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 | |
|---|---|---|---|---|---|---|
2576
Vital Farms
VITL
$548M
| $7.28M | ﹤0.01% |
333,532
+132,421
| +66% | +$3.47M |
|
|
ICAD
2577
DELISTED
iCAD Inc
ICAD
| $7.28M | ﹤0.01% |
343,124
+32,006
| +10% | +$539K |
|
2578
DHT Holdings
DHT
$2.92B
| $7.28M | ﹤0.01% |
1,227,500
+124,119
| +11% | +$721K |
|
2579
Grid Dynamics Holdings
GDYN
$588M
| $7.28M | ﹤0.01% |
456,885
+44,269
| +11% | +$636K |
|
2580
Celldex Therapeutics
CLDX
$3.07B
| $7.26M | ﹤0.01% |
352,697
+53,643
| +18% | +$1.23M |
|
2581
Hooker Furnishings Corp
HOFT
$164M
| $7.26M | ﹤0.01% |
199,237
+19,100
| +11% | +$653K |
|
2582
Kymera Therapeutics
KYMR
$8.59B
| $7.25M | ﹤0.01% |
186,658
-5,263
| -3% | -$317K |
|
|
SPNE
2583
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $7.24M | ﹤0.01% |
415,992
+33,796
| +9% | +$606K |
|
2584
Scorpio Tankers
STNG
$3.89B
| $7.22M | ﹤0.01% |
391,336
+41,128
| +12% | +$636K |
|
2585
Black Diamond Therapeutics
BDTX
$102M
| $7.21M | ﹤0.01% |
297,437
+27,512
| +10% | +$742K |
|
2586
Hingham Institution for Saving
HIFS
$668M
| $7.21M | ﹤0.01% |
25,425
+1,048
| +4% | +$262K |
|
2587
Arrow Financial
AROW
$674M
| $7.21M | ﹤0.01% |
236,383
-1,615
| -0.7% | -$47.5K |
|
2588
Hims & Hers Health
HIMS
$7.44B
| $7.19M | ﹤0.01% |
+543,675
| New | +$9.11M |
|
|
ACRE
2589
Ares Commercial Real Estate
ACRE
$257M
| $7.19M | ﹤0.01% |
524,102
+50,081
| +11% | +$655K |
|
2590
International Money Express
IMXI
$370M
| $7.19M | ﹤0.01% |
479,080
+49,403
| +11% | +$764K |
|
2591
Globalstar
GSAT
$10.8B
| $7.15M | ﹤0.01% |
353,305
+24,389
| +7% | +$510K |
|
2592
Shattuck Labs
STTK
$696M
| $7.13M | ﹤0.01% |
243,790
+2,768
| +1% | +$116K |
|
2593
C4 Therapeutics
CCCC
$399M
| $7.12M | ﹤0.01% |
192,592
+3,341
| +2% | +$133K |
|
|
MTEM
2594
DELISTED
Molecular Templates, Inc.
MTEM
| $7.12M | ﹤0.01% |
37,631
+4,925
| +15% | +$864K |
|
2595
IDT Corp
IDT
$1.67B
| $7.11M | ﹤0.01% |
313,964
+32,046
| +11% | +$573K |
|
2596
Motorcar Parts of America
MPAA
$257M
| $7.11M | ﹤0.01% |
316,166
+24,177
| +8% | +$532K |
|
2597
Lufax Holding
LU
$1.31B
| $7.11M | ﹤0.01% |
123,599
+7,036
| +6% | +$432K |
|
2598
Olema Pharmaceuticals
OLMA
$985M
| $7.11M | ﹤0.01% |
214,223
+187,725
| +708% | +$8.04M |
|
2599
Spruce Power Holding Corp
SPRU
$38.9M
| $7.1M | ﹤0.01% |
+98,891
| New | +$13.1M |
|
2600
Business First Bancshares
BFST
$1.04B
| $7.09M | ﹤0.01% |
296,510
+20,131
| +7% | +$448K |
|
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.