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 | |
|---|---|---|---|---|---|---|
1426
Qiagen
QGEN
$8.54B
| $39M | 0.01% |
755,784
-43,998
| -6% | -$2.42M |
|
|
LAZR
1427
DELISTED
Luminar Technologies
LAZR
| $39M | 0.01% |
+106,911
| New | +$48.4M |
|
1428
Agios Pharmaceuticals
AGIO
$1.79B
| $39M | 0.01% |
754,382
+29,151
| +4% | +$1.44M |
|
|
BIG
1429
DELISTED
Big Lots, Inc.
BIG
| $38.9M | 0.01% |
570,038
+27,316
| +5% | +$1.63M |
|
1430
Helios Technologies
HLIO
$2.57B
| $38.9M | 0.01% |
534,193
+50,865
| +11% | +$3.25M |
|
1431
Renasant Corp
RNST
$3.98B
| $38.8M | 0.01% |
937,478
+80,299
| +9% | +$3.19M |
|
1432
Green Dot
GDOT
$743M
| $38.7M | 0.01% |
846,243
+44,304
| +6% | +$2.31M |
|
1433
Clearway Energy Class C
CWEN
$4.94B
| $38.7M | 0.01% |
1,373,617
+126,465
| +10% | +$3.88M |
|
|
UCTT
1434
Ultra Clean Holdings
UCTT
$3.73B
| $38.6M | 0.01% |
665,053
+34,835
| +6% | +$1.6M |
|
1435
Adeia
ADEA
$2.94B
| $38.6M | 0.01% |
6,696,863
+491,373
| +8% | +$2.83M |
|
1436
Assured Guaranty
AGO
$3.66B
| $38.5M | 0.01% |
911,295
+43,328
| +5% | +$1.73M |
|
|
CXP
1437
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $38.5M | 0.01% |
2,251,910
+119,311
| +6% | +$1.76M |
|
1438
Myriad Genetics
MYGN
$270M
| $38.5M | 0.01% |
1,263,677
+119,711
| +10% | +$3.4M |
|
|
NEWR
1439
DELISTED
New Relic, Inc.
NEWR
| $38.5M | 0.01% |
625,512
+39,014
| +7% | +$2.59M |
|
|
VISN
1440
Vistance Networks Inc
VISN
$2.65B
| $38.4M | 0.01% |
2,499,779
+91,085
| +4% | +$1.36M |
|
|
EGOV
1441
DELISTED
NIC Inc
EGOV
| $38.4M | 0.01% |
1,131,281
+88,764
| +9% | +$2.8M |
|
|
INOV
1442
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $38.4M | 0.01% |
1,332,686
+117,374
| +10% | +$3.02M |
|
|
ODP
1443
DELISTED
ODP
ODP
| $38.3M | 0.01% |
885,092
+96,136
| +12% | +$4.02M |
|
|
CUB
1444
DELISTED
Cubic Corporation
CUB
| $38.1M | 0.01% |
510,560
+37,354
| +8% | +$2.55M |
|
1445
Kontoor Brands
KTB
$4.63B
| $37.9M | 0.01% |
781,745
+62,363
| +9% | +$2.79M |
|
1446
iShares MSCI India ETF
INDA
$6.89B
| – | – |
0
| – | – |
|
1447
Allogene Therapeutics
ALLO
$649M
| $37.9M | 0.01% |
1,072,831
+83,925
| +8% | +$2.83M |
|
1448
Acadia Pharmaceuticals
ACAD
$4.43B
| $37.8M | 0.01% |
1,466,510
+47,298
| +3% | +$2.08M |
|
|
B
1449
DELISTED
Barnes Group Inc.
B
| $37.8M | 0.01% |
763,636
+50,088
| +7% | +$2.63M |
|
1450
Champion Homes
SKY
$4.37B
| $37.7M | 0.01% |
833,670
+71,346
| +9% | +$2.87M |
|
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.