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 | |
|---|---|---|---|---|---|---|
|
B
901
Barrick Mining
B
$61.5B
| $84.1M | 0.01% |
4,073,840
+450,731
| +12% | +$10.2M |
|
902
Lumentum
LITE
$55.5B
| $84.1M | 0.01% |
1,024,722
+25,747
| +3% | +$2.16M |
|
|
XLRN
903
DELISTED
Acceleron Pharma
XLRN
| $84.1M | 0.01% |
669,821
+14,645
| +2% | +$1.85M |
|
|
BLD
904
DELISTED
TopBuild
BLD
| $83.9M | 0.01% |
424,074
-120,743
| -22% | -$25M |
|
905
TG Therapeutics
TGTX
$7.96B
| $83.7M | 0.01% |
2,156,676
+109,244
| +5% | +$4.29M |
|
|
PDCE
906
DELISTED
PDC Energy, Inc.
PDCE
| $83.6M | 0.01% |
1,825,726
+144,060
| +9% | +$5.88M |
|
907
SL Green Realty
SLG
$3.76B
| $83.5M | 0.01% |
1,044,234
+8,238
| +0.8% | +$626K |
|
908
Primerica
PRI
$9.98B
| $83.5M | 0.01% |
545,180
-43,762
| -7% | -$6.91M |
|
|
SNV
909
DELISTED
Synovus
SNV
| $83.3M | 0.01% |
1,898,962
+36,271
| +2% | +$1.7M |
|
910
Trupanion
TRUP
$1.07B
| $83.3M | 0.01% |
723,367
+132,941
| +23% | +$11.6M |
|
|
FL
911
DELISTED
Foot Locker
FL
| $83.2M | 0.01% |
1,350,078
-19,029
| -1% | -$1.15M |
|
912
Portland General Electric
POR
$5.8B
| $83.2M | 0.01% |
1,804,527
-117
| -0% | -$5.75K |
|
913
Marriott Vacations Worldwide
VAC
$3.35B
| $83M | 0.01% |
521,269
-151,251
| -22% | -$25.9M |
|
914
Ingredion
INGR
$6.27B
| $83M | 0.01% |
917,504
+17,628
| +2% | +$1.65M |
|
915
nVent Electric
NVT
$24.9B
| $83M | 0.01% |
2,657,809
+160,432
| +6% | +$4.94M |
|
916
Cousins Properties
CUZ
$5.19B
| $83M | 0.01% |
2,255,424
+41,073
| +2% | +$1.51M |
|
917
Novanta
NOVT
$5.08B
| $82.9M | 0.01% |
615,398
+26,791
| +5% | +$3.61M |
|
918
Ryman Hospitality Properties
RHP
$8.43B
| $82.9M | 0.01% |
1,049,640
+57,427
| +6% | +$4.44M |
|
919
Bilibili
BILI
$7.99B
| $82.6M | 0.01% |
683,088
+51,337
| +8% | +$5.56M |
|
920
3D Systems Corp
DDD
$431M
| $82.3M | 0.01% |
2,060,072
+52,688
| +3% | +$1.39M |
|
921
Coinbase
COIN
$38.6B
| $82.3M | 0.01% |
+325,047
| New | +$84.4M |
|
922
Erie Indemnity
ERIE
$12.7B
| $82.2M | 0.01% |
425,246
+2,481
| +0.6% | +$512K |
|
|
COHR
923
DELISTED
Coherent Inc
COHR
| $82.2M | 0.01% |
311,097
+3,385
| +1% | +$890K |
|
924
Douglas Emmett
DEI
$1.98B
| $82.2M | 0.01% |
2,444,104
+26,722
| +1% | +$906K |
|
|
PCH
925
DELISTED
PotlatchDeltic
PCH
| $82.1M | 0.01% |
1,544,625
+63,535
| +4% | +$3.66M |
|
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.