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 | |
|---|---|---|---|---|---|---|
1651
Vroom Inc
VRM
$39M
| $28.6M | ﹤0.01% |
9,154
+3,689
| +68% | +$11.9M |
|
1652
Graham Holdings Company
GHC
$5.1B
| $28.5M | ﹤0.01% |
50,673
+1,601
| +3% | +$928K |
|
|
IMGN
1653
DELISTED
Immunogen Inc
IMGN
| $28.5M | ﹤0.01% |
3,516,791
+470,188
| +15% | +$3.84M |
|
1654
Century Communities
CCS
$1.91B
| $28.4M | ﹤0.01% |
471,616
+44,854
| +11% | +$2.44M |
|
1655
Maravai LifeSciences
MRVI
$969M
| $28.4M | ﹤0.01% |
797,208
+732,770
| +1,137% | +$24.3M |
|
|
MIK
1656
DELISTED
Michaels Stores, Inc
MIK
| $28.4M | ﹤0.01% |
1,295,000
+84,152
| +7% | +$1.49M |
|
|
WIRE
1657
DELISTED
Encore Wire Corp
WIRE
| $28.4M | ﹤0.01% |
422,648
+31,896
| +8% | +$2.06M |
|
1658
PRA Group
PRAA
$663M
| $28.3M | ﹤0.01% |
764,529
+58,536
| +8% | +$2.13M |
|
|
ADAM
1659
Adamas Trust
ADAM
$815M
| $28.3M | ﹤0.01% |
1,584,992
+62,746
| +4% | +$1.03M |
|
1660
Deluxe
DLX
$1.18B
| $28.2M | ﹤0.01% |
671,240
+7,451
| +1% | +$281K |
|
|
OCDX
1661
DELISTED
Ortho Clinical Diagnostics Holdings plc Ordinary Shares
OCDX
| $28.1M | ﹤0.01% |
+1,458,550
| New | +$25.7M |
|
1662
Warner Music
WMG
$13.5B
| $28.1M | ﹤0.01% |
818,281
+64,725
| +9% | +$2.32M |
|
|
AMWD
1663
DELISTED
American Woodmark
AMWD
| $28.1M | ﹤0.01% |
284,880
+26,589
| +10% | +$2.56M |
|
|
SJR
1664
DELISTED
Shaw Communications Inc.
SJR
| $28.1M | ﹤0.01% |
1,055,347
+62,834
| +6% | +$1.24M |
|
1665
Sprout Social
SPT
$516M
| $28M | ﹤0.01% |
484,801
+41,400
| +9% | +$2.59M |
|
1666
Repay Holdings
RPAY
$331M
| $28M | ﹤0.01% |
1,191,917
+161,309
| +16% | +$3.92M |
|
1667
Eagle Bancorp
EGBN
$846M
| $28M | ﹤0.01% |
525,950
+36,179
| +7% | +$1.76M |
|
1668
HNI Corp
HNI
$3.24B
| $27.9M | ﹤0.01% |
705,403
+71,889
| +11% | +$2.64M |
|
1669
AAR Corp
AIR
$5.59B
| $27.7M | ﹤0.01% |
664,978
+65,992
| +11% | +$2.61M |
|
1670
Domo
DOMO
$174M
| $27.6M | ﹤0.01% |
490,945
+39,548
| +9% | +$2.57M |
|
|
DCT
1671
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $27.6M | ﹤0.01% |
611,795
+270,890
| +79% | +$13.1M |
|
|
FOCS
1672
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $27.6M | ﹤0.01% |
663,515
+141,366
| +27% | +$6.84M |
|
1673
PJT Partners
PJT
$4.3B
| $27.5M | ﹤0.01% |
406,970
+34,157
| +9% | +$2.47M |
|
|
GWB
1674
DELISTED
Great Western Bancorp, Inc.
GWB
| $27.5M | ﹤0.01% |
907,433
+67,034
| +8% | +$1.82M |
|
1675
Phreesia
PHR
$663M
| $27.4M | ﹤0.01% |
525,726
+55,965
| +12% | +$3.53M |
|
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.