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 | |
|---|---|---|---|---|---|---|
|
AHRT
2076
AH Realty Trust
AHRT
$527M
| $14.8M | ﹤0.01% |
1,177,322
+98,289
| +9% | +$1.2M |
|
|
GES
2077
DELISTED
Guess Inc
GES
| $14.7M | ﹤0.01% |
627,158
+61,033
| +11% | +$1.5M |
|
2078
Vale
VALE
$62B
| $14.7M | ﹤0.01% |
847,877
+38,861
| +5% | +$678K |
|
|
LGF.B
2079
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $14.7M | ﹤0.01% |
1,142,205
-1,092
| -0.1% | -$14.4K |
|
2080
XPEL
XPEL
$1.24B
| $14.7M | ﹤0.01% |
283,279
+27,529
| +11% | +$1.48M |
|
2081
Arcturus Therapeutics
ARCT
$171M
| $14.7M | ﹤0.01% |
355,896
+31,500
| +10% | +$1.88M |
|
2082
ProPetro Holding
PUMP
$1.37B
| $14.7M | ﹤0.01% |
1,376,392
+118,748
| +9% | +$1.18M |
|
2083
CNA Financial
CNA
$14.5B
| $14.7M | ﹤0.01% |
328,312
+37,255
| +13% | +$1.59M |
|
|
UMH
2084
UMH Properties
UMH
$1.3B
| $14.6M | ﹤0.01% |
763,263
+63,443
| +9% | +$1.07M |
|
|
MBT
2085
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $14.6M | ﹤0.01% |
1,763,788
+231,145
| +15% | +$2.03M |
|
2086
John B. Sanfilippo & Son
JBSS
$993M
| $14.6M | ﹤0.01% |
161,475
+15,094
| +10% | +$1.31M |
|
2087
Invesco Mortgage Capital
IVR
$757M
| $14.6M | ﹤0.01% |
363,709
+100,533
| +38% | +$3.79M |
|
2088
Scansource
SCSC
$1.16B
| $14.5M | ﹤0.01% |
485,176
+34,323
| +8% | +$994K |
|
2089
Vanda Pharmaceuticals
VNDA
$315M
| $14.5M | ﹤0.01% |
965,414
+113,991
| +13% | +$1.85M |
|
|
CHUY
2090
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $14.5M | ﹤0.01% |
326,188
+31,244
| +11% | +$1.2M |
|
2091
SI-BONE Inc
SIBN
$818M
| $14.4M | ﹤0.01% |
454,107
+43,215
| +11% | +$1.33M |
|
|
CPE
2092
DELISTED
Callon Petroleum Company
CPE
| $14.4M | ﹤0.01% |
374,420
+61,143
| +20% | +$1.51M |
|
2093
AngioDynamics
ANGO
$627M
| $14.4M | ﹤0.01% |
615,716
+51,826
| +9% | +$1.05M |
|
2094
Warrior Met Coal
HCC
$4.25B
| $14.4M | ﹤0.01% |
839,657
+77,283
| +10% | +$1.63M |
|
|
ECHO
2095
EchoStar
ECHO
$24.8B
| $14.4M | ﹤0.01% |
599,080
+26,130
| +5% | +$625K |
|
2096
Scholastic
SCHL
$794M
| $14.4M | ﹤0.01% |
476,988
+41,445
| +10% | +$1.17M |
|
|
YMAB
2097
DELISTED
Y-mAbs Therapeutics
YMAB
| $14.3M | ﹤0.01% |
474,118
+43,240
| +10% | +$1.77M |
|
2098
Academy Sports + Outdoors
ASO
$3.01B
| $14.3M | ﹤0.01% |
530,267
+217,534
| +70% | +$5.2M |
|
2099
Standard Motor Products
SMP
$863M
| $14.3M | ﹤0.01% |
343,554
+36,013
| +12% | +$1.53M |
|
|
NTUS
2100
DELISTED
Natus Medical Inc
NTUS
| $14.3M | ﹤0.01% |
557,548
+59,182
| +12% | +$1.52M |
|
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.