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 | |
|---|---|---|---|---|---|---|
1401
Kadant
KAI
$3.83B
| $43.9M | 0.01% |
190,300
+204
| +0.1% | +$45.5K |
|
|
SWCH
1402
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $43.8M | 0.01% |
1,529,589
+110,588
| +8% | +$2.89M |
|
1403
Brady Corp
BRC
$4.52B
| $43.8M | 0.01% |
812,146
+47,578
| +6% | +$2.49M |
|
|
BBBY
1404
Bed Bath & Beyond
BBBY
$507M
| $43.8M | 0.01% |
815,817
+16,725
| +2% | +$1.26M |
|
1405
NETSCOUT
NTCT
$2.98B
| $43.7M | 0.01% |
1,320,784
+18,558
| +1% | +$563K |
|
1406
Cenovus Energy
CVE
$54.5B
| $43.6M | 0.01% |
3,565,027
+280,555
| +9% | +$3.36M |
|
1407
Federal Signal
FSS
$7.88B
| $43.5M | 0.01% |
1,004,603
+3,058
| +0.3% | +$133K |
|
1408
Century Communities
CCS
$1.96B
| $43.5M | 0.01% |
532,311
+4,476
| +0.8% | +$320K |
|
1409
Chesapeake Utilities
CPK
$3.21B
| $43.5M | 0.01% |
298,522
+4,460
| +2% | +$593K |
|
|
AYX
1410
DELISTED
Alteryx Inc
AYX
| $43.5M | 0.01% |
719,357
+26,266
| +4% | +$1.81M |
|
1411
Goosehead Insurance
GSHD
$2.33B
| $43.4M | 0.01% |
333,911
+18,025
| +6% | +$2.59M |
|
1412
Axcelis
ACLS
$4.03B
| $43.4M | 0.01% |
582,150
+12,724
| +2% | +$754K |
|
1413
John Wiley & Sons Class A
WLY
$2.7B
| $43.4M | 0.01% |
757,706
+26,198
| +4% | +$1.42M |
|
1414
Kornit Digital
KRNT
$734M
| $43.4M | 0.01% |
285,833
+220,672
| +339% | +$34M |
|
1415
Cohen & Steers
CNS
$4.35B
| $43.4M | 0.01% |
468,713
+14,553
| +3% | +$1.35M |
|
1416
Urban Edge Properties
UE
$2.85B
| $43.3M | 0.01% |
2,280,597
-20,455
| -0.9% | -$375K |
|
1417
Viasat
VSAT
$11.2B
| $43.2M | 0.01% |
969,291
+27,830
| +3% | +$1.44M |
|
1418
Energizer
ENR
$1.45B
| $43.2M | 0.01% |
1,076,188
+19,772
| +2% | +$759K |
|
|
CWEN.A
1419
DELISTED
Clearway Energy Class A
CWEN.A
| $43.1M | 0.01% |
1,287,051
-11,545
| -0.9% | -$379K |
|
|
TPTX
1420
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $43M | 0.01% |
901,383
+70,983
| +9% | +$3.17M |
|
|
OPTU
1421
Optimum Communications Inc
OPTU
$336M
| $42.9M | 0.01% |
2,654,143
+53,666
| +2% | +$910K |
|
1422
Albertsons Companies
ACI
$5.58B
| $42.8M | 0.01% |
1,419,147
+99,594
| +8% | +$3.16M |
|
|
MDRX
1423
DELISTED
Veradigm Inc. Common Stock
MDRX
| $42.8M | 0.01% |
2,321,485
-234,656
| -9% | -$3.73M |
|
1424
Assured Guaranty
AGO
$3.72B
| $42.8M | 0.01% |
853,206
-6,620
| -0.8% | -$341K |
|
1425
WSFS Financial
WSFS
$4.19B
| $42.7M | 0.01% |
851,361
+1,572
| +0.2% | +$82.3K |
|
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.