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 | |
|---|---|---|---|---|---|---|
2801
Babcock & Wilcox
BW
$1.42B
| $4.87M | ﹤0.01% |
513,988
+295,328
| +135% | +$1.9M |
|
|
STXB
2802
DELISTED
Spirit of Texas Bancshares, Inc. Common Stock
STXB
| $4.86M | ﹤0.01% |
217,767
-10,757
| -5% | -$219K |
|
2803
SoundThinking
SSTI
$102M
| $4.85M | ﹤0.01% |
138,261
+13,800
| +11% | +$600K |
|
2804
Regis Corp
RGS
$68.7M
| $4.85M | ﹤0.01% |
19,294
+1,108
| +6% | +$242K |
|
|
AKUS
2805
DELISTED
Akouos Inc
AKUS
| $4.81M | ﹤0.01% |
346,855
+109,580
| +46% | +$2M |
|
2806
SmartFinancial
SMBK
$909M
| $4.8M | ﹤0.01% |
221,797
+6,438
| +3% | +$136K |
|
|
APLT
2807
DELISTED
Applied Therapeutics
APLT
| $4.8M | ﹤0.01% |
255,967
+66,479
| +35% | +$1.43M |
|
|
DSSI
2808
DELISTED
Diamond S Shipping Inc. Common Shares
DSSI
| $4.79M | ﹤0.01% |
477,902
+71,351
| +18% | +$580K |
|
2809
RBB Bancorp
RBB
$451M
| $4.79M | ﹤0.01% |
236,344
+13,460
| +6% | +$256K |
|
|
CSTR
2810
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $4.79M | ﹤0.01% |
277,469
+40,729
| +17% | +$654K |
|
2811
Dianthus Therapeutics
DNTH
$5.8B
| $4.78M | ﹤0.01% |
25,237
+7,244
| +40% | +$1.22M |
|
|
GAN
2812
DELISTED
GAN Ltd
GAN
| $4.75M | ﹤0.01% |
261,078
+80,147
| +44% | +$2.03M |
|
2813
Century Casinos
CNTY
$36.3M
| $4.75M | ﹤0.01% |
462,481
+25,882
| +6% | +$216K |
|
2814
Aldeyra Therapeutics
ALDX
$92.3M
| $4.73M | ﹤0.01% |
398,437
+94,932
| +31% | +$1.09M |
|
2815
Apyx Medical
APYX
$176M
| $4.73M | ﹤0.01% |
489,967
+36,788
| +8% | +$368K |
|
|
IVC
2816
DELISTED
Invacare Corporation
IVC
| $4.72M | ﹤0.01% |
588,839
+59,488
| +11% | +$554K |
|
2817
Elbit Systems
ESLT
$38.9B
| $4.72M | ﹤0.01% |
32,999
+437
| +1% | +$59.8K |
|
|
CCRD
2818
DELISTED
CoreCard
CCRD
| $4.71M | ﹤0.01% |
115,222
+13,269
| +13% | +$543K |
|
|
SFT
2819
DELISTED
Shift Technologies, Inc. Class A Common Stock
SFT
| $4.71M | ﹤0.01% |
56,611
-2,532
| -4% | -$223K |
|
2820
Vertex
VERX
$2.17B
| $4.7M | ﹤0.01% |
213,983
+2,889
| +1% | +$90.2K |
|
2821
Heritage Insurance Holdings
HRTG
$915M
| $4.7M | ﹤0.01% |
424,257
+41,687
| +11% | +$435K |
|
2822
XBiotech
XBIT
$68.1M
| $4.69M | ﹤0.01% |
273,238
+32,851
| +14% | +$613K |
|
|
ZEUS
2823
DELISTED
Olympic Steel
ZEUS
| $4.68M | ﹤0.01% |
158,913
+15,696
| +11% | +$304K |
|
2824
Utah Medical Products
UTMD
$232M
| $4.67M | ﹤0.01% |
53,922
+793
| +1% | +$69.7K |
|
|
CNR
2825
Core Natural Resources Inc
CNR
$4.05B
| $4.66M | ﹤0.01% |
479,299
+81,277
| +20% | +$794K |
|
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.