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 |
Sherwin-Williams
SHW
|
+$1.65B |
| 2 |
Microsoft
MSFT
|
+$565M |
| 3 |
Amazon
AMZN
|
+$452M |
| 4 |
NXP Semiconductors
NXPI
|
+$315M |
| 5 |
International Flavors & Fragrances
IFF
|
+$310M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$220M |
| 2 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$186M |
| 3 |
Booking.com
BKNG
|
+$117M |
| 4 |
EV
Eaton Vance Corp.
EV
|
+$104M |
| 5 |
Moody's
MCO
|
+$62.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.27% |
| 2 | Financials | 13.76% |
| 3 | Healthcare | 13.2% |
| 4 | Consumer Discretionary | 12.31% |
| 5 | Communication Services | 9.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EGIO
2526
DELISTED
Edgio, Inc. Common Stock
EGIO
| $7.8M | ﹤0.01% |
54,609
+5,568
| +11% | +$870K |
|
2527
AXT Inc
AXTI
$4.27B
| $7.79M | ﹤0.01% |
668,285
+80,774
| +14% | +$971K |
|
2528
Aspen Aerogels
ASPN
$419M
| $7.78M | ﹤0.01% |
382,455
+42,508
| +13% | +$897K |
|
2529
Passage Bio
PASG
$14.9M
| $7.77M | ﹤0.01% |
22,225
+6,169
| +38% | +$2.63M |
|
|
EGRX
2530
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $7.77M | ﹤0.01% |
186,147
+29,198
| +19% | +$1.36M |
|
|
MCF
2531
DELISTED
Contango Oil & Gas Co.
MCF
| $7.76M | ﹤0.01% |
1,990,544
+467,189
| +31% | +$1.79M |
|
2532
Petrobras Class A
PBR.A
$107B
| $7.75M | ﹤0.01% |
907,501
+155
| +0% | +$1.47K |
|
2533
MBIA
MBI
$268M
| $7.75M | ﹤0.01% |
805,438
+42,934
| +6% | +$333K |
|
|
CPLG
2534
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $7.74M | ﹤0.01% |
857,465
+56,288
| +7% | +$458K |
|
|
DX
2535
Dynex Capital
DX
$3.17B
| $7.74M | ﹤0.01% |
408,689
+75,963
| +23% | +$1.4M |
|
|
RFP
2536
DELISTED
Resolute Forest Products Inc.
RFP
| $7.72M | ﹤0.01% |
705,092
+46,979
| +7% | +$417K |
|
2537
Atomera
ATOM
$219M
| $7.72M | ﹤0.01% |
315,058
+43,348
| +16% | +$1.27M |
|
2538
Flex
FLEX
$46.8B
| $7.71M | ﹤0.01% |
559,204
+15,740
| +3% | +$217K |
|
|
SGFY
2539
DELISTED
Signify Health, Inc.
SGFY
| $7.71M | ﹤0.01% |
+263,630
| New | +$8.16M |
|
2540
Funko
FNKO
$322M
| $7.71M | ﹤0.01% |
391,872
+52,281
| +15% | +$729K |
|
2541
SFL Corp
SFL
$1.61B
| $7.7M | ﹤0.01% |
960,393
+319,193
| +50% | +$2.36M |
|
|
LTRPA
2542
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $7.68M | ﹤0.01% |
1,203,771
+70,949
| +6% | +$384K |
|
2543
Geron
GERN
$860M
| $7.68M | ﹤0.01% |
4,860,585
+302,091
| +7% | +$540K |
|
|
AKRO
2544
DELISTED
Akero Therapeutics
AKRO
| $7.67M | ﹤0.01% |
264,483
+22,821
| +9% | +$691K |
|
|
SIEN
2545
DELISTED
Sientra, Inc.
SIEN
| $7.66M | ﹤0.01% |
105,064
+17,780
| +20% | +$1.13M |
|
|
AGEN
2546
Agenus
AGEN
$346M
| $7.63M | ﹤0.01% |
142,831
+17,617
| +14% | +$1.27M |
|
|
XONE
2547
DELISTED
The ExOne Company
XONE
| $7.58M | ﹤0.01% |
241,864
+55,140
| +30% | +$1.74M |
|
2548
Movado Group
MOV
$879M
| $7.58M | ﹤0.01% |
266,531
+22,345
| +9% | +$505K |
|
|
BFX
2549
DELISTED
BowFlex Inc.
BFX
| $7.57M | ﹤0.01% |
484,276
+55,999
| +13% | +$1.2M |
|
|
TECX
2550
Tectonic Therapeutic
TECX
$550M
| $7.56M | ﹤0.01% |
49,643
+7,401
| +18% | +$1.2M |
|
Similar funds
Geode Capital Management's Q1 2021 Portfolio in Review
As of Q1 2021, Geode Capital Management held 4,537 positions worth $654B, up 9.7% from $596B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Geode Capital Management deployed $22.8B of net new capital in Q1 2021, opening 282 new positions and adding to 3,569 existing holdings. Its largest new stake was Texas Pacific Land: 546,273 shares worth $96.5M.
By sector, the portfolio is most concentrated in Technology at 23% of assets, down from 24% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was DuPont de Nemours, an estimated $220M trimmed.
- Geode Capital Management's largest Q1 2021 buy was Texas Pacific Land: 546,273 shares worth $96.5M.
- Geode Capital Management added most to Sherwin-Williams in Q1 2021, an estimated $1.65B increase.
- Geode Capital Management's biggest Q1 2021 reduction was DuPont de Nemours, cutting an estimated $220M.
- Geode Capital Management fully exited CONCHO RESOURCES INC. in Q1 2021, selling an estimated $186M.
- Geode Capital Management's ten largest holdings make up 21% of its $654B portfolio in Q1 2021.
- Geode Capital Management opened 282 new positions and closed 88 in Q1 2021.
- Geode Capital Management's portfolio value rose 9.7% quarter-over-quarter to $654B.
Based on Geode Capital Management's 13F filing for Q1 2021, filed 12 May 2021.