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 | |
|---|---|---|---|---|---|---|
2026
Origin Bancorp
OBK
$1.69B
| $15.8M | ﹤0.01% |
373,459
+44,551
| +14% | +$1.57M |
|
|
CWEN.A
2027
DELISTED
Clearway Energy Class A
CWEN.A
| $15.8M | ﹤0.01% |
595,605
+40,226
| +7% | +$1.16M |
|
|
EBSB
2028
DELISTED
Meridian Bancorp, Inc.
EBSB
| $15.8M | ﹤0.01% |
856,688
+71,685
| +9% | +$1.21M |
|
2029
ImmunityBio
IBRX
$7.49B
| $15.8M | ﹤0.01% |
664,549
+74,788
| +13% | +$1.94M |
|
2030
Myers Industries
MYE
$1.38B
| $15.7M | ﹤0.01% |
796,533
+54,552
| +7% | +$1.17M |
|
|
FRG
2031
DELISTED
Franchise Group, Inc.
FRG
| $15.7M | ﹤0.01% |
435,622
+46,005
| +12% | +$1.63M |
|
|
TVRD
2032
Tvardi Therapeutics
TVRD
$19M
| $15.7M | ﹤0.01% |
20,054
+1,279
| +7% | +$876K |
|
|
MORF
2033
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $15.6M | ﹤0.01% |
247,258
+64,699
| +35% | +$2.97M |
|
2034
America's Car Mart
CRMT
$29.1M
| $15.6M | ﹤0.01% |
102,585
+6,396
| +7% | +$868K |
|
2035
Kearny Financial
KRNY
$610M
| $15.6M | ﹤0.01% |
1,290,925
+51,659
| +4% | +$594K |
|
2036
Levi Strauss
LEVI
$9.48B
| $15.5M | ﹤0.01% |
649,799
+145,646
| +29% | +$3.26M |
|
|
ATRI
2037
DELISTED
Atrion Corp
ATRI
| $15.5M | ﹤0.01% |
24,176
+2,232
| +10% | +$1.48M |
|
|
MRSN
2038
DELISTED
Mersana Therapeutics
MRSN
| $15.5M | ﹤0.01% |
38,322
+3,950
| +11% | +$1.92M |
|
2039
Hyster-Yale Materials Handling
HY
$628M
| $15.5M | ﹤0.01% |
177,916
+21,188
| +14% | +$1.85M |
|
2040
Anavex Life Sciences
AVXL
$273M
| $15.5M | ﹤0.01% |
1,035,685
+242,093
| +31% | +$2.64M |
|
2041
RadNet
RDNT
$5.25B
| $15.5M | ﹤0.01% |
711,139
+65,111
| +10% | +$1.32M |
|
2042
nCino
NCNO
$2.1B
| $15.4M | ﹤0.01% |
231,357
+109,825
| +90% | +$7.84M |
|
2043
Construction Partners
ROAD
$6.11B
| $15.4M | ﹤0.01% |
516,106
+55,133
| +12% | +$1.66M |
|
2044
Enanta Pharmaceuticals
ENTA
$377M
| $15.4M | ﹤0.01% |
312,544
+26,964
| +9% | +$1.34M |
|
2045
RE/MAX Holdings
RMAX
$195M
| $15.4M | ﹤0.01% |
391,230
+41,176
| +12% | +$1.61M |
|
2046
Customers Bancorp
CUBI
$2.72B
| $15.3M | ﹤0.01% |
482,139
+41,887
| +10% | +$1.1M |
|
2047
Washington Trust Bancorp
WASH
$755M
| $15.3M | ﹤0.01% |
297,053
+30,800
| +12% | +$1.49M |
|
|
TGI
2048
DELISTED
Triumph Group
TGI
| $15.3M | ﹤0.01% |
833,290
+65,971
| +9% | +$985K |
|
|
BMTC
2049
DELISTED
Bryn Mawr Bank Corp
BMTC
| $15.3M | ﹤0.01% |
336,151
+24,339
| +8% | +$927K |
|
2050
ADT
ADT
$5.76B
| $15.3M | ﹤0.01% |
1,811,858
+145,697
| +9% | +$1.26M |
|
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.