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 | |
|---|---|---|---|---|---|---|
1526
Northwest Bancshares
NWBI
$2.3B
| $33.4M | 0.01% |
2,309,559
+194,088
| +9% | +$2.73M |
|
1527
Otter Tail
OTTR
$3.71B
| $33.3M | 0.01% |
721,198
+60,242
| +9% | +$2.58M |
|
|
MODV
1528
DELISTED
ModivCare
MODV
| $33.3M | 0.01% |
224,669
+22,416
| +11% | +$3.48M |
|
1529
eHealth
EHTH
$42.2M
| $33.1M | 0.01% |
455,459
+41,290
| +10% | +$2.64M |
|
1530
Transocean
RIG
$5.89B
| $33.1M | 0.01% |
9,330,158
+853,977
| +10% | +$2.97M |
|
|
UFS
1531
DELISTED
DOMTAR CORPORATION (New)
UFS
| $33.1M | 0.01% |
894,633
+83,049
| +10% | +$2.86M |
|
|
SYKE
1532
DELISTED
SYKES Enterprises Inc
SYKE
| $33M | 0.01% |
748,953
+53,721
| +8% | +$2.27M |
|
|
MTOR
1533
DELISTED
MERITOR, Inc.
MTOR
| $33M | 0.01% |
1,122,056
+87,848
| +8% | +$2.61M |
|
|
HOUS
1534
DELISTED
Anywhere Real Estate
HOUS
| $33M | 0.01% |
2,180,766
+171,180
| +9% | +$2.72M |
|
|
SWTX
1535
DELISTED
SpringWorks Therapeutics
SWTX
| $33M | 0.01% |
448,134
+42,323
| +10% | +$3.31M |
|
1536
Pediatrix Medical
MD
$2.18B
| $32.9M | 0.01% |
1,293,525
+99,003
| +8% | +$2.54M |
|
1537
Tronox
TROX
$932M
| $32.9M | 0.01% |
1,798,624
+450,625
| +33% | +$7.87M |
|
1538
TTEC Holdings
TTEC
$121M
| $32.8M | 0.01% |
326,666
+26,500
| +9% | +$2.25M |
|
1539
Seacoast Banking Corp of Florida
SBCF
$3.36B
| $32.8M | 0.01% |
904,518
+46,470
| +5% | +$1.62M |
|
1540
Huazhu Hotels Group
HTHT
$13.1B
| $32.7M | 0.01% |
600,752
+37,059
| +7% | +$1.98M |
|
1541
InterDigital
IDCC
$7.87B
| $32.6M | 0.01% |
514,551
+17,471
| +4% | +$1.14M |
|
1542
Arbor Realty Trust
ABR
$964M
| $32.6M | 0.01% |
2,051,615
+368,894
| +22% | +$5.7M |
|
|
PRFT
1543
DELISTED
Perficient Inc
PRFT
| $32.5M | 0.01% |
553,234
+43,201
| +8% | +$2.45M |
|
|
BDN
1544
Brandywine Realty Trust
BDN
$524M
| $32.5M | 0.01% |
2,515,239
+6,980
| +0.3% | +$85.3K |
|
|
MNR
1545
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $32.3M | ﹤0.01% |
1,828,170
+56,713
| +3% | +$1M |
|
1546
Kite Realty
KRG
$5.81B
| $32.3M | ﹤0.01% |
1,674,434
+113,068
| +7% | +$2.04M |
|
1547
Opko Health
OPK
$985M
| $32.3M | ﹤0.01% |
7,526,708
+636,198
| +9% | +$3.04M |
|
1548
McGrath RentCorp
MGRC
$2.81B
| $32.2M | ﹤0.01% |
399,280
+14,534
| +4% | +$1.11M |
|
1549
United Natural Foods
UNFI
$3.08B
| $32.1M | ﹤0.01% |
975,670
+148,660
| +18% | +$4.14M |
|
|
LTC
1550
LTC Properties
LTC
$2.06B
| $32.1M | ﹤0.01% |
770,098
+53,370
| +7% | +$2.2M |
|
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.