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 | |
|---|---|---|---|---|---|---|
|
VNE
1901
DELISTED
Veoneer, Inc.
VNE
| $19.3M | ﹤0.01% |
788,933
+63,957
| +9% | +$1.67M |
|
|
GCP
1902
DELISTED
GCP Applied Technologies Inc.
GCP
| $19.2M | ﹤0.01% |
784,274
+77,273
| +11% | +$1.96M |
|
1903
nLIGHT
LASR
$3.95B
| $19.2M | ﹤0.01% |
593,963
+64,436
| +12% | +$2.28M |
|
1904
Castle Biosciences
CSTL
$928M
| $19.2M | ﹤0.01% |
281,042
+48,005
| +21% | +$3.61M |
|
|
TBIO
1905
DELISTED
Translate Bio, Inc. Common Stock
TBIO
| $19.1M | ﹤0.01% |
1,161,369
+101,420
| +10% | +$2.31M |
|
1906
Standex International
SXI
$3.78B
| $19.1M | ﹤0.01% |
200,371
+18,688
| +10% | +$1.73M |
|
1907
Brookfield Infrastructure
BIPC
$4.97B
| $19.1M | ﹤0.01% |
375,671
+28,086
| +8% | +$1.27M |
|
1908
Brookdale Senior Living
BKD
$3.43B
| $19.1M | ﹤0.01% |
3,160,549
+297,863
| +10% | +$1.6M |
|
|
DEN
1909
DELISTED
Denbury Inc.
DEN
| $19.1M | ﹤0.01% |
398,683
+120,510
| +43% | +$4.42M |
|
|
RWT
1910
Redwood Trust
RWT
$580M
| $19.1M | ﹤0.01% |
1,831,326
+144,798
| +9% | +$1.39M |
|
1911
Oceaneering
OII
$4.85B
| $19.1M | ﹤0.01% |
1,668,689
+160,906
| +11% | +$1.78M |
|
|
RAD
1912
DELISTED
Rite Aid Corporation
RAD
| $19.1M | ﹤0.01% |
931,405
+87,610
| +10% | +$1.9M |
|
|
RUBY
1913
DELISTED
Rubius Therapeutics, Inc
RUBY
| $19M | ﹤0.01% |
718,553
+134,421
| +23% | +$1.96M |
|
|
EVRI
1914
DELISTED
Everi Holdings
EVRI
| $19M | ﹤0.01% |
1,349,214
+118,816
| +10% | +$1.69M |
|
1915
Conduent
CNDT
$268M
| $19M | ﹤0.01% |
2,856,254
+257,386
| +10% | +$1.47M |
|
1916
Johnson Outdoors
JOUT
$502M
| $19M | ﹤0.01% |
132,859
+12,005
| +10% | +$1.51M |
|
|
MTSC
1917
DELISTED
MTS Systems Corp
MTSC
| $18.9M | ﹤0.01% |
325,383
+28,445
| +10% | +$1.67M |
|
|
DENN
1918
DELISTED
Denny's
DENN
| $18.9M | ﹤0.01% |
1,045,572
+100,465
| +11% | +$1.71M |
|
|
HIBB
1919
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $18.9M | ﹤0.01% |
274,860
+26,759
| +11% | +$1.65M |
|
1920
National Healthcare
NHC
$3.48B
| $18.9M | ﹤0.01% |
242,379
+22,998
| +10% | +$1.63M |
|
1921
Orion
OEC
$385M
| $18.9M | ﹤0.01% |
956,120
+113,146
| +13% | +$2.04M |
|
|
AVID
1922
DELISTED
Avid Technology Inc
AVID
| $18.8M | ﹤0.01% |
892,422
+93,474
| +12% | +$1.83M |
|
|
KRA
1923
DELISTED
Kraton Corporation
KRA
| $18.8M | ﹤0.01% |
514,610
+47,837
| +10% | +$1.71M |
|
1924
Buckle
BKE
$2.37B
| $18.8M | ﹤0.01% |
479,122
+54,549
| +13% | +$2.05M |
|
|
ACCD
1925
DELISTED
Accolade Inc
ACCD
| $18.8M | ﹤0.01% |
414,685
+172,749
| +71% | +$8.31M |
|
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.