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 | |
|---|---|---|---|---|---|---|
1201
Merit Medical Systems
MMSI
$5.08B
| $51.7M | 0.01% |
863,549
+61,335
| +8% | +$3.51M |
|
1202
Columbia Banking Systems
COLB
$8.84B
| $51.7M | 0.01% |
1,199,682
+84,100
| +8% | +$3.67M |
|
1203
Gibraltar Industries
ROCK
$1.25B
| $51.7M | 0.01% |
564,731
+35,176
| +7% | +$3.23M |
|
|
REGI
1204
DELISTED
Renewable Energy Group, Inc.
REGI
| $51.6M | 0.01% |
780,927
+183,610
| +31% | +$15.8M |
|
1205
Vishay Intertechnology
VSH
$5.25B
| $51.5M | 0.01% |
2,140,685
+174,868
| +9% | +$4.09M |
|
|
JHG
1206
DELISTED
Janus Henderson
JHG
| $51.4M | 0.01% |
1,651,100
+257,104
| +18% | +$8.09M |
|
1207
Vipshop
VIPS
$7.37B
| $51.4M | 0.01% |
1,733,517
+147,642
| +9% | +$5.09M |
|
|
CADE
1208
DELISTED
Cadence Bank
CADE
| $51.4M | 0.01% |
1,581,650
+111,993
| +8% | +$3.45M |
|
|
SUM
1209
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $51.4M | 0.01% |
1,864,325
+156,103
| +9% | +$3.92M |
|
1210
Casella Waste Systems
CWST
$5.71B
| $51.3M | 0.01% |
807,294
+68,751
| +9% | +$4.16M |
|
1211
Quaker Houghton
KWR
$2.76B
| $51.2M | 0.01% |
209,902
+16,219
| +8% | +$4.33M |
|
1212
AtriCure
ATRC
$1.92B
| $50.9M | 0.01% |
777,378
+85,827
| +12% | +$5.29M |
|
|
LNW
1213
DELISTED
Light & Wonder
LNW
| $50.9M | 0.01% |
1,321,603
+269,717
| +26% | +$12.1M |
|
1214
Clean Harbors
CLH
$16.5B
| $50.9M | 0.01% |
605,528
+9,218
| +2% | +$775K |
|
|
SFBS
1215
ServisFirst Bancshares
SFBS
$4.89B
| $50.8M | 0.01% |
828,479
+56,854
| +7% | +$2.82M |
|
1216
Hilton Grand Vacations
HGV
$3.59B
| $50.7M | 0.01% |
1,352,488
+46,670
| +4% | +$1.68M |
|
1217
Hyatt Hotels
H
$16.4B
| $50.7M | 0.01% |
612,658
+39,646
| +7% | +$3.12M |
|
1218
Steven Madden
SHOO
$3.37B
| $50.7M | 0.01% |
1,359,799
+90,386
| +7% | +$3.29M |
|
1219
Onto Innovation
ONTO
$12.9B
| $50.6M | 0.01% |
769,910
+49,541
| +7% | +$2.95M |
|
1220
Atlantic Union Bankshares
AUB
$6.02B
| $50.6M | 0.01% |
1,318,173
+114,495
| +10% | +$4.22M |
|
1221
Signet Jewelers
SIG
$3.61B
| $50.5M | 0.01% |
871,483
+72,624
| +9% | +$3.41M |
|
|
AQUA
1222
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $50.5M | 0.01% |
1,919,920
+422,588
| +28% | +$11.3M |
|
1223
Mercury Systems
MRCY
$5.83B
| $50.4M | 0.01% |
714,063
+19,083
| +3% | +$1.38M |
|
1224
Amkor Technology
AMKR
$12.4B
| $50.4M | 0.01% |
2,125,186
-301,663
| -12% | -$6.17M |
|
1225
Papa John's
PZZA
$984M
| $50.4M | 0.01% |
568,278
+47,479
| +9% | +$4.48M |
|
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.