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 | |
|---|---|---|---|---|---|---|
|
GOOD
1951
Gladstone Commercial Corp
GOOD
$608M
| $20.5M | ﹤0.01% |
796,741
+9,194
| +1% | +$209K |
|
1952
Doximity
DOCS
$3.99B
| $20.5M | ﹤0.01% |
409,080
+14,806
| +4% | +$964K |
|
1953
Vipshop
VIPS
$7.49B
| $20.5M | ﹤0.01% |
2,451,862
+234,830
| +11% | +$2.46M |
|
|
TVTY
1954
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $20.5M | ﹤0.01% |
774,468
+69,746
| +10% | +$1.77M |
|
1955
CoreCivic
CXW
$2.98B
| $20.4M | ﹤0.01% |
2,047,679
+148,157
| +8% | +$1.47M |
|
1956
CTS Corp
CTS
$1.92B
| $20.4M | ﹤0.01% |
555,859
+4,985
| +0.9% | +$174K |
|
1957
MGP Ingredients
MGPI
$366M
| $20.4M | ﹤0.01% |
240,061
-6,874
| -3% | -$518K |
|
1958
Matthews International
MATW
$880M
| $20.4M | ﹤0.01% |
555,134
+25,239
| +5% | +$914K |
|
1959
Sturm, Ruger & Co
RGR
$625M
| $20.3M | ﹤0.01% |
299,054
-19,095
| -6% | -$1.39M |
|
1960
Porch Group
PRCH
$1.87B
| $20.3M | ﹤0.01% |
1,303,709
+34,105
| +3% | +$657K |
|
1961
Valaris
VAL
$5.41B
| $20.3M | ﹤0.01% |
564,353
+25,347
| +5% | +$883K |
|
1962
Sonic Automotive
SAH
$2.79B
| $20.3M | ﹤0.01% |
409,641
+3,283
| +0.8% | +$164K |
|
1963
E.W. Scripps
SSP
$261M
| $20M | ﹤0.01% |
1,036,002
+28,190
| +3% | +$545K |
|
1964
Zumiez
ZUMZ
$336M
| $20M | ﹤0.01% |
417,514
+7,545
| +2% | +$344K |
|
1965
Enerpac Tool Group
EPAC
$1.9B
| $20M | ﹤0.01% |
987,765
+1,733
| +0.2% | +$37.2K |
|
1966
Lemonade
LMND
$4.18B
| $20M | ﹤0.01% |
474,522
+27,744
| +6% | +$1.56M |
|
|
TGI
1967
DELISTED
Triumph Group
TGI
| $20M | ﹤0.01% |
1,078,102
+37,421
| +4% | +$731K |
|
1968
Northern Oil and Gas
NOG
$2.22B
| $20M | ﹤0.01% |
969,909
+114,572
| +13% | +$2.56M |
|
|
NTST
1969
NETSTREIT Corp
NTST
$2.05B
| $20M | ﹤0.01% |
871,265
+161,082
| +23% | +$3.73M |
|
|
TWKS
1970
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $19.9M | ﹤0.01% |
743,752
+409,095
| +122% | +$11.7M |
|
1971
Crinetics Pharmaceuticals
CRNX
$8.9B
| $19.9M | ﹤0.01% |
698,738
+178,741
| +34% | +$4.41M |
|
|
KAMN
1972
DELISTED
Kaman Corp
KAMN
| $19.8M | ﹤0.01% |
459,797
+2,140
| +0.5% | +$84.3K |
|
1973
Ryan Specialty Holdings
RYAN
$5.77B
| $19.8M | ﹤0.01% |
491,107
+20,314
| +4% | +$769K |
|
1974
Employers Holdings
EIG
$911M
| $19.7M | ﹤0.01% |
475,635
-4,843
| -1% | -$195K |
|
1975
Huron Consulting
HURN
$2.43B
| $19.6M | ﹤0.01% |
393,316
-3,601
| -0.9% | -$180K |
|
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.