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 | |
|---|---|---|---|---|---|---|
3126
McEwen Inc
MUX
$1.07B
| $2.6M | ﹤0.01% |
249,528
+33,359
| +15% | +$366K |
|
3127
Freedom Holding
FRHC
$9.73B
| $2.59M | ﹤0.01% |
48,600
+4,680
| +11% | +$246K |
|
3128
NI Holdings
NODK
$318M
| $2.58M | ﹤0.01% |
139,635
+1,077
| +0.8% | +$19.3K |
|
|
CS
3129
DELISTED
Credit Suisse Group
CS
| $2.58M | ﹤0.01% |
243,415
+37,552
| +18% | +$508K |
|
|
AGRX
3130
DELISTED
Agile Therapeutics
AGRX
| $2.57M | ﹤0.01% |
619
+68
| +12% | +$368K |
|
3131
Equinor
EQNR
$94.8B
| $2.57M | ﹤0.01% |
131,973
+23,206
| +21% | +$441K |
|
|
CAJ
3132
DELISTED
Canon, Inc.
CAJ
| $2.56M | ﹤0.01% |
112,458
+25,920
| +30% | +$564K |
|
3133
Lifetime Brands
LCUT
$195M
| $2.55M | ﹤0.01% |
173,608
+378
| +0.2% | +$5.46K |
|
|
GFN
3134
DELISTED
General Finance Corporation
GFN
| $2.55M | ﹤0.01% |
209,664
+837
| +0.4% | +$8.47K |
|
|
TREC
3135
DELISTED
Trecora Resources
TREC
| $2.54M | ﹤0.01% |
326,820
+22,312
| +7% | +$163K |
|
3136
Harrow
HROW
$1.46B
| $2.53M | ﹤0.01% |
375,435
+31,433
| +9% | +$258K |
|
3137
Exicure
XCUR
$10.1M
| $2.53M | ﹤0.01% |
7,752
+528
| +7% | +$182K |
|
3138
InnovAge Holding
INNV
$1.52B
| $2.53M | ﹤0.01% |
+98,155
| New | +$2.42M |
|
|
CVLY
3139
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $2.53M | ﹤0.01% |
137,256
+906
| +0.7% | +$15.7K |
|
|
TRVN
3140
DELISTED
Trevena, Inc.
TRVN
| $2.52M | ﹤0.01% |
2,256
+439
| +24% | +$607K |
|
3141
Oil-Dri
ODC
$1.41B
| $2.52M | ﹤0.01% |
146,526
+1,120
| +0.8% | +$19.8K |
|
3142
AgEagle Aerial Systems
UAVS
$42.1M
| $2.52M | ﹤0.01% |
403
+38
| +10% | +$356K |
|
3143
Crawford & Co Class A
CRD.A
$552M
| $2.51M | ﹤0.01% |
235,803
+34,008
| +17% | +$309K |
|
3144
First Northwest Bancorp
FNWB
$107M
| $2.51M | ﹤0.01% |
151,136
+25,878
| +21% | +$428K |
|
|
CKPT
3145
DELISTED
Checkpoint Therapeutics
CKPT
| $2.51M | ﹤0.01% |
79,855
+15,978
| +25% | +$535K |
|
3146
NextCure
NXTC
$17.9M
| $2.5M | ﹤0.01% |
20,861
+5,294
| +34% | +$767K |
|
3147
DHI Group
DHX
$175M
| $2.5M | ﹤0.01% |
747,017
+4,768
| +0.6% | +$13.6K |
|
3148
Riverview Bancorp
RVSB
$109M
| $2.49M | ﹤0.01% |
359,664
+720
| +0.2% | +$4.42K |
|
3149
Norwood Financial Corp
NWFL
$372M
| $2.49M | ﹤0.01% |
93,643
+16,630
| +22% | +$433K |
|
3150
Petrobras
PBR
$123B
| $2.48M | ﹤0.01% |
293,154
+174,170
| +146% | +$1.66M |
|
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.