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 | |
|---|---|---|---|---|---|---|
|
SAFM
1051
DELISTED
Sanderson Farms Inc
SAFM
| $70M | 0.01% |
366,197
+7,871
| +2% | +$1.48M |
|
1052
Flowers Foods
FLO
$1.49B
| $69.6M | 0.01% |
2,534,571
+112,855
| +5% | +$2.92M |
|
1053
Radian Group
RDN
$5.18B
| $69.6M | 0.01% |
3,291,950
+98,948
| +3% | +$2.19M |
|
1054
Applied Industrial Technologies
AIT
$12.8B
| $69.3M | 0.01% |
674,811
+12,225
| +2% | +$1.22M |
|
1055
Trip.com Group
TCOM
$29.6B
| $69.2M | 0.01% |
2,826,681
-86,189
| -3% | -$2.44M |
|
1056
TriNet
TNET
$3.02B
| $69.2M | 0.01% |
726,557
+18,533
| +3% | +$1.85M |
|
1057
SM Energy
SM
$7.8B
| $69.2M | 0.01% |
2,346,440
+202,527
| +9% | +$6.32M |
|
1058
Lazard
LAZ
$4.13B
| $69.1M | 0.01% |
1,584,593
+56,962
| +4% | +$2.66M |
|
1059
Wintrust Financial
WTFC
$10.8B
| $69.1M | 0.01% |
760,992
+30,492
| +4% | +$2.72M |
|
1060
Academy Sports + Outdoors
ASO
$2.94B
| $68.9M | 0.01% |
1,570,083
-16,978
| -1% | -$737K |
|
1061
Community Bank
CBU
$3.41B
| $68.8M | 0.01% |
924,346
+56,203
| +6% | +$4.1M |
|
1062
Teradata
TDC
$2.92B
| $68.6M | 0.01% |
1,615,887
+92,327
| +6% | +$4.56M |
|
1063
Mine Safety
MSA
$7.35B
| $68.6M | 0.01% |
454,474
+12,956
| +3% | +$1.94M |
|
1064
Park Hotels & Resorts
PK
$3.03B
| $68.5M | 0.01% |
3,627,929
+85,037
| +2% | +$1.6M |
|
1065
Apple Hospitality REIT
APLE
$3.9B
| $68.5M | 0.01% |
4,239,341
-1,216
| -0% | -$19.2K |
|
1066
NCR Voyix
VYX
$1.14B
| $68.4M | 0.01% |
2,774,769
+74,563
| +3% | +$1.89M |
|
1067
Perrigo
PRGO
$1.4B
| $68.3M | 0.01% |
1,755,251
+61,587
| +4% | +$2.59M |
|
|
AMED
1068
DELISTED
Amedisys
AMED
| $68.2M | 0.01% |
421,170
-1,460
| -0.3% | -$235K |
|
1069
Asbury Automotive
ABG
$4.31B
| $68.1M | 0.01% |
394,541
+69,678
| +21% | +$12.8M |
|
1070
Boyd Gaming
BYD
$6.18B
| $68M | 0.01% |
1,036,969
+47,984
| +5% | +$3.04M |
|
|
GAP
1071
The Gap Inc
GAP
$7.23B
| $68M | 0.01% |
3,858,043
+104,716
| +3% | +$2.19M |
|
1072
Under Armour Class C
UA
$2.77B
| $67.9M | 0.01% |
3,770,757
+251,564
| +7% | +$4.89M |
|
1073
HF Sinclair
DINO
$16.3B
| $67.9M | 0.01% |
2,070,338
+36,325
| +2% | +$1.22M |
|
1074
MACOM Technology Solutions
MTSI
$19.2B
| $67.8M | 0.01% |
865,965
+29,041
| +3% | +$2.09M |
|
1075
CONMED
CNMD
$1.39B
| $67.7M | 0.01% |
477,883
+12,598
| +3% | +$1.78M |
|
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.