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 | |
|---|---|---|---|---|---|---|
3001
Peabody Energy
BTU
$2.73B
| $3.25M | ﹤0.01% |
1,061,183
+43,461
| +4% | +$164K |
|
|
SMED
3002
DELISTED
Sharps Compliance Corp
SMED
| $3.22M | ﹤0.01% |
224,170
+29,043
| +15% | +$374K |
|
3003
Shore Bancshares
SHBI
$828M
| $3.22M | ﹤0.01% |
189,216
+22,789
| +14% | +$351K |
|
3004
Donegal Group Class A
DGICA
$714M
| $3.22M | ﹤0.01% |
216,583
-6,119
| -3% | -$87.6K |
|
3005
UroGen Pharma
URGN
$1.95B
| $3.22M | ﹤0.01% |
165,165
+18,523
| +13% | +$393K |
|
3006
Investar Holding Corp
ISTR
$423M
| $3.22M | ﹤0.01% |
156,519
+1,203
| +0.8% | +$22.6K |
|
|
CWBC
3007
Community West Bancshares
CWBC
$701M
| $3.2M | ﹤0.01% |
173,858
+1,233
| +0.7% | +$21.5K |
|
3008
Escalade
ESCA
$299M
| $3.19M | ﹤0.01% |
152,835
+12,456
| +9% | +$269K |
|
|
AGTC
3009
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $3.19M | ﹤0.01% |
630,012
+318,875
| +102% | +$1.65M |
|
|
BRT
3010
BRT Apartments
BRT
$274M
| $3.19M | ﹤0.01% |
189,447
-854
| -0.4% | -$13.9K |
|
3011
Avalo Therapeutics
AVTX
$946M
| $3.19M | ﹤0.01% |
366
+125
| +52% | +$1.18M |
|
|
MAXN
3012
DELISTED
Maxeon Solar Technologies
MAXN
| $3.17M | ﹤0.01% |
1,006
+126
| +14% | +$480K |
|
3013
KVH Industries
KVHI
$182M
| $3.17M | ﹤0.01% |
250,161
+33,701
| +16% | +$447K |
|
3014
Immersion
IMMR
$254M
| $3.17M | ﹤0.01% |
330,586
+16,908
| +5% | +$201K |
|
3015
Corbus Pharmaceuticals
CRBP
$174M
| $3.17M | ﹤0.01% |
53,584
+6,958
| +15% | +$457K |
|
3016
Orion Energy Systems
OESX
$43M
| $3.16M | ﹤0.01% |
45,456
+5,376
| +13% | +$502K |
|
3017
Spok Holdings
SPOK
$232M
| $3.16M | ﹤0.01% |
301,585
+8,927
| +3% | +$102K |
|
|
GOLD
3018
Gold.com Inc
GOLD
$1.27B
| $3.16M | ﹤0.01% |
175,654
+24,122
| +16% | +$378K |
|
|
DSEY
3019
DELISTED
Diversey Holdings, Ltd. Ordinary Shares
DSEY
| $3.16M | ﹤0.01% |
+214,800
| New | +$3.19M |
|
3020
Applied Optoelectronics
AAOI
$10.8B
| $3.15M | ﹤0.01% |
376,417
+49,295
| +15% | +$495K |
|
3021
BCB Bancorp
BCBP
$158M
| $3.15M | ﹤0.01% |
228,032
+23,854
| +12% | +$313K |
|
3022
Tiptree Inc
TIPT
$660M
| $3.15M | ﹤0.01% |
351,546
-22,269
| -6% | -$129K |
|
|
NESR
3023
National Energy Services Reunited Corp
NESR
$2.9B
| $3.15M | ﹤0.01% |
254,255
+24,856
| +11% | +$292K |
|
3024
Mistras Group
MG
$504M
| $3.13M | ﹤0.01% |
274,828
+8,830
| +3% | +$78.1K |
|
3025
Village Super Market
VLGEA
$656M
| $3.13M | ﹤0.01% |
132,676
+5,767
| +5% | +$133K |
|
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.