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 | |
|---|---|---|---|---|---|---|
|
LDL
2026
DELISTED
Lydall, Inc.
LDL
| $18.3M | ﹤0.01% |
302,710
+8,036
| +3% | +$309K |
|
2027
Andersons Inc
ANDE
$2.38B
| $18.3M | ﹤0.01% |
599,670
+41,566
| +7% | +$1.25M |
|
2028
Constellium
CSTM
$3.85B
| $18.3M | ﹤0.01% |
+964,967
| New | +$16.6M |
|
|
UMH
2029
UMH Properties
UMH
$1.3B
| $18.2M | ﹤0.01% |
836,007
+72,744
| +10% | +$1.55M |
|
|
MODN
2030
DELISTED
MODEL N, INC.
MODN
| $18.2M | ﹤0.01% |
531,295
+12,213
| +2% | +$448K |
|
2031
Kinross Gold
KGC
$27.8B
| $18.2M | ﹤0.01% |
2,876,815
+274,779
| +11% | +$2.04M |
|
2032
Allegro MicroSystems
ALGM
$7.74B
| $18.2M | ﹤0.01% |
655,730
+30,810
| +5% | +$804K |
|
2033
CEVA Inc
CEVA
$927M
| $18.2M | ﹤0.01% |
383,952
+14,550
| +4% | +$718K |
|
2034
Recursion Pharmaceuticals
RXRX
$1.69B
| $18.1M | ﹤0.01% |
+496,949
| New | +$14.7M |
|
2035
Nabors Industries
NBR
$1.25B
| $18.1M | ﹤0.01% |
158,442
+14,109
| +10% | +$1.42M |
|
|
EBSB
2036
DELISTED
Meridian Bancorp, Inc.
EBSB
| $18.1M | ﹤0.01% |
883,592
+26,904
| +3% | +$559K |
|
|
GLDD
2037
DELISTED
Great Lakes Dredge & Dock
GLDD
| $18.1M | ﹤0.01% |
1,236,461
+45,492
| +4% | +$672K |
|
2038
Replimune Group
REPL
$1B
| $18M | ﹤0.01% |
469,794
+37,865
| +9% | +$1.29M |
|
2039
Impinj
PI
$4.93B
| $18M | ﹤0.01% |
349,216
+27,121
| +8% | +$1.4M |
|
|
HEES
2040
DELISTED
H&E Equipment Services
HEES
| $18M | ﹤0.01% |
540,577
+6,532
| +1% | +$239K |
|
2041
The GEO Group
GEO
$4.19B
| $18M | ﹤0.01% |
2,523,091
+106,838
| +4% | +$673K |
|
2042
Pennant Group
PNTG
$1.4B
| $18M | ﹤0.01% |
439,113
+9,853
| +2% | +$383K |
|
|
MORF
2043
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $18M | ﹤0.01% |
312,829
+65,571
| +27% | +$3.61M |
|
|
DENN
2044
DELISTED
Denny's
DENN
| $17.9M | ﹤0.01% |
1,087,587
+42,015
| +4% | +$735K |
|
2045
Apogee Enterprises
APOG
$876M
| $17.9M | ﹤0.01% |
440,280
+10,889
| +3% | +$410K |
|
|
ECHO
2046
EchoStar
ECHO
$24.8B
| $17.9M | ﹤0.01% |
737,610
+138,530
| +23% | +$3.55M |
|
2047
DNOW Inc
DNOW
$2.6B
| $17.9M | ﹤0.01% |
1,887,582
+62,002
| +3% | +$640K |
|
2048
MarineMax
HZO
$774M
| $17.9M | ﹤0.01% |
367,394
+16,549
| +5% | +$863K |
|
2049
Adtran
ADTN
$718M
| $17.9M | ﹤0.01% |
866,547
+27,427
| +3% | +$530K |
|
|
MBT
2050
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $17.9M | ﹤0.01% |
1,941,729
+177,941
| +10% | +$1.58M |
|
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.