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 | |
|---|---|---|---|---|---|---|
1326
Fulton Financial
FULT
$4.66B
| $49M | 0.01% |
3,104,461
+59,898
| +2% | +$1.02M |
|
1327
8x8 Inc
EGHT
$269M
| $48.8M | 0.01% |
1,758,472
+67,633
| +4% | +$1.92M |
|
1328
Brinker International
EAT
$9.17B
| $48.8M | 0.01% |
788,840
-33,216
| -4% | -$2.1M |
|
1329
First Bancorp
FBP
$4.42B
| $48.7M | 0.01% |
4,083,499
-22,120
| -0.5% | -$273K |
|
1330
CGI
GIB
$15.1B
| $48.7M | 0.01% |
540,289
+32,292
| +6% | +$2.86M |
|
1331
Brady Corp
BRC
$4.44B
| $48.6M | 0.01% |
867,296
+43,848
| +5% | +$2.47M |
|
1332
Columbia Banking Systems
COLB
$8.84B
| $48.5M | 0.01% |
1,258,756
+59,074
| +5% | +$2.51M |
|
|
CVET
1333
DELISTED
Covetrus, Inc. Common Stock
CVET
| $48.5M | 0.01% |
1,796,706
-27,410
| -2% | -$767K |
|
1334
First Hawaiian
FHB
$3.38B
| $48.5M | 0.01% |
1,711,366
-60,448
| -3% | -$1.69M |
|
|
LTHM
1335
DELISTED
Livent Corporation
LTHM
| $48.4M | 0.01% |
2,498,181
+136,956
| +6% | +$2.49M |
|
|
SJI
1336
DELISTED
South Jersey Industries, Inc.
SJI
| $48.3M | 0.01% |
1,863,878
+240,523
| +15% | +$6.2M |
|
|
RPAI
1337
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $48.3M | 0.01% |
4,217,618
+138,706
| +3% | +$1.62M |
|
1338
California Water Service
CWT
$3.1B
| $48.3M | 0.01% |
869,458
+48,962
| +6% | +$2.82M |
|
|
KW
1339
DELISTED
Kennedy-Wilson Holdings
KW
| $48.2M | 0.01% |
2,425,757
+76,835
| +3% | +$1.55M |
|
1340
MaxLinear
MXL
$6.06B
| $48.2M | 0.01% |
1,134,291
+50,129
| +5% | +$1.87M |
|
1341
Badger Meter
BMI
$3.89B
| $48M | 0.01% |
489,700
+10,059
| +2% | +$951K |
|
|
PDCO
1342
DELISTED
Patterson Companies, Inc.
PDCO
| $48M | 0.01% |
1,580,688
+53,596
| +4% | +$1.81M |
|
1343
MGE Energy Inc
MGEE
$3B
| $47.9M | 0.01% |
643,729
+30,979
| +5% | +$2.31M |
|
1344
PagerDuty
PD
$816M
| $47.8M | 0.01% |
1,121,989
+406,941
| +57% | +$16.5M |
|
1345
Adaptive Biotechnologies
ADPT
$3.59B
| $47.8M | 0.01% |
1,169,203
+86,484
| +8% | +$3.36M |
|
1346
Installed Building Products
IBP
$6.01B
| $47.8M | 0.01% |
390,343
+29,272
| +8% | +$3.57M |
|
1347
CareTrust REIT
CTRE
$9.91B
| $47.7M | 0.01% |
2,055,076
+86,589
| +4% | +$2.04M |
|
1348
Stepan Co
SCL
$1.46B
| $47.7M | 0.01% |
396,920
+10,265
| +3% | +$1.34M |
|
|
JWN
1349
DELISTED
Nordstrom
JWN
| $47.7M | 0.01% |
1,303,112
+2,578
| +0.2% | +$94.1K |
|
1350
Herc Holdings
HRI
$5.02B
| $47.6M | 0.01% |
425,047
+14,758
| +4% | +$1.56M |
|
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.