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 | |
|---|---|---|---|---|---|---|
1226
Artisan Partners
APAM
$2.92B
| $55.6M | 0.01% |
1,166,911
-225,548
| -16% | -$10.8M |
|
1227
Avnet
AVT
$7.25B
| $55.6M | 0.01% |
1,348,314
+71,654
| +6% | +$2.77M |
|
1228
Zentalis Pharmaceuticals
ZNTL
$340M
| $55.6M | 0.01% |
661,211
+18,557
| +3% | +$1.44M |
|
1229
Ionis Pharmaceuticals
IONS
$8.92B
| $55.5M | 0.01% |
1,825,226
+52,459
| +3% | +$1.65M |
|
|
SPR
1230
DELISTED
Spirit AeroSystems
SPR
| $55.5M | 0.01% |
1,288,927
+44,446
| +4% | +$1.9M |
|
1231
Dana Inc
DAN
$2.94B
| $55.5M | 0.01% |
2,433,538
+102,207
| +4% | +$2.37M |
|
1232
Marathon Digital Holdings
MARA
$4.47B
| $55.5M | 0.01% |
1,688,561
+36,312
| +2% | +$1.74M |
|
1233
Otter Tail
OTTR
$3.81B
| $55.3M | 0.01% |
774,243
+16,508
| +2% | +$1.07M |
|
1234
AXIS Capital
AXS
$7.69B
| $55.2M | 0.01% |
1,014,223
+98,948
| +11% | +$5.12M |
|
|
MDC
1235
DELISTED
M.D.C. Holdings, Inc.
MDC
| $55.2M | 0.01% |
989,350
-8,746
| -0.9% | -$445K |
|
|
ESGR
1236
DELISTED
Enstar Group
ESGR
| $55.2M | 0.01% |
222,960
+1,329
| +0.6% | +$315K |
|
|
TPH
1237
DELISTED
Tri Pointe Homes
TPH
| $55M | 0.01% |
1,971,430
+33,068
| +2% | +$832K |
|
1238
LiveRamp
RAMP
$2.3B
| $54.9M | 0.01% |
1,145,092
+36,004
| +3% | +$1.81M |
|
1239
Boise Cascade
BCC
$2.84B
| $54.8M | 0.01% |
769,714
-8,080
| -1% | -$521K |
|
1240
Hexcel
HXL
$7.78B
| $54.7M | 0.01% |
1,055,738
+37,747
| +4% | +$2.14M |
|
|
FOLD
1241
DELISTED
Amicus Therapeutics
FOLD
| $54.6M | 0.01% |
4,726,733
+275,911
| +6% | +$3.07M |
|
1242
Visteon
VC
$2.79B
| $54.5M | 0.01% |
490,347
+23,375
| +5% | +$2.6M |
|
|
AEL
1243
DELISTED
American Equity Investment Life Holding Company
AEL
| $54.5M | 0.01% |
1,399,612
+48,909
| +4% | +$1.71M |
|
|
CALY
1244
Callaway Golf Company
CALY
$3.4B
| $54.4M | 0.01% |
1,983,321
+74,207
| +4% | +$2.06M |
|
1245
Belden
BDC
$4.88B
| $54.4M | 0.01% |
827,711
+81,190
| +11% | +$5.09M |
|
1246
EPR Properties
EPR
$4.69B
| $54.4M | 0.01% |
1,144,701
+19,418
| +2% | +$964K |
|
1247
Wheaton Precious Metals
WPM
$50.3B
| $54.2M | 0.01% |
1,263,726
+78,288
| +7% | +$3.22M |
|
1248
Red Rock Resorts
RRR
$3.81B
| $54.2M | 0.01% |
985,049
-57,533
| -6% | -$2.99M |
|
1249
Coca-Cola Consolidated
COKE
$12.2B
| $54.2M | 0.01% |
875,100
+450
| +0.1% | +$22.2K |
|
|
NVTA
1250
DELISTED
Invitae Corporation
NVTA
| $54M | 0.01% |
3,537,183
+219,170
| +7% | +$4.74M |
|
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.