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 | |
|---|---|---|---|---|---|---|
876
Neogen
NEOG
$2.63B
| $83.2M | 0.01% |
1,870,522
+182,416
| +11% | +$7.65M |
|
|
CIT
877
DELISTED
CIT Group Inc.
CIT
| $83.1M | 0.01% |
1,613,442
+131,948
| +9% | +$5.92M |
|
878
Beyond Meat
BYND
$292M
| $82.5M | 0.01% |
634,399
+24,273
| +4% | +$3.57M |
|
879
JetBlue
JBLU
$2.28B
| $82.4M | 0.01% |
4,049,808
+152,602
| +4% | +$2.64M |
|
880
Littelfuse
LFUS
$11.2B
| $82.4M | 0.01% |
311,440
+13,771
| +5% | +$3.67M |
|
|
GTLS
881
DELISTED
Chart Industries
GTLS
| $82.1M | 0.01% |
576,746
+13,925
| +2% | +$1.97M |
|
882
Selective Insurance
SIGI
$5.65B
| $82M | 0.01% |
1,130,698
+9,594
| +0.9% | +$668K |
|
883
Intellia Therapeutics
NTLA
$1.49B
| $81.9M | 0.01% |
1,021,038
+158,696
| +18% | +$10.7M |
|
884
Liberty Global Class C
LBTYK
$3.53B
| $81.7M | 0.01% |
3,205,619
+194,841
| +6% | +$4.87M |
|
885
Medpace
MEDP
$16.1B
| $81.4M | 0.01% |
496,459
+37,040
| +8% | +$5.67M |
|
886
RBC Bearings
RBC
$17.4B
| $81.1M | 0.01% |
411,948
+30,667
| +8% | +$5.77M |
|
887
Ingredion
INGR
$6.27B
| $80.9M | 0.01% |
899,876
+27,969
| +3% | +$2.39M |
|
888
The Ensign Group
ENSG
$10.4B
| $80.3M | 0.01% |
856,204
+66,175
| +8% | +$5.67M |
|
|
SYNH
889
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $80.2M | 0.01% |
1,057,817
+108,162
| +11% | +$8.15M |
|
|
CLGX
890
DELISTED
Corelogic, Inc.
CLGX
| $80.1M | 0.01% |
1,011,127
-47,114
| -4% | -$3.76M |
|
891
Toll Brothers
TOL
$13.6B
| $80.1M | 0.01% |
1,411,088
+10,248
| +0.7% | +$536K |
|
892
Palantir
PLTR
$295B
| $80M | 0.01% |
3,433,049
+740,235
| +27% | +$20.3M |
|
893
ManpowerGroup
MAN
$2.44B
| $79.9M | 0.01% |
807,576
+34,678
| +4% | +$3.32M |
|
894
Huntsman Corp
HUN
$1.71B
| $79.8M | 0.01% |
2,768,677
-215,412
| -7% | -$6.03M |
|
|
EFOR
895
Everforth Inc
EFOR
$1.17B
| $79.7M | 0.01% |
835,365
+66,885
| +9% | +$6.18M |
|
896
Magnite
MGNI
$2.76B
| $79.5M | 0.01% |
1,910,134
+208,493
| +12% | +$9.03M |
|
897
Boyd Gaming
BYD
$6.18B
| $79.4M | 0.01% |
1,346,153
+104,314
| +8% | +$5.67M |
|
898
WIX.com
WIX
$2.3B
| $78.8M | 0.01% |
283,172
+15,234
| +6% | +$4.35M |
|
899
Envista
NVST
$4.44B
| $78.8M | 0.01% |
1,930,968
+172,414
| +10% | +$6.57M |
|
|
PCH
900
DELISTED
PotlatchDeltic
PCH
| $78.4M | 0.01% |
1,481,090
+134,596
| +10% | +$6.95M |
|
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.