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 |
Tesla
TSLA
|
+$2.41B |
| 2 |
American Tower
AMT
|
+$272M |
| 3 |
Microsoft
MSFT
|
+$271M |
| 4 |
Zoom
ZM
|
+$245M |
| 5 |
SCHW
Charles Schwab
SCHW
|
+$223M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TIF
Tiffany & Co.
TIF
|
+$206M |
| 2 |
IMMU
Immunomedics Inc
IMMU
|
+$200M |
| 3 |
ETFC
E*Trade Financial Corporation
ETFC
|
+$186M |
| 4 |
AMTD
TD Ameritrade Holding Corp
AMTD
|
+$151M |
| 5 |
Pfizer
PFE
|
+$131M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.25% |
| 2 | Healthcare | 13.6% |
| 3 | Financials | 13.05% |
| 4 | Consumer Discretionary | 12.39% |
| 5 | Communication Services | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
C4 Therapeutics
CCCC
$405M
| $6.27M | ﹤0.01% |
+189,251
| New | +$5.49M |
|
|
DRRX
2477
DELISTED
DURECT Corp
DRRX
| $6.25M | ﹤0.01% |
301,881
+6,374
| +2% | +$121K |
|
|
ONT
2478
Onterris Inc
ONT
$549M
| $6.25M | ﹤0.01% |
201,803
+71,962
| +55% | +$2.05M |
|
2479
IMAX
IMAX
$2.77B
| $6.24M | ﹤0.01% |
346,032
+16,605
| +5% | +$229K |
|
|
AKRO
2480
DELISTED
Akero Therapeutics
AKRO
| $6.23M | ﹤0.01% |
241,662
+7,792
| +3% | +$217K |
|
2481
Akebia Therapeutics
AKBA
$263M
| $6.23M | ﹤0.01% |
2,224,571
+67,953
| +3% | +$198K |
|
2482
Annexon
ANNX
$891M
| $6.22M | ﹤0.01% |
248,645
+19,728
| +9% | +$508K |
|
2483
Oppenheimer Holdings
OPY
$1.25B
| $6.22M | ﹤0.01% |
197,921
+3,069
| +2% | +$86.5K |
|
2484
Financial Institutions
FISI
$839M
| $6.22M | ﹤0.01% |
276,378
+4,159
| +2% | +$80.6K |
|
2485
Fossil Group
FOSL
$346M
| $6.21M | ﹤0.01% |
716,801
+13,367
| +2% | +$112K |
|
2486
Accuray
ARAY
$33.5M
| $6.2M | ﹤0.01% |
1,486,997
-4,733
| -0.3% | -$17.4K |
|
|
CNSL
2487
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $6.19M | ﹤0.01% |
1,266,426
+15,886
| +1% | +$83.4K |
|
2488
International Seaways
INSW
$4.67B
| $6.19M | ﹤0.01% |
379,160
+18,633
| +5% | +$299K |
|
|
HGEN
2489
DELISTED
HUMANIGEN, INC.
HGEN
| $6.19M | ﹤0.01% |
+353,828
| New | +$4.23M |
|
2490
Allient
ALNT
$1.79B
| $6.17M | ﹤0.01% |
181,068
+3,952
| +2% | +$116K |
|
2491
Titan Machinery
TITN
$453M
| $6.16M | ﹤0.01% |
314,887
+18,879
| +6% | +$324K |
|
|
ITOS
2492
DELISTED
iTeos Therapeutics
ITOS
| $6.13M | ﹤0.01% |
181,112
+30,816
| +21% | +$816K |
|
|
MORF
2493
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $6.12M | ﹤0.01% |
182,559
+22,594
| +14% | +$668K |
|
2494
Itaú Unibanco
ITUB
$91.5B
| $6.12M | ﹤0.01% |
1,380,623
-100,887
| -7% | -$377K |
|
2495
REX American Resources
REX
$1.45B
| $6.11M | ﹤0.01% |
499,038
+1,326
| +0.3% | +$17.4K |
|
2496
Sea Limited
SE
$68.4B
| $6.11M | ﹤0.01% |
30,696
+7,492
| +32% | +$1.33M |
|
2497
Future Fuel
FF
$217M
| $6.1M | ﹤0.01% |
480,569
+9,630
| +2% | +$116K |
|
|
LOGC
2498
DELISTED
ContextLogic
LOGC
| $6.1M | ﹤0.01% |
+11,152
| New | +$6.88M |
|
2499
Midland States Bancorp
MSBI
$712M
| $6.09M | ﹤0.01% |
341,087
+2,099
| +0.6% | +$34.2K |
|
2500
MediaAlpha
MAX
$738M
| $6.09M | ﹤0.01% |
+155,996
| New | +$6.05M |
|
Similar funds
Geode Capital Management's Q4 2020 Portfolio in Review
As of Q4 2020, Geode Capital Management held 4,369 positions worth $596B, up 17% from $510B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Geode Capital Management's Q4 2020 filing shows 215 new, 3,067 increased, 650 reduced and 100 closed positions. Its largest new stake was Apartment Income REIT Corp.: 2,223,585 shares worth $85.4M. The largest sale was Tiffany & Co., an estimated $206M.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 24% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q4 2020 buy was Apartment Income REIT Corp.: 2,223,585 shares worth $85.4M.
- Geode Capital Management added most to Tesla in Q4 2020, an estimated $2.41B increase.
- Geode Capital Management's biggest Q4 2020 reduction was Pfizer, cutting an estimated $131M.
- Geode Capital Management fully exited Tiffany & Co. in Q4 2020, selling an estimated $206M.
- Geode Capital Management's ten largest holdings make up 22% of its $596B portfolio in Q4 2020.
- Geode Capital Management opened 215 new positions and closed 100 in Q4 2020.
- Geode Capital Management's portfolio value rose 17% quarter-over-quarter to $596B.
Based on Geode Capital Management's 13F filing for Q4 2020, filed 12 Feb 2021.