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 | |
|---|---|---|---|---|---|---|
2101
MGP Ingredients
MGPI
$370M
| $16.5M | ﹤0.01% |
244,665
+16,100
| +7% | +$1.05M |
|
2102
CRH
CRH
$65.6B
| $16.5M | ﹤0.01% |
325,207
+6,354
| +2% | +$318K |
|
2103
TFS Financial
TFSL
$5.17B
| $16.5M | ﹤0.01% |
814,093
-2,104
| -0.3% | -$43.8K |
|
2104
QuinStreet
QNST
$897M
| $16.5M | ﹤0.01% |
889,245
+49,842
| +6% | +$945K |
|
|
PETQ
2105
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $16.5M | ﹤0.01% |
426,583
+71,769
| +20% | +$2.86M |
|
2106
Cars.com
CARS
$676M
| $16.4M | ﹤0.01% |
1,147,252
+49,319
| +4% | +$685K |
|
2107
German American Bancorp
GABC
$1.92B
| $16.4M | ﹤0.01% |
440,728
+12,362
| +3% | +$518K |
|
2108
Coherus Oncology
CHRS
$222M
| $16.4M | ﹤0.01% |
1,183,568
+84,257
| +8% | +$1.19M |
|
|
MCFE
2109
DELISTED
McAfee Corp. Class A Common Stock
MCFE
| $16.3M | ﹤0.01% |
583,466
+58,528
| +11% | +$1.5M |
|
2110
Northern Oil and Gas
NOG
$2.25B
| $16.3M | ﹤0.01% |
784,088
+411,685
| +111% | +$6.71M |
|
|
APPH
2111
DELISTED
AppHarvest, Inc. Common Stock
APPH
| $16.3M | ﹤0.01% |
1,016,211
+468,857
| +86% | +$7.48M |
|
2112
Federal Agricultural Mortgage
AGM
$2.58B
| $16.2M | ﹤0.01% |
163,811
+4,008
| +3% | +$406K |
|
2113
Donnelley Financial Solutions
DFIN
$1.2B
| $16.2M | ﹤0.01% |
489,963
+13,173
| +3% | +$392K |
|
|
SRDX
2114
DELISTED
Surmodics
SRDX
| $16.2M | ﹤0.01% |
297,982
+5,748
| +2% | +$315K |
|
2115
Gildan
GIL
$10.2B
| $16.1M | ﹤0.01% |
441,032
+44,807
| +11% | +$1.57M |
|
2116
Center Bancorp
CNOB
$1.68B
| $16.1M | ﹤0.01% |
616,071
+24,998
| +4% | +$675K |
|
2117
Johnson Outdoors
JOUT
$502M
| $16.1M | ﹤0.01% |
133,109
+250
| +0.2% | +$33.5K |
|
2118
Designer Brands
DBI
$331M
| $16.1M | ﹤0.01% |
972,221
+7,443
| +0.8% | +$131K |
|
2119
Origin Bancorp
OBK
$1.69B
| $16M | ﹤0.01% |
377,816
+4,357
| +1% | +$189K |
|
|
RC
2120
Ready Capital
RC
$276M
| $16M | ﹤0.01% |
1,008,063
+49,682
| +5% | +$736K |
|
|
TTCF
2121
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $16M | ﹤0.01% |
745,628
+435,255
| +140% | +$8.54M |
|
2122
Quince Therapeutics
QNCX
$24.4M
| $16M | ﹤0.01% |
1,509
+212
| +16% | +$1.78M |
|
2123
Qfin Holdings
QFIN
$1.69B
| $16M | ﹤0.01% |
384,223
+257,172
| +202% | +$7.83M |
|
2124
Driven Brands
DRVN
$2.4B
| $16M | ﹤0.01% |
516,055
+8,920
| +2% | +$251K |
|
|
LOVE
2125
DELISTED
LoveSac
LOVE
| $15.9M | ﹤0.01% |
199,736
+27,044
| +16% | +$2.01M |
|
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.