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 | |
|---|---|---|---|---|---|---|
|
GNMK
1676
DELISTED
GenMark Diagnostics, Inc
GNMK
| $27.4M | ﹤0.01% |
1,144,775
+31,121
| +3% | +$578K |
|
1677
CBIZ
CBZ
$2.99B
| $27.3M | ﹤0.01% |
837,275
+14,555
| +2% | +$429K |
|
1678
Mativ Holdings
MATV
$481M
| $27.3M | ﹤0.01% |
556,935
+59,638
| +12% | +$2.63M |
|
|
VBTX
1679
DELISTED
Veritex Holdings
VBTX
| $27.2M | ﹤0.01% |
831,922
+66,692
| +9% | +$1.97M |
|
1680
AstraZeneca
AZN
$263B
| $27.2M | ﹤0.01% |
273,555
-6,070
| -2% | -$610K |
|
1681
OSI Systems
OSIS
$3.65B
| $27.2M | ﹤0.01% |
282,791
+15,455
| +6% | +$1.47M |
|
1682
Northwest Natural Holdings
NWN
$2.06B
| $27.1M | ﹤0.01% |
502,485
+49,254
| +11% | +$2.36M |
|
|
MDLA
1683
DELISTED
Medallia, Inc.
MDLA
| $27M | ﹤0.01% |
968,983
+73,776
| +8% | +$2.74M |
|
1684
Celsius Holdings
CELH
$7.47B
| $27M | ﹤0.01% |
1,687,128
+178,833
| +12% | +$3.36M |
|
1685
Genworth Financial
GNW
$3.76B
| $27M | ﹤0.01% |
8,127,719
+746,951
| +10% | +$2.46M |
|
1686
Nelnet
NNI
$4.88B
| $27M | ﹤0.01% |
370,573
+27,562
| +8% | +$2M |
|
1687
Cytokinetics
CYTK
$10.5B
| $26.9M | ﹤0.01% |
1,158,128
+102,567
| +10% | +$2.19M |
|
1688
Methode Electronics
MEI
$496M
| $26.9M | ﹤0.01% |
641,105
+58,005
| +10% | +$2.38M |
|
|
ARGO
1689
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $26.9M | ﹤0.01% |
534,744
+50,292
| +10% | +$2.35M |
|
1690
Tanger
SKT
$4.67B
| $26.9M | ﹤0.01% |
1,777,126
+89,816
| +5% | +$1.32M |
|
|
PRO
1691
DELISTED
PROS Holdings
PRO
| $26.8M | ﹤0.01% |
631,707
+54,036
| +9% | +$2.46M |
|
1692
Option Care Health
OPCH
$3.45B
| $26.8M | ﹤0.01% |
1,509,232
+609,345
| +68% | +$11.4M |
|
|
CVA
1693
DELISTED
Covanta Holding Corporation
CVA
| $26.6M | ﹤0.01% |
1,921,693
+177,792
| +10% | +$2.54M |
|
|
HTO
1694
H2O America
HTO
$2.57B
| $26.6M | ﹤0.01% |
421,755
+34,665
| +9% | +$2.26M |
|
1695
Lemonade
LMND
$3.74B
| $26.5M | ﹤0.01% |
284,967
+148,554
| +109% | +$19.2M |
|
1696
Axsome Therapeutics
AXSM
$11.2B
| $26.5M | ﹤0.01% |
468,587
+41,286
| +10% | +$2.9M |
|
1697
St. Joe Company
JOE
$3.54B
| $26.5M | ﹤0.01% |
618,004
+43,228
| +8% | +$2.07M |
|
|
SILK
1698
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $26.4M | ﹤0.01% |
520,514
+43,624
| +9% | +$2.42M |
|
1699
ICF International
ICFI
$1.46B
| $26.4M | ﹤0.01% |
301,616
+26,677
| +10% | +$2.23M |
|
1700
Health Catalyst
HCAT
$154M
| $26.3M | ﹤0.01% |
562,314
+32,879
| +6% | +$1.59M |
|
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.