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 | |
|---|---|---|---|---|---|---|
|
FOE
1701
DELISTED
Ferro Corporation
FOE
| $29.8M | ﹤0.01% |
1,366,503
+10,611
| +0.8% | +$226K |
|
1702
Mesa Laboratories
MLAB
$570M
| $29.6M | ﹤0.01% |
90,272
+3,585
| +4% | +$1.13M |
|
1703
Schrodinger
SDGR
$1.16B
| $29.6M | ﹤0.01% |
849,116
+56,687
| +7% | +$2.59M |
|
1704
First Bancorp
FBNC
$2.72B
| $29.6M | ﹤0.01% |
646,618
+117,272
| +22% | +$5.49M |
|
1705
Granite Construction
GVA
$5.41B
| $29.5M | ﹤0.01% |
763,179
-12,107
| -2% | -$480K |
|
1706
Encore Capital Group
ECPG
$2.04B
| $29.3M | ﹤0.01% |
472,449
-49,714
| -10% | -$2.8M |
|
1707
BancFirst
BANF
$3.87B
| $29.3M | ﹤0.01% |
415,485
+2,685
| +0.7% | +$177K |
|
1708
Alpha and Omega Semiconductor
AOSL
$1.01B
| $29.2M | ﹤0.01% |
481,611
+13,540
| +3% | +$586K |
|
1709
Brookfield Renewable
BEPC
$6.27B
| $29M | ﹤0.01% |
789,970
+40,745
| +5% | +$1.55M |
|
1710
KE Holdings
BEKE
$19B
| $29M | ﹤0.01% |
1,451,566
+151,532
| +12% | +$3.1M |
|
1711
Algonquin Power & Utilities
AQN
$4.43B
| $29M | ﹤0.01% |
1,964,222
+241,803
| +14% | +$3.46M |
|
|
VISN
1712
Vistance Networks Inc
VISN
$2.81B
| $28.9M | ﹤0.01% |
2,621,652
+107,765
| +4% | +$1.18M |
|
1713
Virgin Galactic
SPCE
$375M
| $28.9M | ﹤0.01% |
107,972
+3,911
| +4% | +$1.41M |
|
|
PMT
1714
PennyMac Mortgage Investment
PMT
$828M
| $28.9M | ﹤0.01% |
1,667,145
+8,153
| +0.5% | +$154K |
|
1715
Compass Minerals
CMP
$1.27B
| $28.9M | ﹤0.01% |
565,495
+401
| +0.1% | +$24.5K |
|
1716
Telus
TU
$14.6B
| $28.8M | ﹤0.01% |
1,226,576
-42,566
| -3% | -$973K |
|
|
JAMF
1717
DELISTED
Jamf
JAMF
| $28.8M | ﹤0.01% |
757,991
+26,639
| +4% | +$1.03M |
|
|
SHYF
1718
DELISTED
The Shyft Group
SHYF
| $28.8M | ﹤0.01% |
586,380
+8,862
| +2% | +$405K |
|
|
BAND
1719
Bandwidth Inc
BAND
$1.47B
| $28.7M | ﹤0.01% |
400,071
-5,790
| -1% | -$451K |
|
1720
AAR Corp
AIR
$5.93B
| $28.6M | ﹤0.01% |
733,956
+43,842
| +6% | +$1.57M |
|
|
SAFE
1721
DELISTED
Safehold Inc.
SAFE
| $28.6M | ﹤0.01% |
358,365
+37,320
| +12% | +$2.75M |
|
1722
Greif
GEF
$5.05B
| $28.6M | ﹤0.01% |
473,738
+2,530
| +0.5% | +$164K |
|
1723
NBT Bancorp
NBTB
$2.82B
| $28.6M | ﹤0.01% |
741,450
-1,860
| -0.3% | -$69.4K |
|
|
MCFE
1724
DELISTED
McAfee Corp. Class A Common Stock
MCFE
| $28.4M | ﹤0.01% |
1,099,923
+158,485
| +17% | +$3.82M |
|
1725
Cinemark Holdings
CNK
$4.38B
| $28.4M | ﹤0.01% |
1,759,478
-5,164
| -0.3% | -$96.6K |
|
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.