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 | |
|---|---|---|---|---|---|---|
|
LHCG
1001
DELISTED
LHC Group LLC
LHCG
| $74.6M | 0.01% |
543,586
+9,098
| +2% | +$1.24M |
|
1002
Under Armour
UAA
$2.84B
| $74.6M | 0.01% |
3,524,065
+64,712
| +2% | +$1.47M |
|
1003
Range Resources
RRC
$9.38B
| $74.5M | 0.01% |
4,180,839
-16,187
| -0.4% | -$349K |
|
1004
Walker & Dunlop
WD
$1.71B
| $74.3M | 0.01% |
492,620
+15,754
| +3% | +$2.2M |
|
1005
Zurn Elkay Water Solutions
ZWS
$8.38B
| $74.3M | 0.01% |
2,041,464
-2,244,396
| -52% | -$80.8M |
|
1006
Enovis
ENOV
$1.68B
| $74.3M | 0.01% |
938,964
+69,640
| +8% | +$5.82M |
|
1007
Franco-Nevada
FNV
$41.1B
| $74.2M | 0.01% |
537,220
+32,871
| +7% | +$4.54M |
|
|
SAIL
1008
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $74M | 0.01% |
1,531,738
+39,577
| +3% | +$1.94M |
|
1009
Ultragenyx Pharmaceutical
RARE
$2.45B
| $73.7M | 0.01% |
876,956
+30,889
| +4% | +$2.51M |
|
1010
Casella Waste Systems
CWST
$5.71B
| $73.7M | 0.01% |
862,723
+18,730
| +2% | +$1.57M |
|
1011
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.84B
| $73.2M | 0.01% |
1,377,734
+47,085
| +4% | +$2.72M |
|
1012
Macerich
MAC
$7.33B
| $73.1M | 0.01% |
4,232,148
+322,708
| +8% | +$6.04M |
|
1013
ZTO Express
ZTO
$18.3B
| $72.9M | 0.01% |
2,597,579
+258,876
| +11% | +$7.73M |
|
1014
Q2 Holdings
QTWO
$3.8B
| $72.9M | 0.01% |
917,721
-22,602
| -2% | -$1.82M |
|
1015
Unum
UNM
$13.6B
| $72.7M | 0.01% |
2,959,087
+110,142
| +4% | +$2.82M |
|
|
CHX
1016
DELISTED
ChampionX
CHX
| $72.7M | 0.01% |
3,595,776
+120,767
| +3% | +$2.84M |
|
1017
Denali Therapeutics
DNLI
$3.65B
| $72.6M | 0.01% |
1,628,867
+21,473
| +1% | +$1.02M |
|
1018
National Fuel Gas
NFG
$7.82B
| $72.6M | 0.01% |
1,135,707
+38,443
| +4% | +$2.3M |
|
|
SRCL
1019
DELISTED
Stericycle Inc
SRCL
| $72.5M | 0.01% |
1,216,370
+35,548
| +3% | +$2.23M |
|
|
ETRN
1020
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $72.5M | 0.01% |
7,010,489
+63,879
| +0.9% | +$662K |
|
1021
Autoliv
ALV
$9.02B
| $72.5M | 0.01% |
700,909
+21,547
| +3% | +$2.11M |
|
1022
Fabrinet
FN
$15.6B
| $72.4M | 0.01% |
611,298
+15,084
| +3% | +$1.67M |
|
1023
Southwest Gas
SWX
$6.47B
| $72.4M | 0.01% |
1,033,608
+28,777
| +3% | +$1.98M |
|
|
SKX
1024
DELISTED
Skechers
SKX
| $72.4M | 0.01% |
1,667,218
+43,890
| +3% | +$1.97M |
|
1025
Allison Transmission
ALSN
$9.5B
| $72.3M | 0.01% |
1,989,261
+654,449
| +49% | +$23.1M |
|
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.