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 | |
|---|---|---|---|---|---|---|
901
Varonis Systems
VRNS
$4.59B
| $90.1M | 0.01% |
1,847,632
+48,529
| +3% | +$2.76M |
|
902
Antero Resources
AR
$11.1B
| $90.1M | 0.01% |
5,148,331
+94,814
| +2% | +$1.8M |
|
903
Sun Life Financial
SLF
$46B
| $89.7M | 0.01% |
1,613,508
+98,382
| +6% | +$5.44M |
|
904
Cullen/Frost Bankers
CFR
$10.3B
| $89.7M | 0.01% |
711,563
+14,783
| +2% | +$1.9M |
|
905
Affiliated Managers Group
AMG
$9.69B
| $89.5M | 0.01% |
544,293
-10,162
| -2% | -$1.7M |
|
|
VG
906
DELISTED
Vonage Holdings Corporation
VG
| $89.4M | 0.01% |
4,300,912
+37,577
| +0.9% | +$685K |
|
907
Essent Group
ESNT
$6.08B
| $89.2M | 0.01% |
1,960,083
+13,890
| +0.7% | +$637K |
|
908
Diodes
DIOD
$3.78B
| $89.1M | 0.01% |
811,451
+11,201
| +1% | +$1.14M |
|
909
Interactive Brokers
IBKR
$39.2B
| $89M | 0.01% |
4,480,800
+211,352
| +5% | +$3.93M |
|
910
Polaris
PII
$3.82B
| $88.5M | 0.01% |
804,894
-177,481
| -18% | -$20.9M |
|
911
LXP Industrial Trust
LXP
$3.57B
| $88.5M | 0.01% |
1,132,594
+86,358
| +8% | +$6.41M |
|
912
United Bankshares
UBSI
$6.63B
| $88.3M | 0.01% |
2,434,802
+229,273
| +10% | +$8.44M |
|
913
Rayonier
RYN
$6.55B
| $88.3M | 0.01% |
2,411,791
+108,139
| +5% | +$3.76M |
|
|
PDCE
914
DELISTED
PDC Energy, Inc.
PDCE
| $87.6M | 0.01% |
1,795,517
+50,504
| +3% | +$2.59M |
|
915
EXL Service
EXLS
$5.14B
| $87.4M | 0.01% |
3,019,540
-50,765
| -2% | -$1.34M |
|
916
Rogers Corp
ROG
$2.21B
| $87.3M | 0.01% |
319,652
+11,720
| +4% | +$2.85M |
|
|
ZNGA
917
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $86.9M | 0.01% |
13,582,993
+616,469
| +5% | +$4.25M |
|
918
Avient
AVNT
$3.33B
| $86.9M | 0.01% |
1,553,310
+34,422
| +2% | +$1.88M |
|
919
Opendoor
OPEN
$3.64B
| $86.9M | 0.01% |
6,142,942
-853,218
| -12% | -$15.8M |
|
920
Atlassian
TEAM
$25.6B
| $86.6M | 0.01% |
227,116
+5,696
| +3% | +$2.29M |
|
921
EQT Corp
EQT
$33.3B
| $86.2M | 0.01% |
3,951,745
+105,916
| +3% | +$2.22M |
|
922
APi Group
APG
$17.1B
| $86.1M | 0.01% |
5,012,958
+216,982
| +5% | +$3.33M |
|
923
Axalta
AXTA
$7.66B
| $86.1M | 0.01% |
2,598,995
+38,830
| +2% | +$1.23M |
|
924
Erie Indemnity
ERIE
$12.7B
| $85.8M | 0.01% |
445,251
+9,881
| +2% | +$1.99M |
|
|
MIME
925
DELISTED
Mimecast Limited
MIME
| $85.5M | 0.01% |
1,075,080
-22,145
| -2% | -$1.67M |
|
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.