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 | |
|---|---|---|---|---|---|---|
3226
Paysign
PAYS
$517M
| $2.13M | ﹤0.01% |
488,419
+52,042
| +12% | +$247K |
|
3227
Innovative Industrial Properties
IIPR
$1.7B
| $2.13M | ﹤0.01% |
11,835
-1,997
| -14% | -$383K |
|
|
ASPU
3228
DELISTED
ASPEN GROUP, INC.
ASPU
| $2.13M | ﹤0.01% |
354,226
+49,355
| +16% | +$444K |
|
|
NGMS
3229
DELISTED
NeoGames S.A. Ordinary Shares
NGMS
| $2.12M | ﹤0.01% |
59,310
+44,262
| +294% | +$1.41M |
|
3230
Eastern Company
EML
$149M
| $2.12M | ﹤0.01% |
78,938
-26
| -0% | -$664 |
|
3231
Weyco Group
WEYS
$385M
| $2.11M | ﹤0.01% |
97,554
+505
| +0.5% | +$9.61K |
|
|
TTOO
3232
DELISTED
T2 Biosystems, Inc
TTOO
| $2.1M | ﹤0.01% |
260
+68
| +35% | +$720K |
|
3233
Tecnoglass Holdings Inc.
TGLS
$2.07B
| $2.1M | ﹤0.01% |
174,948
+14,217
| +9% | +$117K |
|
3234
Information Services Group
III
$205M
| $2.1M | ﹤0.01% |
477,556
+58,858
| +14% | +$226K |
|
|
AT
3235
DELISTED
Atlantic Power Corporation
AT
| $2.09M | ﹤0.01% |
723,368
-37,395
| -5% | -$105K |
|
3236
Abeona Therapeutics
ABEO
$364M
| $2.08M | ﹤0.01% |
44,368
+2,150
| +5% | +$118K |
|
|
RDS.B
3237
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $2.08M | ﹤0.01% |
56,491
+2,508
| +5% | +$95.7K |
|
|
NVMI
3238
Nova
NVMI
$12.5B
| $2.07M | ﹤0.01% |
22,726
-579
| -2% | -$46.7K |
|
3239
Traws Pharma
TRAW
$7.18M
| $2.06M | ﹤0.01% |
5,511
+2,076
| +60% | +$783K |
|
3240
Bioventus
BVS
$913M
| $2.06M | ﹤0.01% |
+135,001
| New | +$1.92M |
|
|
SFE
3241
DELISTED
Safeguard Scientifics, Inc.
SFE
| $2.06M | ﹤0.01% |
302,386
+7,830
| +3% | +$56.8K |
|
|
OPTN
3242
DELISTED
OptiNose
OPTN
| $2.06M | ﹤0.01% |
37,143
+6,049
| +19% | +$368K |
|
3243
Neuronetics
STIM
$150M
| $2.04M | ﹤0.01% |
165,170
+67,031
| +68% | +$1.03M |
|
3244
BHP
BHP
$212B
| $2.04M | ﹤0.01% |
32,955
+1,566
| +5% | +$101K |
|
3245
Minerva Neurosciences
NERV
$185M
| $2.03M | ﹤0.01% |
86,775
+9,572
| +12% | +$239K |
|
3246
C&F Financial
CFFI
$273M
| $2.02M | ﹤0.01% |
45,670
+301
| +0.7% | +$12.9K |
|
3247
Genmab
GMAB
$17.6B
| $2.02M | ﹤0.01% |
61,579
+8,312
| +16% | +$313K |
|
3248
Hawthorn Bancshares
HWBK
$271M
| $2.02M | ﹤0.01% |
106,772
-14,403
| -12% | -$268K |
|
3249
Meridian
MRBK
$236M
| $2.02M | ﹤0.01% |
155,042
+73,900
| +91% | +$869K |
|
|
MBCN
3250
DELISTED
Middlefield Banc Corp
MBCN
| $2M | ﹤0.01% |
95,573
+21,308
| +29% | +$473K |
|
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.