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 | |
|---|---|---|---|---|---|---|
1501
Boot Barn
BOOT
$4.51B
| $39.9M | 0.01% |
474,443
+14,569
| +3% | +$1.07M |
|
1502
Corcept Therapeutics
CORT
$12.4B
| $39.8M | 0.01% |
1,809,310
+38,105
| +2% | +$848K |
|
|
UCTT
1503
Ultra Clean Holdings
UCTT
$3.73B
| $39.8M | 0.01% |
740,775
+75,722
| +11% | +$4.05M |
|
1504
First Financial Bancorp
FFBC
$3.55B
| $39.8M | 0.01% |
1,683,915
+54,625
| +3% | +$1.36M |
|
1505
Vicor
VICR
$9.56B
| $39.8M | 0.01% |
376,084
+28,533
| +8% | +$2.54M |
|
1506
Fluor
FLR
$7.01B
| $39.7M | 0.01% |
2,241,147
+78,030
| +4% | +$1.61M |
|
1507
PennyMac Financial
PFSI
$3.92B
| $39.6M | 0.01% |
640,824
-40,284
| -6% | -$2.45M |
|
1508
Renasant Corp
RNST
$3.98B
| $39.5M | 0.01% |
988,625
+51,147
| +5% | +$2.18M |
|
1509
Edgewell Personal Care
EPC
$1.25B
| $39.5M | 0.01% |
898,829
+36,990
| +4% | +$1.57M |
|
1510
Innospec
IOSP
$2.12B
| $39.4M | 0.01% |
435,239
+19,144
| +5% | +$1.9M |
|
1511
Piper Sandler
PIPR
$5.12B
| $39.4M | 0.01% |
1,216,048
+61,036
| +5% | +$1.87M |
|
|
BLUE
1512
DELISTED
bluebird bio
BLUE
| $39.3M | 0.01% |
94,790
+30,927
| +48% | +$12.3M |
|
1513
Grocery Outlet
GO
$909M
| $39.3M | 0.01% |
1,132,909
+74,514
| +7% | +$2.72M |
|
1514
Academy Sports + Outdoors
ASO
$2.94B
| $39.2M | 0.01% |
951,630
+421,363
| +79% | +$14.8M |
|
1515
Cinemark Holdings
CNK
$4.24B
| $39.2M | 0.01% |
1,787,316
-277,170
| -13% | -$6.15M |
|
|
MODV
1516
DELISTED
ModivCare
MODV
| $39.2M | 0.01% |
230,643
+5,974
| +3% | +$895K |
|
1517
AeroVironment
AVAV
$7.56B
| $39.1M | 0.01% |
390,668
+21,239
| +6% | +$2.34M |
|
1518
Independence Realty Trust
IRT
$3.92B
| $39M | 0.01% |
2,140,554
+107,296
| +5% | +$1.82M |
|
1519
InterDigital
IDCC
$7.87B
| $39M | 0.01% |
534,248
+19,697
| +4% | +$1.46M |
|
1520
WSFS Financial
WSFS
$4.12B
| $38.9M | 0.01% |
835,731
+25,004
| +3% | +$1.27M |
|
1521
AMC Global Media
AMCX
$492M
| $38.8M | 0.01% |
581,520
+42,475
| +8% | +$2.34M |
|
1522
Goosehead Insurance
GSHD
$2.2B
| $38.8M | 0.01% |
304,567
+31,026
| +11% | +$3.16M |
|
|
CXP
1523
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $38.7M | 0.01% |
2,228,253
-23,657
| -1% | -$426K |
|
1524
Skywest
SKYW
$4.24B
| $38.7M | 0.01% |
898,442
+50,377
| +6% | +$2.48M |
|
1525
Kite Realty
KRG
$5.81B
| $38.7M | 0.01% |
1,756,678
+82,244
| +5% | +$1.73M |
|
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.