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 | |
|---|---|---|---|---|---|---|
2126
Harmony Biosciences
HRMY
$2.24B
| $15.8M | ﹤0.01% |
411,110
+186,168
| +83% | +$5.99M |
|
2127
Washington Trust Bancorp
WASH
$767M
| $15.8M | ﹤0.01% |
297,291
-1,499
| -0.5% | -$76.6K |
|
2128
Heritage Financial
HFWA
$1.23B
| $15.7M | ﹤0.01% |
617,159
+1,475
| +0.2% | +$35.8K |
|
2129
CRH
CRH
$65B
| $15.7M | ﹤0.01% |
336,514
+11,307
| +3% | +$573K |
|
2130
QuinStreet
QNST
$1.19B
| $15.7M | ﹤0.01% |
895,036
+5,791
| +0.7% | +$104K |
|
2131
Invivyd
IVVD
$202M
| $15.7M | ﹤0.01% |
+372,031
| New | +$13.8M |
|
2132
Preferred Bank
PFBC
$1.28B
| $15.7M | ﹤0.01% |
235,660
+2,281
| +1% | +$140K |
|
|
BMTC
2133
DELISTED
Bryn Mawr Bank Corp
BMTC
| $15.7M | ﹤0.01% |
341,786
+1,458
| +0.4% | +$58.9K |
|
2134
Microvast
MVST
$341M
| $15.7M | ﹤0.01% |
+1,907,519
| New | +$20M |
|
2135
Pan American Silver
PAAS
$19.9B
| $15.7M | ﹤0.01% |
677,225
+67,638
| +11% | +$1.77M |
|
|
UHT
2136
Universal Health Realty Income Trust
UHT
$573M
| $15.7M | ﹤0.01% |
283,403
+26,105
| +10% | +$1.54M |
|
|
PRSU
2137
Pursuit Attractions and Hospitality Inc
PRSU
$1.29B
| $15.7M | ﹤0.01% |
344,931
+6,190
| +2% | +$277K |
|
|
MGP
2138
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $15.6M | ﹤0.01% |
407,765
+6,670
| +2% | +$261K |
|
2139
Hyliion Holdings
HYLN
$734M
| $15.6M | ﹤0.01% |
1,857,049
+116,946
| +7% | +$1.08M |
|
2140
Weis Markets
WMK
$1.77B
| $15.5M | ﹤0.01% |
295,464
+4,379
| +2% | +$237K |
|
2141
Photronics
PLAB
$1.97B
| $15.5M | ﹤0.01% |
1,137,393
+36,126
| +3% | +$490K |
|
|
DCH
2142
Dauch Corp
DCH
$1.6B
| $15.5M | ﹤0.01% |
1,756,049
-75,766
| -4% | -$694K |
|
2143
Invesco Mortgage Capital
IVR
$805M
| $15.5M | ﹤0.01% |
491,081
+13,910
| +3% | +$452K |
|
2144
eHealth
EHTH
$38.8M
| $15.5M | ﹤0.01% |
381,827
-59,546
| -13% | -$2.78M |
|
2145
Interface
TILE
$2.24B
| $15.4M | ﹤0.01% |
1,018,943
+12,804
| +1% | +$184K |
|
|
XENT
2146
DELISTED
Intersect ENT, Inc
XENT
| $15.4M | ﹤0.01% |
566,426
+12,023
| +2% | +$297K |
|
|
LBAI
2147
DELISTED
Lakeland Bancorp Inc
LBAI
| $15.3M | ﹤0.01% |
870,404
+1,201
| +0.1% | +$19.9K |
|
2148
Rackspace Technology
RXT
$1.1B
| $15.3M | ﹤0.01% |
1,077,779
+201,999
| +23% | +$3.25M |
|
2149
Payoneer
PAYO
$2.42B
| $15.3M | ﹤0.01% |
1,790,397
+1,744,858
| +3,832% | +$17M |
|
|
CUTR
2150
DELISTED
Cutera, Inc.
CUTR
| $15.2M | ﹤0.01% |
326,618
+29,481
| +10% | +$1.45M |
|
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.