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 | |
|---|---|---|---|---|---|---|
1126
Matsons
MATX
$6.14B
| $63.3M | 0.01% |
703,320
-17,845
| -2% | -$1.52M |
|
1127
Mueller Industries
MLI
$14.7B
| $63.2M | 0.01% |
4,262,044
+409,756
| +11% | +$5.54M |
|
|
HI
1128
DELISTED
Hillenbrand
HI
| $63.2M | 0.01% |
1,216,471
+44,768
| +4% | +$2.14M |
|
1129
Webster Financial
WBS
$12.6B
| $63.2M | 0.01% |
1,132,412
+42,496
| +4% | +$2.39M |
|
1130
California Water Service
CWT
$3.14B
| $63.2M | 0.01% |
879,479
+15,938
| +2% | +$1.02M |
|
|
AZEK
1131
DELISTED
The AZEK Co
AZEK
| $63.1M | 0.01% |
1,365,263
+28,716
| +2% | +$1.14M |
|
1132
Sonos
SONO
$1.81B
| $63.1M | 0.01% |
2,118,303
+34,018
| +2% | +$1.08M |
|
|
DEN
1133
DELISTED
Denbury Inc.
DEN
| $63M | 0.01% |
822,570
+17,174
| +2% | +$1.36M |
|
1134
Werner Enterprises
WERN
$2.25B
| $62.9M | 0.01% |
1,320,117
-30,843
| -2% | -$1.41M |
|
1135
Bankunited
BKU
$3.4B
| $62.9M | 0.01% |
1,485,927
-7,403
| -0.5% | -$310K |
|
1136
Saic
SAIC
$5.05B
| $62.9M | 0.01% |
751,963
+13,443
| +2% | +$1.17M |
|
1137
Home BancShares
HOMB
$6.3B
| $62.8M | 0.01% |
2,579,511
-29,167
| -1% | -$718K |
|
1138
Simply Good Foods
SMPL
$955M
| $62.6M | 0.01% |
1,506,904
+51,312
| +4% | +$1.96M |
|
1139
Steven Madden
SHOO
$3.5B
| $62.6M | 0.01% |
1,346,918
-15,052
| -1% | -$693K |
|
1140
Howard Hughes
HHH
$3.87B
| $62.5M | 0.01% |
644,385
+6,764
| +1% | +$592K |
|
1141
Magna International
MGA
$18.8B
| $62.5M | 0.01% |
776,605
+45,508
| +6% | +$3.7M |
|
|
STL
1142
DELISTED
Sterling Bancorp
STL
| $62.3M | 0.01% |
2,415,558
+111,519
| +5% | +$2.88M |
|
1143
MGIC Investment
MTG
$6.29B
| $62.3M | 0.01% |
4,319,826
+20,100
| +0.5% | +$305K |
|
1144
KB Home
KBH
$3.46B
| $62.2M | 0.01% |
1,391,329
-86,993
| -6% | -$3.64M |
|
|
UNIT
1145
Uniti Group
UNIT
$2.33B
| $62.2M | 0.01% |
4,437,625
+184,977
| +4% | +$2.46M |
|
1146
Timken Company
TKR
$9.74B
| $62.1M | 0.01% |
896,074
+24,949
| +3% | +$1.75M |
|
1147
Cushman & Wakefield Ltd
CWK
$3.19B
| $62M | 0.01% |
2,789,167
+99,402
| +4% | +$1.92M |
|
1148
Pegasystems
PEGA
$5.19B
| $62M | 0.01% |
1,109,256
+29,662
| +3% | +$1.76M |
|
1149
GATX Corp
GATX
$6.43B
| $61.8M | 0.01% |
593,110
+22,792
| +4% | +$2.27M |
|
1150
FormFactor
FORM
$8.13B
| $61.8M | 0.01% |
1,351,097
+45,192
| +3% | +$1.85M |
|
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.