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 | |
|---|---|---|---|---|---|---|
|
SPWR
1451
DELISTED
SunPower Corporation Common Stock
SPWR
| $42.3M | 0.01% |
1,448,519
+67,257
| +5% | +$1.74M |
|
1452
Axos Financial
AX
$5.77B
| $42.2M | 0.01% |
910,502
+17,251
| +2% | +$806K |
|
1453
Bentley Systems
BSY
$10.8B
| $42.2M | 0.01% |
654,744
+462,978
| +241% | +$25.5M |
|
1454
Thomson Reuters
TRI
$42.8B
| $42.2M | 0.01% |
403,522
+40,093
| +11% | +$4.02M |
|
1455
Forward Air
FWRD
$444M
| $42.2M | 0.01% |
469,983
+8,297
| +2% | +$765K |
|
1456
Liberty Latin America Class C
LILAK
$1.63B
| $42.1M | 0.01% |
3,285,471
+236,813
| +8% | +$3.04M |
|
1457
Green Dot
GDOT
$743M
| $42.1M | 0.01% |
898,826
+52,583
| +6% | +$2.34M |
|
|
AAT
1458
American Assets Trust
AAT
$1.45B
| $42M | 0.01% |
1,127,181
+30,535
| +3% | +$1.09M |
|
1459
Restaurant Brands International
QSR
$25.7B
| $42M | 0.01% |
655,281
+43,997
| +7% | +$2.96M |
|
1460
Assured Guaranty
AGO
$3.66B
| $42M | 0.01% |
884,444
-26,851
| -3% | -$1.26M |
|
1461
O-I Glass
OI
$1.1B
| $42M | 0.01% |
2,569,698
+86,672
| +3% | +$1.47M |
|
1462
Rush Enterprises Class A
RUSHA
$6.2B
| $41.9M | 0.01% |
1,454,598
+80,000
| +6% | +$2.56M |
|
1463
Vericel Corp
VCEL
$2.35B
| $41.9M | 0.01% |
797,808
+39,209
| +5% | +$2.23M |
|
1464
LendingTree
TREE
$447M
| $41.9M | 0.01% |
197,641
+52,918
| +37% | +$11.1M |
|
|
AXNX
1465
DELISTED
Axonics, Inc. Common Stock
AXNX
| $41.8M | 0.01% |
659,483
+134,825
| +26% | +$7.96M |
|
1466
Myriad Genetics
MYGN
$270M
| $41.7M | 0.01% |
1,363,765
+100,088
| +8% | +$2.89M |
|
1467
CarGurus
CARG
$3.27B
| $41.6M | 0.01% |
1,587,708
+108,224
| +7% | +$2.81M |
|
|
BRSL
1468
Brightstar Lottery PLC
BRSL
$1.84B
| $41.6M | 0.01% |
1,734,625
+959,499
| +124% | +$20.1M |
|
1469
Open Text
OTEX
$6.15B
| $41.6M | 0.01% |
817,781
+40,040
| +5% | +$1.94M |
|
|
SWTX
1470
DELISTED
SpringWorks Therapeutics
SWTX
| $41.5M | 0.01% |
503,569
+55,435
| +12% | +$4.21M |
|
1471
New Oriental
EDU
$9.37B
| $41.3M | 0.01% |
509,308
+46,689
| +10% | +$5.67M |
|
1472
Cheesecake Factory
CAKE
$5.04B
| $41.3M | 0.01% |
762,636
+43,847
| +6% | +$2.54M |
|
|
SI
1473
DELISTED
Silvergate Capital Corporation
SI
| $41.2M | 0.01% |
363,630
+45,113
| +14% | +$5.11M |
|
1474
Bank of Hawaii
BOH
$3.15B
| $41.1M | 0.01% |
488,242
-1,895
| -0.4% | -$170K |
|
1475
Arbor Realty Trust
ABR
$964M
| $41.1M | 0.01% |
2,307,452
+255,837
| +12% | +$4.5M |
|
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.