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 | |
|---|---|---|---|---|---|---|
1876
Teck Resources
TECK
$29.5B
| $23M | ﹤0.01% |
1,005,843
+77,188
| +8% | +$1.76M |
|
|
PR
1877
Permian Resources
PR
$17.5B
| $22.9M | ﹤0.01% |
3,376,888
+1,614,433
| +92% | +$8.34M |
|
1878
Children's Place
PLCE
$56.3M
| $22.9M | ﹤0.01% |
245,804
+4,992
| +2% | +$424K |
|
1879
Axcelis
ACLS
$4.03B
| $22.9M | ﹤0.01% |
565,395
+17,382
| +3% | +$720K |
|
1880
Senseonics Holdings Inc
SENS
$272M
| $22.8M | ﹤0.01% |
297,329
+179,072
| +151% | +$9.07M |
|
|
BRMK
1881
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $22.8M | ﹤0.01% |
2,153,790
+89,919
| +4% | +$954K |
|
1882
Transocean
RIG
$5.7B
| $22.8M | ﹤0.01% |
5,042,473
-4,287,685
| -46% | -$16.3M |
|
1883
Gevo
GEVO
$355M
| $22.8M | ﹤0.01% |
3,132,462
+1,594,513
| +104% | +$11.7M |
|
1884
TriMas Corp
TRS
$1.45B
| $22.8M | ﹤0.01% |
750,592
+28,436
| +4% | +$902K |
|
1885
Codexis
CDXS
$156M
| $22.7M | ﹤0.01% |
1,000,325
+63,272
| +7% | +$1.37M |
|
|
AAMI
1886
Acadian Asset Management
AAMI
$3.2B
| $22.7M | ﹤0.01% |
967,028
-2,181
| -0.2% | -$49.6K |
|
1887
PureCycle Technologies
PCT
$1.41B
| $22.6M | ﹤0.01% |
953,617
+867,837
| +1,012% | +$18.7M |
|
1888
Celldex Therapeutics
CLDX
$2.96B
| $22.5M | ﹤0.01% |
672,948
+320,251
| +91% | +$8.79M |
|
1889
Petco
WOOF
$831M
| $22.4M | ﹤0.01% |
1,001,062
+272,016
| +37% | +$6.36M |
|
1890
Brookfield Infrastructure
BIPC
$4.97B
| $22.4M | ﹤0.01% |
446,297
+70,626
| +19% | +$3.41M |
|
|
RDUS
1891
DELISTED
Radius Recycling
RDUS
| $22.4M | ﹤0.01% |
457,284
+13,029
| +3% | +$648K |
|
|
VCRA
1892
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $22.4M | ﹤0.01% |
562,681
+44,985
| +9% | +$1.64M |
|
|
SCS
1893
DELISTED
Steelcase
SCS
| $22.4M | ﹤0.01% |
1,479,183
+70,371
| +5% | +$1.01M |
|
1894
Usana Health Sciences
USNA
$422M
| $22.3M | ﹤0.01% |
217,820
+13,511
| +7% | +$1.36M |
|
1895
Agilon Health
AGL
$1.57B
| $22.2M | ﹤0.01% |
+21,866
| New | +$19.2M |
|
1896
Dime Commercial Bancshares
DCOM
$1.82B
| $22.1M | ﹤0.01% |
657,716
+36,829
| +6% | +$1.24M |
|
1897
Conduent
CNDT
$268M
| $22M | ﹤0.01% |
2,927,905
+71,651
| +3% | +$523K |
|
1898
OceanFirst Financial
OCFC
$1.71B
| $21.9M | ﹤0.01% |
1,051,312
+37,444
| +4% | +$838K |
|
1899
MiMedx Group
MDXG
$622M
| $21.9M | ﹤0.01% |
1,746,991
+877,045
| +101% | +$9.5M |
|
|
RIDE
1900
DELISTED
Lordstown Motors Corp. Class A Common Stock
RIDE
| $21.8M | ﹤0.01% |
131,467
+68,438
| +109% | +$10.5M |
|
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.