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 | |
|---|---|---|---|---|---|---|
701
Paylocity
PCTY
$7.38B
| $128M | 0.02% |
542,561
+27,309
| +5% | +$7.25M |
|
702
Gentex
GNTX
$4.97B
| $128M | 0.02% |
3,669,165
+56,461
| +2% | +$2M |
|
703
Ambarella
AMBA
$3.77B
| $127M | 0.02% |
627,815
+4,234
| +0.7% | +$785K |
|
704
Brunswick
BC
$5.13B
| $127M | 0.02% |
1,262,523
+140,023
| +12% | +$13.7M |
|
705
TC Energy
TRP
$70.2B
| $127M | 0.02% |
2,721,997
+164,774
| +6% | +$8.15M |
|
706
Omega Healthcare
OHI
$15.1B
| $126M | 0.02% |
4,242,443
+100,132
| +2% | +$2.92M |
|
707
Deckers Outdoor
DECK
$13.2B
| $125M | 0.02% |
2,052,834
-195,504
| -9% | -$12.6M |
|
708
Dick's Sporting Goods
DKS
$17.5B
| $125M | 0.02% |
1,088,733
+158,201
| +17% | +$19M |
|
709
Guardant Health
GH
$21.7B
| $125M | 0.02% |
1,251,161
+28,988
| +2% | +$3M |
|
710
Fox Factory Holding Corp
FOXF
$755M
| $125M | 0.02% |
733,545
+10,536
| +1% | +$1.76M |
|
|
ATH
711
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $124M | 0.02% |
1,494,715
-146,978
| -9% | -$12.1M |
|
712
Jazz Pharmaceuticals
JAZZ
$15.9B
| $124M | 0.02% |
975,874
+57,988
| +6% | +$7.62M |
|
713
Semtech
SMTC
$11B
| $124M | 0.01% |
1,395,379
+58,024
| +4% | +$4.94M |
|
714
Tandem Diabetes Care
TNDM
$1.34B
| $124M | 0.01% |
823,798
+22,743
| +3% | +$3.07M |
|
|
LSXMK
715
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $124M | 0.01% |
3,145,217
+313,806
| +11% | +$12.2M |
|
716
Alaska Air
ALK
$5.29B
| $123M | 0.01% |
2,370,469
-134,400
| -5% | -$7.28M |
|
717
Penumbra
PEN
$12.7B
| $123M | 0.01% |
428,477
+18,075
| +4% | +$4.78M |
|
718
Arrow Electronics
ARW
$11.1B
| $123M | 0.01% |
917,151
-24,183
| -3% | -$2.97M |
|
719
First Financial Bankshares
FFIN
$5.04B
| $123M | 0.01% |
2,409,991
+17,018
| +0.7% | +$864K |
|
720
Capri Holdings
CPRI
$1.83B
| $122M | 0.01% |
1,880,715
+30,734
| +2% | +$1.82M |
|
721
IPG Photonics
IPGP
$3.61B
| $122M | 0.01% |
709,664
+18,909
| +3% | +$3.12M |
|
722
American Financial Group
AFG
$11.8B
| $122M | 0.01% |
888,096
-5,501
| -0.6% | -$756K |
|
723
Carlyle Group
CG
$16.6B
| $121M | 0.01% |
2,206,418
-102,068
| -4% | -$5.56M |
|
724
First Horizon
FHN
$12.2B
| $121M | 0.01% |
7,387,286
+84,473
| +1% | +$1.41M |
|
725
Sensata Technologies
ST
$6.74B
| $121M | 0.01% |
1,960,066
+52,174
| +3% | +$3.04M |
|
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.