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 | |
|---|---|---|---|---|---|---|
|
ESPR
2201
DELISTED
Esperion Therapeutics
ESPR
| $12.6M | ﹤0.01% |
448,663
+40,791
| +10% | +$1.2M |
|
|
CBB
2202
DELISTED
Cincinnati Bell Inc.
CBB
| $12.6M | ﹤0.01% |
818,623
+82,324
| +11% | +$1.26M |
|
|
ORBC
2203
DELISTED
ORBCOMM, Inc.
ORBC
| $12.5M | ﹤0.01% |
1,642,376
+431,112
| +36% | +$3.39M |
|
2204
Manitowoc
MTW
$514M
| $12.5M | ﹤0.01% |
606,936
+56,795
| +10% | +$939K |
|
2205
Acco Brands
ACCO
$399M
| $12.5M | ﹤0.01% |
1,482,640
+112,039
| +8% | +$965K |
|
|
PETQ
2206
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $12.5M | ﹤0.01% |
354,814
+30,420
| +9% | +$1.08M |
|
2207
Outset Medical
OM
$92.5M
| $12.5M | ﹤0.01% |
15,322
+487
| +3% | +$376K |
|
2208
Arcutis Biotherapeutics
ARQT
$3.24B
| $12.5M | ﹤0.01% |
431,758
+93,606
| +28% | +$2.92M |
|
2209
IES Holdings
IESC
$14.4B
| $12.5M | ﹤0.01% |
247,623
+27,180
| +12% | +$1.31M |
|
|
TPC
2210
Tutor Perini Cor
TPC
$4.51B
| $12.5M | ﹤0.01% |
658,433
+74,375
| +13% | +$1.26M |
|
|
AERI
2211
DELISTED
Aerie Pharmaceuticals
AERI
| $12.5M | ﹤0.01% |
697,287
+67,896
| +11% | +$1.17M |
|
|
BRSL
2212
Brightstar Lottery PLC
BRSL
$1.86B
| $12.4M | ﹤0.01% |
775,126
+59,372
| +8% | +$1.05M |
|
2213
Camden National
CAC
$1B
| $12.4M | ﹤0.01% |
259,633
+21,643
| +9% | +$907K |
|
2214
Universal Electronics
UEIC
$59.6M
| $12.4M | ﹤0.01% |
225,807
+21,844
| +11% | +$1.26M |
|
2215
Central Pacific Financial
CPF
$1.02B
| $12.4M | ﹤0.01% |
464,910
+40,557
| +10% | +$926K |
|
2216
Sportsman's Warehouse
SPWH
$44.9M
| $12.4M | ﹤0.01% |
719,219
+24,579
| +4% | +$428K |
|
2217
Imperial Oil
IMO
$61.1B
| $12.4M | ﹤0.01% |
514,156
+35,274
| +7% | +$778K |
|
|
CAI
2218
DELISTED
CAI International, Inc.
CAI
| $12.4M | ﹤0.01% |
271,711
+27,589
| +11% | +$1.09M |
|
|
XRN
2219
Chiron Real Estate Inc
XRN
$467M
| $12.4M | ﹤0.01% |
188,522
+18,052
| +11% | +$1.2M |
|
2220
Prothena Corp
PRTA
$436M
| $12.3M | ﹤0.01% |
491,581
+27,994
| +6% | +$527K |
|
2221
United Fire Group
UFCS
$1.34B
| $12.3M | ﹤0.01% |
354,255
+31,329
| +10% | +$988K |
|
|
QADA
2222
DELISTED
QAD Inc.
QADA
| $12.3M | ﹤0.01% |
185,063
+18,893
| +11% | +$1.26M |
|
2223
Gates Industrial Corporation Ltd.
GTES
$7.44B
| $12.3M | ﹤0.01% |
770,508
+255,067
| +49% | +$3.94M |
|
2224
uniQure
QURE
$3.06B
| $12.3M | ﹤0.01% |
365,649
+46,623
| +15% | +$1.67M |
|
2225
GFL Environmental
GFL
$15.2B
| $12.3M | ﹤0.01% |
354,673
+43,195
| +14% | +$1.34M |
|
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.