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 | |
|---|---|---|---|---|---|---|
1851
OFG Bancorp
OFG
$2.25B
| $20.9M | ﹤0.01% |
925,805
+78,121
| +9% | +$1.55M |
|
|
TUP
1852
DELISTED
Tupperware Brands Corporation
TUP
| $20.9M | ﹤0.01% |
792,266
+67,384
| +9% | +$2.1M |
|
1853
Relay Therapeutics
RLAY
$4.07B
| $20.9M | ﹤0.01% |
603,933
+157,909
| +35% | +$6.85M |
|
1854
MYR Group
MYRG
$5.32B
| $20.9M | ﹤0.01% |
291,290
+28,827
| +11% | +$1.82M |
|
1855
Upland Software
UPLD
$12.8M
| $20.8M | ﹤0.01% |
44,158
+4,299
| +11% | +$2.07M |
|
1856
CEVA Inc
CEVA
$927M
| $20.7M | ﹤0.01% |
369,402
+36,717
| +11% | +$2.18M |
|
|
CHCT
1857
Community Healthcare Trust
CHCT
$523M
| $20.7M | ﹤0.01% |
448,581
+25,616
| +6% | +$1.19M |
|
1858
Safety Insurance
SAFT
$1.52B
| $20.6M | ﹤0.01% |
244,769
+20,106
| +9% | +$1.62M |
|
1859
StoneX
SNEX
$9.12B
| $20.5M | ﹤0.01% |
1,589,372
+91,363
| +6% | +$1.1M |
|
1860
Employers Holdings
EIG
$913M
| $20.5M | ﹤0.01% |
476,416
+43,581
| +10% | +$1.52M |
|
1861
Matthews International
MATW
$891M
| $20.5M | ﹤0.01% |
517,616
+47,789
| +10% | +$1.68M |
|
|
CLR
1862
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $20.5M | ﹤0.01% |
790,944
+37,002
| +5% | +$868K |
|
|
SHYF
1863
DELISTED
The Shyft Group
SHYF
| $20.5M | ﹤0.01% |
549,782
+45,447
| +9% | +$1.52M |
|
1864
Atara Biotherapeutics
ATRA
$75.7M
| $20.4M | ﹤0.01% |
56,777
+8,595
| +18% | +$3.8M |
|
|
HEES
1865
DELISTED
H&E Equipment Services
HEES
| $20.3M | ﹤0.01% |
534,045
+39,567
| +8% | +$1.27M |
|
1866
Griffon
GFF
$4.11B
| $20.3M | ﹤0.01% |
746,210
+91,299
| +14% | +$2.25M |
|
1867
Scholar Rock
SRRK
$5.51B
| $20.3M | ﹤0.01% |
400,195
+35,096
| +10% | +$1.94M |
|
|
SCS
1868
DELISTED
Steelcase
SCS
| $20.3M | ﹤0.01% |
1,408,812
+134,553
| +11% | +$1.91M |
|
1869
SiTime
SITM
$16.5B
| $20.3M | ﹤0.01% |
205,527
+58,601
| +40% | +$6.86M |
|
|
BWIN
1870
Baldwin Insurance Group
BWIN
$2.82B
| $20.2M | ﹤0.01% |
742,626
+114,496
| +18% | +$3.11M |
|
|
GTY
1871
Getty Realty Corp
GTY
$2.1B
| $20.2M | ﹤0.01% |
713,753
+45,587
| +7% | +$1.28M |
|
1872
PAR Technology
PAR
$722M
| $20.2M | ﹤0.01% |
309,034
+22,280
| +8% | +$1.65M |
|
1873
Ocular Therapeutix
OCUL
$1.83B
| $20.2M | ﹤0.01% |
1,229,608
+139,257
| +13% | +$2.68M |
|
1874
Atlanta Braves Holdings Series B
BATRK
$3.27B
| $20.2M | ﹤0.01% |
724,830
+83,331
| +13% | +$2.35M |
|
1875
Camping World
CWH
$686M
| $20.2M | ﹤0.01% |
554,054
+42,560
| +8% | +$1.51M |
|
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.