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 | |
|---|---|---|---|---|---|---|
1801
Enanta Pharmaceuticals
ENTA
$385M
| $25.1M | ﹤0.01% |
336,008
+2,215
| +0.7% | +$174K |
|
|
ACCD
1802
DELISTED
Accolade Inc
ACCD
| $25.1M | ﹤0.01% |
952,924
+44,705
| +5% | +$1.46M |
|
|
KRA
1803
DELISTED
Kraton Corporation
KRA
| $25M | ﹤0.01% |
540,778
+4,211
| +0.8% | +$193K |
|
1804
West Fraser Timber
WFG
$5.48B
| $25M | ﹤0.01% |
262,288
+17,235
| +7% | +$1.49M |
|
1805
Northwest Natural Holdings
NWN
$2.05B
| $24.9M | ﹤0.01% |
510,962
-9,479
| -2% | -$441K |
|
1806
Ingles Markets
IMKTA
$1.75B
| $24.9M | ﹤0.01% |
287,864
+10,082
| +4% | +$769K |
|
|
HEES
1807
DELISTED
H&E Equipment Services
HEES
| $24.8M | ﹤0.01% |
561,232
+15,418
| +3% | +$673K |
|
1808
Photronics
PLAB
$1.92B
| $24.8M | ﹤0.01% |
1,317,630
+180,237
| +16% | +$2.64M |
|
1809
Ranpak Holdings
PACK
$489M
| $24.8M | ﹤0.01% |
659,569
+5,532
| +0.8% | +$195K |
|
1810
Malibu Boats
MBUU
$569M
| $24.8M | ﹤0.01% |
360,540
-4,533
| -1% | -$318K |
|
|
CVSA
1811
Covista Inc
CVSA
$4.38B
| $24.8M | ﹤0.01% |
837,929
-41,898
| -5% | -$1.38M |
|
|
UMH
1812
UMH Properties
UMH
$1.3B
| $24.7M | ﹤0.01% |
903,806
+23,365
| +3% | +$563K |
|
|
RTL
1813
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $24.7M | ﹤0.01% |
2,701,072
+59,417
| +2% | +$504K |
|
1814
AZZ Inc
AZZ
$4.62B
| $24.7M | ﹤0.01% |
445,908
-8,551
| -2% | -$464K |
|
|
SRNE
1815
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $24.6M | ﹤0.01% |
5,301,256
+241,923
| +5% | +$1.5M |
|
1816
Bumble
BMBL
$408M
| $24.6M | ﹤0.01% |
727,881
+63,915
| +10% | +$2.72M |
|
1817
The Greenbrier Companies
GBX
$1.56B
| $24.6M | ﹤0.01% |
537,073
-40,749
| -7% | -$1.77M |
|
1818
TFI International
TFII
$11.6B
| $24.6M | ﹤0.01% |
220,236
+184,426
| +515% | +$20.1M |
|
|
ARCH
1819
DELISTED
Arch Resources, Inc.
ARCH
| $24.6M | ﹤0.01% |
269,071
+3,886
| +1% | +$345K |
|
|
ADAM
1820
Adamas Trust
ADAM
$859M
| $24.6M | ﹤0.01% |
1,650,542
-55,549
| -3% | -$910K |
|
|
BBT
1821
Beacon Financial Corp
BBT
$2.72B
| $24.5M | ﹤0.01% |
862,191
-18,078
| -2% | -$501K |
|
1822
AeroVironment
AVAV
$8.6B
| $24.4M | ﹤0.01% |
394,087
+2,255
| +0.6% | +$183K |
|
1823
Alamo Group
ALG
$2.09B
| $24.3M | ﹤0.01% |
164,860
+1,450
| +0.9% | +$215K |
|
1824
First Busey Corp
BUSE
$2.64B
| $24.2M | ﹤0.01% |
892,005
+18,265
| +2% | +$484K |
|
1825
Quanterix
QTRX
$172M
| $24.1M | ﹤0.01% |
569,260
+3,986
| +0.7% | +$186K |
|
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.