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 | |
|---|---|---|---|---|---|---|
1076
National Vision
EYE
$1.77B
| $67.6M | 0.01% |
1,409,632
+36,292
| +3% | +$1.94M |
|
1077
Beam Therapeutics
BEAM
$2.63B
| $67.6M | 0.01% |
848,589
+25,695
| +3% | +$2.2M |
|
1078
Hanover Insurance
THG
$8.1B
| $67.6M | 0.01% |
515,764
+16,146
| +3% | +$2.09M |
|
|
TRTN
1079
DELISTED
Triton International Limited
TRTN
| $67.5M | 0.01% |
1,120,825
+41,365
| +4% | +$2.41M |
|
1080
Integra LifeSciences
IART
$1.29B
| $67.4M | 0.01% |
1,006,447
+57,231
| +6% | +$3.87M |
|
1081
New Jersey Resources
NJR
$5.84B
| $67.3M | 0.01% |
1,639,162
+56,687
| +4% | +$2.19M |
|
|
ITCI
1082
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $67.3M | 0.01% |
1,285,814
+13,094
| +1% | +$550K |
|
1083
Eastern Bankshares
EBC
$5.26B
| $67.3M | 0.01% |
3,336,362
+190,581
| +6% | +$3.96M |
|
|
PPBI
1084
DELISTED
Pacific Premier Bancorp
PPBI
| $67.3M | 0.01% |
1,680,975
+74,592
| +5% | +$3.09M |
|
1085
Graphic Packaging
GPK
$3.17B
| $67.3M | 0.01% |
3,450,248
+100,085
| +3% | +$2M |
|
1086
Armstrong World Industries
AWI
$7.38B
| $66.9M | 0.01% |
576,313
+11,920
| +2% | +$1.29M |
|
|
FL
1087
DELISTED
Foot Locker
FL
| $66.9M | 0.01% |
1,532,739
-217,215
| -12% | -$10.3M |
|
1088
NOV
NOV
$6.93B
| $66.9M | 0.01% |
4,935,539
+249,864
| +5% | +$3.43M |
|
1089
Alkermes
ALKS
$8.22B
| $66.8M | 0.01% |
2,871,803
+61,474
| +2% | +$1.62M |
|
|
TXNM
1090
TXNM Energy Inc
TXNM
$6.41B
| $66.8M | 0.01% |
1,463,652
+36,991
| +3% | +$1.78M |
|
1091
Independent Bank
INDB
$3.99B
| $66.5M | 0.01% |
815,167
+230,313
| +39% | +$19.1M |
|
1092
Element Solutions
ESI
$8.95B
| $66.4M | 0.01% |
2,735,965
+91,305
| +3% | +$2.16M |
|
1093
MSC Industrial Direct
MSM
$6.89B
| $66.3M | 0.01% |
789,186
+166,064
| +27% | +$13.9M |
|
|
SEM
1094
DELISTED
Select Medical
SEM
| $66.3M | 0.01% |
4,187,771
+278,836
| +7% | +$4.76M |
|
|
PINC
1095
DELISTED
Premier
PINC
| $66.3M | 0.01% |
1,610,212
+88,232
| +6% | +$3.48M |
|
1096
MasTec
MTZ
$21.1B
| $66.2M | 0.01% |
717,627
+20,618
| +3% | +$1.88M |
|
1097
Sabra Healthcare REIT
SBRA
$5.34B
| $66.2M | 0.01% |
4,886,869
+383,968
| +9% | +$5.43M |
|
1098
Travel + Leisure Co
TNL
$4.66B
| $66.1M | 0.01% |
1,196,598
+20,867
| +2% | +$1.12M |
|
1099
Insight Enterprises
NSIT
$3.89B
| $66.1M | 0.01% |
620,035
+6,802
| +1% | +$677K |
|
1100
Valmont Industries
VMI
$9.3B
| $65.9M | 0.01% |
263,268
+9,290
| +4% | +$2.28M |
|
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.