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 | |
|---|---|---|---|---|---|---|
1101
Twist Bioscience
TWST
$5.74B
| $65.9M | 0.01% |
851,424
+10,796
| +1% | +$1.11M |
|
1102
Resideo Technologies
REZI
$5.35B
| $65.9M | 0.01% |
2,530,943
+117,498
| +5% | +$3.05M |
|
1103
Arvinas
ARVN
$512M
| $65.8M | 0.01% |
801,620
+39,491
| +5% | +$3.21M |
|
|
ALTR
1104
DELISTED
Altair Engineering Inc
ALTR
| $65.7M | 0.01% |
849,403
+56,026
| +7% | +$4.19M |
|
|
LTHM
1105
DELISTED
Livent Corporation
LTHM
| $65.7M | 0.01% |
2,693,089
+93,089
| +4% | +$2.53M |
|
1106
Rithm Capital
RITM
$5.65B
| $65.7M | 0.01% |
6,130,295
+219,821
| +4% | +$2.45M |
|
1107
Moelis & Co
MC
$4.99B
| $65.4M | 0.01% |
1,046,142
+45,889
| +5% | +$3.07M |
|
1108
Herc Holdings
HRI
$5.21B
| $65.2M | 0.01% |
416,729
+1,316
| +0.3% | +$232K |
|
1109
Cytokinetics
CYTK
$10.3B
| $65.1M | 0.01% |
1,428,622
+30,574
| +2% | +$1.18M |
|
1110
Group 1 Automotive
GPI
$3.47B
| $65.1M | 0.01% |
333,536
+2,824
| +0.9% | +$549K |
|
|
MNDT
1111
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $64.7M | 0.01% |
3,687,120
-127,411
| -3% | -$2.24M |
|
1112
Clean Harbors
CLH
$16.5B
| $64.5M | 0.01% |
646,909
-94,489
| -13% | -$9.96M |
|
1113
LCI Industries
LCII
$2.59B
| $64.2M | 0.01% |
412,021
+13,098
| +3% | +$1.95M |
|
1114
American Eagle Outfitters
AEO
$2.95B
| $64.1M | 0.01% |
2,533,446
+42,266
| +2% | +$1.08M |
|
1115
Hamilton Lane
HLNE
$5.12B
| $64.1M | 0.01% |
618,546
+27,922
| +5% | +$2.87M |
|
1116
Federated Hermes
FHI
$4.73B
| $64.1M | 0.01% |
1,705,238
-64,348
| -4% | -$2.23M |
|
|
FOCS
1117
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $64.1M | 0.01% |
1,072,551
+9,383
| +0.9% | +$584K |
|
|
APLS
1118
DELISTED
Apellis Pharmaceuticals
APLS
| $64M | 0.01% |
1,352,829
+164,437
| +14% | +$6.47M |
|
1119
American States Water
AWR
$3.39B
| $63.9M | 0.01% |
617,443
-13,895
| -2% | -$1.31M |
|
1120
Crane NXT
CXT
$3.04B
| $63.8M | 0.01% |
1,804,788
+62,483
| +4% | +$2.17M |
|
1121
ICU Medical
ICUI
$4.35B
| $63.8M | 0.01% |
268,665
+9,832
| +4% | +$2.3M |
|
1122
Mercado Libre
MELI
$96.1B
| $63.7M | 0.01% |
48,068
-2,667
| -5% | -$3.75M |
|
1123
HealthEquity
HQY
$8.64B
| $63.6M | 0.01% |
1,438,390
+23,466
| +2% | +$1.37M |
|
1124
QuantumScape Corp
QS
$3.33B
| $63.4M | 0.01% |
2,858,370
+326,883
| +13% | +$8.95M |
|
|
UCB
1125
United Community Banks
UCB
$4.29B
| $63.4M | 0.01% |
1,763,792
+185,209
| +12% | +$6.47M |
|
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.