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 | |
|---|---|---|---|---|---|---|
1726
SiTime
SITM
$16.3B
| $28.5M | ﹤0.01% |
225,065
+19,538
| +10% | +$2M |
|
|
LMNX
1727
DELISTED
Luminex Corp
LMNX
| $28.4M | ﹤0.01% |
773,075
+6,771
| +0.9% | +$246K |
|
|
TPIC
1728
DELISTED
TPI Composites
TPIC
| $28.4M | ﹤0.01% |
586,705
+57,669
| +11% | +$2.83M |
|
1729
Provident Financial Services
PFS
$3.26B
| $28.4M | ﹤0.01% |
1,239,679
+88,020
| +8% | +$2.12M |
|
1730
Lakeland Financial Corp
LKFN
$1.59B
| $28.3M | ﹤0.01% |
459,474
+7,866
| +2% | +$504K |
|
|
SILK
1731
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $28.2M | ﹤0.01% |
590,059
+69,545
| +13% | +$3.54M |
|
1732
Malibu Boats
MBUU
$555M
| $28.2M | ﹤0.01% |
384,820
+3,359
| +0.9% | +$267K |
|
1733
Greif
GEF
$4.93B
| $28.2M | ﹤0.01% |
465,833
+56,429
| +14% | +$3.45M |
|
|
MDP
1734
DELISTED
Meredith Corporation
MDP
| $28.1M | ﹤0.01% |
647,908
-5,248
| -0.8% | -$186K |
|
1735
Kforce
KFRC
$1.05B
| $28.1M | ﹤0.01% |
447,070
+24,064
| +6% | +$1.42M |
|
1736
MacroGenics
MGNX
$240M
| $28.1M | ﹤0.01% |
1,046,751
+99,700
| +11% | +$2.92M |
|
1737
CorVel
CRVL
$3.14B
| $28.1M | ﹤0.01% |
627,249
+7,209
| +1% | +$285K |
|
1738
St. Joe Company
JOE
$3.61B
| $28.1M | ﹤0.01% |
629,225
+11,221
| +2% | +$506K |
|
1739
Applovin
APP
$135B
| $28.1M | ﹤0.01% |
+373,369
| New | +$25.8M |
|
1740
Capitol Federal Financial
CFFN
$1.12B
| $28M | ﹤0.01% |
2,375,192
+138,655
| +6% | +$1.78M |
|
|
ARGO
1741
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $27.9M | ﹤0.01% |
539,157
+4,413
| +0.8% | +$238K |
|
1742
Outset Medical
OM
$87.5M
| $27.9M | ﹤0.01% |
37,259
+21,937
| +143% | +$16.8M |
|
1743
Primoris Services
PRIM
$4.67B
| $27.9M | ﹤0.01% |
949,085
+83,824
| +10% | +$2.7M |
|
1744
Supernus Pharmaceuticals
SUPN
$2.73B
| $27.9M | ﹤0.01% |
905,691
+36,067
| +4% | +$1.11M |
|
1745
Penske Automotive Group
PAG
$14.4B
| $27.9M | ﹤0.01% |
369,359
-6,492
| -2% | -$543K |
|
1746
Infosys
INFY
$50.3B
| $27.8M | ﹤0.01% |
1,318,898
-42,361
| -3% | -$809K |
|
|
CYBR
1747
DELISTED
CyberArk
CYBR
| $27.8M | ﹤0.01% |
214,235
+18,901
| +10% | +$2.52M |
|
|
CSW
1748
CSW Industrials
CSW
$5.5B
| $27.8M | ﹤0.01% |
234,570
+1,253
| +0.5% | +$160K |
|
1749
Sinclair Inc
SBGI
$1.02B
| $27.8M | ﹤0.01% |
836,383
+58,612
| +8% | +$1.9M |
|
|
CSGS
1750
DELISTED
CSG Systems International
CSGS
| $27.7M | ﹤0.01% |
587,891
+25,293
| +4% | +$1.15M |
|
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.