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 | |
|---|---|---|---|---|---|---|
1351
Open Text
OTEX
$6.34B
| $47.5M | 0.01% |
996,689
+112,912
| +13% | +$5.55M |
|
1352
Ingevity
NGVT
$2.52B
| $47.3M | 0.01% |
660,251
+21,081
| +3% | +$1.6M |
|
|
PDM
1353
Piedmont Realty Trust
PDM
$1.24B
| $47.3M | 0.01% |
2,575,230
-215
| -0% | -$3.94K |
|
1354
Teva Pharmaceuticals
TEVA
$40.2B
| $47.3M | 0.01% |
5,929,402
+207,724
| +4% | +$1.87M |
|
|
MNTV
1355
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $47.3M | 0.01% |
2,236,346
+33,815
| +2% | +$744K |
|
|
AAWW
1356
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $46.9M | 0.01% |
498,554
+22,969
| +5% | +$1.98M |
|
1357
RLJ Lodging Trust
RLJ
$1.87B
| $46.9M | 0.01% |
3,365,166
-15,251
| -0.5% | -$214K |
|
1358
Albany International
AIN
$2.13B
| $46.9M | 0.01% |
529,710
+16,493
| +3% | +$1.39M |
|
1359
Hecla Mining
HL
$9.68B
| $46.7M | 0.01% |
8,949,418
-75,481
| -0.8% | -$422K |
|
1360
Fastly Inc
FSLY
$3.6B
| $46.5M | 0.01% |
1,310,470
+44,439
| +4% | +$1.93M |
|
1361
First Hawaiian
FHB
$3.41B
| $46.4M | 0.01% |
1,698,374
+62,921
| +4% | +$1.76M |
|
1362
Chewy
CHWY
$9.4B
| $46.4M | 0.01% |
788,037
+41,220
| +6% | +$2.7M |
|
|
NVRO
1363
DELISTED
NEVRO CORP.
NVRO
| $46.4M | 0.01% |
571,954
+10,053
| +2% | +$1.01M |
|
1364
Grand Canyon Education
LOPE
$3.93B
| $46.4M | 0.01% |
540,978
-57,211
| -10% | -$4.72M |
|
1365
Tronox
TROX
$909M
| $46.4M | 0.01% |
1,928,995
+30,059
| +2% | +$719K |
|
|
NUVA
1366
DELISTED
NuVasive, Inc.
NUVA
| $46.3M | 0.01% |
882,705
-4,822
| -0.5% | -$262K |
|
1367
CareTrust REIT
CTRE
$9.74B
| $46.3M | 0.01% |
2,027,589
-21,597
| -1% | -$457K |
|
1368
United Natural Foods
UNFI
$2.87B
| $46.2M | 0.01% |
940,605
+9,542
| +1% | +$461K |
|
|
DOOR
1369
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $46M | 0.01% |
389,902
+7,033
| +2% | +$805K |
|
1370
Four Corners Property Trust
FCPT
$2.78B
| $45.9M | 0.01% |
1,559,228
+37,666
| +2% | +$1.07M |
|
1371
BOK Financial
BOKF
$8.74B
| $45.8M | 0.01% |
433,920
+18,415
| +4% | +$1.89M |
|
1372
Kyndryl
KD
$3.07B
| $45.8M | 0.01% |
+2,528,375
| New | +$54.6M |
|
1373
Arcosa
ACA
$7.14B
| $45.6M | 0.01% |
865,930
+79,426
| +10% | +$4.25M |
|
1374
TechTarget
TTGT
$323M
| $45.6M | 0.01% |
476,579
+32,787
| +7% | +$3.08M |
|
1375
Shake Shack
SHAK
$2.61B
| $45.6M | 0.01% |
631,548
-6,080
| -1% | -$462K |
|
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.