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 | |
|---|---|---|---|---|---|---|
|
PCSB
2701
DELISTED
PCSB Financial Corporation
PCSB
| $4.11M | ﹤0.01% |
257,736
+771
| +0.3% | +$11.4K |
|
|
ICAD
2702
DELISTED
iCAD Inc
ICAD
| $4.11M | ﹤0.01% |
311,118
+9,829
| +3% | +$106K |
|
2703
Preformed Line Products
PLPC
$2.37B
| $4.09M | ﹤0.01% |
59,814
+876
| +1% | +$50.7K |
|
|
CCRD
2704
DELISTED
CoreCard
CCRD
| $4.09M | ﹤0.01% |
101,953
+7,100
| +7% | +$280K |
|
|
LORL
2705
DELISTED
Loral Space and Communications, Inc.
LORL
| $4.09M | ﹤0.01% |
194,798
-6,688
| -3% | -$136K |
|
2706
KALA BIO
KALA
$14.1M
| $4.08M | ﹤0.01% |
241
+8
| +3% | +$151K |
|
2707
ANI Pharmaceuticals
ANIP
$1.86B
| $4.08M | ﹤0.01% |
140,414
-4,586
| -3% | -$131K |
|
|
CNBKA
2708
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $4.07M | ﹤0.01% |
52,595
+235
| +0.4% | +$17.6K |
|
2709
Movado Group
MOV
$859M
| $4.06M | ﹤0.01% |
244,186
+4,656
| +2% | +$66.5K |
|
2710
Transcat
TRNS
$870M
| $4.05M | ﹤0.01% |
116,724
+1,619
| +1% | +$50.7K |
|
|
SCU
2711
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $4.04M | ﹤0.01% |
265,588
+606
| +0.2% | +$7.99K |
|
2712
InfuSystem Holdings
INFU
$234M
| $4.03M | ﹤0.01% |
214,735
+18,527
| +9% | +$279K |
|
2713
SFL Corp
SFL
$1.62B
| $4.03M | ﹤0.01% |
641,200
-3,345
| -0.5% | -$23.2K |
|
|
ZYXI
2714
DELISTED
Zynex
ZYXI
| $4.02M | ﹤0.01% |
328,299
+28,002
| +9% | +$364K |
|
2715
Ericsson
ERIC
$33.4B
| $4M | ﹤0.01% |
334,408
+27,103
| +9% | +$318K |
|
2716
Citizens
CIA
$232M
| $3.99M | ﹤0.01% |
695,651
+2,241
| +0.3% | +$13.5K |
|
2717
Limoneira
LMNR
$249M
| $3.98M | ﹤0.01% |
239,384
+4,133
| +2% | +$62.1K |
|
|
PRTK
2718
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $3.97M | ﹤0.01% |
634,660
+44,013
| +7% | +$259K |
|
2719
Orion Energy Systems
OESX
$71.6M
| $3.96M | ﹤0.01% |
40,080
+1,843
| +5% | +$159K |
|
2720
Carter Bankshares
CARE
$768M
| $3.95M | ﹤0.01% |
368,740
+12,312
| +3% | +$105K |
|
|
EVLO
2721
DELISTED
Evelo Biosciences, Inc. Common Stock
EVLO
| $3.95M | ﹤0.01% |
16,341
+5,978
| +58% | +$739K |
|
|
RBNC
2722
DELISTED
Reliant Bancorp, Inc. Common Stock
RBNC
| $3.94M | ﹤0.01% |
211,726
+3,025
| +1% | +$53.1K |
|
2723
BioNTech
BNTX
$22.6B
| $3.92M | ﹤0.01% |
48,125
+8,178
| +20% | +$803K |
|
2724
Scorpio Tankers
STNG
$3.82B
| $3.92M | ﹤0.01% |
350,208
+1,424
| +0.4% | +$15.8K |
|
2725
SmartFinancial
SMBK
$899M
| $3.91M | ﹤0.01% |
215,359
+2,713
| +1% | +$44.7K |
|
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.