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 | |
|---|---|---|---|---|---|---|
2901
Ceco Environmental
CECO
$4.1B
| $3.9M | ﹤0.01% |
492,322
+4,282
| +0.9% | +$33.9K |
|
|
CURO
2902
DELISTED
CURO Group Holdings Corp.
CURO
| $3.9M | ﹤0.01% |
267,520
+32,105
| +14% | +$481K |
|
2903
Coastal Financial
CCB
$673M
| $3.9M | ﹤0.01% |
148,760
+25,893
| +21% | +$640K |
|
2904
HF Foods Group
HFFG
$79.1M
| $3.9M | ﹤0.01% |
539,633
-11,353
| -2% | -$87.7K |
|
2905
Avita Medical
RCEL
$142M
| $3.9M | ﹤0.01% |
196,572
+27,972
| +17% | +$650K |
|
2906
SAP
SAP
$226B
| $3.89M | ﹤0.01% |
31,695
+6,535
| +26% | +$828K |
|
2907
UWM Holdings
UWMC
$661M
| $3.89M | ﹤0.01% |
+490,517
| New | +$4.76M |
|
2908
Covenant Logistics
CVLG
$912M
| $3.88M | ﹤0.01% |
376,850
+35,816
| +11% | +$320K |
|
2909
ACNB Corp
ACNB
$665M
| $3.87M | ﹤0.01% |
131,945
+957
| +0.7% | +$26.8K |
|
2910
Titan International
TWI
$483M
| $3.86M | ﹤0.01% |
415,866
+8,595
| +2% | +$67.4K |
|
|
PSTX
2911
DELISTED
Poseida Therapeutics, Inc. Common Stock
PSTX
| $3.85M | ﹤0.01% |
402,793
+189,886
| +89% | +$1.86M |
|
|
USX
2912
DELISTED
U.S. Xpress Enterprises, Inc. Class A Common Stock
USX
| $3.84M | ﹤0.01% |
326,848
+26,291
| +9% | +$242K |
|
|
PFBI
2913
DELISTED
Premier Financial Bancorp
PFBI
| $3.81M | ﹤0.01% |
204,947
+25,864
| +14% | +$414K |
|
2914
Comscore
SCOR
$112M
| $3.8M | ﹤0.01% |
51,980
+4,467
| +9% | +$315K |
|
2915
Disc Medicine
IRON
$2.99B
| $3.8M | ﹤0.01% |
+9,352
| New | +$4.17M |
|
2916
Pearson
PSO
$9.95B
| $3.8M | ﹤0.01% |
355,301
+38,042
| +12% | +$395K |
|
|
DOYU
2917
DouYu International Holdings
DOYU
$143M
| $3.79M | ﹤0.01% |
36,717
+4,712
| +15% | +$638K |
|
|
MCBC
2918
DELISTED
Macatawa Bank Corp
MCBC
| $3.79M | ﹤0.01% |
381,279
+7,167
| +2% | +$65.8K |
|
2919
MetroCity Bankshares
MCBS
$1.03B
| $3.79M | ﹤0.01% |
246,439
+33,293
| +16% | +$501K |
|
2920
Daktronics
DAKT
$1.04B
| $3.78M | ﹤0.01% |
603,358
+28,004
| +5% | +$158K |
|
|
RAPT
2921
DELISTED
RAPT Therapeutics
RAPT
| $3.76M | ﹤0.01% |
21,189
+3,192
| +18% | +$526K |
|
2922
Park Aerospace
PKE
$808M
| $3.76M | ﹤0.01% |
284,588
+4,739
| +2% | +$66.7K |
|
2923
Alta Equipment Group
ALTG
$243M
| $3.75M | ﹤0.01% |
288,689
+8,596
| +3% | +$93.7K |
|
|
YELL
2924
DELISTED
Yellow Corporation Common Stock
YELL
| $3.75M | ﹤0.01% |
+426,576
| New | +$2.75M |
|
|
XXII
2925
22nd Century Group
XXII
$1.52M
| – | – |
0
| – | – |
|
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.