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 | |
|---|---|---|---|---|---|---|
2751
NWPX Infrastructure Inc
NWPX
$1.22B
| $5.45M | ﹤0.01% |
163,131
+7,001
| +4% | +$227K |
|
2752
Nuvation Bio
NUVB
$2.24B
| $5.45M | ﹤0.01% |
+521,582
| New | +$5.83M |
|
2753
GSK
GSK
$103B
| $5.41M | ﹤0.01% |
121,259
+6,916
| +6% | +$314K |
|
|
DSPG
2754
DELISTED
DSP Group Inc
DSPG
| $5.4M | ﹤0.01% |
378,892
+33,667
| +10% | +$538K |
|
|
AMNB
2755
DELISTED
American National Bankshares Inc
AMNB
| $5.39M | ﹤0.01% |
163,033
+680
| +0.4% | +$21K |
|
2756
W&T Offshore
WTI
$509M
| $5.37M | ﹤0.01% |
1,497,072
+134,730
| +10% | +$419K |
|
2757
Spero Therapeutics
SPRO
$71.2M
| $5.35M | ﹤0.01% |
363,611
+5,463
| +2% | +$96.1K |
|
|
ATNX
2758
DELISTED
Athenex, Inc. Common Stock
ATNX
| $5.33M | ﹤0.01% |
62,013
+4,452
| +8% | +$853K |
|
2759
CorMedix
CRMD
$590M
| $5.33M | ﹤0.01% |
533,356
+73,613
| +16% | +$775K |
|
|
PRTY
2760
DELISTED
Party City Holdco Inc.
PRTY
| $5.33M | ﹤0.01% |
918,704
+82,002
| +10% | +$596K |
|
|
CASA
2761
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $5.32M | ﹤0.01% |
558,300
+81,268
| +17% | +$687K |
|
2762
FRP Holdings
FRPH
$431M
| $5.32M | ﹤0.01% |
216,104
+3,502
| +2% | +$82.5K |
|
2763
Intrepid Potash
IPI
$456M
| $5.3M | ﹤0.01% |
162,707
+12,628
| +8% | +$373K |
|
2764
El Pollo Loco
LOCO
$503M
| $5.3M | ﹤0.01% |
328,559
+42,535
| +15% | +$813K |
|
2765
Acacia Research
ACTG
$445M
| $5.29M | ﹤0.01% |
795,593
+91,088
| +13% | +$574K |
|
|
CTO
2766
CTO Realty Growth
CTO
$819M
| $5.28M | ﹤0.01% |
304,764
+32,550
| +12% | +$527K |
|
2767
Citizens & Northern Corp
CZNC
$455M
| $5.26M | ﹤0.01% |
221,100
+25,194
| +13% | +$546K |
|
|
CBAY
2768
DELISTED
Cymabay Therapeutics
CBAY
| $5.25M | ﹤0.01% |
1,156,974
+117,409
| +11% | +$632K |
|
|
LUNA
2769
DELISTED
Luna Innovations Incorporated
LUNA
| $5.23M | ﹤0.01% |
496,438
+64,873
| +15% | +$725K |
|
2770
Q32 Bio
QTTB
$480M
| $5.22M | ﹤0.01% |
30,840
+3,590
| +13% | +$756K |
|
2771
Spyre Therapeutics
SYRE
$9.11B
| $5.21M | ﹤0.01% |
26,315
+3,634
| +16% | +$697K |
|
|
ROCC
2772
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $5.21M | ﹤0.01% |
388,526
+45,406
| +13% | +$624K |
|
|
GNTY
2773
DELISTED
Guaranty Bancshares
GNTY
| $5.2M | ﹤0.01% |
141,536
+4,852
| +4% | +$154K |
|
2774
InfuSystem Holdings
INFU
$249M
| $5.19M | ﹤0.01% |
254,890
+40,155
| +19% | +$752K |
|
2775
iBio
IBIO
$72.5M
| $5.16M | ﹤0.01% |
6,701
+1,759
| +36% | +$1.53M |
|
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.