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 | |
|---|---|---|---|---|---|---|
1251
Ormat Technologies
ORA
$6B
| $53.4M | 0.01% |
768,011
+19,522
| +3% | +$1.39M |
|
|
AMRS
1252
DELISTED
Amyris Inc.
AMRS
| $53.2M | 0.01% |
3,250,012
+856,436
| +36% | +$12.8M |
|
1253
Hamilton Lane
HLNE
$4.91B
| $53.2M | 0.01% |
583,641
+35,117
| +6% | +$3.18M |
|
1254
Emergent Biosolutions
EBS
$373M
| $53.1M | 0.01% |
842,877
+18,945
| +2% | +$1.22M |
|
|
MDRX
1255
DELISTED
Veradigm Inc. Common Stock
MDRX
| $53.1M | 0.01% |
2,868,108
-42,369
| -1% | -$713K |
|
1256
MACOM Technology Solutions
MTSI
$19.2B
| $53.1M | 0.01% |
827,923
+28,025
| +4% | +$1.63M |
|
1257
ICU Medical
ICUI
$4.21B
| $53M | 0.01% |
257,719
+5,232
| +2% | +$1.08M |
|
1258
iHeartMedia
IHRT
$543M
| $52.9M | 0.01% |
1,964,224
+530,197
| +37% | +$11.7M |
|
1259
Casella Waste Systems
CWST
$5.71B
| $52.9M | 0.01% |
833,337
+26,043
| +3% | +$1.73M |
|
1260
Integer Holdings
ITGR
$4.12B
| $52.7M | 0.01% |
559,962
+26,870
| +5% | +$2.48M |
|
|
REGI
1261
DELISTED
Renewable Energy Group, Inc.
REGI
| $52.7M | 0.01% |
845,545
+64,618
| +8% | +$4.03M |
|
1262
LiveRamp
RAMP
$2.3B
| $52.7M | 0.01% |
1,124,460
+58,502
| +5% | +$2.81M |
|
1263
TriNet
TNET
$3.02B
| $52.6M | 0.01% |
726,242
+45,484
| +7% | +$3.53M |
|
1264
Avnet
AVT
$7.29B
| $52.6M | 0.01% |
1,312,371
+29,034
| +2% | +$1.25M |
|
|
VRNT
1265
DELISTED
Verint Systems
VRNT
| $52.5M | 0.01% |
1,165,629
+67,355
| +6% | +$3.12M |
|
1266
Celsius Holdings
CELH
$7.47B
| $52.5M | 0.01% |
2,068,380
+381,252
| +23% | +$7.77M |
|
|
TWOU
1267
DELISTED
2U Inc
TWOU
| $52.4M | 0.01% |
41,955
+11,822
| +39% | +$13.6M |
|
|
VSTO
1268
DELISTED
Vista Outdoor Inc.
VSTO
| $52.2M | 0.01% |
1,128,775
+24,384
| +2% | +$922K |
|
1269
CNO Financial Group
CNO
$5.14B
| $52.1M | 0.01% |
2,205,701
+44,205
| +2% | +$1.13M |
|
1270
GATX Corp
GATX
$6.35B
| $52.1M | 0.01% |
588,442
+29,971
| +5% | +$2.88M |
|
1271
Progyny
PGNY
$2.44B
| $51.9M | 0.01% |
880,070
+304,220
| +53% | +$17.1M |
|
1272
QuantumScape Corp
QS
$3.21B
| $51.9M | 0.01% |
1,774,343
+686,297
| +63% | +$22.2M |
|
1273
Quaker Houghton
KWR
$2.76B
| $51.8M | 0.01% |
218,452
+8,550
| +4% | +$2.04M |
|
|
NSTG
1274
DELISTED
NanoString Technologies, Inc.
NSTG
| $51.8M | 0.01% |
799,052
+36,668
| +5% | +$2.33M |
|
1275
Arvinas
ARVN
$518M
| $51.7M | 0.01% |
671,834
+77,862
| +13% | +$5.41M |
|
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.