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 | |
|---|---|---|---|---|---|---|
2126
Photronics
PLAB
$1.85B
| $13.7M | ﹤0.01% |
1,067,131
+73,538
| +7% | +$890K |
|
2127
Citi Trends
CTRN
$582M
| $13.7M | ﹤0.01% |
163,774
+4,052
| +3% | +$289K |
|
|
HNGR
2128
DELISTED
Hanger Inc.
HNGR
| $13.7M | ﹤0.01% |
601,006
+53,136
| +10% | +$1.22M |
|
2129
OraSure Technologies
OSUR
$286M
| $13.7M | ﹤0.01% |
1,173,761
+123,487
| +12% | +$1.51M |
|
2130
Artivion
AORT
$1.33B
| $13.7M | ﹤0.01% |
606,260
+55,102
| +10% | +$1.35M |
|
2131
SiriusPoint
SPNT
$2.75B
| $13.7M | ﹤0.01% |
1,344,977
+125,121
| +10% | +$1.27M |
|
2132
Stoneridge
SRI
$210M
| $13.7M | ﹤0.01% |
429,277
+44,805
| +12% | +$1.42M |
|
2133
Innoviva
INVA
$1.53B
| $13.6M | ﹤0.01% |
1,141,341
+135,244
| +13% | +$1.64M |
|
|
AIV
2134
Aimco
AIV
$387M
| $13.6M | ﹤0.01% |
2,219,416
-128,622
| -5% | -$652K |
|
2135
Monarch Casino & Resort
MCRI
$2.24B
| $13.6M | ﹤0.01% |
224,672
+18,028
| +9% | +$1.1M |
|
2136
DMC Global
BOOM
$149M
| $13.6M | ﹤0.01% |
250,333
+23,988
| +11% | +$1.38M |
|
|
BCOV
2137
DELISTED
Brightcove, Inc.
BCOV
| $13.6M | ﹤0.01% |
674,793
+54,228
| +9% | +$1.09M |
|
|
KE
2138
Kimball Electronics
KE
$619M
| $13.6M | ﹤0.01% |
526,187
+66,008
| +14% | +$1.5M |
|
2139
Logitech
LOGI
$15.1B
| $13.6M | ﹤0.01% |
129,894
+608
| +0.5% | +$64K |
|
2140
Banc of California
BANC
$3.05B
| $13.6M | ﹤0.01% |
750,470
+67,981
| +10% | +$1.26M |
|
|
RUTH
2141
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $13.5M | ﹤0.01% |
545,657
+56,106
| +11% | +$1.19M |
|
2142
Bionano Genomics
BNGO
$12.8M
| $13.5M | ﹤0.01% |
2,793
+1,219
| +77% | +$6.87M |
|
2143
Modine Manufacturing
MOD
$10.4B
| $13.5M | ﹤0.01% |
916,625
+87,000
| +10% | +$1.24M |
|
2144
MGP Ingredients
MGPI
$370M
| $13.5M | ﹤0.01% |
228,565
+22,297
| +11% | +$1.35M |
|
2145
Nabors Industries
NBR
$1.25B
| $13.5M | ﹤0.01% |
144,333
+13,220
| +10% | +$1.18M |
|
2146
Nicolet Bankshares
NIC
$3.64B
| $13.5M | ﹤0.01% |
161,482
+11,495
| +8% | +$875K |
|
|
SWI
2147
DELISTED
SolarWinds Corporation Common Stock
SWI
| $13.5M | ﹤0.01% |
731,406
+41,324
| +6% | +$712K |
|
2148
WisdomTree
WT
$3.21B
| $13.4M | ﹤0.01% |
2,139,986
+223,472
| +12% | +$1.28M |
|
2149
StepStone Group
STEP
$3.83B
| $13.3M | ﹤0.01% |
378,363
+59,025
| +18% | +$2.08M |
|
|
AVTA
2150
DELISTED
Avantax, Inc. Common Stock
AVTA
| $13.3M | ﹤0.01% |
801,213
+53,862
| +7% | +$904K |
|
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.