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 | |
|---|---|---|---|---|---|---|
1676
Bumble
BMBL
$372M
| $31.1M | ﹤0.01% |
539,706
+66,809
| +14% | +$3.53M |
|
|
HAPN
1677
Happen Inc
HAPN
$2.21B
| $31.1M | ﹤0.01% |
1,712,809
+401,004
| +31% | +$6.23M |
|
1678
Fulgent Genetics
FLGT
$470M
| $31M | ﹤0.01% |
335,879
+67,971
| +25% | +$5.43M |
|
|
ACCD
1679
DELISTED
Accolade Inc
ACCD
| $31M | ﹤0.01% |
570,305
+155,620
| +38% | +$7.56M |
|
1680
PJT Partners
PJT
$4.3B
| $30.9M | ﹤0.01% |
432,729
+25,759
| +6% | +$1.84M |
|
1681
Eagle Bancorp
EGBN
$846M
| $30.8M | ﹤0.01% |
550,072
+24,122
| +5% | +$1.34M |
|
|
ZUO
1682
DELISTED
Zuora, Inc.
ZUO
| $30.8M | ﹤0.01% |
1,786,656
+159,677
| +10% | +$2.55M |
|
|
GWB
1683
DELISTED
Great Western Bancorp, Inc.
GWB
| $30.6M | ﹤0.01% |
933,170
+25,737
| +3% | +$851K |
|
1684
Lemonade
LMND
$3.74B
| $30.4M | ﹤0.01% |
278,206
-6,761
| -2% | -$614K |
|
1685
PRA Group
PRAA
$663M
| $30.4M | ﹤0.01% |
790,814
+26,285
| +3% | +$1.01M |
|
1686
Quanterix
QTRX
$164M
| $30.4M | ﹤0.01% |
517,711
+70,607
| +16% | +$4.1M |
|
1687
Cohu
COHU
$2.26B
| $30.4M | ﹤0.01% |
825,032
+72,229
| +10% | +$2.87M |
|
1688
Palomar
PLMR
$3.55B
| $30.3M | ﹤0.01% |
401,836
+44,476
| +12% | +$3.21M |
|
1689
Liberty Broadband Class A
LBRDA
$4.89B
| $30.2M | ﹤0.01% |
180,068
+8,051
| +5% | +$1.26M |
|
1690
Rocket Companies
RKT
$36.5B
| $30.2M | ﹤0.01% |
1,558,520
+527,957
| +51% | +$10.7M |
|
|
VBTX
1691
DELISTED
Veritex Holdings
VBTX
| $30.1M | ﹤0.01% |
848,828
+16,906
| +2% | +$591K |
|
|
ADAM
1692
Adamas Trust
ADAM
$815M
| $30M | ﹤0.01% |
1,680,096
+95,104
| +6% | +$1.73M |
|
|
SAFE
1693
Safehold
SAFE
$1.16B
| $30M | ﹤0.01% |
297,600
+2,883
| +1% | +$256K |
|
|
LTC
1694
LTC Properties
LTC
$2.06B
| $30M | ﹤0.01% |
782,046
+11,948
| +2% | +$486K |
|
1695
Revolution Medicines
RVMD
$39.9B
| $30M | ﹤0.01% |
944,058
+165,458
| +21% | +$5.77M |
|
1696
Virtu Financial
VIRT
$5.11B
| $29.9M | ﹤0.01% |
1,083,350
+95,425
| +10% | +$2.84M |
|
|
PRO
1697
DELISTED
PROS Holdings
PRO
| $29.8M | ﹤0.01% |
653,732
+22,025
| +3% | +$974K |
|
1698
Knowles
KN
$3.13B
| $29.8M | ﹤0.01% |
1,507,391
+74,756
| +5% | +$1.52M |
|
1699
OSI Systems
OSIS
$3.65B
| $29.7M | ﹤0.01% |
292,640
+9,849
| +3% | +$959K |
|
|
SC
1700
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $29.6M | ﹤0.01% |
814,065
-31,523
| -4% | -$1.09M |
|
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.