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 | |
|---|---|---|---|---|---|---|
2451
PDF Solutions
PDFS
$2.14B
| $8.64M | ﹤0.01% |
486,185
+40,315
| +9% | +$799K |
|
2452
Golar LNG
GLNG
$5B
| $8.64M | ﹤0.01% |
844,329
+154,177
| +22% | +$1.73M |
|
2453
Prelude Therapeutics
PRLD
$350M
| $8.63M | ﹤0.01% |
199,191
+7,563
| +4% | +$502K |
|
|
CATC
2454
DELISTED
CAMBRIDGE BANCORP
CATC
| $8.62M | ﹤0.01% |
102,246
+7,005
| +7% | +$549K |
|
2455
Miller Industries
MLR
$572M
| $8.61M | ﹤0.01% |
186,435
+13,795
| +8% | +$578K |
|
|
VRAY
2456
DELISTED
ViewRay, Inc.
VRAY
| $8.6M | ﹤0.01% |
1,977,117
+289,989
| +17% | +$1.41M |
|
2457
Gaotu Techedu
GOTU
$458M
| $8.6M | ﹤0.01% |
256,011
+31,366
| +14% | +$2.55M |
|
2458
Forestar Group
FOR
$1.47B
| $8.59M | ﹤0.01% |
368,962
+40,471
| +12% | +$906K |
|
2459
OneSpaWorld
OSW
$2.68B
| $8.59M | ﹤0.01% |
806,254
+71,774
| +10% | +$725K |
|
2460
Titan Machinery
TITN
$423M
| $8.58M | ﹤0.01% |
336,507
+21,620
| +7% | +$520K |
|
2461
Gogo Inc
GOGO
$606M
| $8.57M | ﹤0.01% |
887,426
+77,895
| +10% | +$925K |
|
|
KREF
2462
KKR Real Estate Finance Trust
KREF
$465M
| $8.56M | ﹤0.01% |
465,653
+50,551
| +12% | +$927K |
|
|
ACBI
2463
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $8.56M | ﹤0.01% |
355,227
-7,202
| -2% | -$147K |
|
|
ORC
2464
Orchid Island Capital
ORC
$1.29B
| $8.55M | ﹤0.01% |
284,548
+77,856
| +38% | +$2.18M |
|
2465
Ardelyx
ARDX
$1.23B
| $8.51M | ﹤0.01% |
1,285,322
+124,174
| +11% | +$852K |
|
2466
SSR Mining
SSRM
$5.6B
| $8.5M | ﹤0.01% |
598,376
+67,636
| +13% | +$1.11M |
|
2467
AnaptysBio
ANAB
$1.59B
| $8.5M | ﹤0.01% |
394,415
+37,601
| +11% | +$949K |
|
2468
IMAX
IMAX
$2.8B
| $8.48M | ﹤0.01% |
422,159
+76,127
| +22% | +$1.52M |
|
2469
Phibro Animal Health
PAHC
$1.51B
| $8.48M | ﹤0.01% |
347,431
+48,474
| +16% | +$1.09M |
|
2470
Relmada Therapeutics
RLMD
$556M
| $8.42M | ﹤0.01% |
239,272
+33,585
| +16% | +$1.17M |
|
2471
International Seaways
INSW
$4.71B
| $8.41M | ﹤0.01% |
433,877
+54,717
| +14% | +$1.01M |
|
|
KALV
2472
DELISTED
KalVista Pharmaceuticals
KALV
| $8.41M | ﹤0.01% |
327,267
+101,848
| +45% | +$2.68M |
|
|
AKTS
2473
DELISTED
Akoustis Technologies Inc
AKTS
| $8.38M | ﹤0.01% |
628,280
+142,876
| +29% | +$2.07M |
|
|
BTRS
2474
DELISTED
BTRS Holdings Inc. Class 1 Common Stock
BTRS
| $8.37M | ﹤0.01% |
+578,761
| New | +$9.68M |
|
2475
Liberty Latin America Class A
LILA
$1.69B
| $8.34M | ﹤0.01% |
957,024
+95,720
| +11% | +$788K |
|
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.