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 |
Microsoft
MSFT
|
+$981M |
| 2 |
Apple
AAPL
|
+$704M |
| 3 |
Amazon
AMZN
|
+$670M |
| 4 |
Merck
MRK
|
+$431M |
| 5 |
NVIDIA
NVDA
|
+$414M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KSU
Kansas City Southern
KSU
|
+$441M |
| 2 |
JD.com
JD
|
+$196M |
| 3 |
Aon
AON
|
+$184M |
| 4 |
VER
VEREIT, Inc.
VER
|
+$165M |
| 5 |
Dell
DELL
|
+$138M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.2% |
| 2 | Healthcare | 13.25% |
| 3 | Financials | 13.01% |
| 4 | Consumer Discretionary | 12% |
| 5 | Communication Services | 9.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Palo Alto Networks
PANW
$270B
| $698M | 0.08% |
7,532,556
+827,772
| +12% | +$71.6M |
|
227
Match Group
MTCH
$9.19B
| $696M | 0.08% |
5,272,334
+300,318
| +6% | +$43.5M |
|
|
BNY
228
Bank of New York Mellon
BNY
$106B
| $695M | 0.08% |
11,999,772
-762,730
| -6% | -$43.9M |
|
229
International Flavors & Fragrances
IFF
$20.2B
| $689M | 0.08% |
4,584,536
+237,641
| +5% | +$34.6M |
|
230
Sempra
SRE
$57.9B
| $688M | 0.08% |
10,434,870
+444,824
| +4% | +$28.2M |
|
231
L3Harris
LHX
$51.6B
| $686M | 0.08% |
3,224,878
-119,500
| -4% | -$26.5M |
|
232
Corteva
CTVA
$52.6B
| $685M | 0.08% |
14,529,331
-50,001
| -0.3% | -$2.28M |
|
233
Old Dominion Freight Line
ODFL
$44.1B
| $682M | 0.08% |
3,815,036
+71,686
| +2% | +$12.1M |
|
234
Extra Space Storage
EXR
$31.3B
| $680M | 0.08% |
3,004,095
+82,323
| +3% | +$16.3M |
|
235
Arthur J. Gallagher & Co
AJG
$64.1B
| $678M | 0.08% |
4,004,598
+97,773
| +3% | +$16M |
|
236
American Water Works
AWK
$26.7B
| $674M | 0.08% |
3,580,170
+80,223
| +2% | +$14M |
|
237
Monster Beverage
MNST
$94.3B
| $673M | 0.08% |
14,034,930
+414,500
| +3% | +$18.4M |
|
238
Weyerhaeuser
WY
$18B
| $671M | 0.08% |
16,321,125
+372,177
| +2% | +$14.1M |
|
239
Uber
UBER
$143B
| $661M | 0.08% |
15,780,530
+889,190
| +6% | +$38.3M |
|
240
Travelers Companies
TRV
$78.1B
| $661M | 0.08% |
4,233,724
+86,442
| +2% | +$13.5M |
|
241
Electronic Arts
EA
$53B
| $659M | 0.08% |
5,007,133
+54,417
| +1% | +$7.32M |
|
242
Ross Stores
ROST
$80.5B
| $657M | 0.08% |
5,769,402
+171,638
| +3% | +$19.2M |
|
243
Biogen
BIIB
$30B
| $657M | 0.08% |
2,745,331
-29,935
| -1% | -$7.7M |
|
244
Alexandria Real Estate Equities
ARE
$8.97B
| $654M | 0.08% |
2,941,011
+157,857
| +6% | +$32.7M |
|
|
ANSS
245
DELISTED
Ansys
ANSS
| $654M | 0.08% |
1,634,220
+50,125
| +3% | +$19.3M |
|
246
Equifax
EFX
$20.3B
| $652M | 0.08% |
2,233,579
+102,843
| +5% | +$28.6M |
|
247
General Mills
GIS
$19.1B
| $652M | 0.08% |
9,702,973
+77,264
| +0.8% | +$4.91M |
|
248
West Pharmaceutical
WST
$24B
| $647M | 0.08% |
1,382,016
+40,280
| +3% | +$17.3M |
|
249
Equity Residential
EQR
$24.9B
| $644M | 0.08% |
7,132,900
+127,759
| +2% | +$11M |
|
250
Global Payments
GPN
$23B
| $643M | 0.08% |
4,766,200
+208,681
| +5% | +$28.8M |
|
Similar funds
Geode Capital Management's Q4 2021 Portfolio in Review
As of Q4 2021, Geode Capital Management held 5,071 positions worth $830B, up 12% from $743B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Geode Capital Management's Q4 2021 filing shows 216 new, 2,976 increased, 1,070 reduced and 95 closed positions. Its largest new stake was Rivian: 2,078,098 shares worth $215M. The largest sale was Kansas City Southern, an estimated $441M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 25% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q4 2021 buy was Rivian: 2,078,098 shares worth $215M.
- Geode Capital Management added most to Microsoft in Q4 2021, an estimated $981M increase.
- Geode Capital Management's biggest Q4 2021 reduction was JD.com, cutting an estimated $196M.
- Geode Capital Management fully exited Kansas City Southern in Q4 2021, selling an estimated $441M.
- Geode Capital Management's ten largest holdings make up 24% of its $830B portfolio in Q4 2021.
- Geode Capital Management opened 216 new positions and closed 95 in Q4 2021.
- Geode Capital Management's portfolio value rose 12% quarter-over-quarter to $830B.
Based on Geode Capital Management's 13F filing for Q4 2021, filed 11 Feb 2022.