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 | |
|---|---|---|---|---|---|---|
2226
ARKO Corp
ARKO
$505M
| $13.8M | ﹤0.01% |
1,366,664
+573,531
| +72% | +$5.17M |
|
2227
Mitek Systems
MITK
$853M
| $13.8M | ﹤0.01% |
744,243
+13,518
| +2% | +$274K |
|
2228
Energy Recovery
ERII
$399M
| $13.8M | ﹤0.01% |
723,138
-7,115
| -1% | -$144K |
|
|
HNGR
2229
DELISTED
Hanger Inc.
HNGR
| $13.8M | ﹤0.01% |
626,272
+6,213
| +1% | +$144K |
|
|
TGH
2230
DELISTED
Textainer Group Holdings limited
TGH
| $13.7M | ﹤0.01% |
393,669
-5,215
| -1% | -$171K |
|
|
SPTN
2231
DELISTED
SpartanNash
SPTN
| $13.7M | ﹤0.01% |
626,830
+16,428
| +3% | +$330K |
|
2232
Workhorse Group
WKHS
$33.1M
| $13.7M | ﹤0.01% |
598
-94
| -14% | -$2.84M |
|
2233
John B. Sanfilippo & Son
JBSS
$1.01B
| $13.7M | ﹤0.01% |
167,822
+421
| +0.3% | +$36.5K |
|
2234
Designer Brands
DBI
$312M
| $13.7M | ﹤0.01% |
983,178
+10,957
| +1% | +$158K |
|
2235
Manitowoc
MTW
$753M
| $13.7M | ﹤0.01% |
638,107
+20,419
| +3% | +$472K |
|
2236
Acco Brands
ACCO
$399M
| $13.6M | ﹤0.01% |
1,587,886
+76,767
| +5% | +$676K |
|
|
CPLG
2237
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $13.6M | ﹤0.01% |
879,789
-4,399
| -0.5% | -$60.7K |
|
2238
CRA International
CRAI
$1.07B
| $13.6M | ﹤0.01% |
137,218
+3,854
| +3% | +$348K |
|
2239
QCR Holdings
QCRH
$1.75B
| $13.6M | ﹤0.01% |
264,859
+6,125
| +2% | +$303K |
|
2240
Oric Pharmaceuticals
ORIC
$1.42B
| $13.6M | ﹤0.01% |
651,224
+243,343
| +60% | +$4.93M |
|
|
BTRS
2241
DELISTED
BTRS Holdings Inc. Class 1 Common Stock
BTRS
| $13.6M | ﹤0.01% |
1,274,108
+280,090
| +28% | +$3.23M |
|
2242
GFL Environmental
GFL
$15B
| $13.5M | ﹤0.01% |
367,110
+44,159
| +14% | +$1.52M |
|
|
NGM
2243
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $13.5M | ﹤0.01% |
643,873
+68,077
| +12% | +$1.5M |
|
2244
IDEAYA Biosciences
IDYA
$3.53B
| $13.5M | ﹤0.01% |
530,767
+144,879
| +38% | +$3.38M |
|
2245
Douglas Dynamics
PLOW
$967M
| $13.5M | ﹤0.01% |
371,735
+1,710
| +0.5% | +$65.9K |
|
|
ARR
2246
Armour Residential REIT
ARR
$2.37B
| $13.5M | ﹤0.01% |
250,204
+27,051
| +12% | +$1.46M |
|
|
DMTK
2247
DELISTED
DermTech, Inc. Common Stock
DMTK
| $13.5M | ﹤0.01% |
419,392
+7,838
| +2% | +$275K |
|
|
GPMT
2248
Granite Point Mortgage Trust
GPMT
$58.8M
| $13.5M | ﹤0.01% |
1,022,273
-2,053
| -0.2% | -$28.2K |
|
2249
HealthStream
HSTM
$849M
| $13.4M | ﹤0.01% |
470,530
+4,995
| +1% | +$146K |
|
2250
Heartland Express
HTLD
$979M
| $13.4M | ﹤0.01% |
837,480
-10,167
| -1% | -$170K |
|
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.