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 | |
|---|---|---|---|---|---|---|
2776
Pure Cycle
PCYO
$255M
| $5.16M | ﹤0.01% |
384,275
+76,752
| +25% | +$931K |
|
2777
Regional Management Corp
RM
$312M
| $5.12M | ﹤0.01% |
147,772
+7,640
| +5% | +$249K |
|
|
QTNT
2778
DELISTED
Quotient Limited Ordinary Shares
QTNT
| $5.12M | ﹤0.01% |
34,789
+2,407
| +7% | +$476K |
|
2779
RPC Inc
RES
$1.31B
| $5.11M | ﹤0.01% |
946,674
+113,648
| +14% | +$576K |
|
2780
Franklin Covey
FC
$244M
| $5.1M | ﹤0.01% |
180,449
+14,308
| +9% | +$374K |
|
2781
JFrog
FROG
$10.4B
| $5.1M | ﹤0.01% |
115,054
+278
| +0.2% | +$16K |
|
2782
Powell Industries
POWL
$7.7B
| $5.1M | ﹤0.01% |
451,605
-186,345
| -29% | -$1.96M |
|
2783
Carter Bankshares
CARE
$792M
| $5.09M | ﹤0.01% |
364,940
-3,800
| -1% | -$46.1K |
|
2784
Fresenius Medical Care
FMS
$12.9B
| $5.09M | ﹤0.01% |
138,064
+385
| +0.3% | +$14.6K |
|
2785
Rekor Systems
REKR
$94.9M
| $5.07M | ﹤0.01% |
253,681
+70,302
| +38% | +$1.05M |
|
2786
NN Inc
NNBR
$297M
| $5.04M | ﹤0.01% |
712,732
+63,172
| +10% | +$430K |
|
|
CNBKA
2787
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $5.04M | ﹤0.01% |
53,980
+1,385
| +3% | +$121K |
|
2788
Plains All American Pipeline
PAA
$16.6B
| $5.01M | ﹤0.01% |
550,616
+2,500
| +0.5% | +$22.8K |
|
|
YARW
2789
Yarrow Bioscience, Inc. Common Stock
YARW
$25.3M
| $4.99M | ﹤0.01% |
811
+170
| +27% | +$1.23M |
|
2790
Schwab Emerging Markets Equity ETF
SCHE
$12.8B
| – | – |
0
| – | – |
|
|
NBEV
2791
DELISTED
NewAge, Inc. Common Stock (Delaware)
NBEV
| $4.99M | ﹤0.01% |
1,744,955
+272,382
| +18% | +$833K |
|
2792
Evolus
EOLS
$403M
| $4.98M | ﹤0.01% |
383,107
+73,649
| +24% | +$679K |
|
|
ZYXI
2793
DELISTED
Zynex
ZYXI
| $4.97M | ﹤0.01% |
358,312
+30,013
| +9% | +$458K |
|
|
GTYH
2794
DELISTED
GTY Technology Holdings, Inc. Common Stock
GTYH
| $4.97M | ﹤0.01% |
777,779
+128,320
| +20% | +$902K |
|
|
EIGR
2795
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $4.96M | ﹤0.01% |
18,700
+3,301
| +21% | +$1.04M |
|
2796
Kodak
KODK
$874M
| $4.92M | ﹤0.01% |
625,779
+72,901
| +13% | +$664K |
|
|
PRTK
2797
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $4.91M | ﹤0.01% |
695,015
+60,355
| +10% | +$435K |
|
2798
Select Water Solutions
WTTR
$2.3B
| $4.88M | ﹤0.01% |
980,108
+54,328
| +6% | +$316K |
|
2799
Artesian Resources
ARTNA
$351M
| $4.88M | ﹤0.01% |
123,904
+2,812
| +2% | +$110K |
|
2800
National CineMedia
NCMI
$388M
| $4.87M | ﹤0.01% |
105,389
+11,139
| +12% | +$492K |
|
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.