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 | |
|---|---|---|---|---|---|---|
|
BNFT
2501
DELISTED
Benefitfocus, Inc.
BNFT
| $6.08M | ﹤0.01% |
419,591
-18,730
| -4% | -$228K |
|
2502
Microvision
MVIS
$78.2M
| $6.06M | ﹤0.01% |
75,088
+8,677
| +13% | +$383K |
|
2503
Ranpak Holdings
PACK
$462M
| $6.02M | ﹤0.01% |
447,644
+44,268
| +11% | +$487K |
|
|
OLP
2504
One Liberty Properties
OLP
$529M
| $5.99M | ﹤0.01% |
298,674
+54,933
| +23% | +$984K |
|
|
HT
2505
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $5.99M | ﹤0.01% |
758,734
+12,822
| +2% | +$87.4K |
|
|
CBAY
2506
DELISTED
Cymabay Therapeutics
CBAY
| $5.97M | ﹤0.01% |
1,039,565
+22,815
| +2% | +$173K |
|
2507
Hackett Group
HCKT
$274M
| $5.96M | ﹤0.01% |
414,435
-9,099
| -2% | -$126K |
|
2508
Clear Channel Outdoor Holdings
CCO
$1.23B
| $5.94M | ﹤0.01% |
3,602,522
+491,784
| +16% | +$619K |
|
|
GDEN
2509
DELISTED
Golden Entertainment
GDEN
| $5.94M | ﹤0.01% |
298,893
-1,967
| -0.7% | -$31.6K |
|
|
AKTS
2510
DELISTED
Akoustis Technologies Inc
AKTS
| $5.94M | ﹤0.01% |
485,404
+50,517
| +12% | +$443K |
|
|
DX
2511
Dynex Capital
DX
$3.2B
| $5.92M | ﹤0.01% |
332,726
+17,279
| +5% | +$295K |
|
2512
Clarus
CLAR
$130M
| $5.92M | ﹤0.01% |
384,473
+26,041
| +7% | +$396K |
|
2513
CEL-SCI Corp
CVM
$26.6M
| $5.92M | ﹤0.01% |
16,915
+832
| +5% | +$328K |
|
2514
Republic Bancorp
RBCAA
$1.97B
| $5.9M | ﹤0.01% |
163,580
+890
| +0.5% | +$31K |
|
2515
Phathom Pharmaceuticals
PHAT
$674M
| $5.89M | ﹤0.01% |
177,474
-4,125
| -2% | -$167K |
|
2516
Bank First Corp
BFC
$1.73B
| $5.89M | ﹤0.01% |
90,809
+3,019
| +3% | +$198K |
|
|
MNRL
2517
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $5.84M | ﹤0.01% |
531,621
+73,446
| +16% | +$758K |
|
|
FBM
2518
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $5.82M | ﹤0.01% |
302,799
+20,565
| +7% | +$362K |
|
2519
Vishay Precision Group
VPG
$949M
| $5.82M | ﹤0.01% |
184,727
+2,855
| +2% | +$80.6K |
|
2520
argenx
ARGX
$54.4B
| $5.81M | ﹤0.01% |
19,772
-410
| -2% | -$113K |
|
|
HMHC
2521
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $5.81M | ﹤0.01% |
1,746,164
+127,719
| +8% | +$380K |
|
2522
Hooker Furnishings Corp
HOFT
$162M
| $5.81M | ﹤0.01% |
180,137
+5,109
| +3% | +$155K |
|
2523
Phibro Animal Health
PAHC
$1.45B
| $5.8M | ﹤0.01% |
298,957
-8,476
| -3% | -$156K |
|
2524
Astronics
ATRO
$3.85B
| $5.79M | ﹤0.01% |
525,194
-4,125
| -0.8% | -$33.8K |
|
2525
DHT Holdings
DHT
$3.01B
| $5.77M | ﹤0.01% |
1,103,381
+30,019
| +3% | +$157K |
|
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.