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 | 11.99% |
| 5 | Communication Services | 9.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3376
Camtek
CAMT
$7.07B
| $1.94M | ﹤0.01% |
42,233
+18,258
| +76% | +$778K |
|
3377
ReNew
RNW
$2.29B
| $1.94M | ﹤0.01% |
249,907
+111,671
| +81% | +$982K |
|
3378
Destination XL Group
DXLG
$31.4M
| $1.94M | ﹤0.01% |
341,806
+320,176
| +1,480% | +$2.16M |
|
3379
Puma Biotechnology
PBYI
$397M
| $1.94M | ﹤0.01% |
637,292
+30,141
| +5% | +$131K |
|
3380
AMES National
ATLO
$276M
| $1.93M | ﹤0.01% |
78,869
| – | – |
|
|
CMLS
3381
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $1.92M | ﹤0.01% |
171,091
+953
| +0.6% | +$11.7K |
|
3382
Western New England Bancorp
WNEB
$272M
| $1.92M | ﹤0.01% |
219,551
| – | – |
|
3383
Bolt Biotherapeutics
BOLT
$7.59M
| $1.92M | ﹤0.01% |
19,607
+2,351
| +14% | +$446K |
|
3384
BayCom
BCML
$338M
| $1.92M | ﹤0.01% |
102,352
-1,241
| -1% | -$23.3K |
|
3385
Liquidia Corp
LQDA
$7.86B
| $1.91M | ﹤0.01% |
392,795
-2,555
| -0.6% | -$10.2K |
|
3386
Rio Tinto
RIO
$161B
| $1.91M | ﹤0.01% |
28,483
-2,294
| -7% | -$148K |
|
3387
Biglari Holdings Class B
BH
$1.23B
| $1.9M | ﹤0.01% |
13,317
-637
| -5% | -$98.8K |
|
|
FCCY
3388
DELISTED
1st Constitution Bancorp
FCCY
| $1.9M | ﹤0.01% |
73,758
| – | – |
|
|
PINE
3389
Alpine Income Property Trust
PINE
$331M
| $1.88M | ﹤0.01% |
93,913
+2,617
| +3% | +$48.9K |
|
|
EVBN
3390
DELISTED
Evans Bancorp Inc
EVBN
| $1.88M | ﹤0.01% |
46,678
-3
| -0% | -$119 |
|
|
CAJ
3391
DELISTED
Canon, Inc.
CAJ
| $1.88M | ﹤0.01% |
77,005
-9,192
| -11% | -$216K |
|
3392
Investar Holding Corp
ISTR
$421M
| $1.87M | ﹤0.01% |
101,817
-104
| -0.1% | -$1.95K |
|
|
TCFC
3393
DELISTED
The Community Financial Corporation Common Stock
TCFC
| $1.87M | ﹤0.01% |
47,607
| – | – |
|
3394
Teekay
TK
$977M
| $1.87M | ﹤0.01% |
594,939
-56,524
| -9% | -$195K |
|
|
FLNT
3395
Fluent
FLNT
$104M
| $1.87M | ﹤0.01% |
156,422
+8,563
| +6% | +$116K |
|
3396
FVCBankcorp
FVCB
$342M
| $1.87M | ﹤0.01% |
117,770
| – | – |
|
|
SNCR
3397
DELISTED
Synchronoss Technologies
SNCR
| $1.86M | ﹤0.01% |
84,926
+42,890
| +102% | +$976K |
|
|
JBIO
3398
Jade Biosciences
JBIO
$1.3B
| $1.86M | ﹤0.01% |
4,507
+1,238
| +38% | +$626K |
|
3399
InnovAge Holding
INNV
$1.47B
| $1.86M | ﹤0.01% |
371,453
+51,137
| +16% | +$372K |
|
3400
Criteo S.A. Ordinary Shares
CRTO
$1.13B
| $1.85M | ﹤0.01% |
47,655
-341
| -0.7% | -$13.1K |
|
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.