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 | |
|---|---|---|---|---|---|---|
1551
B&G Foods
BGS
$287M
| $32M | ﹤0.01% |
1,031,539
+102,688
| +11% | +$3.23M |
|
|
OPLN
1552
Openlane
OPLN
$4.21B
| $32M | ﹤0.01% |
2,132,561
+150,366
| +8% | +$2.56M |
|
|
AGR
1553
DELISTED
Avangrid, Inc.
AGR
| $32M | ﹤0.01% |
641,728
+55,580
| +9% | +$2.61M |
|
1554
Chesapeake Utilities
CPK
$3.19B
| $31.9M | ﹤0.01% |
275,144
+10,935
| +4% | +$1.18M |
|
1555
La-Z-Boy
LZB
$1.58B
| $31.9M | ﹤0.01% |
750,647
+73,516
| +11% | +$3.08M |
|
1556
Hope Bancorp
HOPE
$1.79B
| $31.9M | ﹤0.01% |
2,116,118
+225,659
| +12% | +$3M |
|
1557
Belden
BDC
$4.85B
| $31.8M | ﹤0.01% |
716,916
+44,401
| +7% | +$2.02M |
|
|
HTLF
1558
DELISTED
Heartland Financial USA, Inc.
HTLF
| $31.8M | ﹤0.01% |
631,830
+96,461
| +18% | +$4.54M |
|
1559
Patrick Industries
PATK
$2.74B
| $31.7M | ﹤0.01% |
559,083
+47,385
| +9% | +$2.48M |
|
1560
JELD-WEN Holding
JELD
$122M
| $31.7M | ﹤0.01% |
1,143,416
+156,983
| +16% | +$4.36M |
|
1561
Piper Sandler
PIPR
$5.12B
| $31.7M | ﹤0.01% |
1,155,012
+116,544
| +11% | +$3.09M |
|
1562
M/I Homes
MHO
$3.74B
| $31.7M | ﹤0.01% |
535,924
+36,941
| +7% | +$1.92M |
|
|
TWO
1563
Two Harbors Investment
TWO
$1.27B
| $31.6M | ﹤0.01% |
1,077,948
+87,060
| +9% | +$2.39M |
|
1564
ArcBest
ARCB
$3.23B
| $31.6M | ﹤0.01% |
449,125
+37,484
| +9% | +$2.16M |
|
1565
Carpenter Technology
CRS
$25.8B
| $31.6M | ﹤0.01% |
767,417
+64,604
| +9% | +$2.45M |
|
|
DCPH
1566
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $31.6M | ﹤0.01% |
704,063
+51,224
| +8% | +$2.38M |
|
1567
Cimpress
CMPR
$2.39B
| $31.5M | ﹤0.01% |
314,814
+23,451
| +8% | +$2.31M |
|
1568
Cohu
COHU
$2.26B
| $31.5M | ﹤0.01% |
752,803
+102,018
| +16% | +$4.49M |
|
|
CSW
1569
CSW Industrials
CSW
$5.2B
| $31.5M | ﹤0.01% |
233,317
+17,530
| +8% | +$2.22M |
|
|
GLUU
1570
DELISTED
Glu Mobile Inc.
GLUU
| $31.5M | ﹤0.01% |
2,520,244
+174,960
| +7% | +$1.95M |
|
|
EPAY
1571
DELISTED
Bottomline Technologies Inc
EPAY
| $31.4M | ﹤0.01% |
694,863
+53,954
| +8% | +$2.6M |
|
1572
Global Net Lease
GNL
$1.84B
| $31.4M | ﹤0.01% |
1,740,558
+134,140
| +8% | +$2.38M |
|
|
AXNX
1573
DELISTED
Axonics, Inc. Common Stock
AXNX
| $31.4M | ﹤0.01% |
524,658
+49,562
| +10% | +$2.69M |
|
|
GBT
1574
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $31.4M | ﹤0.01% |
769,723
+17,993
| +2% | +$827K |
|
|
RVNC
1575
DELISTED
Revance Therapeutics, Inc.
RVNC
| $31.3M | ﹤0.01% |
1,120,508
+128,414
| +13% | +$3.55M |
|
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.