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 | |
|---|---|---|---|---|---|---|
|
P
1151
Everpure Inc
P
$25.7B
| $60M | 0.01% |
3,070,878
+207,616
| +7% | +$4.08M |
|
1152
Franklin Electric
FELE
$4.63B
| $59.9M | 0.01% |
743,376
+28,675
| +4% | +$2.35M |
|
1153
EPR Properties
EPR
$4.76B
| $59.7M | 0.01% |
1,133,862
+8,406
| +0.7% | +$418K |
|
1154
Steven Madden
SHOO
$3.37B
| $59.6M | 0.01% |
1,362,238
+2,439
| +0.2% | +$101K |
|
1155
Webster Financial
WBS
$12.5B
| $59.6M | 0.01% |
1,116,828
+21,217
| +2% | +$1.18M |
|
|
AYX
1156
DELISTED
Alteryx Inc
AYX
| $59.5M | 0.01% |
691,351
+25,430
| +4% | +$2.08M |
|
1157
Magna International
MGA
$18.7B
| $59.4M | 0.01% |
646,795
+75,025
| +13% | +$7.15M |
|
1158
National Health Investors
NHI
$3.72B
| $59.3M | 0.01% |
884,716
+34,977
| +4% | +$2.44M |
|
|
CLDR
1159
DELISTED
Cloudera, Inc.
CLDR
| $59.3M | 0.01% |
3,738,549
+114,943
| +3% | +$1.56M |
|
1160
Federated Hermes
FHI
$4.55B
| $59.2M | 0.01% |
1,745,755
-97,084
| -5% | -$3.09M |
|
|
SPR
1161
DELISTED
Spirit AeroSystems
SPR
| $59.2M | 0.01% |
1,253,701
+8,005
| +0.6% | +$379K |
|
|
VG
1162
DELISTED
Vonage Holdings Corporation
VG
| $59.1M | 0.01% |
4,104,476
+182,619
| +5% | +$2.5M |
|
1163
Visteon
VC
$2.79B
| $59.1M | 0.01% |
489,039
+13,382
| +3% | +$1.61M |
|
1164
Onto Innovation
ONTO
$12.9B
| $59.1M | 0.01% |
809,233
+39,323
| +5% | +$2.7M |
|
1165
Cogent Communications
CCOI
$676M
| $59M | 0.01% |
767,194
+53,916
| +8% | +$4M |
|
1166
Helmerich & Payne
HP
$3.45B
| $58.9M | 0.01% |
1,804,464
+518,337
| +40% | +$15.2M |
|
1167
Flowers Foods
FLO
$1.49B
| $58.8M | 0.01% |
2,430,696
+12,822
| +0.5% | +$311K |
|
|
AJRD
1168
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $58.8M | 0.01% |
1,217,494
+68,545
| +6% | +$3.29M |
|
1169
Broadstone Net Lease
BNL
$4.11B
| $58.7M | 0.01% |
2,509,535
+1,960,305
| +357% | +$42.1M |
|
|
ETRN
1170
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $58.5M | 0.01% |
6,878,632
+1,913,716
| +39% | +$16.2M |
|
1171
Werner Enterprises
WERN
$2.24B
| $58.5M | 0.01% |
1,314,561
-145,362
| -10% | -$6.79M |
|
1172
Coca-Cola Europacific Partners
CCEP
$48.3B
| $58.4M | 0.01% |
991,912
+98,973
| +11% | +$5.77M |
|
1173
Ashland
ASH
$3.33B
| $58.4M | 0.01% |
667,367
+11,483
| +2% | +$1.03M |
|
|
ESGR
1174
DELISTED
Enstar Group
ESGR
| $58.4M | 0.01% |
244,291
+22,844
| +10% | +$5.68M |
|
|
STL
1175
DELISTED
Sterling Bancorp
STL
| $58.3M | 0.01% |
2,351,796
+42,410
| +2% | +$1.07M |
|
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.