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 | |
|---|---|---|---|---|---|---|
1976
Bally's
BALY
$664M
| $19.6M | ﹤0.01% |
514,642
+8,517
| +2% | +$372K |
|
1977
Kinross Gold
KGC
$28B
| $19.6M | ﹤0.01% |
3,378,116
+209,814
| +7% | +$1.25M |
|
1978
Weis Markets
WMK
$1.94B
| $19.5M | ﹤0.01% |
296,380
+916
| +0.3% | +$55.6K |
|
1979
American Well
AMWL
$174M
| $19.4M | ﹤0.01% |
160,369
+7,631
| +5% | +$1.16M |
|
1980
Chefs' Warehouse
CHEF
$4.49B
| $19.4M | ﹤0.01% |
581,439
+18,856
| +3% | +$622K |
|
|
AHRT
1981
AH Realty Trust
AHRT
$539M
| $19.3M | ﹤0.01% |
1,270,332
-4,914
| -0.4% | -$70.7K |
|
|
MCHB
1982
Mechanics Bancorp
MCHB
$3.7B
| $19.3M | ﹤0.01% |
371,341
-14,202
| -4% | -$684K |
|
1983
Aspen Aerogels
ASPN
$419M
| $19.3M | ﹤0.01% |
387,644
+4,634
| +1% | +$244K |
|
1984
AMC Global Media
AMCX
$501M
| $19.3M | ﹤0.01% |
559,776
-16,643
| -3% | -$693K |
|
1985
Adtran
ADTN
$710M
| $19.3M | ﹤0.01% |
843,736
-28,916
| -3% | -$585K |
|
1986
Orion
OEC
$376M
| $19.3M | ﹤0.01% |
1,048,558
-17,089
| -2% | -$318K |
|
1987
SelectQuote
SLQT
$131M
| $19.2M | ﹤0.01% |
2,117,902
+205,299
| +11% | +$2.25M |
|
1988
Axsome Therapeutics
AXSM
$10.9B
| $19.2M | ﹤0.01% |
507,485
+16,055
| +3% | +$591K |
|
1989
FIGS
FIGS
$1.81B
| $19.1M | ﹤0.01% |
693,076
+284,565
| +70% | +$9.37M |
|
1990
Coherus Oncology
CHRS
$228M
| $19.1M | ﹤0.01% |
1,194,760
-3,024
| -0.3% | -$52.9K |
|
1991
Rocket Lab Corp
RKLB
$46.5B
| $19.1M | ﹤0.01% |
1,552,618
+1,318,003
| +562% | +$18.1M |
|
1992
BCE
BCE
$20.5B
| $19M | ﹤0.01% |
346,960
-49,685
| -13% | -$2.54M |
|
1993
OptimizeRx
OPRX
$129M
| $19M | ﹤0.01% |
305,683
+1,955
| +0.6% | +$148K |
|
1994
World Acceptance Corp
WRLD
$902M
| $19M | ﹤0.01% |
77,358
+4,258
| +6% | +$926K |
|
1995
Children's Place
PLCE
$59.2M
| $19M | ﹤0.01% |
239,428
-6,690
| -3% | -$588K |
|
1996
Tompkins Financial
TMP
$1.46B
| $19M | ﹤0.01% |
226,988
+1,207
| +0.5% | +$99K |
|
1997
Brown-Forman Class A
BF.A
$13.2B
| $18.9M | ﹤0.01% |
278,806
+6,267
| +2% | +$417K |
|
|
WOW
1998
DELISTED
WideOpenWest
WOW
| $18.9M | ﹤0.01% |
877,780
-107,334
| -11% | -$2.14M |
|
1999
Banc of California
BANC
$3.09B
| $18.8M | ﹤0.01% |
960,524
+153,583
| +19% | +$3.11M |
|
|
INBX
2000
DELISTED
Inhibrx, Inc. Common Stock
INBX
| $18.8M | ﹤0.01% |
429,882
-16,341
| -4% | -$653K |
|
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.