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 | |
|---|---|---|---|---|---|---|
3151
Gaia
GAIA
$47.3M
| $2.48M | ﹤0.01% |
208,924
+11,815
| +6% | +$129K |
|
3152
Universal Technical Institute
UTI
$2.28B
| $2.48M | ﹤0.01% |
424,845
+31,344
| +8% | +$194K |
|
|
PBIP
3153
DELISTED
Prudential Bancorp, Inc.
PBIP
| $2.48M | ﹤0.01% |
168,025
-21,980
| -12% | -$296K |
|
3154
American Coastal Insurance
ACIC
$529M
| $2.48M | ﹤0.01% |
343,741
-20,563
| -6% | -$131K |
|
3155
Milestone Scientific
MLSS
$38.5M
| $2.48M | ﹤0.01% |
694,391
+222,121
| +47% | +$761K |
|
3156
TFI International
TFII
$11.1B
| $2.47M | ﹤0.01% |
32,252
+4,479
| +16% | +$304K |
|
3157
TETRA Technologies
TTI
$1.15B
| $2.47M | ﹤0.01% |
1,027,628
+127,099
| +14% | +$274K |
|
3158
LifeMD
LFMD
$180M
| $2.45M | ﹤0.01% |
+155,098
| New | +$2.79M |
|
3159
ClearPoint Neuro
CLPT
$461M
| $2.45M | ﹤0.01% |
115,938
+27,431
| +31% | +$587K |
|
3160
Nokia
NOK
$52.3B
| $2.44M | ﹤0.01% |
615,064
+481,357
| +360% | +$2.01M |
|
3161
First Community Corp
FCCO
$325M
| $2.43M | ﹤0.01% |
121,888
+993
| +0.8% | +$18.3K |
|
|
AMPE
3162
DELISTED
Ampio Pharmaceuticals Inc.
AMPE
| $2.43M | ﹤0.01% |
4,792
+667
| +16% | +$344K |
|
3163
Tower Semiconductor
TSEM
$26.5B
| $2.4M | ﹤0.01% |
85,670
+465
| +0.5% | +$13.7K |
|
|
PZN
3164
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $2.4M | ﹤0.01% |
228,083
+10,147
| +5% | +$95.5K |
|
|
HMSY
3165
DELISTED
HMS Holdings Corp.
HMSY
| $2.39M | ﹤0.01% |
64,757
-1,378,238
| -96% | -$50.6M |
|
3166
ADMA Biologics
ADMA
$2.03B
| $2.39M | ﹤0.01% |
1,358,149
+349,412
| +35% | +$800K |
|
3167
Pixelworks
PXLW
$39.3M
| $2.39M | ﹤0.01% |
60,173
+9,355
| +18% | +$390K |
|
|
MRLN
3168
DELISTED
Marlin Business Services Corp
MRLN
| $2.39M | ﹤0.01% |
175,172
+7,859
| +5% | +$109K |
|
3169
Richmond Mutual Bancorp
RMBI
$252M
| $2.39M | ﹤0.01% |
176,146
+1,219
| +0.7% | +$16.4K |
|
3170
CuriosityStream
CURI
$150M
| $2.38M | ﹤0.01% |
175,795
+36,207
| +26% | +$627K |
|
3171
Willis Lease Finance
WLFC
$1.74B
| $2.38M | ﹤0.01% |
164,034
+1,071
| +0.7% | +$12.4K |
|
3172
VEON
VEON
$3.68B
| $2.37M | ﹤0.01% |
53,587
+1,523
| +3% | +$66.8K |
|
3173
First Capital
FCAP
$222M
| $2.37M | ﹤0.01% |
48,651
+360
| +0.7% | +$19.2K |
|
|
PWOD
3174
DELISTED
Penns Woods Bancorp
PWOD
| $2.37M | ﹤0.01% |
98,359
+791
| +0.8% | +$19.1K |
|
3175
Genprex
GNPX
$2.4M
| $2.36M | ﹤0.01% |
12
+2
| +20% | +$439K |
|
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.