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 | |
|---|---|---|---|---|---|---|
1051
Ambarella
AMBA
$3.77B
| $67.7M | 0.01% |
634,870
+31,356
| +5% | +$3.1M |
|
|
MZTI
1052
The Marzetti Company
MZTI
$2.93B
| $67.6M | 0.01% |
349,434
+11,364
| +3% | +$2.13M |
|
1053
Herbalife
HLF
$1.29B
| $67.6M | 0.01% |
1,281,777
+68,003
| +6% | +$3.38M |
|
1054
Commault Systems
CVLT
$4.88B
| $67.5M | 0.01% |
863,643
+15,806
| +2% | +$1.15M |
|
1055
Autoliv
ALV
$9.02B
| $67.5M | 0.01% |
691,914
+37,506
| +6% | +$3.78M |
|
1056
Interactive Brokers
IBKR
$39.2B
| $67.5M | 0.01% |
4,106,888
+236,140
| +6% | +$4.09M |
|
1057
Huntsman Corp
HUN
$1.71B
| $67.4M | 0.01% |
2,543,308
-225,369
| -8% | -$6.41M |
|
|
RETA
1058
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $67.4M | 0.01% |
476,443
+140,402
| +42% | +$15.9M |
|
1059
Alarm.com
ALRM
$2.71B
| $67.4M | 0.01% |
795,708
+25,214
| +3% | +$2.15M |
|
|
AQUA
1060
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $67.3M | 0.01% |
1,990,843
+70,923
| +4% | +$2.13M |
|
|
ONC
1061
BeOne Medicines Ltd
ONC
$32.8B
| $67.1M | 0.01% |
196,817
+12,171
| +7% | +$4.03M |
|
1062
Bank OZK
OZK
$5.6B
| $66.9M | 0.01% |
1,586,562
+39,737
| +3% | +$1.66M |
|
1063
Artisan Partners
APAM
$2.79B
| $66.9M | 0.01% |
1,315,974
+190,740
| +17% | +$10M |
|
|
PACW
1064
DELISTED
PacWest Bancorp
PACW
| $66.9M | 0.01% |
1,624,399
+7,505
| +0.5% | +$321K |
|
1065
Eastern Bankshares
EBC
$5.26B
| $66.8M | 0.01% |
3,249,608
+373,847
| +13% | +$7.92M |
|
1066
ONE Gas
OGS
$4.87B
| $66.6M | 0.01% |
898,196
+44,666
| +5% | +$3.44M |
|
1067
Home BancShares
HOMB
$6.23B
| $66.6M | 0.01% |
2,696,833
+98,449
| +4% | +$2.66M |
|
1068
Bankunited
BKU
$3.37B
| $66.5M | 0.01% |
1,557,347
+83,395
| +6% | +$3.81M |
|
1069
Unifirst Corp
UNF
$5.3B
| $66.4M | 0.01% |
282,972
-7,682
| -3% | -$1.72M |
|
|
AZEK
1070
DELISTED
The AZEK Co
AZEK
| $66.4M | 0.01% |
1,563,269
+209,213
| +15% | +$9.37M |
|
1071
Sonos
SONO
$1.73B
| $66.3M | 0.01% |
1,881,984
+46,568
| +3% | +$1.74M |
|
1072
Korn Ferry
KFY
$4.18B
| $66.2M | 0.01% |
912,965
+34,924
| +4% | +$2.32M |
|
1073
Commercial Metals
CMC
$7.6B
| $66.2M | 0.01% |
2,155,400
+76,303
| +4% | +$2.36M |
|
1074
Kulicke & Soffa
KLIC
$4.67B
| $66.1M | 0.01% |
1,080,345
+487,605
| +82% | +$26.3M |
|
1075
SPS Commerce
SPSC
$2.64B
| $66M | 0.01% |
661,430
+15,200
| +2% | +$1.5M |
|
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.