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 | |
|---|---|---|---|---|---|---|
1551
Shoals Technologies Group
SHLS
$1.47B
| $37.1M | 0.01% |
1,044,792
+49,489
| +5% | +$1.49M |
|
1552
Otter Tail
OTTR
$3.71B
| $37.1M | 0.01% |
759,350
+38,152
| +5% | +$1.83M |
|
1553
Coeur Mining
CDE
$15.4B
| $37M | 0.01% |
4,167,489
+191,472
| +5% | +$1.85M |
|
|
BIG
1554
DELISTED
Big Lots, Inc.
BIG
| $37M | 0.01% |
560,142
-9,896
| -2% | -$659K |
|
|
OPLN
1555
Openlane
OPLN
$4.21B
| $36.9M | 0.01% |
2,099,979
-32,582
| -2% | -$552K |
|
|
EVRI
1556
DELISTED
Everi Holdings
EVRI
| $36.8M | 0.01% |
1,475,924
+126,710
| +9% | +$2.39M |
|
|
DNB
1557
DELISTED
Dun & Bradstreet
DNB
| $36.8M | 0.01% |
1,722,156
+193,203
| +13% | +$4.33M |
|
|
ARI
1558
Apollo Commercial Real Estate
ARI
$867M
| $36.8M | 0.01% |
2,306,221
+137,514
| +6% | +$2.12M |
|
1559
Surgery Partners
SGRY
$2.01B
| $36.8M | 0.01% |
552,075
+73,055
| +15% | +$3.97M |
|
1560
Antero Midstream
AM
$10.4B
| $36.8M | 0.01% |
3,538,240
+186,030
| +6% | +$1.78M |
|
1561
Winnebago Industries
WGO
$856M
| $36.8M | 0.01% |
540,936
+25,915
| +5% | +$1.91M |
|
1562
Cavco Industries
CVCO
$4.22B
| $36.7M | 0.01% |
165,311
+4,358
| +3% | +$950K |
|
1563
Westlake Corp
WLK
$9.03B
| $36.7M | 0.01% |
407,580
+543
| +0.1% | +$52.7K |
|
1564
Monro
MNRO
$383M
| $36.7M | 0.01% |
577,277
+27,685
| +5% | +$1.83M |
|
1565
Affirm
AFRM
$23.9B
| $36.7M | 0.01% |
544,204
+179,766
| +49% | +$11.5M |
|
1566
BOK Financial
BOKF
$8.58B
| $36.6M | 0.01% |
423,014
+2,887
| +0.7% | +$258K |
|
1567
Acadia Realty Trust
AKR
$3.09B
| $36.6M | 0.01% |
1,667,327
+48,670
| +3% | +$1.03M |
|
1568
iShares MSCI India ETF
INDA
$6.89B
| – | – |
0
| – | – |
|
1569
Huazhu Hotels Group
HTHT
$13.1B
| $36.5M | 0.01% |
697,534
+96,782
| +16% | +$5.46M |
|
|
SASR
1570
DELISTED
Sandy Spring Bancorp Inc
SASR
| $36.5M | 0.01% |
827,429
+32,075
| +4% | +$1.45M |
|
1571
JELD-WEN Holding
JELD
$122M
| $36.5M | 0.01% |
1,388,386
+244,970
| +21% | +$6.93M |
|
1572
Ligand Pharmaceuticals
LGND
$5.76B
| $36.4M | 0.01% |
444,929
+23,539
| +6% | +$1.96M |
|
1573
Tanger
SKT
$4.67B
| $36.4M | 0.01% |
1,929,713
+152,587
| +9% | +$2.68M |
|
|
TWNK
1574
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $36.2M | 0.01% |
2,235,916
+155,791
| +7% | +$2.43M |
|
1575
Qiagen
QGEN
$8.54B
| $36.1M | 0.01% |
704,667
-51,117
| -7% | -$2.64M |
|
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.