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 | |
|---|---|---|---|---|---|---|
2101
LeMaitre Vascular
LMAT
$2.37B
| $14.3M | ﹤0.01% |
292,560
+31,495
| +12% | +$1.48M |
|
2102
Cars.com
CARS
$676M
| $14.2M | ﹤0.01% |
1,097,933
+107,125
| +11% | +$1.4M |
|
|
NP
2103
DELISTED
Neenah, Inc. Common Stock
NP
| $14.1M | ﹤0.01% |
274,872
+24,283
| +10% | +$1.35M |
|
|
CCF
2104
DELISTED
Chase Corporation
CCF
| $14.1M | ﹤0.01% |
121,293
+9,484
| +8% | +$1.06M |
|
|
AMTI
2105
DELISTED
Applied Molecular Transport Inc. Common Stock
AMTI
| $14.1M | ﹤0.01% |
319,905
+89,396
| +39% | +$4.35M |
|
|
VVNT
2106
DELISTED
Vivint Smart Home, Inc. Class A Common Stock
VVNT
| $14.1M | ﹤0.01% |
981,238
+120,924
| +14% | +$2.2M |
|
|
EBIX
2107
DELISTED
Ebix Inc
EBIX
| $14M | ﹤0.01% |
437,624
+36,453
| +9% | +$1.41M |
|
2108
Adtran
ADTN
$718M
| $14M | ﹤0.01% |
839,120
+70,422
| +9% | +$1.19M |
|
2109
Perdoceo Education
PRDO
$2.04B
| $14M | ﹤0.01% |
1,170,097
+112,515
| +11% | +$1.42M |
|
|
ONT
2110
Onterris Inc
ONT
$795M
| $14M | ﹤0.01% |
278,780
+76,977
| +38% | +$3.25M |
|
|
DM
2111
DELISTED
Desktop Metal, Inc.
DM
| $14M | ﹤0.01% |
+93,665
| New | +$20.6M |
|
|
KNL
2112
DELISTED
Knoll, Inc.
KNL
| $13.9M | ﹤0.01% |
844,208
+85,103
| +11% | +$1.39M |
|
|
PRSU
2113
Pursuit Attractions and Hospitality Inc
PRSU
$1.41B
| $13.9M | ﹤0.01% |
333,388
+24,622
| +8% | +$977K |
|
|
LGF.A
2114
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $13.9M | ﹤0.01% |
930,816
+100,223
| +12% | +$1.5M |
|
|
GOOD
2115
Gladstone Commercial Corp
GOOD
$604M
| $13.9M | ﹤0.01% |
710,896
+41,731
| +6% | +$789K |
|
2116
Collegium Pharmaceutical
COLL
$1.15B
| $13.9M | ﹤0.01% |
586,275
+60,587
| +12% | +$1.44M |
|
|
EPZM
2117
DELISTED
Epizyme, Inc
EPZM
| $13.9M | ﹤0.01% |
1,591,060
+153,464
| +11% | +$1.59M |
|
|
DMC
2118
Del Monte Corp
DMC
$1.41B
| $13.9M | ﹤0.01% |
483,984
+54,818
| +13% | +$1.46M |
|
|
OSH
2119
DELISTED
Oak Street Health, Inc.
OSH
| $13.9M | ﹤0.01% |
255,314
+192,556
| +307% | +$10.7M |
|
|
ECHO
2120
DELISTED
Echo Global Logistics, Inc.
ECHO
| $13.8M | ﹤0.01% |
440,798
+34,825
| +9% | +$1.01M |
|
2121
Sana Biotechnology
SANA
$885M
| $13.8M | ﹤0.01% |
+412,437
| New | +$13.4M |
|
2122
GoodRx Holdings
GDRX
$1.07B
| $13.8M | ﹤0.01% |
353,696
+12,864
| +4% | +$579K |
|
|
SHOE
2123
Shoe Station Group
SHOE
$419M
| $13.8M | ﹤0.01% |
445,922
+39,594
| +10% | +$976K |
|
2124
Corsair Gaming
CRSR
$1.15B
| $13.8M | ﹤0.01% |
414,230
+121,852
| +42% | +$4.53M |
|
2125
OneSpan
OSPN
$588M
| $13.7M | ﹤0.01% |
561,121
+54,259
| +11% | +$1.33M |
|
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.