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 | |
|---|---|---|---|---|---|---|
1626
Codexis
CDXS
$156M
| $32.7M | ﹤0.01% |
1,044,612
+41,662
| +4% | +$1.37M |
|
|
INFN
1627
DELISTED
Infinera Corporation Common Stock
INFN
| $32.6M | ﹤0.01% |
3,401,332
+54,552
| +2% | +$462K |
|
|
MFA
1628
MFA Financial
MFA
$931M
| $32.5M | ﹤0.01% |
1,784,279
+101,081
| +6% | +$1.84M |
|
1629
Shift4
FOUR
$4.31B
| $32.5M | ﹤0.01% |
561,649
+24,013
| +4% | +$1.53M |
|
1630
Editas Medicine
EDIT
$407M
| $32.4M | ﹤0.01% |
1,220,371
+25,283
| +2% | +$870K |
|
1631
Travere Therapeutics
TVTX
$5.11B
| $32.4M | ﹤0.01% |
1,043,283
+59,305
| +6% | +$1.67M |
|
|
HSKA
1632
DELISTED
Heska Corp
HSKA
| $32.3M | ﹤0.01% |
177,148
+5,631
| +3% | +$1.12M |
|
1633
ICF International
ICFI
$1.52B
| $32.3M | ﹤0.01% |
315,060
+2,331
| +0.7% | +$235K |
|
1634
Allegro MicroSystems
ALGM
$7.74B
| $32.3M | ﹤0.01% |
892,151
+115,320
| +15% | +$3.75M |
|
|
KL
1635
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $32.3M | ﹤0.01% |
768,627
+48,827
| +7% | +$2.06M |
|
1636
Riot Platforms
RIOT
$8.1B
| $32.2M | ﹤0.01% |
1,443,198
+50,684
| +4% | +$1.51M |
|
1637
Ironwood Pharmaceuticals
IRWD
$728M
| $32.2M | ﹤0.01% |
2,763,568
-47,836
| -2% | -$587K |
|
|
TWO
1638
Two Harbors Investment
TWO
$1.27B
| $32.2M | ﹤0.01% |
1,396,146
+147,894
| +12% | +$3.69M |
|
|
ARGO
1639
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $32.2M | ﹤0.01% |
554,360
-3,176
| -0.6% | -$179K |
|
1640
Pricesmart
PSMT
$6.08B
| $32.2M | ﹤0.01% |
440,199
+12,975
| +3% | +$975K |
|
|
CDMO
1641
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $32.2M | ﹤0.01% |
1,103,395
+103,147
| +10% | +$2.95M |
|
1642
BridgeBio Pharma
BBIO
$15.7B
| $32.1M | ﹤0.01% |
1,927,411
-19,674
| -1% | -$832K |
|
1643
Cheesecake Factory
CAKE
$5.21B
| $32.1M | ﹤0.01% |
818,673
+20,106
| +3% | +$847K |
|
1644
Cohu
COHU
$2.31B
| $32M | ﹤0.01% |
841,376
+10,362
| +1% | +$355K |
|
1645
Eagle Bancorp
EGBN
$849M
| $32M | ﹤0.01% |
548,878
+48,783
| +10% | +$2.82M |
|
1646
Methode Electronics
MEI
$499M
| $32M | ﹤0.01% |
650,627
+5,377
| +0.8% | +$242K |
|
1647
Worthington Enterprises
WOR
$2.78B
| $31.9M | ﹤0.01% |
947,983
-44,564
| -4% | -$1.47M |
|
1648
Grid Dynamics Holdings
GDYN
$553M
| $31.9M | ﹤0.01% |
840,524
+93,596
| +13% | +$3.23M |
|
1649
Materion
MTRN
$4.45B
| $31.9M | ﹤0.01% |
347,116
-3,199
| -0.9% | -$267K |
|
|
ATSG
1650
DELISTED
Air Transport Services Group
ATSG
| $31.9M | ﹤0.01% |
1,085,895
+74,206
| +7% | +$1.97M |
|
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.