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 | |
|---|---|---|---|---|---|---|
826
Upstart Holdings
UPST
$2.63B
| $100M | 0.01% |
663,677
+65,978
| +11% | +$16.5M |
|
827
AMN Healthcare
AMN
$1.3B
| $100M | 0.01% |
817,682
+41,627
| +5% | +$4.62M |
|
828
Acuity Brands
AYI
$9.83B
| $99.9M | 0.01% |
472,054
+25,336
| +6% | +$5.24M |
|
|
JHG
829
DELISTED
Janus Henderson
JHG
| $99.7M | 0.01% |
2,377,876
+56,183
| +2% | +$2.48M |
|
830
Azenta
AZTA
$1.3B
| $99.6M | 0.01% |
966,186
+18,926
| +2% | +$2.05M |
|
831
Halozyme
HALO
$9.79B
| $99.5M | 0.01% |
2,474,566
+15,593
| +0.6% | +$582K |
|
832
SouthState Bank Corp
SSB
$10.2B
| $98.9M | 0.01% |
1,234,180
+22,312
| +2% | +$1.77M |
|
833
BlackLine
BL
$1.84B
| $98.6M | 0.01% |
951,850
-3,629
| -0.4% | -$421K |
|
834
nVent Electric
NVT
$24.9B
| $98.4M | 0.01% |
2,590,665
-204,515
| -7% | -$7.26M |
|
835
Coinbase
COIN
$38.6B
| $98.4M | 0.01% |
390,681
+35,590
| +10% | +$10.3M |
|
836
Universal Display
OLED
$3.68B
| $98.3M | 0.01% |
595,538
+22,547
| +4% | +$3.72M |
|
837
Mattel
MAT
$4.38B
| $98.1M | 0.01% |
4,551,004
+32,197
| +0.7% | +$675K |
|
838
Watts Water Technologies
WTS
$11.5B
| $98M | 0.01% |
504,556
+16,504
| +3% | +$3.14M |
|
|
CADE
839
DELISTED
Cadence Bank
CADE
| $98M | 0.01% |
3,288,365
+1,589,479
| +94% | +$48M |
|
840
XPO
XPO
$23.5B
| $97.9M | 0.01% |
2,128,118
-66,672
| -3% | -$3.1M |
|
|
FLG
841
Flagstar Bank National Association
FLG
$5.93B
| $97.9M | 0.01% |
2,671,514
+140,126
| +6% | +$5.34M |
|
842
Asana
ASAN
$1.92B
| $97.8M | 0.01% |
1,312,879
+67,878
| +5% | +$7.19M |
|
843
Popular Inc
BPOP
$11.2B
| $97.3M | 0.01% |
1,185,518
+3,333
| +0.3% | +$270K |
|
844
Idacorp
IDA
$8.27B
| $97.1M | 0.01% |
857,006
+37,551
| +5% | +$4M |
|
|
HR
845
DELISTED
Healthcare Realty Trust Incorporated
HR
| $97.1M | 0.01% |
3,068,258
-148,588
| -5% | -$4.76M |
|
846
Voya Financial
VOYA
$9.01B
| $96.9M | 0.01% |
1,461,979
+31,610
| +2% | +$2.08M |
|
847
Tenable Holdings
TENB
$3.6B
| $96.9M | 0.01% |
1,760,258
+203,388
| +13% | +$10.5M |
|
848
RenaissanceRe
RNR
$13.3B
| $96.9M | 0.01% |
572,260
-10,545
| -2% | -$1.65M |
|
849
Casey's General Stores
CASY
$32.2B
| $96.8M | 0.01% |
490,672
+7,329
| +2% | +$1.42M |
|
850
Workiva
WK
$3.36B
| $96.6M | 0.01% |
739,971
+49,899
| +7% | +$7.04M |
|
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.