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
|
+$786M |
| 2 |
Apple
AAPL
|
+$564M |
| 3 |
Amazon
AMZN
|
+$486M |
| 4 |
Meta Platforms (Facebook)
META
|
+$331M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$327M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sherwin-Williams
SHW
|
+$1.88B |
| 2 |
Alibaba
BABA
|
+$1.21B |
| 3 |
Home Depot
HD
|
+$320M |
| 4 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$274M |
| 5 |
FLIR
FLIR Systems, Inc. (DE) Common Stock
FLIR
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.98% |
| 2 | Financials | 13.87% |
| 3 | Healthcare | 13.39% |
| 4 | Consumer Discretionary | 11.81% |
| 5 | Communication Services | 10.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2576
Cooper-Standard Automotive
CPS
$538M
| $8.49M | ﹤0.01% |
292,831
+7,561
| +3% | +$234K |
|
2577
Kartoon Studios
TOON
$35.6M
| $8.47M | ﹤0.01% |
460,609
+236,662
| +106% | +$4.14M |
|
2578
Rafael Holdings
RFL
$104M
| $8.45M | ﹤0.01% |
167,914
+6,363
| +4% | +$277K |
|
|
EGLE
2579
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $8.45M | ﹤0.01% |
178,592
+24,725
| +16% | +$1.12M |
|
2580
Veru
VERU
$36.3M
| $8.45M | ﹤0.01% |
104,700
+11,083
| +12% | +$976K |
|
2581
Scorpio Tankers
STNG
$3.89B
| $8.45M | ﹤0.01% |
383,049
-8,287
| -2% | -$168K |
|
|
BZUN
2582
Baozun
BZUN
$175M
| $8.44M | ﹤0.01% |
239,960
+21,221
| +10% | +$748K |
|
2583
International Seaways
INSW
$4.71B
| $8.43M | ﹤0.01% |
439,488
+5,611
| +1% | +$109K |
|
2584
Hovnanian Enterprises
HOV
$764M
| $8.43M | ﹤0.01% |
79,269
+41,415
| +109% | +$4.81M |
|
|
BFX
2585
DELISTED
BowFlex Inc.
BFX
| $8.41M | ﹤0.01% |
499,328
+15,052
| +3% | +$254K |
|
|
TBCH
2586
Turtle Beach Corp
TBCH
$254M
| $8.39M | ﹤0.01% |
262,859
+15,128
| +6% | +$459K |
|
2587
Napco Security Technologies
NSSC
$1.36B
| $8.39M | ﹤0.01% |
461,368
+10,526
| +2% | +$180K |
|
2588
Accuray
ARAY
$32.2M
| $8.36M | ﹤0.01% |
1,849,940
+46,453
| +3% | +$218K |
|
2589
MasterCraft Boat Holdings
MCFT
$582M
| $8.36M | ﹤0.01% |
317,981
+5,968
| +2% | +$167K |
|
|
FREE
2590
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $8.36M | ﹤0.01% |
576,320
+291,866
| +103% | +$3.9M |
|
2591
Alerus Financial
ALRS
$853M
| $8.35M | ﹤0.01% |
287,869
+35,685
| +14% | +$1.12M |
|
|
CONN
2592
DELISTED
Conn's Inc.
CONN
| $8.35M | ﹤0.01% |
327,407
+15,025
| +5% | +$347K |
|
2593
Lindblad Expeditions
LIND
$2.17B
| $8.34M | ﹤0.01% |
520,926
+39,005
| +8% | +$660K |
|
|
SCU
2594
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $8.34M | ﹤0.01% |
338,974
+43,182
| +15% | +$1.04M |
|
|
ORC
2595
Orchid Island Capital
ORC
$1.29B
| $8.3M | ﹤0.01% |
319,943
+35,395
| +12% | +$983K |
|
2596
Tidewater
TDW
$3.55B
| $8.27M | ﹤0.01% |
686,532
+23,103
| +3% | +$307K |
|
2597
EverQuote
EVER
$852M
| $8.27M | ﹤0.01% |
252,992
+50,578
| +25% | +$1.69M |
|
|
SGFY
2598
DELISTED
Signify Health, Inc.
SGFY
| $8.24M | ﹤0.01% |
270,718
+7,088
| +3% | +$195K |
|
2599
Compañía de Minas Buenaventura
BVN
$7.74B
| $8.23M | ﹤0.01% |
916,203
+228,621
| +33% | +$2.4M |
|
|
AUD
2600
DELISTED
Audacy, Inc.
AUD
| $8.22M | ﹤0.01% |
1,907,063
+20,790
| +1% | +$95.5K |
|
Similar funds
Geode Capital Management's Q2 2021 Portfolio in Review
As of Q2 2021, Geode Capital Management held 4,790 positions worth $726B, up 11% from $654B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Geode Capital Management's Q2 2021 filing shows 331 new, 3,384 increased, 720 reduced and 74 closed positions. Its largest new stake was Organon & Co: 5,070,121 shares worth $153M. The largest sale was Sherwin-Williams, an estimated $1.88B.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 23% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q2 2021 buy was Organon & Co: 5,070,121 shares worth $153M.
- Geode Capital Management added most to Microsoft in Q2 2021, an estimated $786M increase.
- Geode Capital Management's biggest Q2 2021 reduction was Sherwin-Williams, cutting an estimated $1.88B.
- Geode Capital Management fully exited Varian Medical Systems, Inc. in Q2 2021, selling an estimated $274M.
- Geode Capital Management's ten largest holdings make up 22% of its $726B portfolio in Q2 2021.
- Geode Capital Management opened 331 new positions and closed 74 in Q2 2021.
- Geode Capital Management's portfolio value rose 11% quarter-over-quarter to $726B.
Based on Geode Capital Management's 13F filing for Q2 2021, filed 13 Aug 2021.