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 | |
|---|---|---|---|---|---|---|
|
PRMW
1851
DELISTED
Primo Water Corporation
PRMW
| $23.7M | ﹤0.01% |
1,414,243
+47,185
| +3% | +$798K |
|
1852
Clean Energy Fuels
CLNE
$410M
| $23.6M | ﹤0.01% |
2,326,732
+134,448
| +6% | +$1.39M |
|
|
HMHC
1853
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $23.6M | ﹤0.01% |
2,139,033
+198,489
| +10% | +$1.87M |
|
|
ANAT
1854
DELISTED
American National Group, Inc. Common Stock
ANAT
| $23.6M | ﹤0.01% |
158,944
+39,480
| +33% | +$5.28M |
|
1855
Zentalis Pharmaceuticals
ZNTL
$331M
| $23.6M | ﹤0.01% |
443,765
+76,925
| +21% | +$4.12M |
|
1856
Atara Biotherapeutics
ATRA
$77M
| $23.5M | ﹤0.01% |
60,573
+3,796
| +7% | +$1.35M |
|
|
KAMN
1857
DELISTED
Kaman Corp
KAMN
| $23.5M | ﹤0.01% |
465,448
+19,575
| +4% | +$1.04M |
|
1858
Universal Corp
UVV
$1.3B
| $23.4M | ﹤0.01% |
410,886
+9,784
| +2% | +$565K |
|
1859
James River Group Holdings
JRVR
$213M
| $23.4M | ﹤0.01% |
623,855
+126,102
| +25% | +$5.04M |
|
1860
Addus HomeCare
ADUS
$2.18B
| $23.3M | ﹤0.01% |
267,059
+16,065
| +6% | +$1.56M |
|
|
LADR
1861
Ladder Capital
LADR
$1.23B
| $23.3M | ﹤0.01% |
2,018,973
+182,916
| +10% | +$2.15M |
|
1862
First Commonwealth Financial
FCF
$2.2B
| $23.2M | ﹤0.01% |
1,650,517
+38,878
| +2% | +$571K |
|
|
PGTI
1863
DELISTED
PGT, Inc.
PGTI
| $23.2M | ﹤0.01% |
999,547
+58,259
| +6% | +$1.44M |
|
|
TELL
1864
DELISTED
Tellurian Inc.
TELL
| $23.2M | ﹤0.01% |
4,990,353
+1,594,361
| +47% | +$4.89M |
|
1865
Stride
LRN
$3.41B
| $23.2M | ﹤0.01% |
721,928
+25,002
| +4% | +$745K |
|
1866
Mesa Laboratories
MLAB
$584M
| $23.2M | ﹤0.01% |
85,444
+4,251
| +5% | +$1.08M |
|
|
EB
1867
DELISTED
Eventbrite
EB
| $23.1M | ﹤0.01% |
1,216,921
+143,747
| +13% | +$3.05M |
|
|
CELL
1868
DELISTED
PhenomeX Inc. Common Stock
CELL
| $23.1M | ﹤0.01% |
515,417
+297,583
| +137% | +$13.8M |
|
1869
Interparfums
IPAR
$4B
| $23.1M | ﹤0.01% |
320,637
+12,757
| +4% | +$941K |
|
1870
MannKind Corp
MNKD
$1.17B
| $23M | ﹤0.01% |
4,227,614
+391,598
| +10% | +$1.7M |
|
1871
AZZ Inc
AZZ
$4.48B
| $23M | ﹤0.01% |
444,765
-4,153
| -0.9% | -$218K |
|
|
CHCT
1872
Community Healthcare Trust
CHCT
$522M
| $23M | ﹤0.01% |
484,896
+36,315
| +8% | +$1.78M |
|
|
RWT
1873
Redwood Trust
RWT
$580M
| $23M | ﹤0.01% |
1,906,692
+75,366
| +4% | +$841K |
|
1874
Algonquin Power & Utilities
AQN
$4.42B
| $23M | ﹤0.01% |
1,509,160
+141,394
| +10% | +$2.23M |
|
|
EVOP
1875
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $23M | ﹤0.01% |
828,414
+60,788
| +8% | +$1.73M |
|
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.