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 |
Microsoft
MSFT
|
+$786M |
| 2 |
Apple
AAPL
|
+$564M |
| 3 |
Amazon
AMZN
|
+$486M |
| 4 |
Meta Platforms (Facebook)
META
|
+$331M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$327M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sherwin-Williams
SHW
|
+$1.88B |
| 2 |
Alibaba
BABA
|
+$1.21B |
| 3 |
Home Depot
HD
|
+$320M |
| 4 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$274M |
| 5 |
FLIR
FLIR Systems, Inc. (DE) Common Stock
FLIR
|
+$135M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.98% |
| 2 | Financials | 13.87% |
| 3 | Healthcare | 13.39% |
| 4 | Consumer Discretionary | 11.81% |
| 5 | Communication Services | 10.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2451
Turning Point Brands
TPB
$1.58B
| $10.1M | ﹤0.01% |
220,497
+21,321
| +11% | +$986K |
|
|
CCRN
2452
DELISTED
Cross Country Healthcare
CCRN
| $10.1M | ﹤0.01% |
610,168
+20,148
| +3% | +$308K |
|
2453
Hanmi Financial
HAFC
$961M
| $10.1M | ﹤0.01% |
528,331
+10,978
| +2% | +$225K |
|
2454
United Fire Group
UFCS
$1.4B
| $10.1M | ﹤0.01% |
362,782
+8,527
| +2% | +$266K |
|
|
APTS
2455
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $10.1M | ﹤0.01% |
1,031,180
+51,962
| +5% | +$527K |
|
|
TSC
2456
DELISTED
TriState Capital Holdings, Inc.
TSC
| $10M | ﹤0.01% |
492,021
+25,655
| +6% | +$585K |
|
|
PAE
2457
DELISTED
PAE Incorporated Class A Common Stock
PAE
| $10M | ﹤0.01% |
1,125,357
+120,153
| +12% | +$1.03M |
|
|
JOBS
2458
DELISTED
51job Inc
JOBS
| $10M | ﹤0.01% |
129,664
+22,118
| +21% | +$1.54M |
|
2459
DXP Enterprises
DXPE
$2.65B
| $10M | ﹤0.01% |
300,604
+30,921
| +11% | +$955K |
|
2460
Insteel Industries
IIIN
$618M
| $10M | ﹤0.01% |
311,276
+7,260
| +2% | +$251K |
|
|
FRTA
2461
DELISTED
Forterra, Inc
FRTA
| $9.99M | ﹤0.01% |
424,863
-64,457
| -13% | -$1.51M |
|
2462
AnaptysBio
ANAB
$1.6B
| $9.96M | ﹤0.01% |
384,142
-10,273
| -3% | -$246K |
|
|
MCF
2463
DELISTED
Contango Oil & Gas Co.
MCF
| $9.95M | ﹤0.01% |
2,303,034
+312,490
| +16% | +$1.31M |
|
2464
Uranium Energy
UEC
$5.28B
| $9.94M | ﹤0.01% |
3,735,567
+503,938
| +16% | +$1.52M |
|
|
SPPI
2465
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $9.93M | ﹤0.01% |
2,647,265
+244,021
| +10% | +$848K |
|
|
BCOV
2466
DELISTED
Brightcove, Inc.
BCOV
| $9.92M | ﹤0.01% |
691,271
+16,478
| +2% | +$265K |
|
|
CNR
2467
Core Natural Resources Inc
CNR
$4.06B
| $9.91M | ﹤0.01% |
536,408
+57,109
| +12% | +$768K |
|
2468
Comstock Resources
CRK
$3.83B
| $9.87M | ﹤0.01% |
1,479,086
+822,850
| +125% | +$4.74M |
|
|
AHT
2469
Ashford Hospitality Trust
AHT
$21M
| $9.86M | ﹤0.01% |
21,619
+16,660
| +336% | +$6.04M |
|
2470
American Public Education
APEI
$975M
| $9.83M | ﹤0.01% |
346,737
+44,320
| +15% | +$1.34M |
|
2471
Metallus
MTUS
$884M
| $9.82M | ﹤0.01% |
694,376
+13,386
| +2% | +$181K |
|
2472
Precision BioSciences
DTIL
$183M
| $9.78M | ﹤0.01% |
26,040
+2,007
| +8% | +$603K |
|
|
ICPT
2473
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $9.76M | ﹤0.01% |
488,665
+26,125
| +6% | +$518K |
|
2474
Peapack-Gladstone Financial
PGC
$819M
| $9.74M | ﹤0.01% |
313,578
+1,269
| +0.4% | +$40.9K |
|
2475
Midland States Bancorp
MSBI
$721M
| $9.73M | ﹤0.01% |
370,273
-2,653
| -0.7% | -$73.7K |
|
Similar funds
Geode Capital Management's Q2 2021 Portfolio in Review
As of Q2 2021, Geode Capital Management held 4,790 positions worth $726B, up 11% from $654B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Geode Capital Management's Q2 2021 filing shows 331 new, 3,384 increased, 720 reduced and 74 closed positions. Its largest new stake was Organon & Co: 5,070,121 shares worth $153M. The largest sale was Sherwin-Williams, an estimated $1.88B.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 23% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q2 2021 buy was Organon & Co: 5,070,121 shares worth $153M.
- Geode Capital Management added most to Microsoft in Q2 2021, an estimated $786M increase.
- Geode Capital Management's biggest Q2 2021 reduction was Sherwin-Williams, cutting an estimated $1.88B.
- Geode Capital Management fully exited Varian Medical Systems, Inc. in Q2 2021, selling an estimated $274M.
- Geode Capital Management's ten largest holdings make up 22% of its $726B portfolio in Q2 2021.
- Geode Capital Management opened 331 new positions and closed 74 in Q2 2021.
- Geode Capital Management's portfolio value rose 11% quarter-over-quarter to $726B.
Based on Geode Capital Management's 13F filing for Q2 2021, filed 13 Aug 2021.