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 | |
|---|---|---|---|---|---|---|
|
FLNA
1726
Filana Therapeutics
FLNA
$48.3M
| $25.2M | ﹤0.01% |
561,677
+103,857
| +23% | +$4.08M |
|
|
FPRX
1727
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $25.2M | ﹤0.01% |
669,035
+39,343
| +6% | +$981K |
|
|
CYBR
1728
DELISTED
CyberArk
CYBR
| $25.2M | ﹤0.01% |
195,334
+9,251
| +5% | +$1.4M |
|
|
OPI
1729
DELISTED
Office Properties Income Trust
OPI
| $25.1M | ﹤0.01% |
913,504
+68,323
| +8% | +$1.77M |
|
1730
Coca-Cola Consolidated
COKE
$12.3B
| $25.1M | ﹤0.01% |
869,580
+75,680
| +10% | +$2.08M |
|
1731
Lantheus
LNTH
$6.64B
| $25.1M | ﹤0.01% |
1,175,074
+110,116
| +10% | +$2M |
|
|
HOME
1732
DELISTED
At Home Group Inc.
HOME
| $25M | ﹤0.01% |
872,647
+91,603
| +12% | +$2.3M |
|
|
BLUE
1733
DELISTED
bluebird bio
BLUE
| $24.9M | ﹤0.01% |
63,863
+994
| +2% | +$489K |
|
1734
Middlesex Water
MSEX
$1.1B
| $24.9M | ﹤0.01% |
315,638
+26,520
| +9% | +$2.01M |
|
1735
Enerpac Tool Group
EPAC
$1.86B
| $24.9M | ﹤0.01% |
954,685
+93,943
| +11% | +$2.23M |
|
|
WDR
1736
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $24.9M | ﹤0.01% |
993,901
-10,308
| -1% | -$259K |
|
1737
Liberty Broadband Class A
LBRDA
$4.93B
| $24.9M | ﹤0.01% |
172,017
+2,714
| +2% | +$403K |
|
1738
Evolent Health
EVH
$363M
| $24.8M | ﹤0.01% |
1,228,213
+104,735
| +9% | +$1.99M |
|
|
SGMO
1739
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $24.8M | ﹤0.01% |
1,979,960
+165,123
| +9% | +$2.23M |
|
1740
Magnolia Oil & Gas
MGY
$5.96B
| $24.8M | ﹤0.01% |
2,160,352
+284,591
| +15% | +$2.96M |
|
1741
Alamo Group
ALG
$1.99B
| $24.8M | ﹤0.01% |
158,659
+15,634
| +11% | +$2.38M |
|
1742
Cactus
WHD
$5.1B
| $24.7M | ﹤0.01% |
807,420
+109,315
| +16% | +$3.31M |
|
1743
Ubiquiti
UI
$33.9B
| $24.7M | ﹤0.01% |
82,847
+3,579
| +5% | +$1.13M |
|
|
JOYY
1744
JOYY Inc
JOYY
$3.65B
| $24.5M | ﹤0.01% |
263,408
+22,075
| +9% | +$2.39M |
|
|
LMNX
1745
DELISTED
Luminex Corp
LMNX
| $24.4M | ﹤0.01% |
766,304
+73,900
| +11% | +$2.19M |
|
1746
OceanFirst Financial
OCFC
$1.68B
| $24.3M | ﹤0.01% |
1,013,868
+83,808
| +9% | +$1.8M |
|
1747
Reynolds Consumer Products
REYN
$5.33B
| $24.2M | ﹤0.01% |
814,049
+30,484
| +4% | +$901K |
|
|
HSKA
1748
DELISTED
Heska Corp
HSKA
| $24.2M | ﹤0.01% |
143,569
+20,062
| +16% | +$3.56M |
|
1749
Tennant Co
TNC
$1.47B
| $24.1M | ﹤0.01% |
302,199
+31,090
| +11% | +$2.36M |
|
|
PRA
1750
DELISTED
ProAssurance
PRA
| $24.1M | ﹤0.01% |
900,686
+80,225
| +10% | +$1.86M |
|
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.