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 | |
|---|---|---|---|---|---|---|
|
PROS
3276
DELISTED
ProSight Global, Inc.
PROS
| $1.9M | ﹤0.01% |
150,472
+18,105
| +14% | +$230K |
|
3277
BGSF Inc
BGSF
$61.1M
| $1.89M | ﹤0.01% |
135,030
+199
| +0.1% | +$2.79K |
|
3278
Biglari Holdings Class B
BH
$1.23B
| $1.89M | ﹤0.01% |
14,240
-116
| -0.8% | -$14.6K |
|
3279
Airgain
AIRG
$72.1M
| $1.88M | ﹤0.01% |
88,952
+11,281
| +15% | +$255K |
|
|
AMRN
3280
Amarin Corp
AMRN
$297M
| $1.88M | ﹤0.01% |
15,106
+1,383
| +10% | +$186K |
|
3281
VolitionRx Ltd
VNRX
$9.63M
| $1.87M | ﹤0.01% |
24,690
+4,442
| +22% | +$381K |
|
|
CDAK
3282
DELISTED
Codiak BioSciences, Inc. Common Stock
CDAK
| $1.86M | ﹤0.01% |
123,672
+50,215
| +68% | +$1.09M |
|
|
PINE
3283
Alpine Income Property Trust
PINE
$335M
| $1.86M | ﹤0.01% |
107,013
+15,351
| +17% | +$260K |
|
|
ALR
3284
DELISTED
AlerisLife Inc
ALR
| $1.85M | ﹤0.01% |
303,214
+9,578
| +3% | +$69.2K |
|
3285
Kura Sushi USA
KRUS
$580M
| $1.85M | ﹤0.01% |
58,443
+3,252
| +6% | +$88.6K |
|
|
NOVN
3286
DELISTED
Novan, Inc. Common Stock
NOVN
| $1.85M | ﹤0.01% |
118,399
+18,785
| +19% | +$282K |
|
3287
Aquestive Therapeutics
AQST
$476M
| $1.84M | ﹤0.01% |
354,856
+41,532
| +13% | +$221K |
|
3288
iShares Core S&P 500 ETF
IVV
$884B
| – | – |
0
| – | – |
|
|
PCTI
3289
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $1.84M | ﹤0.01% |
265,555
+3,009
| +1% | +$23K |
|
3290
Alpha Metallurgical Resources
AMR
$1.76B
| $1.84M | ﹤0.01% |
+145,763
| New | +$1.99M |
|
|
BCLI
3291
DELISTED
BRAINSTORM CELL THERAPUTC
BCLI
| $1.83M | ﹤0.01% |
31,884
+4,822
| +18% | +$364K |
|
|
ONIT
3292
Onity Group
ONIT
$319M
| $1.83M | ﹤0.01% |
64,401
+5,772
| +10% | +$159K |
|
|
SPRB
3293
Spruce Biosciences
SPRB
$119M
| $1.82M | ﹤0.01% |
1,461
-106
| -7% | -$163K |
|
|
HZN
3294
DELISTED
Horizon Global Corporation
HZN
| $1.82M | ﹤0.01% |
175,993
+2,408
| +1% | +$23.2K |
|
|
VINC
3295
DELISTED
Vincerx Pharma, Inc. Common Stock
VINC
| $1.81M | ﹤0.01% |
+4,698
| New | +$1.9M |
|
3296
Dyadic International
DYAI
$38.6M
| $1.81M | ﹤0.01% |
330,200
+27,008
| +9% | +$150K |
|
3297
Ondas Inc
ONDS
$4.77B
| $1.81M | ﹤0.01% |
+186,708
| New | +$2.19M |
|
3298
Stantec
STN
$8.17B
| $1.81M | ﹤0.01% |
41,066
+4,065
| +11% | +$156K |
|
|
CORR
3299
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $1.81M | ﹤0.01% |
255,617
+48,149
| +23% | +$385K |
|
|
ONCR
3300
DELISTED
Oncorus, Inc.
ONCR
| $1.8M | ﹤0.01% |
129,727
+12,880
| +11% | +$267K |
|
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.