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 | |
|---|---|---|---|---|---|---|
|
MNRL
2201
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $14.5M | ﹤0.01% |
680,132
+49,734
| +8% | +$904K |
|
|
RADI
2202
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $14.5M | ﹤0.01% |
997,586
+484,676
| +94% | +$7.25M |
|
2203
Orthofix Medical
OFIX
$496M
| $14.4M | ﹤0.01% |
359,747
+15,013
| +4% | +$634K |
|
2204
Organogenesis Holdings
ORGO
$301M
| $14.4M | ﹤0.01% |
867,487
+137,375
| +19% | +$2.56M |
|
|
BMTC
2205
DELISTED
Bryn Mawr Bank Corp
BMTC
| $14.4M | ﹤0.01% |
340,328
+4,177
| +1% | +$191K |
|
2206
1-800-Flowers.com
FLWS
$269M
| $14.3M | ﹤0.01% |
449,842
+19,099
| +4% | +$596K |
|
|
AVTA
2207
DELISTED
Avantax, Inc. Common Stock
AVTA
| $14.3M | ﹤0.01% |
827,908
+26,695
| +3% | +$438K |
|
|
MRSN
2208
DELISTED
Mersana Therapeutics
MRSN
| $14.3M | ﹤0.01% |
42,077
+3,755
| +10% | +$1.42M |
|
2209
Simulations Plus
SLP
$370M
| $14.2M | ﹤0.01% |
259,440
+2,443
| +1% | +$140K |
|
|
VRAY
2210
DELISTED
ViewRay, Inc.
VRAY
| $14.2M | ﹤0.01% |
2,158,271
+181,154
| +9% | +$966K |
|
|
NP
2211
DELISTED
Neenah, Inc. Common Stock
NP
| $14.2M | ﹤0.01% |
282,565
+7,693
| +3% | +$411K |
|
|
ZY
2212
DELISTED
Zymergen Inc. Common Stock
ZY
| $14.2M | ﹤0.01% |
+354,303
| New | +$14M |
|
|
ARCH
2213
DELISTED
Arch Resources, Inc.
ARCH
| $14.1M | ﹤0.01% |
248,216
+5,094
| +2% | +$266K |
|
2214
Bank of N.T. Butterfield & Son
NTB
$2.46B
| $14.1M | ﹤0.01% |
398,602
+8,941
| +2% | +$338K |
|
2215
Inseego
INSG
$120M
| $14.1M | ﹤0.01% |
140,031
+12,693
| +10% | +$1.16M |
|
2216
Gates Industrial Corporation Ltd.
GTES
$7.44B
| $14.1M | ﹤0.01% |
781,503
+10,995
| +1% | +$192K |
|
2217
SiriusPoint
SPNT
$2.75B
| $14.1M | ﹤0.01% |
1,400,291
+55,314
| +4% | +$580K |
|
|
SRG
2218
Seritage Growth Properties
SRG
$137M
| $14.1M | ﹤0.01% |
766,023
+61,599
| +9% | +$1.09M |
|
2219
Mitek Systems
MITK
$767M
| $14.1M | ﹤0.01% |
730,725
+25,762
| +4% | +$433K |
|
2220
CarParts.com
PRTS
$44.2M
| $14.1M | ﹤0.01% |
69,115
+11,248
| +19% | +$1.88M |
|
2221
Citi Trends
CTRN
$582M
| $14M | ﹤0.01% |
161,393
-2,381
| -1% | -$219K |
|
2222
Transmedics
TMDX
$2.82B
| $14M | ﹤0.01% |
421,739
+14,783
| +4% | +$410K |
|
2223
Columbia Financial
CLBK
$1.11B
| $14M | ﹤0.01% |
812,465
-50,544
| -6% | -$891K |
|
|
ECHO
2224
DELISTED
Echo Global Logistics, Inc.
ECHO
| $14M | ﹤0.01% |
455,005
+14,207
| +3% | +$469K |
|
|
DSEY
2225
DELISTED
Diversey Holdings, Ltd. Ordinary Shares
DSEY
| $14M | ﹤0.01% |
780,790
+565,990
| +263% | +$9.41M |
|
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.