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 | |
|---|---|---|---|---|---|---|
|
NXGN
1826
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $21.8M | ﹤0.01% |
1,204,533
+104,454
| +9% | +$2.06M |
|
|
PFC
1827
DELISTED
Premier Financial Corp. Common Stock
PFC
| $21.7M | ﹤0.01% |
652,954
+50,185
| +8% | +$1.48M |
|
1828
GrafTech
EAF
$189M
| $21.7M | ﹤0.01% |
177,547
+83,702
| +89% | +$9.67M |
|
1829
BJ's Restaurants
BJRI
$1.41B
| $21.7M | ﹤0.01% |
373,598
+33,652
| +10% | +$1.76M |
|
1830
Southern Copper
SCCO
$145B
| $21.7M | ﹤0.01% |
347,170
+20,294
| +6% | +$1.35M |
|
|
HAPN
1831
Happen Inc
HAPN
$2.36B
| $21.7M | ﹤0.01% |
1,311,805
+174,411
| +15% | +$2.3M |
|
1832
First Busey Corp
BUSE
$2.6B
| $21.7M | ﹤0.01% |
844,840
+50,177
| +6% | +$1.18M |
|
|
LADR
1833
Ladder Capital
LADR
$1.23B
| $21.7M | ﹤0.01% |
1,836,057
+130,488
| +8% | +$1.42M |
|
1834
US Physical Therapy
USPH
$1.21B
| $21.7M | ﹤0.01% |
208,022
+18,819
| +10% | +$2.34M |
|
1835
Southside Bancshares
SBSI
$974M
| $21.6M | ﹤0.01% |
561,618
+53,262
| +10% | +$1.89M |
|
|
BRMK
1836
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $21.6M | ﹤0.01% |
2,063,871
+263,618
| +15% | +$2.76M |
|
|
QUOT
1837
DELISTED
Quotient Technology Inc
QUOT
| $21.6M | ﹤0.01% |
1,320,295
+124,164
| +10% | +$1.53M |
|
|
RTL
1838
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $21.5M | ﹤0.01% |
2,185,364
+188,023
| +9% | +$1.64M |
|
1839
Codexis
CDXS
$158M
| $21.4M | ﹤0.01% |
937,053
+68,282
| +8% | +$1.6M |
|
1840
Regenxbio
RGNX
$626M
| $21.4M | ﹤0.01% |
627,937
+104,749
| +20% | +$4.47M |
|
1841
KE Holdings
BEKE
$19B
| $21.2M | ﹤0.01% |
376,144
+127,683
| +51% | +$8.03M |
|
1842
CorVel
CRVL
$3.13B
| $21.2M | ﹤0.01% |
620,040
+52,437
| +9% | +$1.82M |
|
1843
Surgery Partners
SGRY
$2.09B
| $21.2M | ﹤0.01% |
479,020
+124,185
| +35% | +$4.61M |
|
|
HA
1844
DELISTED
Hawaiian Holdings, Inc.
HA
| $21.2M | ﹤0.01% |
794,418
+95,895
| +14% | +$2.27M |
|
|
EVOP
1845
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $21.1M | ﹤0.01% |
767,626
+73,053
| +11% | +$1.97M |
|
1846
Encore Capital Group
ECPG
$2.09B
| $21.1M | ﹤0.01% |
523,895
+49,415
| +10% | +$1.75M |
|
|
INN
1847
Summit Hotel Properties
INN
$750M
| $21M | ﹤0.01% |
2,070,692
+155,907
| +8% | +$1.51M |
|
|
CVGW
1848
DELISTED
Calavo Growers
CVGW
| $21M | ﹤0.01% |
270,646
+24,347
| +10% | +$1.87M |
|
1849
Stride
LRN
$3.46B
| $21M | ﹤0.01% |
696,926
+101,098
| +17% | +$2.62M |
|
1850
Agilysys
AGYS
$3.08B
| $21M | ﹤0.01% |
437,203
+15,030
| +4% | +$748K |
|
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.