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 | |
|---|---|---|---|---|---|---|
1601
Cimpress
CMPR
$2.39B
| $34.9M | ﹤0.01% |
322,083
+7,269
| +2% | +$735K |
|
|
AVYA
1602
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $34.9M | ﹤0.01% |
1,295,715
+32,361
| +3% | +$910K |
|
|
CVA
1603
DELISTED
Covanta Holding Corporation
CVA
| $34.8M | ﹤0.01% |
1,978,208
+56,515
| +3% | +$860K |
|
|
PGRE
1604
DELISTED
Paramount Group
PGRE
| $34.8M | ﹤0.01% |
3,456,689
+953,589
| +38% | +$10.1M |
|
1605
Kaiser Aluminum
KALU
$2.61B
| $34.7M | ﹤0.01% |
280,982
+8,725
| +3% | +$1.09M |
|
1606
World Kinect Corp
WKC
$2.04B
| $34.7M | ﹤0.01% |
1,092,389
+40,591
| +4% | +$1.35M |
|
|
SJR
1607
DELISTED
Shaw Communications Inc.
SJR
| $34.6M | ﹤0.01% |
1,166,753
+111,406
| +11% | +$3.21M |
|
|
WLL
1608
DELISTED
Whiting Petroleum Corporation
WLL
| $34.6M | ﹤0.01% |
633,667
+308,505
| +95% | +$13.2M |
|
1609
Xencor
XNCR
$1.5B
| $34.5M | ﹤0.01% |
999,457
+46,980
| +5% | +$1.86M |
|
1610
United Natural Foods
UNFI
$3.08B
| $34.5M | ﹤0.01% |
932,003
-43,667
| -4% | -$1.59M |
|
1611
Workhorse Group
WKHS
$33.2M
| $34.5M | ﹤0.01% |
692
+121
| +21% | +$4.48M |
|
1612
McGrath RentCorp
MGRC
$2.81B
| $34.5M | ﹤0.01% |
422,351
+23,071
| +6% | +$1.9M |
|
1613
Leslie's
LESL
$8.9M
| $34.4M | ﹤0.01% |
62,648
+15,451
| +33% | +$8.47M |
|
1614
Bionano Genomics
BNGO
$12.3M
| $34.4M | ﹤0.01% |
7,819
+5,026
| +180% | +$19.8M |
|
|
PMT
1615
PennyMac Mortgage Investment
PMT
$822M
| $34.3M | ﹤0.01% |
1,627,499
+44,303
| +3% | +$885K |
|
1616
Lantheus
LNTH
$6.49B
| $34.2M | ﹤0.01% |
1,236,554
+61,480
| +5% | +$1.41M |
|
1617
TechTarget
TTGT
$325M
| $34.1M | ﹤0.01% |
440,168
+25,782
| +6% | +$1.85M |
|
1618
Chord Energy
CHRD
$7.9B
| $34.1M | ﹤0.01% |
338,667
+151,311
| +81% | +$12.5M |
|
1619
Agnico Eagle Mines
AEM
$73.6B
| $33.9M | ﹤0.01% |
563,026
+66,627
| +13% | +$4.45M |
|
|
MFA
1620
MFA Financial
MFA
$926M
| $33.9M | ﹤0.01% |
1,845,031
+18,606
| +1% | +$329K |
|
|
TWO
1621
Two Harbors Investment
TWO
$1.27B
| $33.8M | ﹤0.01% |
1,116,104
+38,156
| +4% | +$1.14M |
|
|
INFN
1622
DELISTED
Infinera Corporation Common Stock
INFN
| $33.7M | ﹤0.01% |
3,304,208
+236,514
| +8% | +$2.29M |
|
1623
Patterson-UTI
PTEN
$3.98B
| $33.6M | ﹤0.01% |
3,380,625
+277,805
| +9% | +$2.35M |
|
|
HTLF
1624
DELISTED
Heartland Financial USA, Inc.
HTLF
| $33.6M | ﹤0.01% |
714,908
+83,078
| +13% | +$4.14M |
|
1625
Inovio Pharmaceuticals
INO
$55.7M
| $33.6M | ﹤0.01% |
301,957
+25,218
| +9% | +$2.42M |
|
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.