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 | |
|---|---|---|---|---|---|---|
|
RBNC
2601
DELISTED
Reliant Bancorp, Inc. Common Stock
RBNC
| $7.03M | ﹤0.01% |
244,950
+33,224
| +16% | +$763K |
|
|
HGEN
2602
DELISTED
HUMANIGEN, INC.
HGEN
| $7.01M | ﹤0.01% |
367,325
+13,497
| +4% | +$246K |
|
|
MOFG
2603
DELISTED
MidWestOne Financial Group
MOFG
| $7.01M | ﹤0.01% |
226,378
+11,196
| +5% | +$318K |
|
|
DRRX
2604
DELISTED
DURECT Corp
DRRX
| $7.01M | ﹤0.01% |
353,918
+52,037
| +17% | +$1.17M |
|
|
GOCO
2605
DELISTED
GoHealth
GOCO
| $6.99M | ﹤0.01% |
39,869
+3,970
| +11% | +$801K |
|
|
MILE
2606
DELISTED
Metromile, Inc. Common Stock
MILE
| $6.99M | ﹤0.01% |
+679,321
| New | +$10.4M |
|
|
BCEL
2607
DELISTED
Atreca, Inc. Class A Common Stock
BCEL
| $6.98M | ﹤0.01% |
455,212
+63,008
| +16% | +$1.02M |
|
2608
Amerant Bancorp
AMTB
$1.16B
| $6.96M | ﹤0.01% |
374,569
+14,106
| +4% | +$236K |
|
|
KDNY
2609
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $6.93M | ﹤0.01% |
446,037
+35,817
| +9% | +$584K |
|
|
ZIXI
2610
DELISTED
Zix Corporation
ZIXI
| $6.92M | ﹤0.01% |
916,135
+78,281
| +9% | +$659K |
|
|
MGI
2611
DELISTED
MoneyGram International, Inc. New
MGI
| $6.91M | ﹤0.01% |
1,051,782
+160,538
| +18% | +$1.18M |
|
2612
Bolt Biotherapeutics
BOLT
$7.59M
| $6.91M | ﹤0.01% |
+10,493
| New | +$6.83M |
|
2613
Clear Channel Outdoor Holdings
CCO
$1.24B
| $6.89M | ﹤0.01% |
3,829,180
+226,658
| +6% | +$429K |
|
|
FLXN
2614
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $6.89M | ﹤0.01% |
769,975
+65,425
| +9% | +$750K |
|
2615
Praxis Precision Medicines
PRAX
$8.64B
| $6.88M | ﹤0.01% |
14,011
+341
| +2% | +$242K |
|
2616
Rocky Brands
RCKY
$378M
| $6.88M | ﹤0.01% |
127,358
+6,041
| +5% | +$237K |
|
|
ARVL
2617
DELISTED
Arrival Ordinary Shares
ARVL
| $6.88M | ﹤0.01% |
+8,574
| New | +$8.43M |
|
2618
Resources Connection
RGP
$158M
| $6.88M | ﹤0.01% |
508,113
-203,723
| -29% | -$2.63M |
|
|
RVI
2619
DELISTED
Retail Value Inc. Common Shares
RVI
| $6.87M | ﹤0.01% |
4,001,835
+441,638
| +12% | +$679K |
|
|
NAGE
2620
Niagen Bioscience
NAGE
$276M
| $6.87M | ﹤0.01% |
735,737
+79,312
| +12% | +$629K |
|
2621
Sierra Bancorp
BSRR
$525M
| $6.85M | ﹤0.01% |
255,509
+16,825
| +7% | +$423K |
|
|
MYOV
2622
DELISTED
Myovant Sciences Ltd.
MYOV
| $6.85M | ﹤0.01% |
+332,719
| New | +$7.57M |
|
|
HCCI
2623
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $6.84M | ﹤0.01% |
251,978
+27,391
| +12% | +$686K |
|
2624
Compañía de Minas Buenaventura
BVN
$8.19B
| $6.83M | ﹤0.01% |
+687,582
| New | +$7.47M |
|
|
TCS
2625
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $6.82M | ﹤0.01% |
27,310
+8,320
| +44% | +$1.86M |
|
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.