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 | |
|---|---|---|---|---|---|---|
2276
Unitil
UTL
$956M
| $11.3M | ﹤0.01% |
247,199
+19,707
| +9% | +$861K |
|
|
EFC
2277
Ellington Financial
EFC
$1.67B
| $11.3M | ﹤0.01% |
704,492
+93,096
| +15% | +$1.47M |
|
|
CIVI
2278
DELISTED
Civitas Resources
CIVI
| $11.3M | ﹤0.01% |
315,479
+37,138
| +13% | +$1.05M |
|
|
XENT
2279
DELISTED
Intersect ENT, Inc
XENT
| $11.2M | ﹤0.01% |
536,467
+36,679
| +7% | +$846K |
|
|
KDMN
2280
DELISTED
Kadmon Holdings, Inc.
KDMN
| $11.2M | ﹤0.01% |
2,875,705
+289,592
| +11% | +$1.33M |
|
2281
Genesco
GCO
$445M
| $11.1M | ﹤0.01% |
234,491
+19,935
| +9% | +$857K |
|
2282
Chord Energy
CHRD
$7.71B
| $11.1M | ﹤0.01% |
187,356
+141,267
| +307% | +$7.17M |
|
|
RIDE
2283
DELISTED
Lordstown Motors Corp. Class A Common Stock
RIDE
| $11.1M | ﹤0.01% |
63,029
+2,591
| +4% | +$815K |
|
|
ALTA
2284
DELISTED
Altabancorp
ALTA
| $11.1M | ﹤0.01% |
264,698
+2,970
| +1% | +$105K |
|
2285
Hawkins
HWKN
$2.8B
| $11.1M | ﹤0.01% |
331,795
+37,155
| +13% | +$1.14M |
|
2286
NRC Health Common Stock
NRC
$436M
| $11.1M | ﹤0.01% |
237,324
+21,770
| +10% | +$1.06M |
|
2287
York Water
YORW
$498M
| $11.1M | ﹤0.01% |
226,746
+15,747
| +7% | +$718K |
|
2288
Ocugen
OCGN
$434M
| $11.1M | ﹤0.01% |
1,635,172
+418,757
| +34% | +$2.78M |
|
2289
Pliant Therapeutics
PLRX
$64.4M
| $11.1M | ﹤0.01% |
282,132
+133,331
| +90% | +$4.33M |
|
2290
American Well
AMWL
$172M
| $11M | ﹤0.01% |
31,798
+6,314
| +25% | +$3.42M |
|
2291
Central Garden & Pet Co
CENT
$2.75B
| $11M | ﹤0.01% |
238,014
+83,198
| +54% | +$3.13M |
|
2292
Vuzix
VUZI
$213M
| $11M | ﹤0.01% |
433,465
+140,011
| +48% | +$2.27M |
|
|
SNR
2293
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $11M | ﹤0.01% |
1,767,072
+90,752
| +5% | +$531K |
|
|
WTRE
2294
DELISTED
Watford Holdings Ltd. Common Shares
WTRE
| $11M | ﹤0.01% |
317,486
+29,817
| +10% | +$1.04M |
|
2295
Ryanair
RYAAY
$31.6B
| $11M | ﹤0.01% |
238,698
+7,415
| +3% | +$319K |
|
|
CELL
2296
DELISTED
PhenomeX Inc. Common Stock
CELL
| $10.9M | ﹤0.01% |
217,834
+63,596
| +41% | +$4.34M |
|
|
PENG
2297
Penguin Solutions Inc
PENG
$2.95B
| $10.9M | ﹤0.01% |
474,698
+50,220
| +12% | +$1.09M |
|
|
ATRS
2298
DELISTED
Antares Pharma, Inc.
ATRS
| $10.9M | ﹤0.01% |
2,654,791
+211,252
| +9% | +$915K |
|
|
PAND
2299
DELISTED
Pandion Therapeutics Inc. Common Stock
PAND
| $10.9M | ﹤0.01% |
181,708
+92,830
| +104% | +$3.36M |
|
2300
BioXcel Therapeutics
BTAI
$27.2M
| $10.9M | ﹤0.01% |
15,790
+1,775
| +13% | +$1.43M |
|
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.