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 | |
|---|---|---|---|---|---|---|
1576
NETSCOUT
NTCT
$2.96B
| $36.1M | 0.01% |
1,266,332
+52,134
| +4% | +$1.48M |
|
|
ILPT
1577
Industrial Logistics Properties Trust
ILPT
$575M
| $36.1M | 0.01% |
1,380,168
+55,639
| +4% | +$1.4M |
|
1578
Global Net Lease
GNL
$1.84B
| $36M | 0.01% |
1,947,375
+206,817
| +12% | +$3.94M |
|
|
MDLA
1579
DELISTED
Medallia, Inc.
MDLA
| $36M | 0.01% |
1,067,390
+98,407
| +10% | +$2.83M |
|
|
HOME
1580
DELISTED
At Home Group Inc.
HOME
| $36M | 0.01% |
977,262
+104,615
| +12% | +$3.57M |
|
|
RAVN
1581
DELISTED
Raven Industries Inc
RAVN
| $35.9M | 0.01% |
621,230
+17,134
| +3% | +$746K |
|
1582
NewMarket
NEU
$7.82B
| $35.8M | ﹤0.01% |
111,177
+4,834
| +5% | +$1.69M |
|
1583
Verra Mobility
VRRM
$804M
| $35.8M | ﹤0.01% |
2,326,997
+102,194
| +5% | +$1.48M |
|
|
RVNC
1584
DELISTED
Revance Therapeutics, Inc.
RVNC
| $35.7M | ﹤0.01% |
1,203,811
+83,303
| +7% | +$2.4M |
|
|
DEA
1585
Easterly Government Properties
DEA
$1.13B
| $35.6M | ﹤0.01% |
675,164
+28,487
| +4% | +$1.51M |
|
1586
Chesapeake Utilities
CPK
$3.19B
| $35.5M | ﹤0.01% |
295,394
+20,250
| +7% | +$2.4M |
|
|
MNR
1587
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $35.5M | ﹤0.01% |
1,898,622
+70,452
| +4% | +$1.32M |
|
1588
Towne Bank
TOWN
$3.46B
| $35.5M | ﹤0.01% |
1,167,817
+67,547
| +6% | +$2.12M |
|
1589
Ironwood Pharmaceuticals
IRWD
$696M
| $35.5M | ﹤0.01% |
2,757,409
-18,934
| -0.7% | -$217K |
|
|
FBC
1590
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $35.5M | ﹤0.01% |
839,314
-30,561
| -4% | -$1.38M |
|
1591
Enpro
NPO
$6.63B
| $35.5M | ﹤0.01% |
365,009
+16,541
| +5% | +$1.51M |
|
1592
B&G Foods
BGS
$287M
| $35.4M | ﹤0.01% |
1,079,322
+47,783
| +5% | +$1.47M |
|
1593
Trustmark
TRMK
$2.76B
| $35.4M | ﹤0.01% |
1,149,402
+48,944
| +4% | +$1.62M |
|
1594
Madison Square Garden
MSGS
$9.48B
| $35.4M | ﹤0.01% |
205,094
-17,006
| -8% | -$3.07M |
|
1595
Coca-Cola Consolidated
COKE
$12.5B
| $35.4M | ﹤0.01% |
879,980
+10,400
| +1% | +$367K |
|
|
AAWW
1596
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $35.3M | ﹤0.01% |
517,999
+41,398
| +9% | +$2.9M |
|
1597
NMI Holdings
NMIH
$3.33B
| $35.3M | ﹤0.01% |
1,569,266
+87,126
| +6% | +$2.08M |
|
1598
Virtus Investment Partners
VRTS
$1.06B
| $35.2M | ﹤0.01% |
126,769
+2,799
| +2% | +$757K |
|
|
CORE
1599
DELISTED
Core Mark Holding Co., Inc.
CORE
| $35.1M | ﹤0.01% |
778,926
-10,522
| -1% | -$462K |
|
1600
TTEC Holdings
TTEC
$121M
| $35M | ﹤0.01% |
339,646
+12,980
| +4% | +$1.35M |
|
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.