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 | |
|---|---|---|---|---|---|---|
|
SVC
1426
Service Properties Trust
SVC
$1.04B
| $43.3M | 0.01% |
687,795
+12,699
| +2% | +$788K |
|
1427
GrowGeneration
GRWG
$86.5M
| $43.3M | 0.01% |
900,686
+157,805
| +21% | +$6.91M |
|
|
ROIC
1428
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $43.3M | 0.01% |
2,451,341
+92,612
| +4% | +$1.63M |
|
1429
Protolabs
PRLB
$1.79B
| $43.3M | 0.01% |
471,475
+19,495
| +4% | +$1.92M |
|
1430
Independent Bank
INDB
$3.99B
| $43.2M | 0.01% |
572,769
+22,108
| +4% | +$1.78M |
|
|
CADE
1431
DELISTED
Cadence Bancorporation
CADE
| $43.2M | 0.01% |
2,069,954
-32,900
| -2% | -$721K |
|
|
NEWR
1432
DELISTED
New Relic, Inc.
NEWR
| $43.2M | 0.01% |
645,272
+19,760
| +3% | +$1.27M |
|
1433
Tronox
TROX
$932M
| $43.2M | 0.01% |
1,928,626
+130,002
| +7% | +$2.85M |
|
1434
Four Corners Property Trust
FCPT
$2.81B
| $43.1M | 0.01% |
1,559,362
+113,083
| +8% | +$3.2M |
|
1435
Healthcare Services Group
HCSG
$1.6B
| $43M | 0.01% |
1,360,607
+64,749
| +5% | +$1.97M |
|
1436
Newmark Group
NMRK
$2.66B
| $42.9M | 0.01% |
3,568,354
+100,975
| +3% | +$1.21M |
|
1437
Pembina Pipeline
PBA
$28.4B
| $42.8M | 0.01% |
1,343,058
+135,834
| +11% | +$4.26M |
|
1438
Shenandoah Telecom
SHEN
$664M
| $42.8M | 0.01% |
882,383
+34,822
| +4% | +$1.72M |
|
|
MANT
1439
DELISTED
Mantech International Corp
MANT
| $42.7M | 0.01% |
493,939
+21,711
| +5% | +$1.88M |
|
1440
WesBanco
WSBC
$3.97B
| $42.7M | 0.01% |
1,199,150
+31,896
| +3% | +$1.2M |
|
|
SRNE
1441
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $42.7M | 0.01% |
4,405,946
+351,633
| +9% | +$2.8M |
|
1442
BP
BP
$116B
| $42.6M | 0.01% |
1,614,198
-23,244
| -1% | -$610K |
|
1443
White Mountains Insurance
WTM
$5.2B
| $42.6M | 0.01% |
37,126
+871
| +2% | +$1.02M |
|
|
ODP
1444
DELISTED
ODP
ODP
| $42.6M | 0.01% |
886,490
+1,398
| +0.2% | +$61.7K |
|
|
FOCS
1445
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $42.5M | 0.01% |
877,101
+213,586
| +32% | +$10.3M |
|
1446
Worthington Enterprises
WOR
$2.75B
| $42.5M | 0.01% |
1,127,566
+33,021
| +3% | +$1.34M |
|
1447
Bloomin' Brands
BLMN
$741M
| $42.5M | 0.01% |
1,565,249
+38,646
| +3% | +$1.09M |
|
1448
United Parks & Resorts
PRKS
$2.1B
| $42.4M | 0.01% |
849,745
+33,307
| +4% | +$1.77M |
|
1449
Shutterstock
SSTK
$198M
| $42.4M | 0.01% |
432,006
+22,158
| +5% | +$2.03M |
|
1450
WaFd
WAFD
$2.72B
| $42.3M | 0.01% |
1,332,472
-8,025
| -0.6% | -$262K |
|
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.