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 | |
|---|---|---|---|---|---|---|
2176
Driven Brands
DRVN
$2.4B
| $12.9M | ﹤0.01% |
+507,135
| New | +$14.4M |
|
|
ANAT
2177
DELISTED
American National Group, Inc. Common Stock
ANAT
| $12.9M | ﹤0.01% |
119,464
+7,178
| +6% | +$700K |
|
|
PING
2178
DELISTED
Ping Identity Holding Corp.
PING
| $12.9M | ﹤0.01% |
586,903
+78,277
| +15% | +$2.21M |
|
|
RC
2179
Ready Capital
RC
$276M
| $12.9M | ﹤0.01% |
958,381
+358,307
| +60% | +$4.65M |
|
|
CLDT
2180
Chatham Lodging
CLDT
$614M
| $12.8M | ﹤0.01% |
975,131
+63,186
| +7% | +$803K |
|
2181
Harmonic Inc
HLIT
$1.28B
| $12.8M | ﹤0.01% |
1,635,503
+143,974
| +10% | +$1.14M |
|
|
NPTN
2182
DELISTED
NEOPHOTONICS CORP
NPTN
| $12.8M | ﹤0.01% |
1,072,202
+124,501
| +13% | +$1.41M |
|
2183
Revolve Group
RVLV
$1.86B
| $12.8M | ﹤0.01% |
285,069
+75,780
| +36% | +$3.09M |
|
2184
HSBC
HSBC
$370B
| $12.8M | ﹤0.01% |
438,814
+20,157
| +5% | +$576K |
|
2185
Tucows
TCX
$153M
| $12.8M | ﹤0.01% |
164,943
+16,743
| +11% | +$1.35M |
|
2186
BioLife Solutions
BLFS
$1.57B
| $12.8M | ﹤0.01% |
354,882
+29,515
| +9% | +$1.17M |
|
2187
Advantage Solutions
ADV
$527M
| $12.8M | ﹤0.01% |
43,268
+3,304
| +8% | +$881K |
|
2188
Energy Recovery
ERII
$459M
| $12.8M | ﹤0.01% |
695,909
+81,376
| +13% | +$1.3M |
|
|
CVAC
2189
DELISTED
CureVac
CVAC
| $12.8M | ﹤0.01% |
139,486
+9,555
| +7% | +$927K |
|
2190
Argan
AGX
$8.31B
| $12.8M | ﹤0.01% |
239,110
+22,855
| +11% | +$1.1M |
|
2191
Immunovant
IMVT
$7.91B
| $12.8M | ﹤0.01% |
795,320
+40,830
| +5% | +$1.08M |
|
|
NFBK
2192
DELISTED
Northfield Bancorp
NFBK
| $12.7M | ﹤0.01% |
800,532
+72,017
| +10% | +$1.01M |
|
2193
Inseego
INSG
$120M
| $12.7M | ﹤0.01% |
127,338
+23,134
| +22% | +$3.37M |
|
2194
Alaunos Therapeutics
TCRT
$4.65M
| $12.7M | ﹤0.01% |
23,567
+2,980
| +14% | +$1.86M |
|
|
SP
2195
DELISTED
SP Plus Corporation
SP
| $12.7M | ﹤0.01% |
388,030
+31,338
| +9% | +$1.01M |
|
|
CKH
2196
DELISTED
Seacor Holdings Inc.
CKH
| $12.7M | ﹤0.01% |
311,589
+27,636
| +10% | +$1.16M |
|
|
ARR
2197
Armour Residential REIT
ARR
$2.31B
| $12.7M | ﹤0.01% |
208,025
+17,305
| +9% | +$1.02M |
|
2198
Seer Inc
SEER
$123M
| $12.7M | ﹤0.01% |
253,449
+214,410
| +549% | +$12.5M |
|
2199
Syndax Pharmaceuticals
SNDX
$1.7B
| $12.7M | ﹤0.01% |
566,923
+103,747
| +22% | +$2.34M |
|
|
TBI
2200
Trueblue
TBI
$229M
| $12.6M | ﹤0.01% |
573,406
+57,718
| +11% | +$1.18M |
|
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.