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 | |
|---|---|---|---|---|---|---|
2301
First Mid Bancshares
FMBH
$1.4B
| $10.9M | ﹤0.01% |
248,207
+31,204
| +14% | +$1.18M |
|
2302
Seaboard Corp
SEB
$4.21B
| $10.9M | ﹤0.01% |
2,944
+79
| +3% | +$265K |
|
|
FSP
2303
Franklin Street Properties
FSP
$48.4M
| $10.9M | ﹤0.01% |
1,992,106
+172,835
| +10% | +$861K |
|
|
MOMO
2304
Hello Group
MOMO
$882M
| $10.9M | ﹤0.01% |
740,935
+57,674
| +8% | +$934K |
|
2305
Haverty Furniture Companies
HVT
$455M
| $10.8M | ﹤0.01% |
291,726
+24,590
| +9% | +$850K |
|
|
TRTX
2306
TPG RE Finance Trust
TRTX
$614M
| $10.8M | ﹤0.01% |
966,955
+109,360
| +13% | +$1.2M |
|
|
VBIV
2307
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $10.8M | ﹤0.01% |
116,011
+17,205
| +17% | +$1.74M |
|
2308
OrthoPediatrics
KIDS
$536M
| $10.8M | ﹤0.01% |
221,881
+21,184
| +11% | +$1.02M |
|
|
ECOM
2309
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $10.8M | ﹤0.01% |
458,926
+60,819
| +15% | +$1.34M |
|
2310
The Joint Corp
JYNT
$118M
| $10.8M | ﹤0.01% |
223,345
+22,109
| +11% | +$829K |
|
2311
Sterling Infrastructure
STRL
$16.6B
| $10.8M | ﹤0.01% |
465,412
+30,076
| +7% | +$655K |
|
|
VNET
2312
VNET Group
VNET
$2.06B
| $10.8M | ﹤0.01% |
336,117
+239,633
| +248% | +$8.83M |
|
2313
American Public Education
APEI
$980M
| $10.8M | ﹤0.01% |
302,417
+61,635
| +26% | +$1.93M |
|
|
TSC
2314
DELISTED
TriState Capital Holdings, Inc.
TSC
| $10.8M | ﹤0.01% |
466,366
+64,974
| +16% | +$1.44M |
|
2315
Ducommun
DCO
$2.89B
| $10.7M | ﹤0.01% |
178,923
+15,682
| +10% | +$876K |
|
2316
Ecovyst
ECVT
$1.33B
| $10.7M | ﹤0.01% |
642,524
+64,430
| +11% | +$1.02M |
|
2317
Nkarta
NKTX
$162M
| $10.7M | ﹤0.01% |
326,081
+59,947
| +23% | +$2.86M |
|
|
FFIC
2318
DELISTED
Flushing Financial
FFIC
| $10.7M | ﹤0.01% |
504,562
+47,924
| +10% | +$990K |
|
2319
Keros Therapeutics
KROS
$203M
| $10.7M | ﹤0.01% |
174,021
+16,561
| +11% | +$1.05M |
|
|
ICPT
2320
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $10.7M | ﹤0.01% |
462,540
+57,413
| +14% | +$1.6M |
|
2321
XP
XP
$8.77B
| $10.6M | ﹤0.01% |
282,009
+12,188
| +5% | +$520K |
|
2322
PC Connection
CNXN
$2.19B
| $10.6M | ﹤0.01% |
228,859
+1,780
| +0.8% | +$88K |
|
|
WIFI
2323
DELISTED
Boingo Wireless, Inc.
WIFI
| $10.6M | ﹤0.01% |
753,658
+68,623
| +10% | +$895K |
|
|
CNR
2324
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $10.6M | ﹤0.01% |
755,054
+56,089
| +8% | +$680K |
|
|
LGTY
2325
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $10.6M | ﹤0.01% |
511,571
+77,231
| +18% | +$1.55M |
|
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.