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 | |
|---|---|---|---|---|---|---|
|
EQC
1101
DELISTED
Equity Commonwealth
EQC
| $63.8M | 0.01% |
2,434,549
+525,462
| +28% | +$14.6M |
|
|
BBBY
1102
DELISTED
Bed Bath & Beyond Inc
BBBY
| $63.8M | 0.01% |
1,915,672
-167,783
| -8% | -$4.67M |
|
|
STMP
1103
DELISTED
Stamps.com, Inc.
STMP
| $63.8M | 0.01% |
318,364
+18,043
| +6% | +$3.54M |
|
1104
LXP Industrial Trust
LXP
$3.57B
| $63.7M | 0.01% |
1,066,141
+40,003
| +4% | +$2.43M |
|
1105
Insight Enterprises
NSIT
$3.89B
| $63.5M | 0.01% |
635,437
-8,053
| -1% | -$814K |
|
|
EVBG
1106
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $63.5M | 0.01% |
466,816
+21,146
| +5% | +$2.64M |
|
1107
Essential Properties Realty Trust
EPRT
$6.77B
| $63.5M | 0.01% |
2,347,597
+299,063
| +15% | +$7.77M |
|
|
UMPQ
1108
DELISTED
Umpqua Holdings Corp
UMPQ
| $63.4M | 0.01% |
3,436,268
-137,283
| -4% | -$2.55M |
|
|
ALE
1109
DELISTED
Allete
ALE
| $63.1M | 0.01% |
902,270
+41,815
| +5% | +$2.91M |
|
1110
Glaukos
GKOS
$9.83B
| $63.1M | 0.01% |
743,919
+47,914
| +7% | +$3.93M |
|
|
ISBC
1111
DELISTED
Investors Bancorp, Inc.
ISBC
| $63.1M | 0.01% |
4,422,638
+69,898
| +2% | +$1.03M |
|
1112
Kinsale Capital Group
KNSL
$8.12B
| $63M | 0.01% |
382,328
+11,716
| +3% | +$1.93M |
|
1113
Rithm Capital
RITM
$5.52B
| $63M | 0.01% |
5,946,087
+818,176
| +16% | +$8.69M |
|
1114
Diodes
DIOD
$3.78B
| $62.8M | 0.01% |
787,758
+19,147
| +2% | +$1.47M |
|
|
DEN
1115
DELISTED
Denbury Inc.
DEN
| $62.8M | 0.01% |
818,414
+419,731
| +105% | +$25.6M |
|
1116
Icon
ICLR
$12.6B
| $62.8M | 0.01% |
303,880
+184,432
| +154% | +$39.8M |
|
1117
Rogers Corp
ROG
$2.21B
| $62.8M | 0.01% |
312,601
+7,217
| +2% | +$1.38M |
|
1118
Medifast
MED
$109M
| $62.7M | 0.01% |
221,630
+33,121
| +18% | +$8.97M |
|
1119
Upbound Group
UPBD
$1.13B
| $62.7M | 0.01% |
1,181,129
+332,452
| +39% | +$19.3M |
|
|
ARNC
1120
DELISTED
Arconic Corporation
ARNC
| $62.5M | 0.01% |
1,755,392
+173,024
| +11% | +$5.72M |
|
1121
Brink's
BCO
$4.88B
| $62.4M | 0.01% |
812,358
+23,873
| +3% | +$1.85M |
|
1122
Spire
SR
$4.72B
| $62.3M | 0.01% |
861,690
+35,851
| +4% | +$2.67M |
|
1123
Macerich
MAC
$7.33B
| $62.3M | 0.01% |
3,411,591
+915,885
| +37% | +$13.7M |
|
1124
Element Solutions
ESI
$8.95B
| $62.2M | 0.01% |
2,660,266
+103,191
| +4% | +$2.27M |
|
|
HPP
1125
Hudson Pacific Properties
HPP
$747M
| $62.1M | 0.01% |
319,054
+3,035
| +1% | +$600K |
|
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.