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 | |
|---|---|---|---|---|---|---|
2601
Team
TISI
$78.2M
| $5.01M | ﹤0.01% |
46,011
+1,111
| +2% | +$91.3K |
|
|
CIXX
2602
DELISTED
CI Financial Corp.
CIXX
| $5.01M | ﹤0.01% |
+402,212
| New | +$5.22M |
|
2603
CNB Financial Corp
CCNE
$1.04B
| $4.99M | ﹤0.01% |
234,522
+9,016
| +4% | +$173K |
|
2604
Lands' End
LE
$397M
| $4.99M | ﹤0.01% |
231,121
+6,313
| +3% | +$116K |
|
|
TPCO
2605
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $4.99M | ﹤0.01% |
363,922
+82,874
| +29% | +$1.02M |
|
2606
Pulse Biosciences
PLSE
$2.67B
| $4.98M | ﹤0.01% |
208,766
+10,443
| +5% | +$166K |
|
2607
KRONOS Worldwide
KRO
$954M
| $4.97M | ﹤0.01% |
333,666
+4,181
| +1% | +$59K |
|
2608
CytomX Therapeutics
CTMX
$729M
| $4.97M | ﹤0.01% |
758,314
+5,150
| +0.7% | +$36.8K |
|
2609
Dyne Therapeutics
DYN
$4.8B
| $4.96M | ﹤0.01% |
+236,005
| New | +$4.67M |
|
2610
Wave Life Sciences
WVE
$1.19B
| $4.95M | ﹤0.01% |
629,057
+310,515
| +97% | +$2.61M |
|
2611
Aligos Therapeutics
ALGS
$33.1M
| $4.94M | ﹤0.01% |
+7,148
| New | +$3.48M |
|
2612
Cadiz
CDZI
$271M
| $4.94M | ﹤0.01% |
463,838
+40,837
| +10% | +$409K |
|
|
INBX
2613
DELISTED
Inhibrx, Inc. Common Stock
INBX
| $4.93M | ﹤0.01% |
149,550
+129,465
| +645% | +$3.44M |
|
|
STFC
2614
DELISTED
State Auto Financial Corp
STFC
| $4.93M | ﹤0.01% |
277,869
-20,001
| -7% | -$303K |
|
|
LTRPA
2615
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $4.92M | ﹤0.01% |
1,132,822
+32,089
| +3% | +$86.8K |
|
2616
Napco Security Technologies
NSSC
$1.46B
| $4.91M | ﹤0.01% |
374,284
+14,806
| +4% | +$200K |
|
2617
Bar Harbor Bankshares
BHB
$673M
| $4.89M | ﹤0.01% |
216,585
+238
| +0.1% | +$5.42K |
|
|
SFT
2618
DELISTED
Shift Technologies, Inc. Class A Common Stock
SFT
| $4.89M | ﹤0.01% |
+59,143
| New | +$5.48M |
|
|
MGI
2619
DELISTED
MoneyGram International, Inc. New
MGI
| $4.87M | ﹤0.01% |
891,244
+119,574
| +15% | +$671K |
|
|
RVI
2620
DELISTED
Retail Value Inc. Common Shares
RVI
| $4.86M | ﹤0.01% |
3,560,197
+820,774
| +30% | +$1.05M |
|
|
HTB
2621
HomeTrust Bancshares
HTB
$860M
| $4.85M | ﹤0.01% |
251,141
+6,075
| +2% | +$105K |
|
|
PARAA
2622
DELISTED
Paramount Global Class A
PARAA
| $4.84M | ﹤0.01% |
128,114
-11,344
| -8% | -$379K |
|
2623
FRP Holdings
FRPH
$408M
| $4.84M | ﹤0.01% |
212,602
-1,794
| -0.8% | -$39.4K |
|
2624
Equity Bancshares
EQBK
$1.05B
| $4.83M | ﹤0.01% |
223,906
-276
| -0.1% | -$5.37K |
|
|
BRG
2625
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $4.82M | ﹤0.01% |
380,754
+29,128
| +8% | +$281K |
|
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.