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 | |
|---|---|---|---|---|---|---|
|
ETNB
2976
DELISTED
89bio
ETNB
| $3.39M | ﹤0.01% |
143,064
+18,739
| +15% | +$433K |
|
|
TA
2977
DELISTED
TravelCenters of America LLC
TA
| $3.39M | ﹤0.01% |
124,840
+15,662
| +14% | +$454K |
|
2978
Unilever
UL
$138B
| $3.38M | ﹤0.01% |
53,897
-959
| -2% | -$61.1K |
|
|
SRGA
2979
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $3.38M | ﹤0.01% |
51,632
+18,053
| +54% | +$1.26M |
|
2980
LSI Industries
LYTS
$908M
| $3.37M | ﹤0.01% |
395,334
+10,320
| +3% | +$96.1K |
|
2981
Fulcrum Therapeutics
FULC
$290M
| $3.35M | ﹤0.01% |
284,737
+77,067
| +37% | +$953K |
|
|
ASXC
2982
DELISTED
Asensus Surgical, Inc.
ASXC
| $3.34M | ﹤0.01% |
1,028,065
+663,776
| +182% | +$2.4M |
|
|
PFHD
2983
DELISTED
Professional Holding Corp. Class A Common stock
PFHD
| $3.34M | ﹤0.01% |
181,830
+50,076
| +38% | +$840K |
|
2984
AquaBounty Technologies
AQB
$4.68M
| $3.33M | ﹤0.01% |
24,895
+13,890
| +126% | +$2.39M |
|
|
UBX
2985
DELISTED
Unity Biotechnology
UBX
| $3.33M | ﹤0.01% |
55,512
+8,685
| +19% | +$592K |
|
2986
Harmony Biosciences
HRMY
$2.25B
| $3.33M | ﹤0.01% |
100,757
+9,357
| +10% | +$328K |
|
2987
Smith Micro Software
SMSI
$15.7M
| $3.33M | ﹤0.01% |
15,118
+1,966
| +15% | +$519K |
|
|
TBHC
2988
DELISTED
The Brand House Collective
TBHC
| $3.33M | ﹤0.01% |
118,426
+13,095
| +12% | +$327K |
|
|
BOCH
2989
DELISTED
Bank of Commerce Holdings (CA)
BOCH
| $3.32M | ﹤0.01% |
260,529
+4,951
| +2% | +$54.8K |
|
|
IIN
2990
DELISTED
IntriCon Corporation
IIN
| $3.32M | ﹤0.01% |
129,440
+8,107
| +7% | +$179K |
|
2991
BayCom
BCML
$338M
| $3.31M | ﹤0.01% |
183,855
+1,271
| +0.7% | +$20.8K |
|
2992
Qfin Holdings
QFIN
$1.65B
| $3.3M | ﹤0.01% |
127,051
+18,917
| +17% | +$421K |
|
2993
National Bankshares
NKSH
$262M
| $3.3M | ﹤0.01% |
93,007
+528
| +0.6% | +$17.9K |
|
|
LBC
2994
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $3.3M | ﹤0.01% |
278,718
+2,182
| +0.8% | +$23.4K |
|
2995
Millicom
TIGO
$15.6B
| $3.29M | ﹤0.01% |
86,260
+18,746
| +28% | +$720K |
|
2996
Northeast Bank
NBN
$1.16B
| $3.29M | ﹤0.01% |
124,569
+740
| +0.6% | +$19.8K |
|
2997
Harvard Bioscience
HBIO
$28.5M
| $3.28M | ﹤0.01% |
60,104
+5,433
| +10% | +$264K |
|
2998
Tarsus Pharmaceuticals
TARS
$2.67B
| $3.28M | ﹤0.01% |
101,809
-8,566
| -8% | -$317K |
|
2999
Root
ROOT
$936M
| $3.26M | ﹤0.01% |
14,248
+1,189
| +9% | +$360K |
|
3000
South Plains Financial
SPFI
$857M
| $3.26M | ﹤0.01% |
143,541
+40,514
| +39% | +$845K |
|
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.