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 | |
|---|---|---|---|---|---|---|
1451
WaFd
WAFD
$2.76B
| $41.5M | 0.01% |
1,242,790
+21,146
| +2% | +$729K |
|
1452
nCino
NCNO
$2.1B
| $41.5M | 0.01% |
756,060
+38,980
| +5% | +$2.53M |
|
1453
Blue Owl Capital
OWL
$7.54B
| $41.3M | 0.01% |
2,772,510
+595,606
| +27% | +$9.4M |
|
|
SIX
1454
DELISTED
Six Flags Entertainment Corp.
SIX
| $41.3M | 0.01% |
969,905
+8,438
| +0.9% | +$352K |
|
1455
Chord Energy
CHRD
$7.84B
| $41.3M | 0.01% |
327,762
+6,172
| +2% | +$734K |
|
1456
First Merchants
FRME
$2.71B
| $41.2M | 0.01% |
983,012
+94,298
| +11% | +$3.95M |
|
1457
iShares MSCI India ETF
INDA
$6.61B
| – | – |
0
| – | – |
|
|
XHR
1458
Xenia Hotels & Resorts
XHR
$1.89B
| $41.1M | 0.01% |
2,270,554
-13,518
| -0.6% | -$239K |
|
|
DEA
1459
Easterly Government Properties
DEA
$1.17B
| $40.9M | ﹤0.01% |
714,594
+70,192
| +11% | +$3.79M |
|
1460
iShares Core MSCI Emerging Markets ETF
IEMG
$152B
| – | – |
0
| – | – |
|
|
FMBI
1461
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $40.8M | ﹤0.01% |
1,991,477
+188,590
| +10% | +$3.78M |
|
|
AGR
1462
DELISTED
Avangrid, Inc.
AGR
| $40.7M | ﹤0.01% |
816,762
+38,242
| +5% | +$1.94M |
|
1463
First Financial Bancorp
FFBC
$3.58B
| $40.7M | ﹤0.01% |
1,671,010
+127,915
| +8% | +$3.1M |
|
1464
Trinity Industries
TRN
$2.5B
| $40.7M | ﹤0.01% |
1,348,333
+2,739
| +0.2% | +$78.3K |
|
1465
PRA Group
PRAA
$666M
| $40.6M | ﹤0.01% |
807,909
-36,336
| -4% | -$1.62M |
|
1466
Xencor
XNCR
$1.44B
| $40.5M | ﹤0.01% |
1,008,397
-15,597
| -2% | -$591K |
|
1467
Hilltop Holdings
HTH
$2.28B
| $40.4M | ﹤0.01% |
1,149,150
+8,661
| +0.8% | +$305K |
|
1468
Adaptive Biotechnologies
ADPT
$3.68B
| $40.4M | ﹤0.01% |
1,438,362
+46,431
| +3% | +$1.42M |
|
1469
LivePerson
LPSN
$22.1M
| $40.3M | ﹤0.01% |
75,145
+2,145
| +3% | +$1.49M |
|
1470
Frontdoor
FTDR
$5.34B
| $40.2M | ﹤0.01% |
1,096,627
+28,185
| +3% | +$1.07M |
|
1471
Relay Therapeutics
RLAY
$4.09B
| $40.1M | ﹤0.01% |
1,305,016
+239,756
| +23% | +$7.58M |
|
1472
Penske Automotive Group
PAG
$14.3B
| $40M | ﹤0.01% |
373,466
-1,359
| -0.4% | -$142K |
|
1473
Extreme Networks
EXTR
$3.92B
| $40M | ﹤0.01% |
2,549,083
+134,503
| +6% | +$1.65M |
|
1474
Credicorp
BAP
$31.4B
| $40M | ﹤0.01% |
329,562
+26,389
| +9% | +$3.23M |
|
1475
AppFolio
APPF
$6.79B
| $40M | ﹤0.01% |
330,306
+14,326
| +5% | +$1.82M |
|
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.