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 | |
|---|---|---|---|---|---|---|
|
ECOL
1951
DELISTED
US Ecology, Inc.
ECOL
| $20.3M | ﹤0.01% |
541,745
+17,580
| +3% | +$709K |
|
|
KNL
1952
DELISTED
Knoll, Inc.
KNL
| $20.3M | ﹤0.01% |
780,524
-63,684
| -8% | -$1.52M |
|
1953
Hyliion Holdings
HYLN
$672M
| $20.3M | ﹤0.01% |
1,740,103
+967,790
| +125% | +$10.1M |
|
1954
Marcus & Millichap
MMI
$1.16B
| $20.3M | ﹤0.01% |
521,424
+15,891
| +3% | +$597K |
|
1955
BellRing Brands
BRBR
$1.51B
| $20.2M | ﹤0.01% |
645,448
+14,175
| +2% | +$387K |
|
1956
Liberty Energy
LBRT
$3.1B
| $20.2M | ﹤0.01% |
1,428,221
+97,066
| +7% | +$1.31M |
|
|
NBIS
1957
Nebius Group N.V.
NBIS
$54B
| $20.2M | ﹤0.01% |
285,801
+17,015
| +6% | +$1.12M |
|
|
CIVI
1958
DELISTED
Civitas Resources
CIVI
| $20.2M | ﹤0.01% |
428,437
+112,958
| +36% | +$4.58M |
|
|
COWN
1959
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $20.1M | ﹤0.01% |
489,961
+17,354
| +4% | +$681K |
|
|
GOEV
1960
DELISTED
Canoo Inc. Class A Common Stock
GOEV
| $20.1M | ﹤0.01% |
4,396
+1,533
| +54% | +$6.2M |
|
1961
Sonic Automotive
SAH
$2.76B
| $20.1M | ﹤0.01% |
448,904
+2,490
| +0.6% | +$121K |
|
1962
Marten Transport
MRTN
$1.22B
| $20M | ﹤0.01% |
1,215,842
+33,435
| +3% | +$571K |
|
|
ENDP
1963
DELISTED
Endo International plc
ENDP
| $20M | ﹤0.01% |
4,278,157
+172,170
| +4% | +$987K |
|
1964
Griffon
GFF
$4.1B
| $20M | ﹤0.01% |
781,039
+34,829
| +5% | +$930K |
|
|
RTL
1965
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $19.9M | ﹤0.01% |
2,352,483
+167,119
| +8% | +$1.56M |
|
1966
ADT
ADT
$5.76B
| $19.9M | ﹤0.01% |
1,843,868
+32,010
| +2% | +$322K |
|
1967
California Resources
CRC
$4.63B
| $19.9M | ﹤0.01% |
+660,069
| New | +$18.2M |
|
|
INN
1968
Summit Hotel Properties
INN
$749M
| $19.9M | ﹤0.01% |
2,131,964
+61,272
| +3% | +$606K |
|
|
BRKL
1969
DELISTED
Brookline Bancorp
BRKL
| $19.9M | ﹤0.01% |
1,328,165
+16,525
| +1% | +$264K |
|
|
RUBY
1970
DELISTED
Rubius Therapeutics, Inc
RUBY
| $19.9M | ﹤0.01% |
813,297
+94,744
| +13% | +$2.37M |
|
1971
StoneX
SNEX
$9.22B
| $19.8M | ﹤0.01% |
1,656,268
+66,896
| +4% | +$864K |
|
1972
Levi Strauss
LEVI
$9.48B
| $19.8M | ﹤0.01% |
713,560
+63,761
| +10% | +$1.75M |
|
1973
Scholastic
SCHL
$794M
| $19.7M | ﹤0.01% |
521,192
+44,204
| +9% | +$1.49M |
|
|
INVX
1974
Innovex International
INVX
$1.98B
| $19.7M | ﹤0.01% |
583,476
+22,246
| +4% | +$748K |
|
1975
Safety Insurance
SAFT
$1.51B
| $19.7M | ﹤0.01% |
251,891
+7,122
| +3% | +$594K |
|
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.