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 | |
|---|---|---|---|---|---|---|
2226
Interface
TILE
$2.03B
| $12.3M | ﹤0.01% |
983,537
+71,180
| +8% | +$846K |
|
2227
Amneal Pharmaceuticals
AMRX
$6.02B
| $12.3M | ﹤0.01% |
1,821,717
+182,932
| +11% | +$1.01M |
|
2228
Community Trust Bancorp
CTBI
$1.43B
| $12.2M | ﹤0.01% |
277,908
+21,777
| +9% | +$895K |
|
|
OSG
2229
Octave Specialty Group
OSG
$255M
| $12.2M | ﹤0.01% |
730,850
+61,966
| +9% | +$1.01M |
|
2230
Lennar Class B
LEN.B
$20.1B
| $12.1M | ﹤0.01% |
155,227
-14,862
| -9% | -$990K |
|
|
FMTX
2231
DELISTED
Forma Therapeutics Holdings, Inc. Common Stock
FMTX
| $12.1M | ﹤0.01% |
433,287
+138,283
| +47% | +$4.99M |
|
2232
Axogen
AXGN
$2.46B
| $12.1M | ﹤0.01% |
597,665
+56,746
| +10% | +$1.12M |
|
2233
New Fortress Energy
NFE
$95.9M
| $12.1M | ﹤0.01% |
263,742
+10,996
| +4% | +$538K |
|
|
HTBK
2234
DELISTED
Heritage Commerce
HTBK
| $12.1M | ﹤0.01% |
990,830
+89,692
| +10% | +$898K |
|
2235
Amphastar Pharmaceuticals
AMPH
$892M
| $12.1M | ﹤0.01% |
660,413
+86,269
| +15% | +$1.6M |
|
2236
QCR Holdings
QCRH
$1.71B
| $12.1M | ﹤0.01% |
256,054
+17,350
| +7% | +$743K |
|
|
MAGN
2237
Magnera Corp
MAGN
$489M
| $12.1M | ﹤0.01% |
54,153
+5,743
| +12% | +$1.28M |
|
2238
Karyopharm Therapeutics
KPTI
$44.6M
| $12.1M | ﹤0.01% |
76,448
+7,125
| +10% | +$1.5M |
|
|
CMRX
2239
DELISTED
Chimerix, Inc.
CMRX
| $12.1M | ﹤0.01% |
1,250,878
+330,815
| +36% | +$3.04M |
|
2240
AdvanSix
ASIX
$542M
| $12M | ﹤0.01% |
448,734
+41,300
| +10% | +$1.05M |
|
2241
Gildan
GIL
$10.2B
| $12M | ﹤0.01% |
396,225
+28,918
| +8% | +$825K |
|
|
CIR
2242
DELISTED
CIRCOR International, Inc
CIR
| $12M | ﹤0.01% |
345,499
+32,178
| +10% | +$1.16M |
|
|
TRST
2243
Trustco Bank Corp NY
TRST
$975M
| $12M | ﹤0.01% |
326,362
+22,228
| +7% | +$783K |
|
|
LL
2244
DELISTED
LL Flooring Holdings, Inc.
LL
| $12M | ﹤0.01% |
477,617
+46,033
| +11% | +$1.28M |
|
2245
West Fraser Timber
WFG
$5.2B
| $12M | ﹤0.01% |
+167,705
| New | +$11.3M |
|
|
MCFE
2246
DELISTED
McAfee Corp. Class A Common Stock
MCFE
| $11.9M | ﹤0.01% |
524,938
-6,953
| -1% | -$145K |
|
2247
PetMed Express
PETS
$42.3M
| $11.9M | ﹤0.01% |
338,935
-11,617
| -3% | -$404K |
|
|
GOEV
2248
DELISTED
Canoo Inc. Class A Common Stock
GOEV
| $11.9M | ﹤0.01% |
+2,863
| New | +$19.6M |
|
2249
1-800-Flowers.com
FLWS
$269M
| $11.9M | ﹤0.01% |
430,743
+50,634
| +13% | +$1.5M |
|
2250
Dillards
DDS
$9.57B
| $11.9M | ﹤0.01% |
123,140
+9,426
| +8% | +$766K |
|
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.