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 | |
|---|---|---|---|---|---|---|
|
ATH
926
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $75.6M | 0.01% |
1,501,619
+61,412
| +4% | +$2.85M |
|
|
QTS
927
DELISTED
QTS REALTY TRUST, INC.
QTS
| $75.6M | 0.01% |
1,217,789
+96,364
| +9% | +$6.01M |
|
928
Canadian Natural Resources
CNQ
$99.4B
| $75.2M | 0.01% |
4,964,762
+390,086
| +9% | +$5.27M |
|
929
Hanover Insurance
THG
$8.1B
| $75.2M | 0.01% |
580,708
+60,941
| +12% | +$7.35M |
|
930
Knight Transportation
KNX
$11.3B
| $75.1M | 0.01% |
1,563,971
+36,354
| +2% | +$1.59M |
|
931
Curtiss-Wright
CW
$26.7B
| $75M | 0.01% |
632,238
-1,944
| -0.3% | -$225K |
|
932
Evercore
EVR
$12.4B
| $74.5M | 0.01% |
565,748
+11,199
| +2% | +$1.37M |
|
|
TMX
933
DELISTED
Terminix Global Holdings, Inc.
TMX
| $74.4M | 0.01% |
1,561,155
+50,381
| +3% | +$2.48M |
|
934
MGIC Investment
MTG
$6.16B
| $74.4M | 0.01% |
5,368,986
+299,464
| +6% | +$3.82M |
|
935
Wingstop
WING
$3.53B
| $74.2M | 0.01% |
582,157
+33,235
| +6% | +$4.67M |
|
936
Upwork
UPWK
$1.13B
| $74M | 0.01% |
1,652,640
+205,133
| +14% | +$9.47M |
|
937
Under Armour
UAA
$2.84B
| $74M | 0.01% |
3,343,746
+24,529
| +0.7% | +$512K |
|
938
Graphic Packaging
GPK
$3.17B
| $73.9M | 0.01% |
4,071,937
+269,042
| +7% | +$4.59M |
|
939
ACI Worldwide
ACIW
$5.83B
| $73.7M | 0.01% |
1,936,554
+143,413
| +8% | +$5.65M |
|
940
Cullen/Frost Bankers
CFR
$10.3B
| $73.4M | 0.01% |
675,083
+30,380
| +5% | +$3.13M |
|
941
Axalta
AXTA
$7.66B
| $73.3M | 0.01% |
2,481,078
+71,187
| +3% | +$2.04M |
|
942
BWX Technologies
BWXT
$15.5B
| $73.1M | 0.01% |
1,108,659
+33,343
| +3% | +$2M |
|
943
Avient
AVNT
$3.33B
| $73M | 0.01% |
1,543,851
+114,921
| +8% | +$5.12M |
|
944
UMB Financial
UMBF
$11.1B
| $72.9M | 0.01% |
789,388
+61,108
| +8% | +$5.05M |
|
945
QuidelOrtho
QDEL
$1.14B
| $72.8M | 0.01% |
569,208
+75,078
| +15% | +$13.9M |
|
|
SAIL
946
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $72.8M | 0.01% |
1,437,584
+109,251
| +8% | +$6.14M |
|
947
Blackstone Mortgage Trust
BXMT
$2.45B
| $72.8M | 0.01% |
2,345,410
+61,244
| +3% | +$1.78M |
|
948
SL Green Realty
SLG
$3.76B
| $72.5M | 0.01% |
1,035,996
-376,594
| -27% | -$25.4M |
|
949
Grand Canyon Education
LOPE
$3.79B
| $72.4M | 0.01% |
675,851
+78,952
| +13% | +$7.84M |
|
950
Sabra Healthcare REIT
SBRA
$5.34B
| $72.2M | 0.01% |
4,161,182
+255,987
| +7% | +$4.5M |
|
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.