01% |
26,860
+848
| +3% | +$624K |
|
2047
Ranpak Holdings
PACK
$479M
| $17.5M | ﹤0.01% |
654,037
+32,737
| +5% | +$920K |
|
2048
Blink Charging
BLNK
$87.1M
| $17.5M | ﹤0.01% |
611,559
+23,092
| +4% | +$749K |
|
2049
Tencent Music
TME
$14.2B
| $17.5M | ﹤0.01% |
2,431,402
+282,177
| +13% | +$2.77M |
|
|
COWN
2050
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $17.4M | ﹤0.01% |
508,519
+18,558
| +4% | +$696K |
|
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.