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 | |
|---|---|---|---|---|---|---|
|
CNCE
2626
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $4.82M | ﹤0.01% |
381,367
+16,050
| +4% | +$183K |
|
2627
Schwab Emerging Markets Equity ETF
SCHE
$12.8B
| – | – |
0
| – | – |
|
2628
Greif Class B
GEF.B
$4.27B
| $4.8M | ﹤0.01% |
99,222
+16,825
| +20% | +$796K |
|
2629
Central Garden & Pet Co
CENT
$2.84B
| $4.78M | ﹤0.01% |
154,816
+14,163
| +10% | +$453K |
|
2630
Methanex
MEOH
$4.21B
| $4.76M | ﹤0.01% |
100,465
+10
| +0% | +$360 |
|
|
IVC
2631
DELISTED
Invacare Corporation
IVC
| $4.74M | ﹤0.01% |
529,351
+15,373
| +3% | +$128K |
|
|
HCCI
2632
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $4.73M | ﹤0.01% |
224,587
+5,672
| +3% | +$105K |
|
|
GATO
2633
DELISTED
Gatos Silver, Inc.
GATO
| $4.73M | ﹤0.01% |
+362,959
| New | +$2.78M |
|
2634
Marcus Corp
MCS
$946M
| $4.72M | ﹤0.01% |
350,314
+18,091
| +5% | +$183K |
|
|
AKUS
2635
DELISTED
Akouos Inc
AKUS
| $4.71M | ﹤0.01% |
237,275
+12,653
| +6% | +$247K |
|
|
TBCH
2636
Turtle Beach Corp
TBCH
$249M
| $4.7M | ﹤0.01% |
218,019
+9,306
| +4% | +$185K |
|
2637
SoundThinking
SSTI
$100M
| $4.69M | ﹤0.01% |
124,461
+4,079
| +3% | +$134K |
|
|
WCN
2638
Waste Connections
WCN
$42B
| $4.68M | ﹤0.01% |
48,538
+3,750
| +8% | +$387K |
|
|
MRNS
2639
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $4.68M | ﹤0.01% |
383,686
+36,888
| +11% | +$514K |
|
|
CCRN
2640
DELISTED
Cross Country Healthcare
CCRN
| $4.67M | ﹤0.01% |
527,142
-13,739
| -3% | -$112K |
|
|
CALA
2641
DELISTED
Calithera Biosciences, Inc
CALA
| $4.67M | ﹤0.01% |
47,596
+411
| +0.9% | +$36K |
|
2642
West Bancorporation
WTBA
$481M
| $4.67M | ﹤0.01% |
242,071
+5,095
| +2% | +$94.8K |
|
|
NOAH
2643
Noah Holdings
NOAH
$597M
| $4.62M | ﹤0.01% |
97,601
+4,499
| +5% | +$145K |
|
2644
Matrix Service
MTRX
$331M
| $4.62M | ﹤0.01% |
419,339
+6,877
| +2% | +$63.4K |
|
|
ATHX
2645
DELISTED
Athersys, Inc. Common Stock
ATHX
| $4.61M | ﹤0.01% |
105,429
+2,294
| +2% | +$104K |
|
|
MTEM
2646
DELISTED
Molecular Templates, Inc.
MTEM
| $4.61M | ﹤0.01% |
32,706
+1,438
| +5% | +$212K |
|
2647
TherapeuticsMD
TXMD
$24.1M
| $4.6M | ﹤0.01% |
76,079
+6,099
| +9% | +$416K |
|
|
QEP
2648
DELISTED
QEP RESOURCES, INC.
QEP
| $4.6M | ﹤0.01% |
1,925,630
+25,128
| +1% | +$37.2K |
|
|
AFIB
2649
DELISTED
Acutus Medical Inc
AFIB
| $4.59M | ﹤0.01% |
159,433
+8,055
| +5% | +$218K |
|
2650
Red Robin
RRGB
$155M
| $4.59M | ﹤0.01% |
238,814
+27,988
| +13% | +$469K |
|
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.