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 | |
|---|---|---|---|---|---|---|
776
Olin
OLN
$2.11B
| $104M | 0.01% |
2,250,161
+527,102
| +31% | +$23.7M |
|
777
UFP Industries
UFPI
$4.9B
| $104M | 0.01% |
1,398,431
-4,203
| -0.3% | -$332K |
|
778
WEX
WEX
$6.37B
| $104M | 0.01% |
535,256
+7,835
| +1% | +$1.61M |
|
779
Twist Bioscience
TWST
$5.7B
| $104M | 0.01% |
777,149
+20,686
| +3% | +$2.4M |
|
780
Beyond Meat
BYND
$292M
| $103M | 0.01% |
656,089
+21,690
| +3% | +$2.88M |
|
781
Valley National Bancorp
VLY
$7.9B
| $103M | 0.01% |
7,664,632
+376,787
| +5% | +$5.26M |
|
782
Macy's
M
$6.53B
| $103M | 0.01% |
5,418,101
+204,115
| +4% | +$3.62M |
|
|
QTS
783
DELISTED
QTS REALTY TRUST, INC.
QTS
| $102M | 0.01% |
1,320,610
+102,821
| +8% | +$6.99M |
|
784
SouthState Bank Corp
SSB
$10.2B
| $102M | 0.01% |
1,246,808
+48,838
| +4% | +$4.15M |
|
785
Royal Gold
RGLD
$16.8B
| $102M | 0.01% |
892,400
-107,027
| -11% | -$12.6M |
|
786
Agree Realty
ADC
$9.34B
| $102M | 0.01% |
1,443,775
+174,408
| +14% | +$12.2M |
|
787
Reinsurance Group of America
RGA
$15.5B
| $102M | 0.01% |
892,498
+17,359
| +2% | +$2.19M |
|
788
US Foods
USFD
$22.2B
| $102M | 0.01% |
2,647,304
-102,886
| -4% | -$3.99M |
|
789
Warner Bros
WBD
$65.9B
| $101M | 0.01% |
3,310,388
+283,443
| +9% | +$9.83M |
|
790
Lincoln Electric
LECO
$14.2B
| $101M | 0.01% |
767,575
+2,640
| +0.3% | +$338K |
|
|
COR
791
DELISTED
Coresite Realty Corporation
COR
| $101M | 0.01% |
751,057
+16,205
| +2% | +$2.02M |
|
792
Maximus
MMS
$3.17B
| $100M | 0.01% |
1,137,388
+21,124
| +2% | +$1.94M |
|
|
SMAR
793
DELISTED
Smartsheet Inc.
SMAR
| $99.6M | 0.01% |
1,377,751
+54,105
| +4% | +$3.38M |
|
794
Canadian Natural Resources
CNQ
$99.4B
| $99.5M | 0.01% |
5,591,705
+626,943
| +13% | +$10.3M |
|
795
Woodward
WWD
$21.3B
| $99M | 0.01% |
806,034
+16,665
| +2% | +$2.05M |
|
796
Nexstar Media Group
NXST
$5.82B
| $98.9M | 0.01% |
668,716
+13,724
| +2% | +$2.04M |
|
797
Yeti Holdings
YETI
$3.71B
| $98.8M | 0.01% |
1,076,441
-222,807
| -17% | -$19.3M |
|
798
ITT
ITT
$17.5B
| $98.7M | 0.01% |
1,078,171
+11,184
| +1% | +$1.04M |
|
799
CACI
CACI
$11B
| $98.4M | 0.01% |
385,864
-14,454
| -4% | -$3.73M |
|
800
Genpact
G
$5.96B
| $98.3M | 0.01% |
2,164,107
-115,540
| -5% | -$5.23M |
|
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.