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 | |
|---|---|---|---|---|---|---|
|
APHA
2626
DELISTED
Aphria Inc. Common Shares
APHA
| $6.81M | ﹤0.01% |
370,627
+43,376
| +13% | +$703K |
|
2627
Quantum Corp
QMCO
$451M
| $6.8M | ﹤0.01% |
40,837
+16,670
| +69% | +$2.65M |
|
2628
Verastem
VSTM
$511M
| $6.78M | ﹤0.01% |
228,593
+29,580
| +15% | +$829K |
|
2629
Banco Bradesco
BBD
$37.9B
| $6.77M | ﹤0.01% |
1,743,816
+241,077
| +16% | +$926K |
|
2630
Viking Therapeutics
VKTX
$3.84B
| $6.73M | ﹤0.01% |
1,064,624
+90,936
| +9% | +$640K |
|
2631
Dorian LPG
LPG
$1.86B
| $6.73M | ﹤0.01% |
512,514
-13,450
| -3% | -$178K |
|
2632
Tejon Ranch
TRC
$451M
| $6.73M | ﹤0.01% |
401,976
+38,394
| +11% | +$633K |
|
2633
Blue Bird Corp
BLBD
$2.46B
| $6.72M | ﹤0.01% |
268,521
+25,872
| +11% | +$590K |
|
2634
Frontline
FRO
$8.68B
| $6.69M | ﹤0.01% |
935,358
+95,170
| +11% | +$656K |
|
|
JOBS
2635
DELISTED
51job Inc
JOBS
| $6.68M | ﹤0.01% |
107,546
+4,856
| +5% | +$324K |
|
2636
Bristow Group
VTOL
$1.41B
| $6.66M | ﹤0.01% |
257,159
+41,784
| +19% | +$1.14M |
|
2637
AbCellera Biologics
ABCL
$1.86B
| $6.64M | ﹤0.01% |
195,537
+5,431
| +3% | +$216K |
|
|
TBRG
2638
DELISTED
TruBridge
TBRG
| $6.63M | ﹤0.01% |
216,662
+17,801
| +9% | +$548K |
|
2639
Bar Harbor Bankshares
BHB
$682M
| $6.62M | ﹤0.01% |
224,963
+8,378
| +4% | +$218K |
|
2640
Oportun Financial
OPRT
$276M
| $6.61M | ﹤0.01% |
319,388
+34,042
| +12% | +$623K |
|
2641
Neurogene
NGNE
$686M
| $6.61M | ﹤0.01% |
26,862
+3,097
| +13% | +$792K |
|
|
TBCH
2642
Turtle Beach Corp
TBCH
$276M
| $6.61M | ﹤0.01% |
247,731
+29,712
| +14% | +$814K |
|
2643
Oil States International
OIS
$507M
| $6.59M | ﹤0.01% |
1,093,396
+82,832
| +8% | +$565K |
|
2644
Universal Insurance Holdings
UVE
$1.23B
| $6.58M | ﹤0.01% |
458,820
+37,230
| +9% | +$556K |
|
|
ONTF
2645
DELISTED
ON24
ONTF
| $6.57M | ﹤0.01% |
+135,342
| New | +$7.89M |
|
|
WCN
2646
Waste Connections
WCN
$41.7B
| $6.56M | ﹤0.01% |
61,735
+13,197
| +27% | +$1.34M |
|
2647
IDEAYA Biosciences
IDYA
$3.48B
| $6.54M | ﹤0.01% |
278,093
+57,324
| +26% | +$1.11M |
|
|
BNFT
2648
DELISTED
Benefitfocus, Inc.
BNFT
| $6.49M | ﹤0.01% |
469,834
+50,243
| +12% | +$723K |
|
2649
UNIFI
UFI
$126M
| $6.49M | ﹤0.01% |
235,382
+27,319
| +13% | +$659K |
|
2650
Kopin
KOPN
$769M
| $6.48M | ﹤0.01% |
617,994
+147,913
| +31% | +$1.12M |
|
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.