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 | |
|---|---|---|---|---|---|---|
1101
Artisan Partners
APAM
$2.79B
| $58.7M | 0.01% |
1,125,234
+105,334
| +10% | +$5.38M |
|
1102
Insmed
INSM
$21.4B
| $58.7M | 0.01% |
1,723,414
+126,782
| +8% | +$4.85M |
|
1103
Chemours
CC
$2.5B
| $58.7M | 0.01% |
2,102,144
+107,437
| +5% | +$2.86M |
|
|
SAVE
1104
DELISTED
Spirit Airlines, Inc.
SAVE
| $58.5M | 0.01% |
1,586,583
+121,712
| +8% | +$3.91M |
|
1105
National Vision
EYE
$1.77B
| $58.5M | 0.01% |
1,334,104
+92,796
| +7% | +$4.42M |
|
1106
Brinker International
EAT
$9.17B
| $58.4M | 0.01% |
822,056
+71,334
| +10% | +$4.77M |
|
1107
Glaukos
GKOS
$9.83B
| $58.4M | 0.01% |
696,005
+56,650
| +9% | +$4.98M |
|
1108
FTI Consulting
FCN
$4.4B
| $58.2M | 0.01% |
415,571
-31,490
| -7% | -$3.73M |
|
1109
Ashland
ASH
$3.33B
| $58.2M | 0.01% |
655,884
+21,328
| +3% | +$1.84M |
|
1110
Cannae Holdings
CNNE
$639M
| $58.2M | 0.01% |
1,467,733
+46,983
| +3% | +$1.9M |
|
1111
Visteon
VC
$2.79B
| $58M | 0.01% |
475,657
+33,788
| +8% | +$4.43M |
|
1112
Blackbaud
BLKB
$1.94B
| $58M | 0.01% |
815,385
+44,963
| +6% | +$3.1M |
|
|
ALLK
1113
DELISTED
Allakos
ALLK
| $57.9M | 0.01% |
504,651
+37,222
| +8% | +$4.7M |
|
1114
Crane NXT
CXT
$2.99B
| $57.9M | 0.01% |
1,774,852
+34,787
| +2% | +$1.03M |
|
|
PDCE
1115
DELISTED
PDC Energy, Inc.
PDCE
| $57.8M | 0.01% |
1,681,666
+145,926
| +10% | +$4.38M |
|
|
ALE
1116
DELISTED
Allete
ALE
| $57.8M | 0.01% |
860,455
+54,686
| +7% | +$3.58M |
|
1117
NorthWestern Energy
NWE
$4.23B
| $57.8M | 0.01% |
885,785
+55,628
| +7% | +$3.29M |
|
1118
CONMED
CNMD
$1.39B
| $57.7M | 0.01% |
441,841
+32,608
| +8% | +$3.92M |
|
1119
Apple Hospitality REIT
APLE
$3.9B
| $57.7M | 0.01% |
3,959,383
+152,175
| +4% | +$2.11M |
|
1120
Rithm Capital
RITM
$5.52B
| $57.7M | 0.01% |
5,127,911
+59,013
| +1% | +$601K |
|
1121
Federated Hermes
FHI
$4.55B
| $57.7M | 0.01% |
1,842,839
+102,940
| +6% | +$3.02M |
|
1122
Flowers Foods
FLO
$1.49B
| $57.5M | 0.01% |
2,417,874
+65,671
| +3% | +$1.5M |
|
1123
Rogers Corp
ROG
$2.21B
| $57.5M | 0.01% |
305,384
+20,451
| +7% | +$3.65M |
|
1124
Cathay General Bancorp
CATY
$4.22B
| $57.5M | 0.01% |
1,409,022
+93,503
| +7% | +$3.6M |
|
1125
Workiva
WK
$3.36B
| $57.1M | 0.01% |
647,133
+3,520
| +0.5% | +$348K |
|
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.