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 | |
|---|---|---|---|---|---|---|
576
XPO
XPO
$23.6B
| $172M | 0.02% |
3,562,819
+127,317
| +4% | +$6.22M |
|
577
NiSource
NI
$21.3B
| $169M | 0.02% |
6,918,574
+293,806
| +4% | +$7.47M |
|
578
Pinnacle West Capital
PNW
$12.2B
| $169M | 0.02% |
2,064,908
+14,446
| +0.7% | +$1.22M |
|
579
Brown & Brown
BRO
$23.6B
| $168M | 0.02% |
3,168,395
+31,180
| +1% | +$1.6M |
|
|
NLSN
580
DELISTED
Nielsen Holdings plc
NLSN
| $168M | 0.02% |
6,828,966
+71,976
| +1% | +$1.88M |
|
581
Federal Realty Investment Trust
FRT
$10.7B
| $167M | 0.02% |
1,431,011
+21,441
| +2% | +$2.43M |
|
582
Reliance Steel & Aluminium
RS
$20.7B
| $167M | 0.02% |
1,109,117
+47,746
| +4% | +$7.76M |
|
|
BKI
583
DELISTED
Black Knight, Inc. Common Stock
BKI
| $167M | 0.02% |
2,148,192
+314,985
| +17% | +$23.3M |
|
584
Emcor
EME
$35.2B
| $166M | 0.02% |
1,343,529
-13,120
| -1% | -$1.6M |
|
585
Crown Holdings
CCK
$12.8B
| $165M | 0.02% |
1,618,673
+25,590
| +2% | +$2.7M |
|
|
VER
586
DELISTED
VEREIT, Inc.
VER
| $164M | 0.02% |
3,584,487
+104,273
| +3% | +$4.72M |
|
587
Williams-Sonoma
WSM
$26.9B
| $164M | 0.02% |
2,052,980
+31,346
| +2% | +$2.67M |
|
|
PPLI
588
People Inc
PPLI
$3.09B
| $164M | 0.02% |
1,295,111
-518,224
| -29% | -$67.1M |
|
589
Nordson
NDSN
$16.6B
| $163M | 0.02% |
744,508
+14,158
| +2% | +$3M |
|
|
AVLR
590
DELISTED
Avalara, Inc.
AVLR
| $163M | 0.02% |
1,010,304
-43,042
| -4% | -$6M |
|
591
Annaly Capital Management
NLY
$17.1B
| $163M | 0.02% |
4,592,109
+390,125
| +9% | +$14.2M |
|
592
DaVita
DVA
$15.4B
| $163M | 0.02% |
1,355,456
-53,454
| -4% | -$6.33M |
|
593
Zions Bancorporation
ZION
$10.2B
| $162M | 0.02% |
3,060,236
+21,777
| +0.7% | +$1.22M |
|
594
Booz Allen Hamilton
BAH
$8.39B
| $160M | 0.02% |
1,878,921
+252
| +0% | +$21.3K |
|
595
Lennox International
LII
$14.4B
| $160M | 0.02% |
456,329
+4,390
| +1% | +$1.48M |
|
596
Globe Life
GL
$14.2B
| $159M | 0.02% |
1,672,357
-48,548
| -3% | -$4.97M |
|
597
Toro Company
TTC
$8.75B
| $158M | 0.02% |
1,441,960
+47,970
| +3% | +$5.27M |
|
|
DISCK
598
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $158M | 0.02% |
5,472,592
+257,413
| +5% | +$7.99M |
|
599
Vornado Realty Trust
VNO
$7.41B
| $158M | 0.02% |
3,396,552
+97,757
| +3% | +$4.57M |
|
600
Campbell Soup
CPB
$6.55B
| $158M | 0.02% |
3,473,923
+93,572
| +3% | +$4.51M |
|
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.