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 | |
|---|---|---|---|---|---|---|
2676
Lands' End
LE
$399M
| $6.18M | ﹤0.01% |
249,010
+17,889
| +8% | +$525K |
|
2677
Rush Street Interactive
RSI
$2.86B
| $6.18M | ﹤0.01% |
+378,075
| New | +$7.28M |
|
|
HARP
2678
DELISTED
Harpoon Therapeutics, Inc. Common Stock
HARP
| $6.18M | ﹤0.01% |
29,527
+11,233
| +61% | +$2.25M |
|
2679
Transcat
TRNS
$855M
| $6.17M | ﹤0.01% |
125,792
+9,068
| +8% | +$389K |
|
|
RMO
2680
DELISTED
Romeo Power, Inc.
RMO
| $6.17M | ﹤0.01% |
+740,313
| New | +$11.7M |
|
|
TPCO
2681
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $6.15M | ﹤0.01% |
341,659
-22,263
| -6% | -$360K |
|
|
MSP
2682
DELISTED
Datto Holding Corp.
MSP
| $6.14M | ﹤0.01% |
268,044
-2,910
| -1% | -$72.7K |
|
|
AD
2683
Array Digital Infrastructure
AD
$3.02B
| $6.13M | ﹤0.01% |
168,153
-9,577
| -5% | -$316K |
|
2684
American Outdoor Brands
AOUT
$158M
| $6.13M | ﹤0.01% |
243,336
+20,716
| +9% | +$445K |
|
|
SUMO
2685
DELISTED
Sumo Logic, Inc. Common Stock
SUMO
| $6.13M | ﹤0.01% |
324,989
+19,867
| +7% | +$580K |
|
|
CERE
2686
DELISTED
Cerevel Therapeutics Holdings, Inc. Common Stock
CERE
| $6.09M | ﹤0.01% |
443,791
-14,992
| -3% | -$219K |
|
2687
Equity Bancshares
EQBK
$1.06B
| $6.09M | ﹤0.01% |
222,254
-1,652
| -0.7% | -$42.1K |
|
2688
BioNTech
BNTX
$23.2B
| $6.09M | ﹤0.01% |
55,760
+7,635
| +16% | +$811K |
|
|
CONN
2689
DELISTED
Conn's Inc.
CONN
| $6.08M | ﹤0.01% |
312,382
+32,279
| +12% | +$476K |
|
|
BRY
2690
DELISTED
Berry Corp
BRY
| $6.06M | ﹤0.01% |
1,099,390
+194,250
| +21% | +$956K |
|
2691
Eos Energy Enterprises
EOSE
$1.39B
| $6.05M | ﹤0.01% |
306,596
+276,626
| +923% | +$6.2M |
|
|
TTCF
2692
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $6.03M | ﹤0.01% |
310,373
+59,963
| +24% | +$1.35M |
|
|
GWPH
2693
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $6.03M | ﹤0.01% |
27,797
+582
| +2% | +$109K |
|
2694
CNB Financial Corp
CCNE
$1.05B
| $6.03M | ﹤0.01% |
244,933
+10,411
| +4% | +$246K |
|
|
CAMP
2695
DELISTED
CalAmp Corp.
CAMP
| $6.02M | ﹤0.01% |
24,112
+1,527
| +7% | +$388K |
|
2696
Old Second Bancorp
OSBC
$1.32B
| $6.01M | ﹤0.01% |
454,845
+32,756
| +8% | +$386K |
|
2697
Itaú Unibanco
ITUB
$92.4B
| $5.99M | ﹤0.01% |
1,658,481
+277,858
| +20% | +$1.05M |
|
2698
First Internet Bancorp
INBK
$251M
| $5.98M | ﹤0.01% |
169,860
+15,155
| +10% | +$507K |
|
|
PAYA
2699
DELISTED
Paya Holdings Inc. Class A Common Stock
PAYA
| $5.96M | ﹤0.01% |
543,818
+22,564
| +4% | +$288K |
|
|
TACO
2700
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $5.95M | ﹤0.01% |
621,445
+51,669
| +9% | +$526K |
|
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.