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 | |
|---|---|---|---|---|---|---|
1051
Brink's
BCO
$4.88B
| $62.5M | 0.01% |
788,485
+61,912
| +9% | +$4.68M |
|
1052
Ollie's Bargain Outlet
OLLI
$4.44B
| $62.2M | 0.01% |
714,972
+17,492
| +3% | +$1.59M |
|
1053
Ameris Bancorp
ABCB
$5.85B
| $61.8M | 0.01% |
1,176,703
+100,572
| +9% | +$4.78M |
|
|
AIMC
1054
DELISTED
Altra Industrial Motion Corp
AIMC
| $61.8M | 0.01% |
1,116,598
+77,431
| +7% | +$4.5M |
|
|
PACW
1055
DELISTED
PacWest Bancorp
PACW
| $61.7M | 0.01% |
1,616,894
-41,046
| -2% | -$1.44M |
|
|
P
1056
Everpure Inc
P
$25.7B
| $61.7M | 0.01% |
2,863,262
+122,454
| +4% | +$2.91M |
|
1057
NCR Voyix
VYX
$1.14B
| $61.5M | 0.01% |
2,640,809
+84,609
| +3% | +$1.86M |
|
|
MDC
1058
DELISTED
M.D.C. Holdings, Inc.
MDC
| $61.5M | 0.01% |
1,034,888
-144,159
| -12% | -$7.56M |
|
1059
National Health Investors
NHI
$3.72B
| $61.4M | 0.01% |
849,739
+53,469
| +7% | +$3.73M |
|
1060
Insight Enterprises
NSIT
$3.89B
| $61.4M | 0.01% |
643,490
+43,473
| +7% | +$3.73M |
|
|
ENV
1061
DELISTED
ENVESTNET, INC.
ENV
| $61.4M | 0.01% |
849,957
+70,009
| +9% | +$5.44M |
|
1062
Kemper
KMPR
$1.67B
| $61.4M | 0.01% |
769,851
+24,143
| +3% | +$1.86M |
|
1063
Diodes
DIOD
$3.78B
| $61.4M | 0.01% |
768,611
+32,833
| +4% | +$2.6M |
|
|
IRBT
1064
DELISTED
iRobot
IRBT
| $61.3M | 0.01% |
501,395
+33,628
| +7% | +$3.82M |
|
1065
Pebblebrook Hotel Trust
PEB
$2.15B
| $61.2M | 0.01% |
2,520,530
+139,852
| +6% | +$3.07M |
|
1066
Murphy USA
MUSA
$11.2B
| $61.1M | 0.01% |
422,720
+12,869
| +3% | +$1.66M |
|
1067
Carlyle Group
CG
$16.6B
| $61.1M | 0.01% |
1,664,023
+107,602
| +7% | +$3.77M |
|
1068
Kinsale Capital Group
KNSL
$8.12B
| $61.1M | 0.01% |
370,612
+19,945
| +6% | +$3.66M |
|
1069
Spire
SR
$4.72B
| $61M | 0.01% |
825,839
+60,432
| +8% | +$4.03M |
|
1070
Valmont Industries
VMI
$9.3B
| $61M | 0.01% |
256,648
+4,180
| +2% | +$927K |
|
1071
Texas Capital Bancshares
TCBI
$4.3B
| $60.9M | 0.01% |
859,374
+60,656
| +8% | +$4.46M |
|
1072
Teradata
TDC
$2.92B
| $60.8M | 0.01% |
1,578,245
+269,507
| +21% | +$9.84M |
|
1073
LivaNova
LIVN
$4.4B
| $60.8M | 0.01% |
824,896
+57,708
| +8% | +$4.12M |
|
1074
Applied Industrial Technologies
AIT
$12.8B
| $60.8M | 0.01% |
667,027
+45,598
| +7% | +$3.87M |
|
|
BBBY
1075
DELISTED
Bed Bath & Beyond Inc
BBBY
| $60.7M | 0.01% |
2,083,455
+127,081
| +6% | +$3.56M |
|
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.