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 |
Microsoft
MSFT
|
+$786M |
| 2 |
Apple
AAPL
|
+$564M |
| 3 |
Amazon
AMZN
|
+$486M |
| 4 |
Meta Platforms (Facebook)
META
|
+$331M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$327M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sherwin-Williams
SHW
|
+$1.88B |
| 2 |
Alibaba
BABA
|
+$1.21B |
| 3 |
Home Depot
HD
|
+$320M |
| 4 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$274M |
| 5 |
FLIR
FLIR Systems, Inc. (DE) Common Stock
FLIR
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.98% |
| 2 | Financials | 13.87% |
| 3 | Healthcare | 13.39% |
| 4 | Consumer Discretionary | 11.81% |
| 5 | Communication Services | 10.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Celanese
CE
$4.9B
| $291M | 0.04% |
1,926,125
+30,749
| +2% | +$4.88M |
|
|
SPLK
427
DELISTED
Splunk Inc
SPLK
| $290M | 0.04% |
2,005,663
+89,839
| +5% | +$11.4M |
|
428
Raymond James Financial
RJF
$33.8B
| $289M | 0.04% |
3,344,733
+212,019
| +7% | +$18.5M |
|
429
Seagate
STX
$194B
| $286M | 0.04% |
3,257,913
+180,929
| +6% | +$16.3M |
|
430
IDEX
IEX
$17B
| $285M | 0.04% |
1,298,416
-78,775
| -6% | -$17.4M |
|
431
Toronto Dominion Bank
TD
$198B
| $284M | 0.04% |
4,068,510
+380,872
| +10% | +$26.6M |
|
432
Datadog
DDOG
$95.4B
| $284M | 0.04% |
2,732,648
+385,880
| +16% | +$34.9M |
|
433
UDR
UDR
$12.3B
| $284M | 0.04% |
5,811,604
+118,573
| +2% | +$5.58M |
|
434
LKQ Corp
LKQ
$5.72B
| $283M | 0.04% |
5,760,223
+54,646
| +1% | +$2.61M |
|
435
Wayfair
W
$11.2B
| $275M | 0.04% |
872,528
+44,487
| +5% | +$13.9M |
|
|
K
436
DELISTED
Kellanova
K
| $274M | 0.04% |
4,546,736
+67,473
| +2% | +$4.1M |
|
437
J.M. Smucker
SJM
$12.7B
| $270M | 0.04% |
2,092,335
+46,804
| +2% | +$6.22M |
|
438
Sun Communities
SUI
$15.2B
| $269M | 0.04% |
1,571,973
+67,931
| +5% | +$11.3M |
|
439
RingCentral
RNG
$4.66B
| $268M | 0.04% |
925,117
+39,450
| +4% | +$11.3M |
|
440
PTC
PTC
$15.8B
| $268M | 0.04% |
1,901,491
+563,441
| +42% | +$77M |
|
441
Cloudflare
NET
$99B
| $266M | 0.04% |
2,515,792
+445,675
| +22% | +$36.9M |
|
442
Teladoc Health
TDOC
$1.22B
| $265M | 0.04% |
1,595,788
+178,044
| +13% | +$28.8M |
|
443
NovoCure
NVCR
$1.73B
| $265M | 0.04% |
1,195,015
-22,299
| -2% | -$4.34M |
|
|
HZNP
444
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $263M | 0.04% |
2,814,589
+109,550
| +4% | +$10.1M |
|
|
WRK
445
DELISTED
WestRock Company
WRK
| $261M | 0.04% |
4,924,839
+264,941
| +6% | +$14.8M |
|
|
EXAS
446
DELISTED
Exact Sciences
EXAS
| $260M | 0.04% |
2,093,631
+153,054
| +8% | +$18.3M |
|
447
Alliant Energy
LNT
$18.3B
| $259M | 0.04% |
4,665,855
+104,364
| +2% | +$5.91M |
|
448
Brown-Forman Class B
BF.B
$13.2B
| $259M | 0.04% |
3,465,051
+128,031
| +4% | +$9.75M |
|
449
Iron Mountain
IRM
$36.4B
| $258M | 0.04% |
6,098,671
+67,748
| +1% | +$2.84M |
|
|
SGEN
450
DELISTED
Seagen Inc. Common Stock
SGEN
| $258M | 0.04% |
1,637,691
+70,727
| +5% | +$10.5M |
|
Similar funds
Geode Capital Management's Q2 2021 Portfolio in Review
As of Q2 2021, Geode Capital Management held 4,790 positions worth $726B, up 11% from $654B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Geode Capital Management's Q2 2021 filing shows 331 new, 3,384 increased, 720 reduced and 74 closed positions. Its largest new stake was Organon & Co: 5,070,121 shares worth $153M. The largest sale was Sherwin-Williams, an estimated $1.88B.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 23% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q2 2021 buy was Organon & Co: 5,070,121 shares worth $153M.
- Geode Capital Management added most to Microsoft in Q2 2021, an estimated $786M increase.
- Geode Capital Management's biggest Q2 2021 reduction was Sherwin-Williams, cutting an estimated $1.88B.
- Geode Capital Management fully exited Varian Medical Systems, Inc. in Q2 2021, selling an estimated $274M.
- Geode Capital Management's ten largest holdings make up 22% of its $726B portfolio in Q2 2021.
- Geode Capital Management opened 331 new positions and closed 74 in Q2 2021.
- Geode Capital Management's portfolio value rose 11% quarter-over-quarter to $726B.
Based on Geode Capital Management's 13F filing for Q2 2021, filed 13 Aug 2021.