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 | |
|---|---|---|---|---|---|---|
1376
CVB Financial
CVBF
$3.94B
| $46.2M | 0.01% |
2,243,542
+84,092
| +4% | +$1.84M |
|
1377
Albany International
AIN
$2.11B
| $46.1M | 0.01% |
516,611
+27,587
| +6% | +$2.41M |
|
|
AEL
1378
DELISTED
American Equity Investment Life Holding Company
AEL
| $46.1M | 0.01% |
1,425,976
+23,505
| +2% | +$742K |
|
|
FLOW
1379
DELISTED
SPX FLOW, Inc.
FLOW
| $46M | 0.01% |
704,788
+28,739
| +4% | +$1.92M |
|
1380
Microvision
MVIS
$6.21M
| $46M | 0.01% |
2,744,324
+1,446,658
| +111% | +$23.7M |
|
1381
Champion Homes
SKY
$4.37B
| $46M | 0.01% |
862,408
+28,738
| +3% | +$1.35M |
|
1382
Xerox
XRX
$387M
| $45.9M | 0.01% |
1,955,739
-200,863
| -9% | -$4.86M |
|
1383
XPeng
XPEV
$12.4B
| $45.9M | 0.01% |
1,043,659
+532,697
| +104% | +$18.2M |
|
|
PRFT
1384
DELISTED
Perficient Inc
PRFT
| $45.8M | 0.01% |
569,874
+16,640
| +3% | +$1.17M |
|
|
UNIT
1385
Uniti Group
UNIT
$2.36B
| $45.8M | 0.01% |
4,325,998
+175,205
| +4% | +$1.9M |
|
|
IRBT
1386
DELISTED
iRobot
IRBT
| $45.8M | 0.01% |
490,067
-11,328
| -2% | -$1.16M |
|
1387
Minerals Technologies
MTX
$2.36B
| $45.7M | 0.01% |
580,826
+24,121
| +4% | +$1.95M |
|
1388
J&J Snack Foods
JJSF
$1.43B
| $45.6M | 0.01% |
261,583
+2,056
| +0.8% | +$347K |
|
|
PDM
1389
Piedmont Realty Trust
PDM
$1.21B
| $45.5M | 0.01% |
2,465,026
+131,196
| +6% | +$2.44M |
|
|
MNTV
1390
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $45.4M | 0.01% |
2,156,212
+124,642
| +6% | +$2.41M |
|
1391
Hilltop Holdings
HTH
$2.26B
| $45.4M | 0.01% |
1,247,774
+28,394
| +2% | +$1.01M |
|
|
XHR
1392
Xenia Hotels & Resorts
XHR
$1.9B
| $45.4M | 0.01% |
2,422,805
+65,350
| +3% | +$1.26M |
|
|
TPH
1393
DELISTED
Tri Pointe Homes
TPH
| $45.2M | 0.01% |
2,107,288
-47,362
| -2% | -$1.08M |
|
1394
Graham Holdings Company
GHC
$5.1B
| $45M | 0.01% |
71,065
+20,392
| +40% | +$13.1M |
|
|
DOOR
1395
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $45M | 0.01% |
402,607
+19,337
| +5% | +$2.34M |
|
1396
Plexus
PLXS
$6.72B
| $45M | 0.01% |
492,291
+13,885
| +3% | +$1.3M |
|
1397
Boise Cascade
BCC
$2.69B
| $45M | 0.01% |
771,051
+12,438
| +2% | +$807K |
|
1398
Prestige Consumer Healthcare
PBH
$2.38B
| $44.9M | 0.01% |
861,044
+50,705
| +6% | +$2.44M |
|
1399
Wolverine World Wide
WWW
$1.61B
| $44.8M | 0.01% |
1,332,990
+33,495
| +3% | +$1.27M |
|
|
FOLD
1400
DELISTED
Amicus Therapeutics
FOLD
| $44.8M | 0.01% |
4,645,931
+270,704
| +6% | +$2.64M |
|
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.