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 | |
|---|---|---|---|---|---|---|
1126
Applied Industrial Technologies
AIT
$12.8B
| $62.1M | 0.01% |
682,257
+15,230
| +2% | +$1.45M |
|
1127
Sensient Technologies
SXT
$5.26B
| $61.9M | 0.01% |
715,565
+19,721
| +3% | +$1.67M |
|
1128
LGI Homes
LGIH
$1.27B
| $61.9M | 0.01% |
382,383
+11,327
| +3% | +$1.87M |
|
|
SWN
1129
DELISTED
Southwestern Energy Company
SWN
| $61.9M | 0.01% |
10,917,775
+445,413
| +4% | +$2.19M |
|
1130
WD-40
WDFC
$3.05B
| $61.7M | 0.01% |
240,569
-40,073
| -14% | -$10.2M |
|
1131
Pebblebrook Hotel Trust
PEB
$2.15B
| $61.6M | 0.01% |
2,616,954
+96,424
| +4% | +$2.27M |
|
1132
Ameris Bancorp
ABCB
$5.85B
| $61.6M | 0.01% |
1,216,667
+39,964
| +3% | +$2.15M |
|
1133
MGIC Investment
MTG
$6.16B
| $61.6M | 0.01% |
4,521,867
-847,119
| -16% | -$12.2M |
|
|
TPTX
1134
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $61.3M | 0.01% |
785,056
+107,116
| +16% | +$7.92M |
|
1135
Kratos Defense & Security Solutions
KTOS
$8.74B
| $61.2M | 0.01% |
2,148,250
+96,710
| +5% | +$2.56M |
|
1136
Papa John's
PZZA
$984M
| $61.1M | 0.01% |
585,513
+17,235
| +3% | +$1.67M |
|
1137
Under Armour Class C
UA
$2.77B
| $61.1M | 0.01% |
3,295,542
+66,604
| +2% | +$1.25M |
|
1138
ChargePoint
CHPT
$141M
| $61M | 0.01% |
+87,851
| New | +$46.5M |
|
1139
Boyd Gaming
BYD
$6.18B
| $61M | 0.01% |
992,452
-353,701
| -26% | -$22.3M |
|
1140
Navient
NAVI
$789M
| $61M | 0.01% |
3,154,179
-14,943
| -0.5% | -$257K |
|
1141
Cracker Barrel
CBRL
$1.26B
| $61M | 0.01% |
410,636
+6,003
| +1% | +$966K |
|
|
NUVA
1142
DELISTED
NuVasive, Inc.
NUVA
| $60.9M | 0.01% |
898,666
+28,936
| +3% | +$1.98M |
|
1143
Chewy
CHWY
$9.25B
| $60.9M | 0.01% |
765,076
+92,429
| +14% | +$7.15M |
|
1144
Atkore
ATKR
$2.46B
| $60.8M | 0.01% |
855,981
+11,431
| +1% | +$870K |
|
1145
EXL Service
EXLS
$5.14B
| $60.8M | 0.01% |
2,858,555
+70,550
| +3% | +$1.4M |
|
1146
Armstrong World Industries
AWI
$7.38B
| $60.7M | 0.01% |
566,058
+9,340
| +2% | +$962K |
|
1147
Valmont Industries
VMI
$9.3B
| $60.7M | 0.01% |
257,060
+412
| +0.2% | +$99.7K |
|
1148
Wintrust Financial
WTFC
$10.8B
| $60.6M | 0.01% |
800,880
+2,494
| +0.3% | +$195K |
|
1149
Allison Transmission
ALSN
$9.5B
| $60.5M | 0.01% |
1,523,338
-79,401
| -5% | -$3.38M |
|
1150
Ryder
R
$9.83B
| $60.4M | 0.01% |
812,066
+152,168
| +23% | +$12M |
|
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.