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 | |
|---|---|---|---|---|---|---|
1526
Magnite
MGNI
$2.8B
| $37.1M | ﹤0.01% |
2,120,233
+58,894
| +3% | +$1.33M |
|
1527
CorVel
CRVL
$3.09B
| $37.1M | ﹤0.01% |
534,456
-12,963
| -2% | -$814K |
|
1528
Acadia Realty Trust
AKR
$3.07B
| $37.1M | ﹤0.01% |
1,697,389
-24,020
| -1% | -$524K |
|
|
VCRA
1529
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $37M | ﹤0.01% |
571,350
+2,289
| +0.4% | +$129K |
|
1530
PennyMac Financial
PFSI
$3.97B
| $36.9M | ﹤0.01% |
529,462
-32,461
| -6% | -$2.14M |
|
1531
Evolent Health
EVH
$353M
| $36.9M | ﹤0.01% |
1,334,878
+18,308
| +1% | +$525K |
|
|
HTLF
1532
DELISTED
Heartland Financial USA, Inc.
HTLF
| $36.9M | ﹤0.01% |
729,752
+22,108
| +3% | +$1.11M |
|
1533
BP
BP
$114B
| $36.9M | ﹤0.01% |
1,386,584
-122,885
| -8% | -$3.41M |
|
1534
Middlesex Water
MSEX
$1.07B
| $36.9M | ﹤0.01% |
306,874
+2,546
| +0.8% | +$270K |
|
1535
Verra Mobility
VRRM
$852M
| $36.9M | ﹤0.01% |
2,391,203
+70,611
| +3% | +$1.07M |
|
|
CSGS
1536
DELISTED
CSG Systems International
CSGS
| $36.9M | ﹤0.01% |
640,079
+4,020
| +0.6% | +$213K |
|
|
THS
1537
DELISTED
Treehouse Foods
THS
| $36.7M | ﹤0.01% |
904,603
+2,114
| +0.2% | +$81.7K |
|
1538
Emergent Biosolutions
EBS
$382M
| $36.6M | ﹤0.01% |
842,798
+19,726
| +2% | +$892K |
|
1539
Stewart Information Services
STC
$2.1B
| $36.6M | ﹤0.01% |
459,001
+8,003
| +2% | +$588K |
|
1540
Marqeta
MQ
$1.88B
| $36.6M | ﹤0.01% |
532,468
+352,887
| +197% | +$31.6M |
|
1541
Pediatrix Medical
MD
$2.16B
| $36.6M | ﹤0.01% |
1,343,455
+1,187
| +0.1% | +$31.8K |
|
|
ALEX
1542
DELISTED
Alexander & Baldwin
ALEX
| $36.5M | ﹤0.01% |
1,453,776
-9,634
| -0.7% | -$233K |
|
|
VMEO
1543
DELISTED
Vimeo
VMEO
| $36.5M | ﹤0.01% |
2,030,904
+154,979
| +8% | +$3.78M |
|
1544
Telephone and Data Systems
TDS
$3.92B
| $36.4M | ﹤0.01% |
1,807,325
-157,756
| -8% | -$3.08M |
|
1545
Health Catalyst
HCAT
$163M
| $36.4M | ﹤0.01% |
917,861
+56,966
| +7% | +$2.6M |
|
1546
TripAdvisor
TRIP
$1.69B
| $36.4M | ﹤0.01% |
1,333,498
+50,669
| +4% | +$1.55M |
|
|
QVCGA
1547
DELISTED
QVC Group Inc Series A
QVCGA
| $36.3M | ﹤0.01% |
95,482
-2,279
| -2% | -$1.03M |
|
1548
Trustmark
TRMK
$2.8B
| $36.3M | ﹤0.01% |
1,117,419
-10,297
| -0.9% | -$337K |
|
|
MANT
1549
DELISTED
Mantech International Corp
MANT
| $36.2M | ﹤0.01% |
496,993
+2,153
| +0.4% | +$164K |
|
1550
Sabre
SABR
$779M
| $36.1M | ﹤0.01% |
4,206,911
+48,897
| +1% | +$469K |
|
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.