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 | |
|---|---|---|---|---|---|---|
|
CIM
1201
Chimera Investment
CIM
$1.04B
| $56.9M | 0.01% |
1,258,569
+142,027
| +13% | +$5.91M |
|
1202
Sprout Social
SPT
$516M
| $56.8M | 0.01% |
634,885
+150,084
| +31% | +$10.4M |
|
|
TMHC
1203
DELISTED
Taylor Morrison
TMHC
| $56.7M | 0.01% |
2,147,487
-94,585
| -4% | -$2.81M |
|
1204
FTI Consulting
FCN
$4.4B
| $56.7M | 0.01% |
415,243
-328
| -0.1% | -$46.2K |
|
1205
Grand Canyon Education
LOPE
$3.79B
| $56.4M | 0.01% |
627,258
-48,593
| -7% | -$4.8M |
|
|
AL
1206
DELISTED
Air Lease Corp
AL
| $56.3M | 0.01% |
1,349,388
+28,985
| +2% | +$1.35M |
|
1207
Asbury Automotive
ABG
$4.31B
| $56.3M | 0.01% |
328,374
+5,103
| +2% | +$981K |
|
1208
Terex
TEX
$7.18B
| $56.2M | 0.01% |
1,179,952
+24,312
| +2% | +$1.18M |
|
1209
Merit Medical Systems
MMSI
$5.08B
| $56.1M | 0.01% |
867,847
+4,298
| +0.5% | +$266K |
|
1210
Atlassian
TEAM
$25.6B
| $56M | 0.01% |
218,161
+9,346
| +4% | +$2.19M |
|
|
NKLA
1211
DELISTED
Nikola Corporation Common Stock
NKLA
| $56M | 0.01% |
103,273
+54,976
| +114% | +$22.9M |
|
1212
MSC Industrial Direct
MSM
$6.89B
| $55.8M | 0.01% |
622,410
+34,320
| +6% | +$3.14M |
|
1213
Simmons First National
SFNC
$3.41B
| $55.5M | 0.01% |
1,891,713
+84,690
| +5% | +$2.53M |
|
1214
Walker & Dunlop
WD
$1.71B
| $55.4M | 0.01% |
531,103
+25,188
| +5% | +$2.64M |
|
1215
PROG Holdings
PRG
$1.75B
| $55.3M | 0.01% |
1,147,936
+35,543
| +3% | +$1.77M |
|
1216
Vir Biotechnology
VIR
$1.46B
| $55.2M | 0.01% |
1,167,340
+89,918
| +8% | +$4.09M |
|
1217
Associated Banc-Corp
ASB
$5.83B
| $55.1M | 0.01% |
2,692,395
+714,552
| +36% | +$15.8M |
|
1218
News Corp Class B
NWS
$16.9B
| $55.1M | 0.01% |
2,267,532
+11,627
| +0.5% | +$287K |
|
|
ONEM
1219
DELISTED
1Life Healthcare
ONEM
| $55.1M | 0.01% |
1,666,380
+339,488
| +26% | +$12.8M |
|
1220
Simply Good Foods
SMPL
$901M
| $55M | 0.01% |
1,506,708
+51,198
| +4% | +$1.75M |
|
1221
RLJ Lodging Trust
RLJ
$1.86B
| $54.9M | 0.01% |
3,607,152
+143,153
| +4% | +$2.23M |
|
1222
FirstCash
FCFS
$8.85B
| $54.9M | 0.01% |
717,772
+28,139
| +4% | +$2.13M |
|
|
JBGS
1223
JBG SMITH
JBGS
$818M
| $54.8M | 0.01% |
1,739,673
+43,472
| +3% | +$1.42M |
|
1224
H.B. Fuller
FUL
$2.97B
| $54.7M | 0.01% |
860,275
+37,886
| +5% | +$2.54M |
|
1225
NorthWestern Energy
NWE
$4.23B
| $54.6M | 0.01% |
905,942
+20,157
| +2% | +$1.31M |
|
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.