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 | |
|---|---|---|---|---|---|---|
2351
Ethan Allen Interiors
ETD
$608M
| $10.1M | ﹤0.01% |
366,595
+46,752
| +15% | +$1.18M |
|
2352
Futu Holdings
FUTU
$15.3B
| $10.1M | ﹤0.01% |
63,698
+16,268
| +34% | +$2.01M |
|
|
ARCH
2353
DELISTED
Arch Resources, Inc.
ARCH
| $10.1M | ﹤0.01% |
243,122
+20,506
| +9% | +$988K |
|
|
ETWO
2354
DELISTED
E2open Parent Holdings
ETWO
| $10.1M | ﹤0.01% |
+1,013,183
| New | +$10.4M |
|
2355
Veru
VERU
$38M
| $10.1M | ﹤0.01% |
93,617
+16,495
| +21% | +$2.08M |
|
2356
Annexon
ANNX
$873M
| $10.1M | ﹤0.01% |
362,134
+113,489
| +46% | +$3.12M |
|
|
ALBO
2357
DELISTED
Albireo Pharma Inc
ALBO
| $10.1M | ﹤0.01% |
285,978
+28,003
| +11% | +$1.03M |
|
2358
i3 Verticals
IIIV
$427M
| $10.1M | ﹤0.01% |
323,473
+41,900
| +15% | +$1.33M |
|
|
MRC
2359
DELISTED
MRC Global
MRC
| $10.1M | ﹤0.01% |
1,114,870
+98,971
| +10% | +$842K |
|
2360
Hydrofarm Holdings
HYFM
$9.15M
| $10.1M | ﹤0.01% |
16,675
+14,539
| +681% | +$10.2M |
|
2361
Nurix Therapeutics
NRIX
$2.56B
| $10.1M | ﹤0.01% |
323,520
+124,287
| +62% | +$4.7M |
|
|
TCRR
2362
DELISTED
TCR2 Therapeutics Inc. Common Stock
TCRR
| $10.1M | ﹤0.01% |
455,310
+80,912
| +22% | +$2.21M |
|
|
VRTV
2363
DELISTED
VERITIV CORPORATION
VRTV
| $10.1M | ﹤0.01% |
236,286
+29,589
| +14% | +$849K |
|
2364
Broadstone Net Lease
BNL
$4.06B
| $10.1M | ﹤0.01% |
549,230
+4,696
| +0.9% | +$86.7K |
|
2365
Peoples Bancorp
PEBO
$1.5B
| $10.1M | ﹤0.01% |
302,998
+15,595
| +5% | +$499K |
|
|
CIO
2366
DELISTED
City Office REIT
CIO
| $10M | ﹤0.01% |
944,057
+85,610
| +10% | +$874K |
|
|
APPH
2367
DELISTED
AppHarvest, Inc. Common Stock
APPH
| $10M | ﹤0.01% |
+547,354
| New | +$14M |
|
2368
Digi International
DGII
$2.72B
| $10M | ﹤0.01% |
527,305
+67,468
| +15% | +$1.4M |
|
|
NWLI
2369
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $10M | ﹤0.01% |
40,204
+3,756
| +10% | +$806K |
|
|
KLRS
2370
Kalaris Therapeutics
KLRS
$103M
| $10M | ﹤0.01% |
18,591
+5,118
| +38% | +$4.3M |
|
|
KBAL
2371
DELISTED
Kimball International
KBAL
| $9.97M | ﹤0.01% |
712,545
-45,983
| -6% | -$597K |
|
2372
Clearwater Paper
CLW
$369M
| $9.95M | ﹤0.01% |
264,611
+25,298
| +11% | +$1.01M |
|
2373
A10 Networks
ATEN
$2.21B
| $9.95M | ﹤0.01% |
1,035,161
+160,686
| +18% | +$1.57M |
|
2374
Rayonier Advanced Materials
RYAM
$591M
| $9.95M | ﹤0.01% |
1,096,522
+100,572
| +10% | +$865K |
|
|
LDL
2375
DELISTED
Lydall, Inc.
LDL
| $9.94M | ﹤0.01% |
294,674
+27,331
| +10% | +$935K |
|
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.