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 | |
|---|---|---|---|---|---|---|
1176
Cathay General Bancorp
CATY
$4.27B
| $59.7M | 0.01% |
1,388,627
-26,441
| -2% | -$1.14M |
|
1177
Commault Systems
CVLT
$5.09B
| $59.6M | 0.01% |
864,779
-852
| -0.1% | -$58.1K |
|
1178
EnerSys
ENS
$6.85B
| $59.6M | 0.01% |
753,718
+8,842
| +1% | +$691K |
|
1179
Fluor
FLR
$7.06B
| $59.5M | 0.01% |
2,403,904
+127,428
| +6% | +$2.71M |
|
1180
Newmark Group
NMRK
$2.7B
| $59.5M | 0.01% |
3,179,585
+3,033
| +0.1% | +$48.3K |
|
1181
Hyatt Hotels
H
$16.3B
| $59.4M | 0.01% |
619,594
+29,788
| +5% | +$2.54M |
|
1182
Advanced Energy
AEIS
$11.6B
| $59.4M | 0.01% |
652,023
+2,968
| +0.5% | +$264K |
|
1183
WD-40
WDFC
$3.07B
| $59.2M | 0.01% |
242,113
+1,968
| +0.8% | +$458K |
|
|
MZTI
1184
The Marzetti Company
MZTI
$3.05B
| $59.1M | 0.01% |
356,874
+9,141
| +3% | +$1.5M |
|
|
RCM
1185
DELISTED
R1 RCM Inc. Common Stock
RCM
| $59M | 0.01% |
2,315,228
+27,987
| +1% | +$671K |
|
|
ALE
1186
DELISTED
Allete
ALE
| $59M | 0.01% |
889,237
+34,540
| +4% | +$2.16M |
|
1187
Ryder
R
$9.95B
| $58.9M | 0.01% |
714,780
-42,648
| -6% | -$3.58M |
|
1188
Ameris Bancorp
ABCB
$5.91B
| $58.9M | 0.01% |
1,185,179
+39,578
| +3% | +$2.05M |
|
|
ARNC
1189
DELISTED
Arconic Corporation
ARNC
| $58.8M | 0.01% |
1,781,202
-122,813
| -6% | -$3.8M |
|
|
EQC
1190
DELISTED
Equity Commonwealth
EQC
| $58.7M | 0.01% |
2,266,840
-61,502
| -3% | -$1.6M |
|
1191
Pebblebrook Hotel Trust
PEB
$2.16B
| $58.7M | 0.01% |
2,623,913
-12,088
| -0.5% | -$272K |
|
1192
Simmons First National
SFNC
$3.44B
| $58.6M | 0.01% |
1,982,719
+85,968
| +5% | +$2.61M |
|
|
AL
1193
DELISTED
Air Lease Corp
AL
| $58.6M | 0.01% |
1,325,528
+53,953
| +4% | +$2.34M |
|
1194
ASML
ASML
$627B
| $58.6M | 0.01% |
73,567
+1,199
| +2% | +$952K |
|
1195
United Parks & Resorts
PRKS
$2.15B
| $58.5M | 0.01% |
902,533
+50,414
| +6% | +$3.17M |
|
1196
Boston Beer
SAM
$1.92B
| $58.4M | 0.01% |
115,699
+1,465
| +1% | +$732K |
|
1197
Zillow
ZG
$8.09B
| $58.4M | 0.01% |
940,053
+184,507
| +24% | +$13.2M |
|
1198
LGI Homes
LGIH
$1.29B
| $58.1M | 0.01% |
376,065
+4,848
| +1% | +$710K |
|
1199
NetEase
NTES
$84.6B
| $58.1M | 0.01% |
573,001
-1,161,993
| -67% | -$118M |
|
1200
Installed Building Products
IBP
$6.16B
| $58M | 0.01% |
415,278
+20,361
| +5% | +$2.6M |
|
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.