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 | |
|---|---|---|---|---|---|---|
2051
Andersons Inc
ANDE
$2.38B
| $15.3M | ﹤0.01% |
558,104
+54,165
| +11% | +$1.43M |
|
2052
Certara
CERT
$1.27B
| $15.3M | ﹤0.01% |
559,349
+451,758
| +420% | +$15M |
|
|
TVTY
2053
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $15.2M | ﹤0.01% |
679,434
+55,123
| +9% | +$1.26M |
|
2054
Preferred Bank
PFBC
$1.26B
| $15.1M | ﹤0.01% |
237,135
+17,549
| +8% | +$992K |
|
2055
Zumiez
ZUMZ
$345M
| $15.1M | ﹤0.01% |
351,937
+34,166
| +11% | +$1.52M |
|
2056
Gevo
GEVO
$355M
| $15.1M | ﹤0.01% |
1,537,949
+667,928
| +77% | +$6.4M |
|
2057
Columbia Financial
CLBK
$1.11B
| $15.1M | ﹤0.01% |
863,009
+52,214
| +6% | +$866K |
|
2058
Century Aluminum
CENX
$4.47B
| $15.1M | ﹤0.01% |
852,468
+70,994
| +9% | +$1.01M |
|
2059
1st Source
SRCE
$2.18B
| $15M | ﹤0.01% |
316,218
+28,420
| +10% | +$1.26M |
|
2060
MannKind Corp
MNKD
$1.17B
| $15M | ﹤0.01% |
3,836,016
+548,627
| +17% | +$2.25M |
|
2061
Liberty Energy
LBRT
$3.1B
| $15M | ﹤0.01% |
1,331,155
+256,092
| +24% | +$3.08M |
|
|
DMTK
2062
DELISTED
DermTech, Inc. Common Stock
DMTK
| $15M | ﹤0.01% |
295,125
+131,083
| +80% | +$6.86M |
|
2063
Center Bancorp
CNOB
$1.68B
| $15M | ﹤0.01% |
591,073
+39,601
| +7% | +$932K |
|
2064
CRH
CRH
$65.6B
| $15M | ﹤0.01% |
318,853
+18,964
| +6% | +$853K |
|
|
HSII
2065
DELISTED
Heidrick & Struggles
HSII
| $14.9M | ﹤0.01% |
418,373
+36,956
| +10% | +$1.26M |
|
2066
Orthofix Medical
OFIX
$496M
| $14.9M | ﹤0.01% |
344,734
+28,805
| +9% | +$1.27M |
|
|
LBAI
2067
DELISTED
Lakeland Bancorp Inc
LBAI
| $14.9M | ﹤0.01% |
856,963
+60,340
| +8% | +$934K |
|
2068
Alphatec Holdings
ATEC
$1.56B
| $14.9M | ﹤0.01% |
945,762
+77,663
| +9% | +$1.22M |
|
2069
BellRing Brands
BRBR
$1.51B
| $14.9M | ﹤0.01% |
631,273
+71,568
| +13% | +$1.74M |
|
2070
Bank of N.T. Butterfield & Son
NTB
$2.46B
| $14.9M | ﹤0.01% |
389,661
+35,645
| +10% | +$1.26M |
|
|
AEGN
2071
DELISTED
Aegion Corp
AEGN
| $14.9M | ﹤0.01% |
517,936
+28,908
| +6% | +$690K |
|
|
GBIO
2072
DELISTED
Generation Bio
GBIO
| $14.9M | ﹤0.01% |
52,315
+29,756
| +132% | +$9.52M |
|
|
ADVM
2073
DELISTED
Adverum Biotechnologies
ADVM
| $14.8M | ﹤0.01% |
150,367
+13,926
| +10% | +$1.67M |
|
2074
Univest Financial
UVSP
$1.23B
| $14.8M | ﹤0.01% |
518,542
+36,482
| +8% | +$925K |
|
|
HMHC
2075
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $14.8M | ﹤0.01% |
1,940,544
+194,380
| +11% | +$1.11M |
|
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.