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 | |
|---|---|---|---|---|---|---|
1751
Community Health Systems
CYH
$406M
| $27.3M | ﹤0.01% |
2,047,724
+15,011
| +0.7% | +$189K |
|
1752
Domo
DOMO
$183M
| $27.2M | ﹤0.01% |
548,819
+8,714
| +2% | +$640K |
|
1753
Lindsay Corp
LNN
$1.19B
| $27.2M | ﹤0.01% |
178,962
-4,825
| -3% | -$737K |
|
1754
Green Brick Partners
GRBK
$3.08B
| $27.1M | ﹤0.01% |
895,158
-18,518
| -2% | -$486K |
|
|
AVYA
1755
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $27.1M | ﹤0.01% |
1,370,384
+60,653
| +5% | +$1.2M |
|
1756
Brinker International
EAT
$9.52B
| $27.1M | ﹤0.01% |
741,416
-11,991
| -2% | -$495K |
|
|
LGF.B
1757
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $27.1M | ﹤0.01% |
1,759,999
+14,712
| +0.8% | +$206K |
|
|
DVAX
1758
DELISTED
Dynavax Technologies
DVAX
| $26.9M | ﹤0.01% |
1,914,607
+101,297
| +6% | +$1.67M |
|
1759
TTM Technologies
TTMI
$13.9B
| $26.9M | ﹤0.01% |
1,807,325
+20,514
| +1% | +$286K |
|
1760
Parsons
PSN
$5.16B
| $26.9M | ﹤0.01% |
799,457
+163,131
| +26% | +$5.66M |
|
1761
Horace Mann Educators
HMN
$2.09B
| $26.8M | ﹤0.01% |
693,514
-55,022
| -7% | -$2.16M |
|
1762
Kaiser Aluminum
KALU
$2.85B
| $26.8M | ﹤0.01% |
284,825
+251
| +0.1% | +$25.4K |
|
1763
Protagonist Therapeutics
PTGX
$8.63B
| $26.6M | ﹤0.01% |
778,081
+49,151
| +7% | +$1.55M |
|
|
SFIX
1764
Stitch Fix
SFIX
$567M
| $26.6M | ﹤0.01% |
1,403,526
+299,432
| +27% | +$8.58M |
|
1765
Reynolds Consumer Products
REYN
$5.46B
| $26.5M | ﹤0.01% |
844,631
+20,749
| +3% | +$604K |
|
1766
Protolabs
PRLB
$2.08B
| $26.5M | ﹤0.01% |
515,971
+53,216
| +11% | +$3.14M |
|
1767
Stride
LRN
$3.32B
| $26.5M | ﹤0.01% |
794,451
+15,749
| +2% | +$544K |
|
1768
Capitol Federal Financial
CFFN
$1.13B
| $26.5M | ﹤0.01% |
2,336,519
-73,481
| -3% | -$866K |
|
|
VGR
1769
DELISTED
Vector Group Ltd.
VGR
| $26.5M | ﹤0.01% |
2,305,704
-930,701
| -29% | -$9.95M |
|
1770
BGC Group
BGC
$5.26B
| $26.5M | ﹤0.01% |
5,691,973
-227,232
| -4% | -$1.13M |
|
|
IMGN
1771
DELISTED
Immunogen Inc
IMGN
| $26.3M | ﹤0.01% |
3,546,767
+132,422
| +4% | +$823K |
|
|
FRG
1772
DELISTED
Franchise Group, Inc.
FRG
| $26.3M | ﹤0.01% |
504,325
-4,675
| -0.9% | -$210K |
|
|
LTC
1773
LTC Properties
LTC
$1.97B
| $26.3M | ﹤0.01% |
770,071
-15,004
| -2% | -$501K |
|
1774
Enova International
ENVA
$6.48B
| $26.2M | ﹤0.01% |
638,844
+9,756
| +2% | +$370K |
|
1775
ePlus
PLUS
$2.51B
| $26.1M | ﹤0.01% |
485,017
-15,261
| -3% | -$842K |
|
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.