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 | |
|---|---|---|---|---|---|---|
1551
Sally Beauty Holdings
SBH
$1.43B
| $36.1M | ﹤0.01% |
1,956,629
+111,357
| +6% | +$2.03M |
|
|
TSE
1552
DELISTED
Trinseo
TSE
| $36.1M | ﹤0.01% |
688,279
-598,781
| -47% | -$32.4M |
|
1553
Skywest
SKYW
$4.24B
| $36.1M | ﹤0.01% |
918,565
+53,958
| +6% | +$2.41M |
|
1554
Abercrombie & Fitch
ANF
$4.42B
| $36.1M | ﹤0.01% |
1,036,308
-122
| -0% | -$4.77K |
|
1555
GlobalFoundries
GFS
$27.4B
| $36.1M | ﹤0.01% |
+555,506
| New | +$34.5M |
|
|
MAXR
1556
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $36.1M | ﹤0.01% |
1,221,596
+27,952
| +2% | +$811K |
|
1557
Array Technologies
ARRY
$803M
| $36M | ﹤0.01% |
2,291,574
+197,479
| +9% | +$3.86M |
|
1558
MYR Group
MYRG
$5.19B
| $36M | ﹤0.01% |
325,224
+11,735
| +4% | +$1.27M |
|
1559
Cactus
WHD
$5.21B
| $35.9M | ﹤0.01% |
942,343
+38,480
| +4% | +$1.55M |
|
1560
Madison Square Garden
MSGS
$9.48B
| $35.9M | ﹤0.01% |
206,744
+3,910
| +2% | +$710K |
|
1561
Super Micro Computer
SMCI
$18.4B
| $35.9M | ﹤0.01% |
8,172,460
+483,780
| +6% | +$1.96M |
|
|
VRTV
1562
DELISTED
VERITIV CORPORATION
VRTV
| $35.8M | ﹤0.01% |
292,344
+43,224
| +17% | +$5.2M |
|
|
ETWO
1563
DELISTED
E2open Parent Holdings
ETWO
| $35.8M | ﹤0.01% |
3,179,030
+481,149
| +18% | +$5.66M |
|
|
MTTR
1564
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $35.7M | ﹤0.01% |
1,730,559
+46,827
| +3% | +$1.07M |
|
1565
Knowles
KN
$3.13B
| $35.6M | ﹤0.01% |
1,525,385
+2,121
| +0.1% | +$44.8K |
|
|
HMHC
1566
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $35.6M | ﹤0.01% |
2,208,720
+58,026
| +3% | +$882K |
|
1567
Agnico Eagle Mines
AEM
$73.6B
| $35.5M | ﹤0.01% |
670,885
+41,376
| +7% | +$2.2M |
|
1568
M/I Homes
MHO
$3.74B
| $35.4M | ﹤0.01% |
569,839
+28,051
| +5% | +$1.68M |
|
1569
Seacoast Banking Corp of Florida
SBCF
$3.36B
| $35.4M | ﹤0.01% |
999,661
-4,217
| -0.4% | -$151K |
|
1570
Adeia
ADEA
$2.94B
| $35.3M | ﹤0.01% |
7,065,693
+359,213
| +5% | +$1.79M |
|
1571
NewMarket
NEU
$7.82B
| $35.3M | ﹤0.01% |
103,056
-7,309
| -7% | -$2.52M |
|
1572
Outset Medical
OM
$84.7M
| $35.3M | ﹤0.01% |
51,033
+2,349
| +5% | +$1.74M |
|
1573
Iovance Biotherapeutics
IOVA
$1.82B
| $35.3M | ﹤0.01% |
1,847,811
+61,799
| +3% | +$1.36M |
|
1574
StepStone Group
STEP
$3.61B
| $35.3M | ﹤0.01% |
848,044
+137,895
| +19% | +$6.09M |
|
1575
Teck Resources
TECK
$29.6B
| $35.1M | ﹤0.01% |
1,228,591
+85,971
| +8% | +$2.36M |
|
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.