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 | |
|---|---|---|---|---|---|---|
|
SAFE
1576
Safehold
SAFE
$1.16B
| $35M | ﹤0.01% |
278,667
-15,024
| -5% | -$1.83M |
|
|
LAZR
1577
DELISTED
Luminar Technologies
LAZR
| $35M | ﹤0.01% |
137,993
+9,756
| +8% | +$2.44M |
|
1578
Urban Outfitters
URBN
$6.35B
| $35M | ﹤0.01% |
1,192,046
+17,163
| +1% | +$544K |
|
|
VBTX
1579
DELISTED
Veritex Holdings
VBTX
| $35M | ﹤0.01% |
879,147
+17,041
| +2% | +$690K |
|
1580
Green Dot
GDOT
$743M
| $34.8M | ﹤0.01% |
961,491
-36,098
| -4% | -$1.47M |
|
1581
Phreesia
PHR
$663M
| $34.8M | ﹤0.01% |
835,916
+36,348
| +5% | +$2.16M |
|
1582
Nelnet
NNI
$4.88B
| $34.7M | ﹤0.01% |
355,301
-26,677
| -7% | -$2.36M |
|
1583
Lantheus
LNTH
$6.49B
| $34.7M | ﹤0.01% |
1,200,641
-29,542
| -2% | -$786K |
|
|
MODV
1584
DELISTED
ModivCare
MODV
| $34.7M | ﹤0.01% |
233,741
+2,320
| +1% | +$359K |
|
1585
Global Net Lease
GNL
$1.84B
| $34.6M | ﹤0.01% |
2,267,040
+60,975
| +3% | +$948K |
|
1586
FuboTV Inc
FUBO
$261M
| $34.3M | ﹤0.01% |
184,324
+1,573
| +0.9% | +$442K |
|
1587
Agios Pharmaceuticals
AGIO
$1.79B
| $34.3M | ﹤0.01% |
1,044,016
-3,726
| -0.4% | -$150K |
|
|
ILPT
1588
Industrial Logistics Properties Trust
ILPT
$575M
| $34.3M | ﹤0.01% |
1,369,436
-21,434
| -2% | -$542K |
|
1589
Genworth Financial
GNW
$3.76B
| $34.3M | ﹤0.01% |
8,469,791
+54,444
| +0.6% | +$226K |
|
1590
Liberty Latin America Class C
LILAK
$1.63B
| $34.3M | ﹤0.01% |
3,309,834
+137,507
| +4% | +$1.52M |
|
1591
Interparfums
IPAR
$3.99B
| $34.3M | ﹤0.01% |
320,624
+341
| +0.1% | +$30.6K |
|
1592
Corcept Therapeutics
CORT
$12.4B
| $34.3M | ﹤0.01% |
1,730,872
-74,533
| -4% | -$1.51M |
|
1593
Customers Bancorp
CUBI
$2.66B
| $34.1M | ﹤0.01% |
522,349
+2,223
| +0.4% | +$122K |
|
1594
Park National Corp
PRK
$3.76B
| $34.1M | ﹤0.01% |
248,643
+3,067
| +1% | +$408K |
|
1595
McGrath RentCorp
MGRC
$2.81B
| $34.1M | ﹤0.01% |
425,316
+2,122
| +0.5% | +$164K |
|
1596
Pathward Financial
CASH
$1.86B
| $34.1M | ﹤0.01% |
571,624
-8,311
| -1% | -$496K |
|
1597
Aurora
AUR
$12.6B
| $34M | ﹤0.01% |
3,023,201
+2,949,261
| +3,989% | +$32.7M |
|
1598
Brookfield Infrastructure
BIPC
$5.2B
| $34M | ﹤0.01% |
747,240
+102,145
| +16% | +$4.23M |
|
|
CCXI
1599
DELISTED
ChemoCentryx, Inc.
CCXI
| $33.9M | ﹤0.01% |
932,169
-3,250
| -0.3% | -$114K |
|
1600
Surgery Partners
SGRY
$2.01B
| $33.8M | ﹤0.01% |
633,701
+68,450
| +12% | +$3.17M |
|
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.