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 | |
|---|---|---|---|---|---|---|
201
Marathon Petroleum
MPC
$91.7B
| $670M | 0.09% |
11,125,910
+217,017
| +2% | +$12.7M |
|
202
Xcel Energy
XEL
$48.8B
| $670M | 0.09% |
10,200,772
+267,281
| +3% | +$18.6M |
|
203
HP
HPQ
$24.6B
| $670M | 0.09% |
22,250,008
-91,431
| -0.4% | -$2.92M |
|
204
American Electric Power
AEP
$69.5B
| $660M | 0.09% |
7,827,164
+226,075
| +3% | +$19.5M |
|
|
BNY
205
Bank of New York Mellon
BNY
$106B
| $659M | 0.09% |
12,910,747
+55,055
| +0.4% | +$2.75M |
|
206
Fortinet
FTNT
$113B
| $658M | 0.09% |
13,839,615
+606,930
| +5% | +$25.9M |
|
207
Otis Worldwide
OTIS
$27.3B
| $657M | 0.09% |
8,051,334
+495,981
| +7% | +$38.2M |
|
208
Centene
CNC
$30.1B
| $657M | 0.09% |
9,030,717
+309,675
| +4% | +$21.2M |
|
209
General Dynamics
GD
$103B
| $652M | 0.09% |
3,473,496
-49,981
| -1% | -$9.43M |
|
210
Cummins
CMI
$87.3B
| $648M | 0.09% |
2,665,065
+39,451
| +2% | +$10.1M |
|
211
AutoZone
AZO
$49.1B
| $644M | 0.09% |
432,401
+3,048
| +0.7% | +$4.42M |
|
212
Aflac
AFL
$64.8B
| $642M | 0.09% |
12,004,727
+1,685,100
| +16% | +$91.9M |
|
213
Phillips 66
PSX
$84.4B
| $638M | 0.09% |
7,459,489
+1,109,917
| +17% | +$93.7M |
|
|
XLNX
214
DELISTED
Xilinx Inc
XLNX
| $635M | 0.09% |
4,400,048
+77,718
| +2% | +$9.88M |
|
215
TE Connectivity
TEL
$59.9B
| $633M | 0.09% |
4,700,887
+121,488
| +3% | +$16.3M |
|
216
Rockwell Automation
ROK
$52.4B
| $633M | 0.09% |
2,217,261
+54,774
| +3% | +$14.8M |
|
217
International Flavors & Fragrances
IFF
$20.3B
| $630M | 0.09% |
4,231,640
+100,605
| +2% | +$14.4M |
|
218
Twilio
TWLO
$29B
| $630M | 0.09% |
1,600,275
-189,008
| -11% | -$65.6M |
|
219
Sempra
SRE
$58.6B
| $629M | 0.09% |
9,528,564
+630,084
| +7% | +$43.1M |
|
220
Motorola Solutions
MSI
$71.5B
| $626M | 0.09% |
2,894,178
+75,848
| +3% | +$15.1M |
|
221
Yum! Brands
YUM
$43.3B
| $625M | 0.09% |
5,444,274
+737,016
| +16% | +$86.9M |
|
222
Kinder Morgan
KMI
$70.5B
| $622M | 0.09% |
34,240,604
+2,868,638
| +9% | +$51.1M |
|
223
Baxter International
BAX
$13.8B
| $620M | 0.09% |
7,728,860
+451,813
| +6% | +$37.9M |
|
224
Corteva
CTVA
$59.8B
| $620M | 0.09% |
14,017,942
+795,174
| +6% | +$36.7M |
|
225
CrowdStrike
CRWD
$189B
| $619M | 0.09% |
9,871,868
+801,300
| +9% | +$43.1M |
|
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.