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 | |
|---|---|---|---|---|---|---|
|
PAE
2426
DELISTED
PAE Incorporated Class A Common Stock
PAE
| $9.07M | ﹤0.01% |
1,005,204
+132,710
| +15% | +$1.18M |
|
2427
Par Pacific Holdings
PARR
$4.16B
| $9.04M | ﹤0.01% |
640,590
+53,003
| +9% | +$824K |
|
2428
Angi Inc
ANGI
$251M
| $9.03M | ﹤0.01% |
69,454
+2,139
| +3% | +$310K |
|
2429
Oppenheimer Holdings
OPY
$1.25B
| $9.03M | ﹤0.01% |
225,360
+27,439
| +14% | +$1.02M |
|
2430
Bentley Systems
BSY
$11B
| $9M | ﹤0.01% |
191,766
+9,845
| +5% | +$450K |
|
2431
Waterstone Financial
WSBF
$378M
| $8.97M | ﹤0.01% |
439,436
+17,735
| +4% | +$351K |
|
|
TRUE
2432
DELISTED
TrueCar
TRUE
| $8.97M | ﹤0.01% |
1,874,281
+376,730
| +25% | +$1.87M |
|
2433
MiMedx Group
MDXG
$622M
| $8.96M | ﹤0.01% |
869,946
-37,615
| -4% | -$363K |
|
2434
Accuray
ARAY
$37.2M
| $8.93M | ﹤0.01% |
1,803,487
+316,490
| +21% | +$1.63M |
|
2435
FuboTV Inc
FUBO
$281M
| $8.93M | ﹤0.01% |
33,632
-1,184
| -3% | -$508K |
|
2436
BlackBerry
BB
$5.2B
| $8.91M | ﹤0.01% |
1,071,642
+71,521
| +7% | +$802K |
|
2437
Financial Institutions
FISI
$841M
| $8.86M | ﹤0.01% |
292,652
+16,274
| +6% | +$440K |
|
|
RNAM
2438
DELISTED
Avidity Biosciences
RNAM
| $8.85M | ﹤0.01% |
405,674
+140,086
| +53% | +$3.43M |
|
2439
National Presto Industries
NPK
$975M
| $8.84M | ﹤0.01% |
86,650
+9,801
| +13% | +$964K |
|
2440
Independent Bank Corp
IBCP
$792M
| $8.83M | ﹤0.01% |
373,566
+19,421
| +5% | +$411K |
|
|
FFG
2441
DELISTED
FBL Financial Group
FFG
| $8.82M | ﹤0.01% |
157,712
+14,483
| +10% | +$818K |
|
2442
Akebia Therapeutics
AKBA
$354M
| $8.8M | ﹤0.01% |
2,598,807
+374,236
| +17% | +$1.35M |
|
2443
Viant Technology
DSP
$256M
| $8.78M | ﹤0.01% |
+165,933
| New | +$8.53M |
|
2444
Liberty Media Series A
FWONA
$22.2B
| $8.72M | ﹤0.01% |
238,447
-26,485
| -10% | -$988K |
|
|
KC
2445
Kingsoft Cloud Holdings
KC
$3.92B
| $8.71M | ﹤0.01% |
223,108
+34,803
| +18% | +$1.85M |
|
2446
Astronics
ATRO
$3.73B
| $8.71M | ﹤0.01% |
579,131
+53,937
| +10% | +$697K |
|
2447
ATN International
ATNI
$387M
| $8.7M | ﹤0.01% |
177,187
+12,035
| +7% | +$570K |
|
|
VXRT
2448
DELISTED
Vaxart
VXRT
| $8.7M | ﹤0.01% |
1,438,299
+202,575
| +16% | +$1.56M |
|
2449
Mercantile Bank Corp
MBWM
$1.07B
| $8.7M | ﹤0.01% |
267,855
+12,590
| +5% | +$379K |
|
|
CUTR
2450
DELISTED
Cutera, Inc.
CUTR
| $8.68M | ﹤0.01% |
288,700
+28,622
| +11% | +$846K |
|
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.