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 | |
|---|---|---|---|---|---|---|
1326
Sanmina
SANM
$10.4B
| $49.1M | 0.01% |
1,184,784
+82,865
| +8% | +$3.26M |
|
|
ROIC
1327
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $49.1M | 0.01% |
2,505,911
-34,004
| -1% | -$626K |
|
|
VSTO
1328
DELISTED
Vista Outdoor Inc.
VSTO
| $49.1M | 0.01% |
1,065,897
+70,756
| +7% | +$3.02M |
|
1329
Pembina Pipeline
PBA
$28B
| $49.1M | 0.01% |
1,610,991
+96,733
| +6% | +$3.08M |
|
1330
Piper Sandler
PIPR
$5.13B
| $49.1M | 0.01% |
1,099,828
-19,864
| -2% | -$844K |
|
|
OSH
1331
DELISTED
Oak Street Health, Inc.
OSH
| $49M | 0.01% |
1,480,600
+56,760
| +4% | +$2.15M |
|
1332
Dycom Industries
DY
$12.5B
| $48.9M | 0.01% |
522,014
+16,361
| +3% | +$1.38M |
|
1333
Triumph Financial Inc
TFIN
$1.83B
| $48.9M | 0.01% |
410,537
+7,043
| +2% | +$844K |
|
|
GMS
1334
DELISTED
GMS Inc
GMS
| $48.8M | 0.01% |
812,541
+8,548
| +1% | +$461K |
|
1335
FNB Corp
FNB
$6.83B
| $48.8M | 0.01% |
4,019,412
+180,352
| +5% | +$2.18M |
|
1336
First Bancorp
FBP
$4.43B
| $48.7M | 0.01% |
3,537,011
-79,182
| -2% | -$1.09M |
|
1337
Columbia Banking Systems
COLB
$8.91B
| $48.7M | 0.01% |
1,489,091
+112,129
| +8% | +$3.88M |
|
1338
Vicor
VICR
$9.85B
| $48.7M | 0.01% |
383,272
+13,402
| +4% | +$1.9M |
|
1339
Amkor Technology
AMKR
$12.6B
| $48.6M | 0.01% |
1,962,395
-30,412
| -2% | -$708K |
|
1340
Integer Holdings
ITGR
$4.23B
| $48.6M | 0.01% |
568,137
+17,775
| +3% | +$1.55M |
|
1341
Columbia Sportswear
COLM
$3B
| $48.6M | 0.01% |
498,456
+25,737
| +5% | +$2.56M |
|
1342
Silgan Holdings
SLGN
$4.37B
| $48.5M | 0.01% |
1,131,293
+50,249
| +5% | +$2.07M |
|
1343
Restaurant Brands International
QSR
$25.3B
| $48.4M | 0.01% |
802,122
+72,707
| +10% | +$4.29M |
|
1344
CVB Financial
CVBF
$4.03B
| $48.4M | 0.01% |
2,262,172
-7,535
| -0.3% | -$154K |
|
|
IBTX
1345
DELISTED
Independent Bank Group, Inc.
IBTX
| $48.3M | 0.01% |
669,235
-19,475
| -3% | -$1.41M |
|
1346
Medifast
MED
$108M
| $48M | 0.01% |
229,196
+24,903
| +12% | +$5.15M |
|
|
SJI
1347
DELISTED
South Jersey Industries, Inc.
SJI
| $48M | 0.01% |
1,836,199
+13,854
| +0.8% | +$329K |
|
1348
Qiagen
QGEN
$8.73B
| $47.9M | 0.01% |
813,153
-1,587
| -0.2% | -$91K |
|
1349
Plexus
PLXS
$6.98B
| $47.9M | 0.01% |
499,588
+19,300
| +4% | +$1.78M |
|
1350
Yelp
YELP
$1.47B
| $47.5M | 0.01% |
1,310,258
+94,402
| +8% | +$3.55M |
|
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.