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 | |
|---|---|---|---|---|---|---|
1026
Cardlytics
CDLX
$21.7M
| $70.1M | 0.01% |
55,209
+4,645
| +9% | +$5.24M |
|
|
PPBI
1027
DELISTED
Pacific Premier Bancorp
PPBI
| $70.1M | 0.01% |
1,656,749
+179,226
| +12% | +$7.96M |
|
|
TXNM
1028
TXNM Energy Inc
TXNM
$6.41B
| $70M | 0.01% |
1,436,234
+51,101
| +4% | +$2.51M |
|
|
CHNG
1029
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $70M | 0.01% |
3,037,904
+113,772
| +4% | +$2.62M |
|
1030
TD Synnex
SNX
$20.4B
| $69.9M | 0.01% |
574,169
+18,641
| +3% | +$2.29M |
|
1031
Viavi Solutions
VIAV
$9.12B
| $69.6M | 0.01% |
3,939,779
+157,143
| +4% | +$2.65M |
|
1032
LivePerson
LPSN
$21.8M
| $69.4M | 0.01% |
73,192
+3,728
| +5% | +$3.14M |
|
1033
Bread Financial
BFH
$4.37B
| $69.4M | 0.01% |
834,386
+59,754
| +8% | +$5.41M |
|
1034
Sun Life Financial
SLF
$46B
| $69.4M | 0.01% |
1,347,594
+147,404
| +12% | +$7.79M |
|
1035
Magnite
MGNI
$2.76B
| $69.3M | 0.01% |
2,049,097
+138,963
| +7% | +$4.71M |
|
1036
Cerence
CRNC
$385M
| $69.3M | 0.01% |
649,639
+13,305
| +2% | +$1.31M |
|
|
TGNA
1037
DELISTED
TEGNA Inc
TGNA
| $69.3M | 0.01% |
3,692,872
+145,449
| +4% | +$2.86M |
|
1038
Lazard
LAZ
$4.13B
| $69.2M | 0.01% |
1,529,034
+49,048
| +3% | +$2.25M |
|
|
QVCGA
1039
DELISTED
QVC Group Inc Series A
QVCGA
| $69.2M | 0.01% |
105,682
-2,253
| -2% | -$1.45M |
|
1040
HF Sinclair
DINO
$16.3B
| $69M | 0.01% |
2,098,031
-548,778
| -21% | -$19.1M |
|
1041
Outfront Media
OUT
$5.61B
| $69M | 0.01% |
2,916,618
+669,680
| +30% | +$15.5M |
|
|
BBBY
1042
Bed Bath & Beyond
BBBY
$481M
| $68.7M | 0.01% |
819,335
+26,077
| +3% | +$1.89M |
|
1043
Shake Shack
SHAK
$2.53B
| $68.6M | 0.01% |
641,417
+36,226
| +6% | +$3.66M |
|
1044
JetBlue
JBLU
$2.28B
| $68.4M | 0.01% |
4,073,765
+23,957
| +0.6% | +$464K |
|
1045
Editas Medicine
EDIT
$396M
| $68.3M | 0.01% |
1,205,271
+51,906
| +5% | +$1.92M |
|
1046
Howard Hughes
HHH
$3.81B
| $68.1M | 0.01% |
733,368
+25,177
| +4% | +$2.49M |
|
|
ENV
1047
DELISTED
ENVESTNET, INC.
ENV
| $68M | 0.01% |
896,879
+46,922
| +6% | +$3.45M |
|
1048
COPT Defense Properties
CDP
$4.3B
| $67.9M | 0.01% |
2,425,210
+611,575
| +34% | +$17.1M |
|
1049
Watts Water Technologies
WTS
$11.5B
| $67.8M | 0.01% |
464,416
+19,232
| +4% | +$2.54M |
|
|
SUM
1050
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $67.7M | 0.01% |
1,976,574
+112,249
| +6% | +$3.54M |
|
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.