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 | |
|---|---|---|---|---|---|---|
2726
Cytosorbents Corp
CTSO
$24.3M
| $5.71M | ﹤0.01% |
657,459
+89,052
| +16% | +$849K |
|
2727
SIGA Technologies
SIGA
$227M
| $5.68M | ﹤0.01% |
874,518
+82,927
| +10% | +$562K |
|
2728
VirnetX Holding Corp
VHC
$59.6M
| $5.68M | ﹤0.01% |
51,011
+6,805
| +15% | +$853K |
|
2729
Seneca Foods Class A
SENEA
$1.18B
| $5.68M | ﹤0.01% |
120,625
+14,589
| +14% | +$698K |
|
2730
UFP Technologies
UFPT
$2.52B
| $5.67M | ﹤0.01% |
113,826
+3,943
| +4% | +$193K |
|
|
LITS
2731
Lite Strategy Inc
LITS
$32.5M
| $5.65M | ﹤0.01% |
82,368
+9,685
| +13% | +$677K |
|
2732
Team
TISI
$78.4M
| $5.63M | ﹤0.01% |
48,876
+2,865
| +6% | +$314K |
|
2733
Southern First Bancshares
SFST
$604M
| $5.61M | ﹤0.01% |
119,752
+3,028
| +3% | +$132K |
|
2734
Mercer International
MERC
$46.4M
| $5.6M | ﹤0.01% |
389,309
+10,803
| +3% | +$144K |
|
2735
Ascendis Pharma A/S
ASND
$16.2B
| $5.6M | ﹤0.01% |
43,463
+599
| +1% | +$91K |
|
2736
Daily Journal
DJCO
$818M
| $5.6M | ﹤0.01% |
17,697
+845
| +5% | +$286K |
|
2737
Novartis
NVS
$294B
| $5.6M | ﹤0.01% |
65,511
+8,024
| +14% | +$720K |
|
2738
NVE Corp
NVEC
$620M
| $5.59M | ﹤0.01% |
79,805
+3,520
| +5% | +$239K |
|
2739
Stereotaxis
STXS
$138M
| $5.59M | ﹤0.01% |
831,466
+77,766
| +10% | +$461K |
|
2740
Pulse Biosciences
PLSE
$2.55B
| $5.58M | ﹤0.01% |
235,893
+27,127
| +13% | +$811K |
|
|
EGLE
2741
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $5.56M | ﹤0.01% |
153,867
+12,804
| +9% | +$362K |
|
|
CMBM
2742
DELISTED
Cambium Networks
CMBM
| $5.54M | ﹤0.01% |
118,534
+28,561
| +32% | +$1.13M |
|
2743
Noodles & Co
NDLS
$106M
| $5.53M | ﹤0.01% |
66,846
+6,442
| +11% | +$501K |
|
2744
Distribution Solutions Group
DSGR
$1.61B
| $5.52M | ﹤0.01% |
212,808
+10,488
| +5% | +$273K |
|
|
ATHX
2745
DELISTED
Athersys, Inc. Common Stock
ATHX
| $5.51M | ﹤0.01% |
122,536
+17,107
| +16% | +$888K |
|
2746
argenx
ARGX
$54.4B
| $5.51M | ﹤0.01% |
20,014
+242
| +1% | +$76.5K |
|
2747
KRONOS Worldwide
KRO
$686M
| $5.5M | ﹤0.01% |
359,626
+25,960
| +8% | +$389K |
|
2748
Amalgamated Financial
AMAL
$1.5B
| $5.5M | ﹤0.01% |
331,366
+12,207
| +4% | +$198K |
|
|
XOMA
2749
DELISTED
Xoma
XOMA
| $5.46M | ﹤0.01% |
133,850
-12,871
| -9% | -$498K |
|
2750
MVB Financial
MVBF
$397M
| $5.46M | ﹤0.01% |
161,487
+4,621
| +3% | +$129K |
|
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.