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 | |
|---|---|---|---|---|---|---|
|
KW
1251
DELISTED
Kennedy-Wilson Holdings
KW
| $53.9M | 0.01% |
2,258,521
+17,814
| +0.8% | +$406K |
|
1252
Dorman Products
DORM
$3.81B
| $53.9M | 0.01% |
477,077
-2,062
| -0.4% | -$224K |
|
1253
H&R Block
HRB
$5.77B
| $53.9M | 0.01% |
2,285,359
-45,832
| -2% | -$1.11M |
|
1254
Itron
ITRI
$4.45B
| $53.7M | 0.01% |
784,432
+23,395
| +3% | +$1.65M |
|
1255
BWX Technologies
BWXT
$15.9B
| $53.7M | 0.01% |
1,120,789
-3,802
| -0.3% | -$199K |
|
1256
Bread Financial
BFH
$4.49B
| $53.5M | 0.01% |
803,676
-147,727
| -16% | -$10.9M |
|
|
NARI
1257
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $53.5M | 0.01% |
586,379
+19,965
| +4% | +$1.71M |
|
1258
NorthWestern Energy
NWE
$4.23B
| $53.5M | 0.01% |
936,102
+23,908
| +3% | +$1.36M |
|
1259
Chegg
CHGG
$113M
| $53.4M | 0.01% |
1,738,791
+11,403
| +0.7% | +$463K |
|
|
ACH
1260
Accendra Health
ACH
$261M
| $53.3M | 0.01% |
1,226,240
+20,092
| +2% | +$788K |
|
1261
CarGurus
CARG
$3.35B
| $53.2M | 0.01% |
1,582,858
+39,587
| +3% | +$1.39M |
|
|
OCDX
1262
DELISTED
Ortho Clinical Diagnostics Holdings plc Ordinary Shares
OCDX
| $53.2M | 0.01% |
2,488,314
+19,996
| +0.8% | +$394K |
|
1263
Bloom Energy
BE
$64.8B
| $53.2M | 0.01% |
2,426,156
+77,018
| +3% | +$1.95M |
|
1264
Carter's
CRI
$1.49B
| $53.2M | 0.01% |
525,278
-1,926
| -0.4% | -$196K |
|
1265
Flowserve
FLS
$9.78B
| $53M | 0.01% |
1,732,194
+144,062
| +9% | +$4.76M |
|
1266
FirstCash
FCFS
$9.04B
| $53M | 0.01% |
707,923
+15,347
| +2% | +$1.18M |
|
1267
MGE Energy Inc
MGEE
$3.02B
| $52.8M | 0.01% |
642,371
+27,762
| +5% | +$2.13M |
|
1268
Brink's
BCO
$4.81B
| $52.8M | 0.01% |
805,166
+13,647
| +2% | +$879K |
|
1269
Vishay Intertechnology
VSH
$5.39B
| $52.8M | 0.01% |
2,412,557
+158,038
| +7% | +$3.25M |
|
1270
Spectrum Brands
SPB
$2.04B
| $52.8M | 0.01% |
518,664
+27,266
| +6% | +$2.68M |
|
1271
Prestige Consumer Healthcare
PBH
$2.45B
| $52.7M | 0.01% |
868,889
+15,686
| +2% | +$931K |
|
1272
Freshpet
FRPT
$2.91B
| $52.6M | 0.01% |
552,406
+17,090
| +3% | +$2.12M |
|
1273
Badger Meter
BMI
$3.99B
| $52.6M | 0.01% |
493,808
+16,507
| +3% | +$1.74M |
|
1274
Axos Financial
AX
$5.92B
| $52.5M | 0.01% |
939,655
+14,589
| +2% | +$816K |
|
1275
MillerKnoll
MLKN
$1.62B
| $52.5M | 0.01% |
1,340,145
+9,527
| +0.7% | +$371K |
|
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.