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 | |
|---|---|---|---|---|---|---|
|
CIXX
3476
DELISTED
CI Financial Corp.
CIXX
| $1.19M | ﹤0.01% |
77,347
-324,865
| -81% | -$4.49M |
|
|
GBL
3477
DELISTED
GAMCO Investors, Inc.
GBL
| $1.19M | ﹤0.01% |
64,178
+307
| +0.5% | +$5.81K |
|
|
DADA
3478
DELISTED
Dada Nexus
DADA
| $1.19M | ﹤0.01% |
43,845
+30,313
| +224% | +$1.15M |
|
3479
AudioEye
AEYE
$74.7M
| $1.19M | ﹤0.01% |
42,442
+7,075
| +20% | +$208K |
|
3480
Ring Energy
REI
$322M
| $1.18M | ﹤0.01% |
511,799
+33,547
| +7% | +$63.9K |
|
|
STKL
3481
DELISTED
SunOpta
STKL
| $1.18M | ﹤0.01% |
80,032
+8,817
| +12% | +$126K |
|
3482
DiaMedica Therapeutics
DMAC
$349M
| $1.18M | ﹤0.01% |
128,468
+24,769
| +24% | +$231K |
|
3483
Saga Communications
SGA
$59.2M
| $1.18M | ﹤0.01% |
53,803
+240
| +0.4% | +$5.33K |
|
|
PBPB
3484
DELISTED
Potbelly
PBPB
| $1.17M | ﹤0.01% |
198,202
+2,284
| +1% | +$12.2K |
|
3485
Culp Inc
CULP
$45.5M
| $1.17M | ﹤0.01% |
76,088
| – | – |
|
3486
The ONE Group
STKS
$55.6M
| $1.17M | ﹤0.01% |
156,241
+114,911
| +278% | +$598K |
|
3487
Beasley Broadcasting Group
BBGI
$38.5M
| $1.17M | ﹤0.01% |
20,625
+4,483
| +28% | +$218K |
|
3488
Amtech Systems
ASYS
$273M
| $1.16M | ﹤0.01% |
98,376
+14,470
| +17% | +$134K |
|
3489
Maui Land & Pineapple Co
MLP
$362M
| $1.16M | ﹤0.01% |
100,665
-9
| -0% | -$106 |
|
3490
National Grid
NGG
$80.2B
| $1.16M | ﹤0.01% |
22,141
-359
| -2% | -$18.7K |
|
|
SIC
3491
DELISTED
Select Interior Concepts, Inc. Class A Common Stock
SIC
| $1.15M | ﹤0.01% |
160,239
-7,073
| -4% | -$58.5K |
|
|
USAK
3492
DELISTED
USA Truck Inc
USAK
| $1.15M | ﹤0.01% |
60,090
| – | – |
|
|
ACR
3493
ACRES Commercial Realty
ACR
$116M
| $1.15M | ﹤0.01% |
78,593
-3,873
| -5% | -$51.5K |
|
3494
Chunghwa Telecom
CHT
$32.9B
| $1.15M | ﹤0.01% |
29,271
-4,783
| -14% | -$188K |
|
3495
IBEX
IBEX
$479M
| $1.14M | ﹤0.01% |
52,036
+9,565
| +23% | +$196K |
|
3496
Electromed
ELMD
$344M
| $1.14M | ﹤0.01% |
108,522
+497
| +0.5% | +$5.38K |
|
|
NOTV
3497
DELISTED
Inotiv
NOTV
| $1.14M | ﹤0.01% |
+57,100
| New | +$888K |
|
|
DMS
3498
DELISTED
Digital Media Solutions, Inc.
DMS
| $1.14M | ﹤0.01% |
6,225
-5,264
| -46% | -$956K |
|
|
WBK
3499
DELISTED
Westpac Banking Corporation
WBK
| $1.14M | ﹤0.01% |
61,445
+1,698
| +3% | +$30K |
|
|
PTN
3500
Palatin Technologies
PTN
$14.1M
| $1.14M | ﹤0.01% |
1,321
+63
| +5% | +$66.5K |
|
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.