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 | |
|---|---|---|---|---|---|---|
3251
OP Bancorp
OPBK
$237M
| $2M | ﹤0.01% |
190,393
+16,080
| +9% | +$148K |
|
3252
YPF
YPF
$20B
| $2M | ﹤0.01% |
490,312
+18,181
| +4% | +$76.9K |
|
|
SBBP
3253
DELISTED
Strongbridge Biopharma plc.
SBBP
| $2M | ﹤0.01% |
723,069
+144,645
| +25% | +$436K |
|
3254
Alpha Pro Tech
APT
$50.4M
| $1.99M | ﹤0.01% |
204,229
+37,683
| +23% | +$500K |
|
3255
Bassett Furniture
BSET
$169M
| $1.99M | ﹤0.01% |
81,868
+7,285
| +10% | +$162K |
|
3256
Red Violet
RDVT
$968M
| $1.99M | ﹤0.01% |
107,820
+7,210
| +7% | +$163K |
|
|
NH
3257
DELISTED
NantHealth, Inc
NH
| $1.98M | ﹤0.01% |
41,116
+7,212
| +21% | +$418K |
|
|
PAMT
3258
PAMT Corp
PAMT
$349M
| $1.97M | ﹤0.01% |
127,768
+2,492
| +2% | +$35.8K |
|
3259
Graham Corp
GHM
$1.16B
| $1.97M | ﹤0.01% |
138,020
+1,162
| +0.8% | +$18.1K |
|
|
HOFV
3260
DELISTED
Hall of Fame Resort & Entertainment Co
HOFV
| $1.96M | ﹤0.01% |
17,708
+1,837
| +12% | +$111K |
|
|
NEXI
3261
DELISTED
NexImmune, Inc. Common Stock
NEXI
| $1.95M | ﹤0.01% |
+4,079
| New | +$2.22M |
|
3262
Eton Pharmaceutcials
ETON
$1.24B
| $1.94M | ﹤0.01% |
265,545
+49,506
| +23% | +$422K |
|
3263
LifeVantage
LFVN
$83M
| $1.94M | ﹤0.01% |
207,808
+1,389
| +0.7% | +$13K |
|
3264
First Western Financial
MYFW
$312M
| $1.94M | ﹤0.01% |
77,524
+22,533
| +41% | +$472K |
|
|
LEVL
3265
DELISTED
Level One Bancorp, Inc. Common Stock
LEVL
| $1.94M | ﹤0.01% |
75,176
+3,278
| +5% | +$73K |
|
3266
Foghorn Therapeutics
FHTX
$271M
| $1.93M | ﹤0.01% |
146,640
+14,128
| +11% | +$232K |
|
3267
Cardiff Oncology
CRDF
$72.7M
| $1.93M | ﹤0.01% |
208,455
+5,569
| +3% | +$67.7K |
|
|
DS
3268
DELISTED
Drive Shack Inc.
DS
| $1.93M | ﹤0.01% |
601,214
+144,529
| +32% | +$392K |
|
|
ESSA
3269
DELISTED
ESSA Bancorp
ESSA
| $1.92M | ﹤0.01% |
119,892
+636
| +0.5% | +$10K |
|
3270
MainStreet Bancshares
MNSB
$166M
| $1.92M | ﹤0.01% |
92,398
+462
| +0.5% | +$8.77K |
|
|
VNTR
3271
DELISTED
Venator Materials PLC
VNTR
| $1.92M | ﹤0.01% |
413,767
-1,828
| -0.4% | -$7.78K |
|
|
LHDX
3272
DELISTED
Lucira Health, Inc. Common Stock
LHDX
| $1.91M | ﹤0.01% |
+158,065
| New | +$3.14M |
|
3273
BeyondSpring
BYSI
$48.1M
| $1.91M | ﹤0.01% |
172,353
+55,261
| +47% | +$714K |
|
3274
Pioneer Bancorp
PBFS
$438M
| $1.91M | ﹤0.01% |
163,605
+8,754
| +6% | +$99.1K |
|
3275
Silvercrest Asset Management
SAMG
$80.4M
| $1.9M | ﹤0.01% |
132,036
+28,458
| +27% | +$418K |
|
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.