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 | |
|---|---|---|---|---|---|---|
1776
Dine Brands
DIN
$459M
| $23.3M | ﹤0.01% |
259,343
+18,674
| +8% | +$1.45M |
|
1777
Greif
GEF
$4.93B
| $23.3M | ﹤0.01% |
409,404
+15,485
| +4% | +$797K |
|
1778
Autohome
ATHM
$2.67B
| $23.3M | ﹤0.01% |
251,595
+69,900
| +38% | +$7.76M |
|
1779
Laureate Education
LAUR
$5.09B
| $23.3M | ﹤0.01% |
1,714,881
+17,965
| +1% | +$253K |
|
1780
First Commonwealth Financial
FCF
$2.19B
| $23.2M | ﹤0.01% |
1,611,639
+22,304
| +1% | +$297K |
|
|
RAVN
1781
DELISTED
Raven Industries Inc
RAVN
| $23.2M | ﹤0.01% |
604,096
+7,685
| +1% | +$287K |
|
1782
BCE
BCE
$20.3B
| $23.1M | ﹤0.01% |
496,991
+55,780
| +13% | +$2.46M |
|
1783
Leslie's
LESL
$9.83M
| $23.1M | ﹤0.01% |
47,197
+16,472
| +54% | +$8.41M |
|
1784
Purple Innovation
PRPL
$39.3M
| $23M | ﹤0.01% |
29,117
+15,833
| +119% | +$13.8M |
|
1785
Enterprise Financial Services Corp
EFSC
$2.42B
| $23M | ﹤0.01% |
464,807
+54,397
| +13% | +$2.29M |
|
1786
AMERISAFE
AMSF
$561M
| $22.9M | ﹤0.01% |
358,527
+32,622
| +10% | +$1.96M |
|
1787
First Bancorp
FBNC
$2.62B
| $22.9M | ﹤0.01% |
527,350
+26,448
| +5% | +$1.05M |
|
1788
Tencent Music
TME
$15.7B
| $22.9M | ﹤0.01% |
1,129,414
+126,628
| +13% | +$3.21M |
|
1789
Melco Resorts & Entertainment
MLCO
$2.16B
| $22.9M | ﹤0.01% |
1,175,723
+54,304
| +5% | +$1.03M |
|
|
SC
1790
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $22.9M | ﹤0.01% |
845,588
+40,141
| +5% | +$1.01M |
|
1791
Kosmos Energy
KOS
$1.54B
| $22.9M | ﹤0.01% |
7,450,663
+653,577
| +10% | +$1.91M |
|
|
KAMN
1792
DELISTED
Kaman Corp
KAMN
| $22.9M | ﹤0.01% |
445,873
+44,746
| +11% | +$2.43M |
|
1793
Pitney Bowes
PBI
$2.48B
| $22.8M | ﹤0.01% |
2,766,773
+246,123
| +10% | +$2.11M |
|
1794
Supernus Pharmaceuticals
SUPN
$2.83B
| $22.8M | ﹤0.01% |
869,624
+74,193
| +9% | +$2.07M |
|
1795
Sinclair Inc
SBGI
$1.01B
| $22.8M | ﹤0.01% |
777,771
+76,735
| +11% | +$2.55M |
|
|
POLY
1796
DELISTED
Plantronics, Inc.
POLY
| $22.7M | ﹤0.01% |
584,148
+56,678
| +11% | +$2.13M |
|
1797
FB Financial Corp
FBK
$3.03B
| $22.7M | ﹤0.01% |
511,120
+45,521
| +10% | +$1.87M |
|
1798
James River Group Holdings
JRVR
$212M
| $22.7M | ﹤0.01% |
497,753
+45,527
| +10% | +$2.18M |
|
1799
Acushnet Holdings
GOLF
$5.95B
| $22.7M | ﹤0.01% |
548,679
+34,461
| +7% | +$1.47M |
|
1800
Kforce
KFRC
$1.04B
| $22.7M | ﹤0.01% |
423,006
+40,174
| +10% | +$1.94M |
|
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.