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 | |
|---|---|---|---|---|---|---|
|
BPY
2701
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $5.95M | ﹤0.01% |
334,502
-18,144
| -5% | -$317K |
|
2702
Greif Class B
GEF.B
$4.22B
| $5.93M | ﹤0.01% |
103,650
+4,428
| +4% | +$232K |
|
2703
Cue Biopharma
CUE
$115M
| $5.93M | ﹤0.01% |
16,202
+1,847
| +13% | +$760K |
|
|
IMDX
2704
Insight Molecular Diagnostics
IMDX
$163M
| $5.92M | ﹤0.01% |
57,054
+19,166
| +51% | +$1.82M |
|
|
HAYN
2705
DELISTED
Haynes International, Inc.
HAYN
| $5.92M | ﹤0.01% |
199,451
+12,977
| +7% | +$350K |
|
|
SEI
2706
Solaris Energy Infrastructure
SEI
$3.48B
| $5.92M | ﹤0.01% |
482,083
+18,198
| +4% | +$207K |
|
|
VLDR
2707
DELISTED
Velodyne Lidar, Inc. Common Stock
VLDR
| $5.9M | ﹤0.01% |
517,715
-3,728
| -0.7% | -$70.1K |
|
|
STFC
2708
DELISTED
State Auto Financial Corp
STFC
| $5.89M | ﹤0.01% |
298,961
+21,092
| +8% | +$388K |
|
2709
Matrix Service
MTRX
$332M
| $5.89M | ﹤0.01% |
449,070
+29,731
| +7% | +$397K |
|
2710
AerCap
AER
$24.5B
| $5.88M | ﹤0.01% |
100,134
+1,469
| +1% | +$71.5K |
|
2711
West Bancorporation
WTBA
$479M
| $5.87M | ﹤0.01% |
243,779
+1,708
| +0.7% | +$38.9K |
|
2712
Puma Biotechnology
PBYI
$405M
| $5.86M | ﹤0.01% |
602,388
+76,049
| +14% | +$849K |
|
|
NTST
2713
NETSTREIT Corp
NTST
$2.05B
| $5.84M | ﹤0.01% |
316,165
+97,272
| +44% | +$1.74M |
|
|
GSKY
2714
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $5.84M | ﹤0.01% |
943,439
+145,893
| +18% | +$837K |
|
|
FPI
2715
Farmland Partners
FPI
$425M
| $5.81M | ﹤0.01% |
518,646
+30,090
| +6% | +$343K |
|
2716
Bridgewater Bancshares
BWB
$587M
| $5.81M | ﹤0.01% |
359,505
+49,424
| +16% | +$730K |
|
2717
ANI Pharmaceuticals
ANIP
$1.82B
| $5.78M | ﹤0.01% |
160,014
+19,600
| +14% | +$614K |
|
|
VOXX
2718
DELISTED
VOXX International Corporation Class A
VOXX
| $5.77M | ﹤0.01% |
302,823
+32,306
| +12% | +$672K |
|
2719
Clearfield
CLFD
$446M
| $5.77M | ﹤0.01% |
191,409
+20,457
| +12% | +$649K |
|
2720
Crinetics Pharmaceuticals
CRNX
$8.9B
| $5.77M | ﹤0.01% |
377,434
+55,933
| +17% | +$867K |
|
2721
Descartes Systems
DSGX
$6.56B
| $5.74M | ﹤0.01% |
93,665
+7,012
| +8% | +$427K |
|
2722
Standard BioTools
LAB
$310M
| $5.74M | ﹤0.01% |
1,268,920
+129,448
| +11% | +$711K |
|
|
CTLP
2723
DELISTED
Cantaloupe
CTLP
| $5.72M | ﹤0.01% |
488,502
+456,131
| +1,409% | +$4.81M |
|
2724
Capital City Bank Group
CCBG
$900M
| $5.71M | ﹤0.01% |
219,552
+11,739
| +6% | +$298K |
|
2725
Civista Bancshares
CIVB
$601M
| $5.71M | ﹤0.01% |
248,917
+8,088
| +3% | +$162K |
|
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.