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 | |
|---|---|---|---|---|---|---|
1151
JetBlue
JBLU
$2.38B
| $61.8M | 0.01% |
4,336,969
+276,041
| +7% | +$4.06M |
|
1152
TD Synnex
SNX
$20.5B
| $61.7M | 0.01% |
539,234
-15,928
| -3% | -$1.73M |
|
1153
COPT Defense Properties
CDP
$4.29B
| $61.6M | 0.01% |
2,203,858
+56,537
| +3% | +$1.56M |
|
1154
Unifirst Corp
UNF
$5.31B
| $61.5M | 0.01% |
292,208
+9,425
| +3% | +$1.93M |
|
|
LSXMA
1155
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $61.4M | 0.01% |
1,646,670
+243,009
| +17% | +$8.97M |
|
1156
Navient
NAVI
$826M
| $61.3M | 0.01% |
2,887,691
-46,968
| -2% | -$949K |
|
1157
Ormat Technologies
ORA
$5.95B
| $61.2M | 0.01% |
772,308
+10,304
| +1% | +$778K |
|
1158
Blackbaud
BLKB
$2.03B
| $61.2M | 0.01% |
774,974
+611
| +0.1% | +$47.2K |
|
|
AIMC
1159
DELISTED
Altra Industrial Motion Corp
AIMC
| $60.9M | 0.01% |
1,181,463
+28,473
| +2% | +$1.56M |
|
1160
Sprouts Farmers Market
SFM
$8.38B
| $60.8M | 0.01% |
2,047,909
+54,603
| +3% | +$1.37M |
|
|
FLOW
1161
DELISTED
SPX FLOW, Inc.
FLOW
| $60.6M | 0.01% |
701,038
+22,783
| +3% | +$1.83M |
|
|
ONC
1162
BeOne Medicines Ltd
ONC
$32.2B
| $60.6M | 0.01% |
225,023
+18,307
| +9% | +$6.18M |
|
|
UNVR
1163
DELISTED
Univar Solutions Inc.
UNVR
| $60.3M | 0.01% |
2,128,342
+87,109
| +4% | +$2.35M |
|
1164
Celsius Holdings
CELH
$7.37B
| $60.3M | 0.01% |
2,424,336
+23,757
| +1% | +$657K |
|
1165
MP Materials
MP
$7.75B
| $60.2M | 0.01% |
1,325,011
+193,078
| +17% | +$7.61M |
|
1166
Independence Realty Trust
IRT
$3.94B
| $60.1M | 0.01% |
2,327,698
+169,529
| +8% | +$4.01M |
|
1167
Thomson Reuters
TRI
$44.5B
| $60.1M | 0.01% |
476,524
+25,808
| +6% | +$3.21M |
|
|
CIM
1168
Chimera Investment
CIM
$1.06B
| $60M | 0.01% |
1,326,944
+12,317
| +0.9% | +$582K |
|
|
ISBC
1169
DELISTED
Investors Bancorp, Inc.
ISBC
| $60M | 0.01% |
3,957,372
+164,453
| +4% | +$2.53M |
|
1170
Progyny
PGNY
$2.48B
| $59.9M | 0.01% |
1,189,815
+54,626
| +5% | +$3.06M |
|
|
VRNT
1171
DELISTED
Verint Systems
VRNT
| $59.9M | 0.01% |
1,140,499
+4,056
| +0.4% | +$195K |
|
1172
Comfort Systems
FIX
$61.5B
| $59.8M | 0.01% |
604,794
+3,941
| +0.7% | +$364K |
|
1173
Boot Barn
BOOT
$4.86B
| $59.8M | 0.01% |
486,182
-1,665
| -0.3% | -$188K |
|
1174
iRhythm Holdings
IRTC
$4.03B
| $59.8M | 0.01% |
508,000
+15,996
| +3% | +$1.47M |
|
1175
Maravai LifeSciences
MRVI
$953M
| $59.8M | 0.01% |
1,426,294
+90,917
| +7% | +$3.68M |
|
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.