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 | |
|---|---|---|---|---|---|---|
1151
Protolabs
PRLB
$1.79B
| $55M | 0.01% |
451,980
+46,097
| +11% | +$7.67M |
|
1152
LivePerson
LPSN
$21.8M
| $55M | 0.01% |
69,464
+5,757
| +9% | +$5.33M |
|
1153
8x8 Inc
EGHT
$269M
| $54.9M | 0.01% |
1,690,839
+146,754
| +10% | +$5.08M |
|
1154
Korn Ferry
KFY
$4.18B
| $54.8M | 0.01% |
878,041
+65,062
| +8% | +$3.62M |
|
1155
ABM Industries
ABM
$2.81B
| $54.7M | 0.01% |
1,072,807
+87,493
| +9% | +$3.84M |
|
1156
ZTO Express
ZTO
$18.3B
| $54.7M | 0.01% |
1,887,738
+110,153
| +6% | +$3.6M |
|
1157
Commault Systems
CVLT
$4.88B
| $54.7M | 0.01% |
847,837
+64,005
| +8% | +$4.07M |
|
|
CVET
1158
DELISTED
Covetrus, Inc. Common Stock
CVET
| $54.7M | 0.01% |
1,824,116
+139,390
| +8% | +$4.75M |
|
|
ESGR
1159
DELISTED
Enstar Group
ESGR
| $54.6M | 0.01% |
221,447
+17,701
| +9% | +$4.02M |
|
1160
Iovance Biotherapeutics
IOVA
$1.82B
| $54.5M | 0.01% |
1,722,823
+62,962
| +4% | +$2.61M |
|
1161
AMN Healthcare
AMN
$1.3B
| $54.5M | 0.01% |
739,018
+53,637
| +8% | +$3.99M |
|
1162
PTC Therapeutics
PTCT
$5.68B
| $54.4M | 0.01% |
1,149,100
+104,952
| +10% | +$6.23M |
|
1163
National Fuel Gas
NFG
$7.82B
| $54.3M | 0.01% |
1,086,743
+29,786
| +3% | +$1.35M |
|
|
AGNT
1164
AGNT Inc
AGNT
$666M
| $54.3M | 0.01% |
1,191,962
+60,424
| +5% | +$3.22M |
|
1165
Sensient Technologies
SXT
$5.26B
| $54.3M | 0.01% |
695,844
+40,466
| +6% | +$3.11M |
|
1166
Teva Pharmaceuticals
TEVA
$40.8B
| $54.1M | 0.01% |
4,701,461
-208,644
| -4% | -$2.39M |
|
|
EVBG
1167
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $54M | 0.01% |
445,670
+17,506
| +4% | +$2.46M |
|
|
AJRD
1168
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $54M | 0.01% |
1,148,949
+97,384
| +9% | +$4.95M |
|
|
JBGS
1169
JBG SMITH
JBGS
$818M
| $53.9M | 0.01% |
1,696,201
+8,223
| +0.5% | +$261K |
|
1170
Allegiant Air
ALGT
$2.64B
| $53.9M | 0.01% |
220,668
+20,227
| +10% | +$4.49M |
|
1171
Herbalife
HLF
$1.29B
| $53.8M | 0.01% |
1,213,774
-57,098
| -4% | -$2.82M |
|
1172
StoneCo
STNE
$2.77B
| $53.7M | 0.01% |
877,175
-29,965
| -3% | -$2.34M |
|
1173
Avista
AVA
$3.34B
| $53.6M | 0.01% |
1,123,081
+66,144
| +6% | +$2.72M |
|
1174
RLJ Lodging Trust
RLJ
$1.86B
| $53.6M | 0.01% |
3,463,999
+193,102
| +6% | +$2.89M |
|
1175
Simmons First National
SFNC
$3.41B
| $53.6M | 0.01% |
1,807,023
+156,519
| +9% | +$4.4M |
|
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.