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 | |
|---|---|---|---|---|---|---|
|
CMRC
1626
Commerce.com Inc Series 1
CMRC
$258M
| $33.5M | ﹤0.01% |
516,681
+222,563
| +76% | +$12.6M |
|
1627
Empire State Realty Trust
ESRT
$872M
| $33.5M | ﹤0.01% |
2,794,871
+669,405
| +31% | +$7.87M |
|
1628
BGC Group
BGC
$5.45B
| $33.5M | ﹤0.01% |
5,905,816
+503,992
| +9% | +$2.88M |
|
1629
Methode Electronics
MEI
$496M
| $33.5M | ﹤0.01% |
680,147
+39,042
| +6% | +$1.82M |
|
1630
TechnipFMC
FTI
$28.1B
| $33.4M | ﹤0.01% |
3,691,716
-316,388
| -8% | -$2.67M |
|
1631
Gray Television
GTN
$415M
| $33.4M | ﹤0.01% |
1,427,212
+32,910
| +2% | +$714K |
|
1632
Kadant
KAI
$3.63B
| $33.4M | ﹤0.01% |
189,643
+5,186
| +3% | +$913K |
|
1633
Live Oak Bancshares
LOB
$1.98B
| $33.4M | ﹤0.01% |
565,870
+40,442
| +8% | +$2.54M |
|
|
AVID
1634
DELISTED
Avid Technology Inc
AVID
| $33.4M | ﹤0.01% |
852,043
-40,379
| -5% | -$1.16M |
|
1635
Compass Minerals
CMP
$1.23B
| $33.3M | ﹤0.01% |
562,427
+20,010
| +4% | +$1.33M |
|
|
TBIO
1636
DELISTED
Translate Bio, Inc. Common Stock
TBIO
| $33.3M | ﹤0.01% |
1,209,853
+48,484
| +4% | +$953K |
|
1637
iRhythm Holdings
IRTC
$3.85B
| $33.3M | ﹤0.01% |
501,539
+21,704
| +5% | +$1.72M |
|
|
CWEN.A
1638
DELISTED
Clearway Energy Class A
CWEN.A
| $33.3M | ﹤0.01% |
1,319,131
+723,526
| +121% | +$18.6M |
|
1639
Deluxe
DLX
$1.18B
| $33.2M | ﹤0.01% |
695,100
+23,860
| +4% | +$1.07M |
|
1640
Seacoast Banking Corp of Florida
SBCF
$3.36B
| $33M | ﹤0.01% |
967,621
+63,103
| +7% | +$2.3M |
|
1641
Tencent Music
TME
$15.5B
| $33M | ﹤0.01% |
2,149,225
+1,019,811
| +90% | +$16.9M |
|
1642
Strategic Education
STRA
$1.85B
| $32.9M | ﹤0.01% |
432,915
+22,423
| +5% | +$1.79M |
|
|
CSII
1643
DELISTED
Cardiovascular Systems, Inc.
CSII
| $32.9M | ﹤0.01% |
771,860
+14,581
| +2% | +$570K |
|
1644
Rocket Pharmaceuticals
RCKT
$340M
| $32.9M | ﹤0.01% |
741,887
+55,498
| +8% | +$2.41M |
|
|
VGR
1645
DELISTED
Vector Group Ltd.
VGR
| $32.8M | ﹤0.01% |
3,270,609
+138,874
| +4% | +$1.38M |
|
|
WIRE
1646
DELISTED
Encore Wire Corp
WIRE
| $32.8M | ﹤0.01% |
432,710
+10,062
| +2% | +$775K |
|
1647
Northwest Bancshares
NWBI
$2.3B
| $32.8M | ﹤0.01% |
2,403,409
+93,850
| +4% | +$1.32M |
|
1648
Cactus
WHD
$5.21B
| $32.8M | ﹤0.01% |
892,559
+85,139
| +11% | +$2.95M |
|
1649
M/I Homes
MHO
$3.74B
| $32.8M | ﹤0.01% |
558,309
+22,385
| +4% | +$1.45M |
|
1650
Warner Music
WMG
$13.5B
| $32.7M | ﹤0.01% |
908,107
+89,826
| +11% | +$3.22M |
|
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.