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 | |
|---|---|---|---|---|---|---|
2051
Gorman-Rupp
GRC
$2.19B
| $17.4M | ﹤0.01% |
390,142
+32,153
| +9% | +$1.38M |
|
|
DENN
2052
DELISTED
Denny's
DENN
| $17.4M | ﹤0.01% |
1,085,865
-7,583
| -0.7% | -$116K |
|
2053
Metropolitan Bank Holding Corp
MCB
$1.15B
| $17.3M | ﹤0.01% |
162,856
+21,973
| +16% | +$2.09M |
|
|
GDEN
2054
DELISTED
Golden Entertainment
GDEN
| $17.3M | ﹤0.01% |
343,030
+5,939
| +2% | +$294K |
|
2055
Pulmonx
LUNG
$89.5M
| $17.3M | ﹤0.01% |
539,692
+21,153
| +4% | +$773K |
|
2056
National Healthcare
NHC
$3.48B
| $17.3M | ﹤0.01% |
254,047
+1,918
| +0.8% | +$133K |
|
|
GOEV
2057
DELISTED
Canoo Inc. Class A Common Stock
GOEV
| $17.3M | ﹤0.01% |
4,859
-28
| -0.6% | -$112K |
|
2058
Innoviva
INVA
$1.53B
| $17.2M | ﹤0.01% |
996,123
+6,344
| +0.6% | +$108K |
|
|
RADI
2059
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $17.2M | ﹤0.01% |
1,066,678
-35,552
| -3% | -$601K |
|
2060
Carriage Services
CSV
$645M
| $17.1M | ﹤0.01% |
266,036
-16,154
| -6% | -$837K |
|
2061
Benchmark Electronics
BHE
$2.91B
| $17.1M | ﹤0.01% |
631,630
+36,420
| +6% | +$935K |
|
2062
Construction Partners
ROAD
$6.11B
| $17.1M | ﹤0.01% |
580,999
+29,388
| +5% | +$1.03M |
|
|
CCRN
2063
DELISTED
Cross Country Healthcare
CCRN
| $17.1M | ﹤0.01% |
615,146
+5,062
| +0.8% | +$123K |
|
2064
CEVA Inc
CEVA
$927M
| $17M | ﹤0.01% |
394,168
+8,796
| +2% | +$393K |
|
2065
Kearny Financial
KRNY
$610M
| $17M | ﹤0.01% |
1,286,105
+7,364
| +0.6% | +$96.8K |
|
2066
Weatherford International
WFRD
$6.33B
| $17M | ﹤0.01% |
614,493
+128,956
| +27% | +$3.54M |
|
2067
Blink Charging
BLNK
$80.5M
| $17M | ﹤0.01% |
640,698
+29,139
| +5% | +$938K |
|
2068
BioNTech
BNTX
$23.3B
| $17M | ﹤0.01% |
65,882
+6,958
| +12% | +$1.91M |
|
2069
Standard Motor Products
SMP
$863M
| $17M | ﹤0.01% |
324,147
-17,597
| -5% | -$883K |
|
|
RNAM
2070
DELISTED
Avidity Biosciences
RNAM
| $17M | ﹤0.01% |
714,241
-25,025
| -3% | -$598K |
|
|
STFC
2071
DELISTED
State Auto Financial Corp
STFC
| $17M | ﹤0.01% |
328,349
+9,840
| +3% | +$506K |
|
|
MODN
2072
DELISTED
MODEL N, INC.
MODN
| $17M | ﹤0.01% |
564,697
+18,544
| +3% | +$580K |
|
|
SCS
2073
DELISTED
Steelcase
SCS
| $16.9M | ﹤0.01% |
1,440,587
-42,846
| -3% | -$516K |
|
2074
Washington Trust Bancorp
WASH
$755M
| $16.9M | ﹤0.01% |
299,301
+2,010
| +0.7% | +$112K |
|
2075
Kura Oncology
KURA
$816M
| $16.9M | ﹤0.01% |
1,203,826
+100,066
| +9% | +$1.62M |
|
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.