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 | |
|---|---|---|---|---|---|---|
626
GameStop
GME
$9.75B
| $144M | 0.02% |
2,698,128
-969,184
| -26% | -$47M |
|
627
Equitable Holdings
EQH
$13B
| $144M | 0.02% |
4,744,612
+220,400
| +5% | +$7.19M |
|
628
Bunge Global
BG
$20.4B
| $142M | 0.02% |
1,819,968
+82,907
| +5% | +$7M |
|
629
BILL Holdings
BILL
$4.49B
| $142M | 0.02% |
775,157
+3,226
| +0.4% | +$506K |
|
630
IPG Photonics
IPGP
$3.61B
| $142M | 0.02% |
675,089
+25,726
| +4% | +$5.42M |
|
|
LSI
631
DELISTED
Life Storage, Inc.
LSI
| $142M | 0.02% |
1,320,402
+53,097
| +4% | +$5.22M |
|
632
East-West Bancorp
EWBC
$17.9B
| $141M | 0.02% |
1,968,024
+20,221
| +1% | +$1.5M |
|
633
RH
RH
$3.13B
| $141M | 0.02% |
207,743
-54,075
| -21% | -$35.1M |
|
634
Darling Ingredients
DAR
$9.64B
| $141M | 0.02% |
2,087,553
-680,879
| -25% | -$48M |
|
635
Trex
TREX
$4.51B
| $141M | 0.02% |
1,377,840
+12,417
| +0.9% | +$1.25M |
|
636
Ovintiv
OVV
$17.3B
| $141M | 0.02% |
4,474,090
+298,459
| +7% | +$8.02M |
|
637
SolarEdge
SEDG
$2.51B
| $140M | 0.02% |
506,679
-166,560
| -25% | -$42M |
|
638
AGNC Investment
AGNC
$12.4B
| $140M | 0.02% |
8,252,559
+544,726
| +7% | +$9.68M |
|
639
Lattice Semiconductor
LSCC
$17.6B
| $139M | 0.02% |
2,472,385
+87,175
| +4% | +$4.47M |
|
640
Coherent
COHR
$51.4B
| $139M | 0.02% |
1,913,318
+130,639
| +7% | +$9.19M |
|
|
PBCT
641
DELISTED
People's United Financial Inc
PBCT
| $139M | 0.02% |
8,109,870
-79,963
| -1% | -$1.46M |
|
642
AGCO
AGCO
$7.4B
| $138M | 0.02% |
1,061,703
-22,410
| -2% | -$3.15M |
|
|
CONE
643
DELISTED
CyrusOne Inc Common Stock
CONE
| $137M | 0.02% |
1,917,330
+41,216
| +2% | +$3M |
|
644
Five Below
FIVE
$12B
| $137M | 0.02% |
709,223
-17,266
| -2% | -$3.3M |
|
645
Watsco Inc
WSO
$12.7B
| $137M | 0.02% |
478,036
+7,856
| +2% | +$2.25M |
|
646
Chegg
CHGG
$110M
| $137M | 0.02% |
1,648,514
+71,965
| +5% | +$5.96M |
|
647
Manhattan Associates
MANH
$11.2B
| $137M | 0.02% |
944,523
+24,240
| +3% | +$3.23M |
|
|
VMW
648
DELISTED
VMware, Inc
VMW
| $137M | 0.02% |
856,079
+75,065
| +10% | +$12M |
|
|
ZNGA
649
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $136M | 0.02% |
12,801,933
+635,683
| +5% | +$6.7M |
|
650
Texas Pacific Land
TPL
$27.8B
| $135M | 0.02% |
762,165
+215,892
| +40% | +$37.6M |
|
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.