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 | |
|---|---|---|---|---|---|---|
1376
DigitalOcean
DOCN
$14.9B
| $45.5M | 0.01% |
566,463
+41,415
| +8% | +$3.88M |
|
1377
CryoPort
CYRX
$781M
| $45.2M | 0.01% |
764,252
+13,574
| +2% | +$939K |
|
|
AXNX
1378
DELISTED
Axonics, Inc. Common Stock
AXNX
| $45.1M | 0.01% |
805,312
+23,347
| +3% | +$1.43M |
|
|
NOVA
1379
DELISTED
Sunnova Energy
NOVA
| $45M | 0.01% |
1,612,392
+107,407
| +7% | +$3.87M |
|
1380
Haemonetics
HAE
$3.94B
| $45M | 0.01% |
848,356
+17,397
| +2% | +$1.06M |
|
|
BDN
1381
Brandywine Realty Trust
BDN
$541M
| $45M | 0.01% |
3,350,084
-74,828
| -2% | -$1.03M |
|
1382
PagerDuty
PD
$856M
| $44.9M | 0.01% |
1,291,311
+39,857
| +3% | +$1.54M |
|
|
ONEM
1383
DELISTED
1Life Healthcare
ONEM
| $44.8M | 0.01% |
2,547,759
+593,949
| +30% | +$11.5M |
|
|
UCTT
1384
Ultra Clean Holdings
UCTT
$4B
| $44.7M | 0.01% |
779,451
+17,820
| +2% | +$927K |
|
1385
3D Systems Corp
DDD
$462M
| $44.6M | 0.01% |
2,072,901
+31,734
| +2% | +$801K |
|
1386
Winnebago Industries
WGO
$885M
| $44.6M | 0.01% |
595,850
+39,418
| +7% | +$2.84M |
|
1387
BioCryst Pharmaceuticals
BCRX
$2.24B
| $44.6M | 0.01% |
3,218,476
+78,977
| +3% | +$1.05M |
|
1388
Kirby Corp
KEX
$6.98B
| $44.5M | 0.01% |
749,472
+21,091
| +3% | +$1.18M |
|
1389
Nu Skin
NUS
$251M
| $44.5M | 0.01% |
877,343
-17,625
| -2% | -$783K |
|
1390
Liberty Global Class A
LBTYA
$3.71B
| $44.5M | 0.01% |
1,605,895
-82,212
| -5% | -$2.34M |
|
1391
International Bancshares
IBOC
$4.74B
| $44.4M | 0.01% |
1,048,121
+24,514
| +2% | +$1.05M |
|
1392
Coty
COTY
$2.46B
| $44.3M | 0.01% |
4,217,807
+212,339
| +5% | +$1.99M |
|
1393
SPX Corp
SPXC
$10.7B
| $44.2M | 0.01% |
740,215
+32,506
| +5% | +$1.97M |
|
|
CFLT
1394
DELISTED
Confluent
CFLT
| $44.1M | 0.01% |
578,955
+342,782
| +145% | +$24.7M |
|
1395
Appian
APPN
$2.03B
| $44.1M | 0.01% |
676,861
-1,460
| -0.2% | -$121K |
|
1396
Helmerich & Payne
HP
$3.41B
| $44M | 0.01% |
1,855,801
+18,080
| +1% | +$515K |
|
1397
Ligand Pharmaceuticals
LGND
$5.85B
| $44M | 0.01% |
456,315
+13,863
| +3% | +$1.28M |
|
1398
Kemper
KMPR
$1.72B
| $44M | 0.01% |
747,772
+25,145
| +3% | +$1.53M |
|
|
CIVI
1399
DELISTED
Civitas Resources
CIVI
| $43.9M | 0.01% |
897,387
+369,526
| +70% | +$19.6M |
|
1400
TG Therapeutics
TGTX
$7.07B
| $43.9M | 0.01% |
2,309,837
+7,459
| +0.3% | +$194K |
|
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.