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 | |
|---|---|---|---|---|---|---|
2576
GSK
GSK
$106B
| $5.26M | ﹤0.01% |
114,343
-9,038
| -7% | -$415K |
|
2577
Tejon Ranch
TRC
$444M
| $5.25M | ﹤0.01% |
363,582
+68,956
| +23% | +$1.01M |
|
|
ODT
2578
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $5.25M | ﹤0.01% |
273,253
+73,965
| +37% | +$1.14M |
|
2579
Celldex Therapeutics
CLDX
$3.29B
| $5.24M | ﹤0.01% |
299,054
+41,425
| +16% | +$746K |
|
2580
Ooma
OOMA
$599M
| $5.24M | ﹤0.01% |
363,664
+13,462
| +4% | +$199K |
|
2581
Frontline
FRO
$8.7B
| $5.22M | ﹤0.01% |
840,188
+33,627
| +4% | +$216K |
|
2582
Grid Dynamics Holdings
GDYN
$609M
| $5.2M | ﹤0.01% |
412,616
+49,305
| +14% | +$476K |
|
2583
Tidewater
TDW
$4.11B
| $5.19M | ﹤0.01% |
601,092
+6,836
| +1% | +$54.3K |
|
2584
El Pollo Loco
LOCO
$476M
| $5.18M | ﹤0.01% |
286,024
+2,281
| +0.8% | +$38.3K |
|
2585
VSE Corp
VSEC
$6.09B
| $5.17M | ﹤0.01% |
134,433
+1,367
| +1% | +$46.7K |
|
|
TACO
2586
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $5.16M | ﹤0.01% |
569,776
+74,151
| +15% | +$642K |
|
|
CAMP
2587
DELISTED
CalAmp Corp.
CAMP
| $5.15M | ﹤0.01% |
22,585
+343
| +2% | +$69.1K |
|
2588
Distribution Solutions Group
DSGR
$1.61B
| $5.15M | ﹤0.01% |
202,320
+5,170
| +3% | +$123K |
|
|
PRTY
2589
DELISTED
Party City Holdco Inc.
PRTY
| $5.14M | ﹤0.01% |
836,702
+178,510
| +27% | +$694K |
|
2590
UFP Technologies
UFPT
$2.44B
| $5.12M | ﹤0.01% |
109,883
+597
| +0.5% | +$26K |
|
2591
Capital City Bank Group
CCBG
$890M
| $5.11M | ﹤0.01% |
207,813
+997
| +0.5% | +$22.9K |
|
2592
Uranium Energy
UEC
$5.61B
| $5.11M | ﹤0.01% |
2,902,394
+212,005
| +8% | +$250K |
|
|
BPY
2593
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $5.1M | ﹤0.01% |
352,646
+29,798
| +9% | +$437K |
|
2594
Alerus Financial
ALRS
$831M
| $5.1M | ﹤0.01% |
186,229
+8,972
| +5% | +$216K |
|
2595
Vital Farms
VITL
$531M
| $5.09M | ﹤0.01% |
201,111
+36,506
| +22% | +$1.15M |
|
2596
Verastem
VSTM
$553M
| $5.09M | ﹤0.01% |
199,013
+13,913
| +8% | +$280K |
|
2597
Oil States International
OIS
$503M
| $5.07M | ﹤0.01% |
1,010,564
+29,757
| +3% | +$115K |
|
2598
Descartes Systems
DSGX
$6.71B
| $5.07M | ﹤0.01% |
86,653
-2,670
| -3% | -$151K |
|
2599
MBIA
MBI
$262M
| $5.02M | ﹤0.01% |
762,504
-115,341
| -13% | -$750K |
|
2600
HCI Group
HCI
$2.48B
| $5.02M | ﹤0.01% |
95,909
-493
| -0.5% | -$24.9K |
|
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.