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 | |
|---|---|---|---|---|---|---|
|
ENZ
3201
DELISTED
Enzo Biochem, Inc.
ENZ
| $2.27M | ﹤0.01% |
660,025
+60,829
| +10% | +$189K |
|
3202
Barnes & Noble Education
BNED
$447M
| $2.26M | ﹤0.01% |
2,780
-296
| -10% | -$204K |
|
|
OSG
3203
DELISTED
Overseas Shipholding Group Inc.
OSG
| $2.26M | ﹤0.01% |
1,096,737
+177,767
| +19% | +$392K |
|
|
AAIC
3204
DELISTED
Arlington Asset Investment Corp.
AAIC
| $2.26M | ﹤0.01% |
559,213
-10,496
| -2% | -$41.4K |
|
3205
Chemung Financial Corp
CHMG
$393M
| $2.25M | ﹤0.01% |
53,915
+385
| +0.7% | +$14.4K |
|
3206
Cabaletta Bio
CABA
$439M
| $2.24M | ﹤0.01% |
202,144
+25,836
| +15% | +$316K |
|
3207
Choiceone Financial
COFS
$511M
| $2.24M | ﹤0.01% |
93,263
+1,264
| +1% | +$34.5K |
|
3208
TotalEnergies
TTE
$193B
| $2.24M | ﹤0.01% |
48,118
+1,163
| +2% | +$53K |
|
3209
Instil Bio
TIL
$49M
| $2.23M | ﹤0.01% |
+4,442
| New | +$2.28M |
|
3210
X4 Pharmaceuticals
XFOR
$386M
| $2.22M | ﹤0.01% |
8,606
+58
| +0.7% | +$15.2K |
|
|
INFI
3211
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $2.22M | ﹤0.01% |
688,169
+305,092
| +80% | +$1.02M |
|
3212
VistaGen Therapeutics
VTGN
$10.1M
| $2.21M | ﹤0.01% |
34,561
+24,960
| +260% | +$1.67M |
|
3213
Legacy Housing
LEGH
$625M
| $2.21M | ﹤0.01% |
124,470
+26,662
| +27% | +$425K |
|
|
PVLA
3214
Palvella Therapeutics
PVLA
$2.02B
| $2.2M | ﹤0.01% |
10,724
+59
| +0.6% | +$12.9K |
|
|
VTLE
3215
DELISTED
Vital Energy
VTLE
| $2.2M | ﹤0.01% |
73,141
-3,566
| -5% | -$110K |
|
3216
Aqua Metals
AQMS
$8.82M
| $2.19M | ﹤0.01% |
2,705
+445
| +20% | +$430K |
|
3217
Voyager Therapeutics
VYGR
$181M
| $2.19M | ﹤0.01% |
464,818
+73,162
| +19% | +$499K |
|
3218
PureCycle Technologies
PCT
$1.41B
| $2.19M | ﹤0.01% |
+85,780
| New | +$2.51M |
|
3219
Cogent Biosciences
COGT
$6.64B
| $2.17M | ﹤0.01% |
247,044
+34,690
| +16% | +$334K |
|
|
CBIO
3220
Crescent Biopharma
CBIO
$552M
| $2.17M | ﹤0.01% |
7,202
+473
| +7% | +$169K |
|
|
KLDO
3221
DELISTED
Kaleido Biosciences, Inc. Common Stock
KLDO
| $2.17M | ﹤0.01% |
267,304
+57,452
| +27% | +$626K |
|
3222
Princeton Bancorp
BPRN
$289M
| $2.15M | ﹤0.01% |
75,188
+1,344
| +2% | +$34.9K |
|
3223
Eagle Bancorp Montana
EBMT
$188M
| $2.15M | ﹤0.01% |
88,419
+5,654
| +7% | +$128K |
|
3224
Alico
ALCO
$283M
| $2.14M | ﹤0.01% |
71,577
+5,130
| +8% | +$156K |
|
|
EEX
3225
DELISTED
Emerald Holding
EEX
| $2.13M | ﹤0.01% |
386,899
+20,247
| +6% | +$106K |
|
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.