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 | |
|---|---|---|---|---|---|---|
|
DSKE
2551
DELISTED
Daseke, Inc. Common Stock
DSKE
| $7.56M | ﹤0.01% |
890,136
+122,651
| +16% | +$752K |
|
2552
Farmers National Banc Corp
FMNB
$947M
| $7.55M | ﹤0.01% |
452,416
+37,454
| +9% | +$550K |
|
2553
Curis
CRIS
$9.2M
| $7.54M | ﹤0.01% |
1,666
+576
| +53% | +$2.41M |
|
|
RADI
2554
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $7.54M | ﹤0.01% |
512,910
-12,803
| -2% | -$165K |
|
|
VRS
2555
DELISTED
Verso Corporation
VRS
| $7.54M | ﹤0.01% |
516,759
+50,342
| +11% | +$662K |
|
2556
Marcus Corp
MCS
$959M
| $7.53M | ﹤0.01% |
376,854
+26,540
| +8% | +$490K |
|
2557
HUTCHMED
HCM
$2.01B
| $7.52M | ﹤0.01% |
268,140
+39,188
| +17% | +$1.25M |
|
2558
Alerus Financial
ALRS
$853M
| $7.51M | ﹤0.01% |
252,184
+65,955
| +35% | +$1.92M |
|
|
PLYM
2559
DELISTED
Plymouth Industrial REIT
PLYM
| $7.49M | ﹤0.01% |
444,524
+72,354
| +19% | +$1.13M |
|
2560
Precision BioSciences
DTIL
$188M
| $7.46M | ﹤0.01% |
24,033
+2,482
| +12% | +$869K |
|
2561
TherapeuticsMD
TXMD
$23.6M
| $7.45M | ﹤0.01% |
111,122
+35,043
| +46% | +$2.74M |
|
2562
ACM Research
ACMR
$5.7B
| $7.44M | ﹤0.01% |
276,369
+27,780
| +11% | +$918K |
|
|
KNTE
2563
DELISTED
Kinnate Biopharma Inc. Common Stock
KNTE
| $7.43M | ﹤0.01% |
238,581
+209,101
| +709% | +$7.29M |
|
2564
Republic Bancorp
RBCAA
$1.97B
| $7.43M | ﹤0.01% |
167,691
+4,111
| +3% | +$170K |
|
2565
Bank First Corp
BFC
$1.73B
| $7.42M | ﹤0.01% |
98,911
+8,102
| +9% | +$572K |
|
|
OLP
2566
One Liberty Properties
OLP
$537M
| $7.42M | ﹤0.01% |
333,045
+34,371
| +12% | +$741K |
|
|
PR
2567
Permian Resources
PR
$17.2B
| $7.4M | ﹤0.01% |
1,762,455
+34,639
| +2% | +$122K |
|
|
CCRN
2568
DELISTED
Cross Country Healthcare
CCRN
| $7.37M | ﹤0.01% |
590,020
+62,878
| +12% | +$667K |
|
2569
EverQuote
EVER
$844M
| $7.34M | ﹤0.01% |
202,414
+23,807
| +13% | +$1.01M |
|
2570
REX American Resources
REX
$1.46B
| $7.34M | ﹤0.01% |
523,584
+24,546
| +5% | +$377K |
|
2571
Hackett Group
HCKT
$284M
| $7.34M | ﹤0.01% |
447,875
+33,440
| +8% | +$518K |
|
2572
Willdan Group
WLDN
$1.16B
| $7.33M | ﹤0.01% |
178,633
+12,386
| +7% | +$570K |
|
2573
Clover Health Investments
CLOV
$2.25B
| $7.32M | ﹤0.01% |
+968,597
| New | +$10.9M |
|
2574
Clarus
CLAR
$129M
| $7.32M | ﹤0.01% |
429,270
+44,797
| +12% | +$761K |
|
2575
Boston Omaha
BOC
$441M
| $7.3M | ﹤0.01% |
247,131
-40,332
| -14% | -$1.46M |
|
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.