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 | |
|---|---|---|---|---|---|---|
1651
Bloomin' Brands
BLMN
$774M
| $31.9M | ﹤0.01% |
1,519,724
-60,625
| -4% | -$1.28M |
|
|
ODP
1652
DELISTED
ODP
ODP
| $31.9M | ﹤0.01% |
811,509
-22,596
| -3% | -$928K |
|
1653
Vericel Corp
VCEL
$2.36B
| $31.9M | ﹤0.01% |
810,974
+10,108
| +1% | +$443K |
|
1654
Nektar Therapeutics
NKTR
$2.38B
| $31.9M | ﹤0.01% |
157,177
-211
| -0.1% | -$45.8K |
|
|
TWOU
1655
DELISTED
2U Inc
TWOU
| $31.8M | ﹤0.01% |
52,834
+4,665
| +10% | +$3.72M |
|
|
BWIN
1656
Baldwin Insurance Group
BWIN
$2.85B
| $31.8M | ﹤0.01% |
880,520
+42,511
| +5% | +$1.57M |
|
1657
Patrick Industries
PATK
$2.77B
| $31.5M | ﹤0.01% |
586,097
-9,700
| -2% | -$521K |
|
1658
World Kinect Corp
WKC
$2B
| $31.5M | ﹤0.01% |
1,190,434
+59,680
| +5% | +$1.7M |
|
|
CSW
1659
CSW Industrials
CSW
$5.6B
| $31.5M | ﹤0.01% |
260,637
+12,217
| +5% | +$1.59M |
|
|
GBT
1660
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $31.4M | ﹤0.01% |
1,074,035
+11,430
| +1% | +$354K |
|
1661
Green Plains
GPRE
$1.17B
| $31.4M | ﹤0.01% |
902,163
+71,092
| +9% | +$2.64M |
|
|
GWB
1662
DELISTED
Great Western Bancorp, Inc.
GWB
| $31.4M | ﹤0.01% |
923,366
-14,575
| -2% | -$498K |
|
1663
Celldex Therapeutics
CLDX
$2.96B
| $31.3M | ﹤0.01% |
810,420
+17,913
| +2% | +$781K |
|
|
OPLN
1664
Openlane
OPLN
$4.36B
| $31.3M | ﹤0.01% |
2,004,724
+39,002
| +2% | +$597K |
|
1665
Huazhu Hotels Group
HTHT
$13.1B
| $31.2M | ﹤0.01% |
842,052
+74,445
| +10% | +$3.25M |
|
1666
TTEC Holdings
TTEC
$122M
| $31.1M | ﹤0.01% |
343,935
+2,496
| +0.7% | +$226K |
|
1667
Arcus Biosciences
RCUS
$3.47B
| $31.1M | ﹤0.01% |
769,512
-13,664
| -2% | -$530K |
|
|
TSP
1668
DELISTED
TuSimple Holdings Inc. Class A Common Stock
TSP
| $31.1M | ﹤0.01% |
868,660
+343,784
| +65% | +$12.8M |
|
1669
Enterprise Financial Services Corp
EFSC
$2.42B
| $31.1M | ﹤0.01% |
661,062
+14,119
| +2% | +$674K |
|
1670
Provident Financial Services
PFS
$3.28B
| $31.1M | ﹤0.01% |
1,284,505
+25,335
| +2% | +$621K |
|
1671
Hope Bancorp
HOPE
$1.81B
| $31.1M | ﹤0.01% |
2,114,401
-113,211
| -5% | -$1.67M |
|
|
SPWR
1672
DELISTED
SunPower Corporation Common Stock
SPWR
| $31M | ﹤0.01% |
1,486,729
+30,253
| +2% | +$818K |
|
1673
O-I Glass
OI
$1.14B
| $31M | ﹤0.01% |
2,575,618
+3,158
| +0.1% | +$40K |
|
1674
8x8 Inc
EGHT
$292M
| $31M | ﹤0.01% |
1,848,395
+43,729
| +2% | +$917K |
|
|
EVRI
1675
DELISTED
Everi Holdings
EVRI
| $30.9M | ﹤0.01% |
1,449,084
+18,337
| +1% | +$418K |
|
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.