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 | |
|---|---|---|---|---|---|---|
|
CDMO
1801
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $25.5M | ﹤0.01% |
992,687
+53,821
| +6% | +$1.15M |
|
1802
Encore Capital Group
ECPG
$2.08B
| $25.3M | ﹤0.01% |
533,230
+9,335
| +2% | +$406K |
|
1803
Purple Innovation
PRPL
$40M
| $25.3M | ﹤0.01% |
38,257
+9,140
| +31% | +$7.01M |
|
|
POLY
1804
DELISTED
Plantronics, Inc.
POLY
| $25.2M | ﹤0.01% |
603,821
+19,673
| +3% | +$735K |
|
1805
RadNet
RDNT
$5.3B
| $25.2M | ﹤0.01% |
747,600
+36,461
| +5% | +$960K |
|
1806
TTM Technologies
TTMI
$12.6B
| $25.2M | ﹤0.01% |
1,759,558
+113,429
| +7% | +$1.69M |
|
1807
XPEL
XPEL
$1.21B
| $25.1M | ﹤0.01% |
299,857
+16,578
| +6% | +$1.22M |
|
1808
G-III Apparel Group
GIII
$1.53B
| $25.1M | ﹤0.01% |
764,577
+19,541
| +3% | +$632K |
|
1809
Enova International
ENVA
$6.5B
| $25.1M | ﹤0.01% |
734,336
+4,511
| +0.6% | +$159K |
|
1810
Green Plains
GPRE
$1.15B
| $25M | ﹤0.01% |
745,025
+107,388
| +17% | +$3.2M |
|
1811
Pitney Bowes
PBI
$2.51B
| $25M | ﹤0.01% |
2,854,206
+87,433
| +3% | +$729K |
|
1812
Ubiquiti
UI
$33.4B
| $25M | ﹤0.01% |
80,163
-2,684
| -3% | -$786K |
|
1813
Delek US
DK
$4.02B
| $25M | ﹤0.01% |
1,155,724
+150,195
| +15% | +$3.39M |
|
1814
Telus
TU
$14.9B
| $25M | ﹤0.01% |
1,118,382
+129,291
| +13% | +$2.8M |
|
1815
Astec Industries
ASTE
$1.21B
| $25M | ﹤0.01% |
396,620
+13,618
| +4% | +$951K |
|
1816
Central Garden & Pet Co
CENT
$2.72B
| $24.9M | ﹤0.01% |
589,168
+351,154
| +148% | +$15.7M |
|
1817
Castle Biosciences
CSTL
$934M
| $24.9M | ﹤0.01% |
340,075
+59,033
| +21% | +$3.9M |
|
1818
US Physical Therapy
USPH
$1.2B
| $24.9M | ﹤0.01% |
215,197
+7,175
| +3% | +$824K |
|
1819
Tennant Co
TNC
$1.46B
| $24.9M | ﹤0.01% |
311,935
+9,736
| +3% | +$796K |
|
1820
Alamo Group
ALG
$1.97B
| $24.9M | ﹤0.01% |
163,090
+4,431
| +3% | +$687K |
|
|
KL
1821
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $24.9M | ﹤0.01% |
644,168
+94,480
| +17% | +$3.79M |
|
|
GTY
1822
Getty Realty Corp
GTY
$2.1B
| $24.8M | ﹤0.01% |
797,314
+83,561
| +12% | +$2.61M |
|
1823
GoPro
GPRO
$131M
| $24.8M | ﹤0.01% |
2,130,584
+81,209
| +4% | +$916K |
|
1824
Reynolds Consumer Products
REYN
$5.29B
| $24.8M | ﹤0.01% |
817,342
+3,293
| +0.4% | +$99.9K |
|
1825
Dine Brands
DIN
$453M
| $24.8M | ﹤0.01% |
277,682
+18,339
| +7% | +$1.7M |
|
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.