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 | |
|---|---|---|---|---|---|---|
|
RYZ
2851
Ryerson Holding Corp
RYZ
$1.4B
| $4.44M | ﹤0.01% |
260,444
+14,631
| +6% | +$219K |
|
2852
Ericsson
ERIC
$33.7B
| $4.43M | ﹤0.01% |
335,661
+1,253
| +0.4% | +$16K |
|
2853
FS Bancorp
FSBW
$319M
| $4.41M | ﹤0.01% |
131,382
+1,752
| +1% | +$54.2K |
|
|
SMMF
2854
DELISTED
Summit Financial Group, Inc.
SMMF
| $4.41M | ﹤0.01% |
165,935
+21,117
| +15% | +$500K |
|
|
AXDX
2855
DELISTED
Accelerate Diagnostics
AXDX
| $4.4M | ﹤0.01% |
52,892
+6,135
| +13% | +$622K |
|
2856
Preformed Line Products
PLPC
$2.07B
| $4.4M | ﹤0.01% |
63,991
+4,177
| +7% | +$293K |
|
2857
Cadiz
CDZI
$267M
| $4.4M | ﹤0.01% |
458,594
-5,244
| -1% | -$56.3K |
|
|
AIOT
2858
PowerFleet Inc
AIOT
$576M
| $4.4M | ﹤0.01% |
534,892
+155,209
| +41% | +$1.28M |
|
|
NOAH
2859
Noah Holdings
NOAH
$577M
| $4.39M | ﹤0.01% |
99,932
+2,331
| +2% | +$111K |
|
|
OTRK
2860
DELISTED
Ontrak
OTRK
| $4.38M | ﹤0.01% |
1,495
+158
| +12% | +$832K |
|
2861
Superior Group of Companies
SGC
$218M
| $4.37M | ﹤0.01% |
171,999
+23,232
| +16% | +$579K |
|
2862
Hurco Companies Inc
HURC
$139M
| $4.36M | ﹤0.01% |
123,457
+8,719
| +8% | +$282K |
|
2863
Kartoon Studios
TOON
$35.4M
| $4.34M | ﹤0.01% |
223,947
+42,951
| +24% | +$816K |
|
2864
Home Bancorp
HBCP
$571M
| $4.34M | ﹤0.01% |
120,475
+13,235
| +12% | +$435K |
|
2865
Northrim BanCorp
NRIM
$602M
| $4.33M | ﹤0.01% |
407,944
+11,936
| +3% | +$115K |
|
|
DOO
2866
Bombardier Recreational Products
DOO
$4.73B
| $4.33M | ﹤0.01% |
48,667
+11,396
| +31% | +$834K |
|
|
EBTC
2867
DELISTED
Enterprise Bancorp
EBTC
| $4.3M | ﹤0.01% |
132,261
+990
| +0.8% | +$29K |
|
2868
Talos Energy
TALO
$2.38B
| $4.3M | ﹤0.01% |
357,252
+93,437
| +35% | +$1.01M |
|
|
PCSB
2869
DELISTED
PCSB Financial Corporation
PCSB
| $4.3M | ﹤0.01% |
258,954
+1,218
| +0.5% | +$20K |
|
2870
UBS Group
UBS
$175B
| $4.3M | ﹤0.01% |
276,834
+53,133
| +24% | +$817K |
|
|
AGS
2871
DELISTED
PlayAGS
AGS
| $4.25M | ﹤0.01% |
526,673
+83,174
| +19% | +$592K |
|
2872
Limoneira
LMNR
$246M
| $4.25M | ﹤0.01% |
242,761
+3,377
| +1% | +$55.8K |
|
2873
Lakeland Industries
LAKE
$119M
| $4.24M | ﹤0.01% |
152,120
+22,847
| +18% | +$710K |
|
2874
Citizens
CIA
$235M
| $4.2M | ﹤0.01% |
725,857
+30,206
| +4% | +$186K |
|
2875
Genco Shipping & Trading
GNK
$1.13B
| $4.2M | ﹤0.01% |
416,328
+84,645
| +26% | +$816K |
|
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.