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 | |
|---|---|---|---|---|---|---|
|
EXE
3026
Expand Energy Corp
EXE
$21.6B
| $3.12M | ﹤0.01% |
+71,938
| New | +$3.17M |
|
|
TIG
3027
DELISTED
Trean Insurance Group, Inc. Common Stock
TIG
| $3.11M | ﹤0.01% |
192,586
+25,532
| +15% | +$408K |
|
3028
Bankwell Financial Group
BWFG
$541M
| $3.11M | ﹤0.01% |
115,327
+7,591
| +7% | +$175K |
|
3029
Taysha Gene Therapies
TSHA
$1.75B
| $3.09M | ﹤0.01% |
152,462
-11,352
| -7% | -$307K |
|
|
HMTV
3030
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $3.09M | ﹤0.01% |
264,993
+3,379
| +1% | +$38.7K |
|
3031
BlueLinx
BXC
$509M
| $3.08M | ﹤0.01% |
78,736
+2,870
| +4% | +$112K |
|
|
CRON
3032
Cronos Group
CRON
$1.05B
| $3.08M | ﹤0.01% |
325,998
+24,844
| +8% | +$263K |
|
3033
Methanex
MEOH
$4.18B
| $3.08M | ﹤0.01% |
83,763
-16,702
| -17% | -$653K |
|
|
WMC
3034
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $3.07M | ﹤0.01% |
96,360
+6,578
| +7% | +$208K |
|
3035
Ovid Therapeutics
OVID
$465M
| $3.07M | ﹤0.01% |
763,837
+192,103
| +34% | +$638K |
|
3036
Western New England Bancorp
WNEB
$273M
| $3.06M | ﹤0.01% |
363,667
+8,211
| +2% | +$62.7K |
|
3037
Foster
FSTR
$443M
| $3.06M | ﹤0.01% |
171,181
+17,170
| +11% | +$287K |
|
|
CYBE
3038
DELISTED
Cyberoptics Corp
CYBE
| $3.06M | ﹤0.01% |
117,956
+8,477
| +8% | +$220K |
|
|
KZR
3039
DELISTED
Kezar Life Sciences
KZR
| $3.05M | ﹤0.01% |
51,233
+4,182
| +9% | +$244K |
|
3040
NextDecade
NEXT
$1.77B
| $3.05M | ﹤0.01% |
1,143,397
+91,902
| +9% | +$204K |
|
|
FLNT
3041
Fluent
FLNT
$104M
| $3.04M | ﹤0.01% |
123,447
+9,177
| +8% | +$318K |
|
3042
FVCBankcorp
FVCB
$342M
| $3.03M | ﹤0.01% |
218,666
+19,877
| +10% | +$265K |
|
|
ONCT
3043
DELISTED
Oncternal Therapeutics, Inc. Common Stock
ONCT
| $3.03M | ﹤0.01% |
18,196
+11,022
| +154% | +$1.46M |
|
3044
Timberland Bancorp
TSBK
$348M
| $3.02M | ﹤0.01% |
108,760
+860
| +0.8% | +$23.8K |
|
3045
MeiraGTx Holdings
MGTX
$1.14B
| $3.02M | ﹤0.01% |
209,531
+36,804
| +21% | +$575K |
|
|
AY
3046
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $3.02M | ﹤0.01% |
82,554
+433
| +0.5% | +$17K |
|
3047
Assembly Biosciences
ASMB
$515M
| $3.02M | ﹤0.01% |
54,758
+17,187
| +46% | +$1.14M |
|
|
INBX
3048
DELISTED
Inhibrx, Inc. Common Stock
INBX
| $3.02M | ﹤0.01% |
150,470
+920
| +0.6% | +$26.9K |
|
3049
Verrica Pharmaceuticals
VRCA
$94.3M
| $3.02M | ﹤0.01% |
19,916
+1,439
| +8% | +$199K |
|
|
ESXB
3050
DELISTED
Community Bankers Trust Corporation
ESXB
| $3.01M | ﹤0.01% |
341,486
-28,921
| -8% | -$224K |
|
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.