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 | |
|---|---|---|---|---|---|---|
2926
Farmers & Merchants Bancorp
FMAO
$479M
| $3.74M | ﹤0.01% |
148,948
-2,552
| -2% | -$62.5K |
|
2927
Entravision Communication
EVC
$1.07B
| $3.73M | ﹤0.01% |
923,157
+51,126
| +6% | +$177K |
|
2928
Vitamin Cottage Natural Grocers
NGVC
$750M
| $3.73M | ﹤0.01% |
212,371
+33,258
| +19% | +$525K |
|
|
GHL
2929
DELISTED
Greenhill & Co., Inc.
GHL
| $3.72M | ﹤0.01% |
225,534
+17,274
| +8% | +$255K |
|
|
FREE
2930
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $3.71M | ﹤0.01% |
+284,454
| New | +$3.62M |
|
2931
Tonix Pharmaceuticals
TNXP
$179M
| $3.71M | ﹤0.01% |
5
+4
| +400% | +$3.06M |
|
|
PTVCB
2932
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $3.7M | ﹤0.01% |
161,812
+34,397
| +27% | +$652K |
|
|
GPX
2933
DELISTED
GP Strategies Corp.
GPX
| $3.69M | ﹤0.01% |
211,525
+12,356
| +6% | +$173K |
|
2934
Orrstown Financial Services
ORRF
$852M
| $3.67M | ﹤0.01% |
164,662
+4,219
| +3% | +$83.9K |
|
|
MSON
2935
DELISTED
Misonix Inc
MSON
| $3.67M | ﹤0.01% |
187,154
-4,038
| -2% | -$67.4K |
|
|
NVO
2936
Novo Nordisk
NVO
$196B
| $3.66M | ﹤0.01% |
108,622
+20,220
| +23% | +$720K |
|
|
SCPL
2937
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $3.65M | ﹤0.01% |
225,580
+17,731
| +9% | +$306K |
|
2938
Aemetis
AMTX
$114M
| $3.65M | ﹤0.01% |
148,696
+53,950
| +57% | +$603K |
|
2939
Vera Bradley
VRA
$99M
| $3.65M | ﹤0.01% |
360,930
+51,368
| +17% | +$483K |
|
2940
Wave Life Sciences
WVE
$1.18B
| $3.64M | ﹤0.01% |
649,530
+20,473
| +3% | +$197K |
|
2941
Comstock Resources
CRK
$3.91B
| $3.63M | ﹤0.01% |
656,236
+69,995
| +12% | +$376K |
|
2942
RLX Technology
RLX
$2.4B
| $3.63M | ﹤0.01% |
+353,370
| New | +$6.8M |
|
2943
Rimini Street
RMNI
$459M
| $3.62M | ﹤0.01% |
404,074
+135,357
| +50% | +$1.05M |
|
|
HBMD
2944
DELISTED
Howard Bancorp, Inc. Common Stock
HBMD
| $3.61M | ﹤0.01% |
219,462
+23,610
| +12% | +$338K |
|
2945
INNOVATE Corp
VATE
$106M
| $3.56M | ﹤0.01% |
90,504
-2,122
| -2% | -$78.8K |
|
2946
AMES National
ATLO
$276M
| $3.56M | ﹤0.01% |
139,299
+24,546
| +21% | +$598K |
|
|
GATO
2947
DELISTED
Gatos Silver, Inc.
GATO
| $3.56M | ﹤0.01% |
356,648
-6,311
| -2% | -$86.2K |
|
2948
Toyota
TM
$224B
| $3.55M | ﹤0.01% |
22,755
+921
| +4% | +$139K |
|
2949
MediciNova
MNOV
$64M
| $3.54M | ﹤0.01% |
701,628
+68,294
| +11% | +$397K |
|
2950
Xeris Biopharma Holdings
XERS
$1.41B
| $3.54M | ﹤0.01% |
785,701
+66,697
| +9% | +$360K |
|
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.