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 | |
|---|---|---|---|---|---|---|
1351
FNB Corp
FNB
$6.73B
| $47.6M | 0.01% |
3,862,130
+26,921
| +0.7% | +$350K |
|
1352
Red Rock Resorts
RRR
$3.77B
| $47.6M | 0.01% |
1,120,034
+15,765
| +1% | +$623K |
|
1353
Iovance Biotherapeutics
IOVA
$1.82B
| $47.6M | 0.01% |
1,829,236
+106,413
| +6% | +$2.77M |
|
|
MAXR
1354
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $47.6M | 0.01% |
1,192,196
-37,031
| -3% | -$1.32M |
|
1355
Veracyte
VCYT
$3.7B
| $47.6M | 0.01% |
1,189,470
+70,037
| +6% | +$2.99M |
|
1356
CryoPort
CYRX
$761M
| $47.4M | 0.01% |
751,036
+37,082
| +5% | +$2.09M |
|
1357
Evertec
EVTC
$1.88B
| $47.3M | 0.01% |
1,083,881
+28,946
| +3% | +$1.22M |
|
1358
Comfort Systems
FIX
$60.9B
| $47.3M | 0.01% |
600,252
+16,369
| +3% | +$1.33M |
|
1359
Rogers Communications
RCI
$18.3B
| $47.2M | 0.01% |
874,678
+93,792
| +12% | +$4.73M |
|
1360
Arcosa
ACA
$7.13B
| $47.1M | 0.01% |
802,530
+29,666
| +4% | +$1.83M |
|
|
INOV
1361
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $47.1M | 0.01% |
1,382,212
+49,526
| +4% | +$1.53M |
|
|
CADE
1362
DELISTED
Cadence Bank
CADE
| $47M | 0.01% |
1,659,967
+78,317
| +5% | +$2.38M |
|
|
UFS
1363
DELISTED
DOMTAR CORPORATION (New)
UFS
| $47M | 0.01% |
855,591
-39,042
| -4% | -$1.89M |
|
1364
International Bancshares
IBOC
$4.76B
| $47M | 0.01% |
1,095,009
+32,186
| +3% | +$1.5M |
|
|
MIC
1365
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $47M | 0.01% |
1,227,266
+286,509
| +30% | +$10.1M |
|
1366
iShares Core MSCI Emerging Markets ETF
IEMG
$150B
| – | – |
0
| – | – |
|
|
NOVA
1367
DELISTED
Sunnova Energy
NOVA
| $46.9M | 0.01% |
1,244,851
+240,963
| +24% | +$8.01M |
|
1368
Kontoor Brands
KTB
$4.63B
| $46.8M | 0.01% |
830,281
+48,536
| +6% | +$2.98M |
|
1369
Wheaton Precious Metals
WPM
$49.5B
| $46.8M | 0.01% |
1,064,008
+122,881
| +13% | +$5.47M |
|
1370
Maravai LifeSciences
MRVI
$969M
| $46.8M | 0.01% |
1,121,156
+323,948
| +41% | +$12.6M |
|
1371
AXIS Capital
AXS
$7.68B
| $46.7M | 0.01% |
953,762
-599
| -0.1% | -$31.8K |
|
1372
Unity
U
$13.8B
| $46.7M | 0.01% |
426,304
+344,881
| +424% | +$33.9M |
|
1373
Rambus
RMBS
$9.87B
| $46.6M | 0.01% |
1,964,039
+72,634
| +4% | +$1.46M |
|
|
BDN
1374
Brandywine Realty Trust
BDN
$524M
| $46.5M | 0.01% |
3,394,210
+878,971
| +35% | +$12.1M |
|
1375
Matsons
MATX
$6.13B
| $46.4M | 0.01% |
724,366
+37,334
| +5% | +$2.44M |
|
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.