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 | |
|---|---|---|---|---|---|---|
2401
SFL Corp
SFL
$1.58B
| $10.6M | ﹤0.01% |
1,306,657
+7,474
| +0.6% | +$62.2K |
|
2402
Krispy Kreme
DNUT
$534M
| $10.6M | ﹤0.01% |
562,395
+35,871
| +7% | +$527K |
|
2403
HSBC
HSBC
$352B
| $10.6M | ﹤0.01% |
352,761
-65,901
| -16% | -$1.92M |
|
2404
The RMR Group
RMR
$324M
| $10.6M | ﹤0.01% |
305,428
-45,943
| -13% | -$1.59M |
|
2405
PMV Pharmaceuticals
PMVP
$62.4M
| $10.6M | ﹤0.01% |
458,328
+24,855
| +6% | +$601K |
|
2406
4D Molecular Therapeutics
FDMT
$537M
| $10.6M | ﹤0.01% |
482,437
+140,219
| +41% | +$3.44M |
|
|
DHIL
2407
DELISTED
Diamond Hill
DHIL
| $10.6M | ﹤0.01% |
54,435
+1,870
| +4% | +$374K |
|
2408
NRC Health Common Stock
NRC
$432M
| $10.5M | ﹤0.01% |
254,087
+1,744
| +0.7% | +$75.8K |
|
|
LOGC
2409
DELISTED
ContextLogic
LOGC
| $10.5M | ﹤0.01% |
113,026
+23,014
| +26% | +$3.05M |
|
2410
Comtech Telecommunications
CMTL
$51.5M
| $10.5M | ﹤0.01% |
443,630
+4,798
| +1% | +$118K |
|
|
MCW
2411
DELISTED
Mister Car Wash
MCW
| $10.5M | ﹤0.01% |
576,029
+129,725
| +29% | +$2.32M |
|
2412
Mission Produce
AVO
$1.07B
| $10.5M | ﹤0.01% |
667,813
+19,088
| +3% | +$355K |
|
|
ATRS
2413
DELISTED
Antares Pharma, Inc.
ATRS
| $10.5M | ﹤0.01% |
2,935,962
+86,979
| +3% | +$304K |
|
|
CHUY
2414
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $10.5M | ﹤0.01% |
347,522
+1,820
| +0.5% | +$55.3K |
|
2415
Ribbon Communications
RBBN
$384M
| $10.4M | ﹤0.01% |
1,726,048
+20,357
| +1% | +$121K |
|
2416
Hovnanian Enterprises
HOV
$808M
| $10.4M | ﹤0.01% |
81,915
+1,644
| +2% | +$162K |
|
|
EGRX
2417
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $10.4M | ﹤0.01% |
204,402
-8,247
| -4% | -$427K |
|
|
TPIC
2418
DELISTED
TPI Composites
TPIC
| $10.4M | ﹤0.01% |
693,292
+92,221
| +15% | +$2.26M |
|
|
CVAC
2419
DELISTED
CureVac
CVAC
| $10.3M | ﹤0.01% |
301,663
+9,376
| +3% | +$377K |
|
2420
Thryv Holdings
THRY
$109M
| $10.3M | ﹤0.01% |
251,402
+54,155
| +27% | +$1.86M |
|
2421
Kelly Services Class A
KELYA
$528M
| $10.3M | ﹤0.01% |
616,252
+10,529
| +2% | +$192K |
|
|
KZR
2422
DELISTED
Kezar Life Sciences
KZR
| $10.3M | ﹤0.01% |
61,807
+1,339
| +2% | +$151K |
|
2423
PC Connection
CNXN
$2.17B
| $10.3M | ﹤0.01% |
239,573
+502
| +0.2% | +$22.7K |
|
2424
Seres Therapeutics
MCRB
$49.8M
| $10.3M | ﹤0.01% |
61,868
+14,101
| +30% | +$2.24M |
|
2425
Logitech
LOGI
$15.1B
| $10.3M | ﹤0.01% |
124,801
-3,845
| -3% | -$321K |
|
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, 1,069 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.