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 | |
|---|---|---|---|---|---|---|
251
Ametek
AME
$55.4B
| $642M | 0.08% |
4,379,126
+197,644
| +5% | +$27M |
|
|
WBA
252
DELISTED
Walgreens Boots Alliance
WBA
| $642M | 0.08% |
12,332,488
+320,505
| +3% | +$15.5M |
|
253
Public Service Enterprise Group
PEG
$38.2B
| $641M | 0.08% |
9,626,846
+133,384
| +1% | +$8.44M |
|
254
Constellation Brands
STZ
$22.2B
| $638M | 0.08% |
2,551,818
+9,302
| +0.4% | +$2.12M |
|
255
Nucor
NUE
$58.6B
| $638M | 0.08% |
5,600,933
-74,087
| -1% | -$8.1M |
|
256
Lennar Class A
LEN
$19.8B
| $635M | 0.08% |
5,663,307
+324,073
| +6% | +$33.1M |
|
257
State Street
STT
$50.6B
| $633M | 0.08% |
6,819,476
-255,267
| -4% | -$24.1M |
|
258
Republic Services
RSG
$64.8B
| $620M | 0.07% |
4,459,637
+64,679
| +1% | +$8.6M |
|
|
TWTR
259
DELISTED
Twitter, Inc.
TWTR
| $617M | 0.07% |
14,314,021
+378,646
| +3% | +$19.7M |
|
260
Sysco
SYY
$40.8B
| $615M | 0.07% |
7,854,811
+242,350
| +3% | +$18.7M |
|
261
Cummins
CMI
$87.5B
| $614M | 0.07% |
2,823,165
+100,129
| +4% | +$22.8M |
|
262
Copart
CPRT
$27B
| $612M | 0.07% |
16,180,932
+626,972
| +4% | +$23.3M |
|
263
Dollar Tree
DLTR
$24.4B
| $610M | 0.07% |
4,353,256
+108,196
| +3% | +$13.1M |
|
|
XYZ
264
Block Inc
XYZ
$48.4B
| $609M | 0.07% |
3,775,541
+66,726
| +2% | +$14.5M |
|
265
WEC Energy
WEC
$35.7B
| $609M | 0.07% |
6,280,138
+174,222
| +3% | +$15.9M |
|
266
Zebra Technologies
ZBRA
$14B
| $605M | 0.07% |
1,018,558
+20,413
| +2% | +$11.6M |
|
267
lululemon athletica
LULU
$13.5B
| $601M | 0.07% |
1,537,635
+28,413
| +2% | +$12.1M |
|
268
Arista Networks
ANET
$227B
| $598M | 0.07% |
16,697,528
+639,448
| +4% | +$19.1M |
|
269
Williams Companies
WMB
$87.5B
| $598M | 0.07% |
23,035,416
+577,908
| +3% | +$16M |
|
270
Eversource Energy
ES
$26.9B
| $593M | 0.07% |
6,537,050
+190,201
| +3% | +$16.4M |
|
271
TransDigm Group
TDG
$70.2B
| $592M | 0.07% |
933,187
+25,886
| +3% | +$16.2M |
|
272
Datadog
DDOG
$95.4B
| $592M | 0.07% |
3,328,280
+410,717
| +14% | +$69.7M |
|
273
Phillips 66
PSX
$84.9B
| $592M | 0.07% |
8,189,974
+535,197
| +7% | +$40.5M |
|
274
Labcorp
LH
$25B
| $588M | 0.07% |
2,184,627
+48,633
| +2% | +$12M |
|
275
Ball Corp
BALL
$17.3B
| $587M | 0.07% |
6,118,033
+97,701
| +2% | +$9.03M |
|
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.