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 | |
|---|---|---|---|---|---|---|
2401
Pulmonx
LUNG
$87M
| $9.42M | ﹤0.01% |
206,026
+6,623
| +3% | +$380K |
|
|
ITOS
2402
DELISTED
iTeos Therapeutics
ITOS
| $9.41M | ﹤0.01% |
275,409
+94,297
| +52% | +$3.41M |
|
|
CMO
2403
DELISTED
Capstead Mortgage Corp.
CMO
| $9.41M | ﹤0.01% |
1,510,446
+97,091
| +7% | +$571K |
|
2404
MediaAlpha
MAX
$758M
| $9.41M | ﹤0.01% |
265,515
+109,519
| +70% | +$5.43M |
|
|
STEL
2405
DELISTED
Stellar Bancorp
STEL
| $9.39M | ﹤0.01% |
305,819
+26,788
| +10% | +$771K |
|
|
MSGN
2406
DELISTED
MSG Networks Inc.
MSGN
| $9.38M | ﹤0.01% |
623,437
-19,116
| -3% | -$320K |
|
2407
Insteel Industries
IIIN
$638M
| $9.38M | ﹤0.01% |
304,016
+13,774
| +5% | +$411K |
|
2408
SunCoke Energy
SXC
$753M
| $9.35M | ﹤0.01% |
1,333,922
+110,007
| +9% | +$679K |
|
2409
Quince Therapeutics
QNCX
$26.8M
| $9.34M | ﹤0.01% |
1,297
+117
| +10% | +$842K |
|
2410
World Acceptance Corp
WRLD
$902M
| $9.33M | ﹤0.01% |
71,872
+1,046
| +1% | +$138K |
|
2411
American Vanguard Corp
AVD
$71.2M
| $9.28M | ﹤0.01% |
454,502
+39,041
| +9% | +$743K |
|
2412
CEL-SCI Corp
CVM
$23.8M
| $9.26M | ﹤0.01% |
20,289
+3,374
| +20% | +$1.84M |
|
2413
Uranium Energy
UEC
$5.2B
| $9.24M | ﹤0.01% |
3,231,629
+329,235
| +11% | +$719K |
|
2414
Astrana Health
ASTH
$1.77B
| $9.23M | ﹤0.01% |
340,711
+39,152
| +13% | +$942K |
|
|
MNRL
2415
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $9.23M | ﹤0.01% |
630,398
+98,777
| +19% | +$1.43M |
|
2416
Omega Flex
OFLX
$311M
| $9.21M | ﹤0.01% |
58,327
+4,584
| +9% | +$721K |
|
2417
Cullinan Oncology
CGEM
$1.08B
| $9.18M | ﹤0.01% |
+220,267
| New | +$8.94M |
|
|
WNS
2418
DELISTED
WNS Holdings
WNS
| $9.16M | ﹤0.01% |
126,477
-3,176
| -2% | -$232K |
|
|
EAR
2419
DELISTED
Eargo, Inc. Common Stock
EAR
| $9.13M | ﹤0.01% |
9,138
+612
| +7% | +$699K |
|
2420
Ennis
EBF
$565M
| $9.12M | ﹤0.01% |
427,171
+28,373
| +7% | +$562K |
|
2421
Lindblad Expeditions
LIND
$2.24B
| $9.11M | ﹤0.01% |
481,921
+51,147
| +12% | +$931K |
|
2422
CVR Energy
CVI
$3.35B
| $9.1M | ﹤0.01% |
474,197
+51,800
| +12% | +$1.05M |
|
|
PRVB
2423
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $9.09M | ﹤0.01% |
865,750
+152,127
| +21% | +$2.14M |
|
2424
Anterix
ATEX
$2.07B
| $9.08M | ﹤0.01% |
192,590
+20,298
| +12% | +$835K |
|
2425
Accel Entertainment
ACEL
$990M
| $9.08M | ﹤0.01% |
830,686
+58,540
| +8% | +$627K |
|
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.