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 | |
|---|---|---|---|---|---|---|
|
OMCC
3601
DELISTED
Old Market Capital Corp
OMCC
| $896K | ﹤0.01% |
84,802
| – | – |
|
|
GTT
3602
DELISTED
GTT Communications, Inc.
GTT
| $893K | ﹤0.01% |
488,226
+42,771
| +10% | +$130K |
|
3603
Energy Transfer Partners
ET
$70.1B
| $891K | ﹤0.01% |
116,028
+212
| +0.2% | +$1.55K |
|
3604
GT Biopharma
GTBP
$10.6M
| $891K | ﹤0.01% |
+4,346
| New | +$759K |
|
3605
Vaalco Energy
EGY
$570M
| $890K | ﹤0.01% |
397,324
+9,937
| +3% | +$26.2K |
|
3606
Enliven Therapeutics
ELVN
$3.92B
| $885K | ﹤0.01% |
26,236
+661
| +3% | +$33.6K |
|
3607
Vivani Medical
VANI
$110M
| $885K | ﹤0.01% |
35,792
+11,711
| +49% | +$175K |
|
|
ATXS
3608
DELISTED
Astria Therapeutics
ATXS
| $884K | ﹤0.01% |
51,011
+9,869
| +24% | +$178K |
|
|
SCR
3609
DELISTED
Score Media and Gaming Inc. Class A Subordinate Voting Shares
SCR
| $883K | ﹤0.01% |
+32,868
| New | +$857K |
|
3610
Smith & Nephew
SNN
$13.3B
| $877K | ﹤0.01% |
23,164
+4,852
| +26% | +$200K |
|
|
LMPX
3611
DELISTED
LMP Automotive Holdings, Inc. Common Stock
LMPX
| $874K | ﹤0.01% |
52,606
+6,888
| +15% | +$149K |
|
|
AFI
3612
DELISTED
Armstrong Flooring, Inc.
AFI
| $873K | ﹤0.01% |
178,728
+11,297
| +7% | +$53.3K |
|
3613
Phunware
PHUN
$43.1M
| $872K | ﹤0.01% |
10,576
+5,010
| +90% | +$470K |
|
|
TCON
3614
DELISTED
TRACON Pharmaceuticals, Inc. Common Stock
TCON
| $863K | ﹤0.01% |
5,248
+1,814
| +53% | +$349K |
|
3615
Fiverr
FVRR
$321M
| $860K | ﹤0.01% |
3,964
+1,604
| +68% | +$393K |
|
3616
Northern Technologies International Corp
NTIC
$76.2M
| $860K | ﹤0.01% |
56,590
+27,675
| +96% | +$407K |
|
3617
Biglari Holdings Class A
BH.A
$1.25B
| $858K | ﹤0.01% |
1,271
+5
| +0.4% | +$3.12K |
|
|
FRMM
3618
Forum Markets
FRMM
$68.2M
| $857K | ﹤0.01% |
+34
| New | +$609K |
|
3619
Reading International Class A
RDI
$33.2M
| $857K | ﹤0.01% |
154,492
| – | – |
|
|
FNHC
3620
DELISTED
FedNat Holding Company Common Stock
FNHC
| $855K | ﹤0.01% |
184,876
+13,374
| +8% | +$79K |
|
3621
ENI
E
$80.5B
| $853K | ﹤0.01% |
34,559
+13,446
| +64% | +$304K |
|
|
GOGL
3622
DELISTED
Golden Ocean Group
GOGL
| $850K | ﹤0.01% |
126,810
-16,824
| -12% | -$101K |
|
3623
Ocean Power Technologies
OPTT
$48.9M
| $841K | ﹤0.01% |
254,204
+60,552
| +31% | +$233K |
|
3624
Afya
AFYA
$1.31B
| $837K | ﹤0.01% |
45,046
+375
| +0.8% | +$8.46K |
|
3625
ORIX
IX
$44B
| $836K | ﹤0.01% |
49,350
+21,050
| +74% | +$360K |
|
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.