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 | |
|---|---|---|---|---|---|---|
1326
Brady Corp
BRC
$4.44B
| $44M | 0.01% |
823,448
+46,310
| +6% | +$2.42M |
|
1327
Atlassian
TEAM
$25.6B
| $44M | 0.01% |
208,815
+8,775
| +4% | +$2.04M |
|
1328
ESCO Technologies
ESE
$8.17B
| $44M | 0.01% |
403,835
+25,575
| +7% | +$2.7M |
|
1329
Plexus
PLXS
$6.72B
| $43.9M | 0.01% |
478,406
+24,259
| +5% | +$2.06M |
|
|
TPH
1330
DELISTED
Tri Pointe Homes
TPH
| $43.9M | 0.01% |
2,154,650
+128,318
| +6% | +$2.52M |
|
1331
Bank of Hawaii
BOH
$3.15B
| $43.9M | 0.01% |
490,137
+25,221
| +5% | +$2.2M |
|
1332
Liberty Global Class A
LBTYA
$3.62B
| $43.8M | 0.01% |
1,709,132
+137,012
| +9% | +$3.46M |
|
|
CCXI
1333
DELISTED
ChemoCentryx, Inc.
CCXI
| $43.8M | 0.01% |
853,910
+58,992
| +7% | +$3.55M |
|
1334
MGE Energy Inc
MGEE
$3B
| $43.7M | 0.01% |
612,750
+39,438
| +7% | +$2.66M |
|
1335
Antero Resources
AR
$11.1B
| $43.7M | 0.01% |
4,288,243
+589,520
| +16% | +$4.99M |
|
|
MDRX
1336
DELISTED
Veradigm Inc. Common Stock
MDRX
| $43.7M | 0.01% |
2,910,477
+97,946
| +3% | +$1.57M |
|
1337
Schrodinger
SDGR
$1.13B
| $43.7M | 0.01% |
572,676
+60,441
| +12% | +$5.43M |
|
1338
Comfort Systems
FIX
$60.9B
| $43.7M | 0.01% |
583,883
+45,904
| +9% | +$2.93M |
|
1339
Columbia Sportswear
COLM
$3.04B
| $43.6M | 0.01% |
413,000
+18,553
| +5% | +$1.84M |
|
|
CADE
1340
DELISTED
Cadence Bancorporation
CADE
| $43.6M | 0.01% |
2,102,854
+159,446
| +8% | +$3.25M |
|
1341
Adaptive Biotechnologies
ADPT
$3.59B
| $43.6M | 0.01% |
1,082,719
+46,785
| +5% | +$2.53M |
|
1342
ASML
ASML
$626B
| $43.6M | 0.01% |
70,555
+4,214
| +6% | +$2.34M |
|
|
COOP
1343
DELISTED
Mr. Cooper
COOP
| $43.5M | 0.01% |
1,252,899
+84,678
| +7% | +$2.67M |
|
1344
Tenable Holdings
TENB
$3.6B
| $43.4M | 0.01% |
1,198,240
+76,635
| +7% | +$3.46M |
|
|
FOLD
1345
DELISTED
Amicus Therapeutics
FOLD
| $43.2M | 0.01% |
4,375,227
+316,124
| +8% | +$4.89M |
|
|
UNVR
1346
DELISTED
Univar Solutions Inc.
UNVR
| $43.1M | 0.01% |
1,999,557
+42,923
| +2% | +$879K |
|
1347
Kirby Corp
KEX
$7.01B
| $43M | 0.01% |
713,861
+15,385
| +2% | +$924K |
|
1348
AeroVironment
AVAV
$7.56B
| $42.9M | 0.01% |
369,429
+31,927
| +9% | +$3.73M |
|
|
FLOW
1349
DELISTED
SPX FLOW, Inc.
FLOW
| $42.8M | 0.01% |
676,049
+42,034
| +7% | +$2.54M |
|
1350
Jack in the Box
JACK
$312M
| $42.8M | 0.01% |
389,697
+19,080
| +5% | +$1.94M |
|
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.