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 | |
|---|---|---|---|---|---|---|
2726
Citizens & Northern Corp
CZNC
$451M
| $3.89M | ﹤0.01% |
195,906
+2,439
| +1% | +$45K |
|
2727
Mercer International
MERC
$45.1M
| $3.88M | ﹤0.01% |
378,506
-26,423
| -7% | -$211K |
|
2728
Heritage Insurance Holdings
HRTG
$1.03B
| $3.88M | ﹤0.01% |
382,570
+1,213
| +0.3% | +$12.5K |
|
2729
Bridgewater Bancshares
BWB
$590M
| $3.87M | ﹤0.01% |
310,081
+47
| +0% | +$543 |
|
|
NBEV
2730
DELISTED
NewAge, Inc. Common Stock (Delaware)
NBEV
| $3.87M | ﹤0.01% |
1,472,573
+311,614
| +27% | +$847K |
|
2731
Metropolitan Bank Holding Corp
MCB
$1.16B
| $3.86M | ﹤0.01% |
106,492
+3,138
| +3% | +$102K |
|
|
STXB
2732
DELISTED
Spirit of Texas Bancshares, Inc. Common Stock
STXB
| $3.84M | ﹤0.01% |
228,524
+3,781
| +2% | +$56.7K |
|
|
OSH
2733
DELISTED
Oak Street Health, Inc.
OSH
| $3.84M | ﹤0.01% |
62,758
+18,470
| +42% | +$969K |
|
|
LITS
2734
Lite Strategy Inc
LITS
$32.5M
| $3.84M | ﹤0.01% |
72,683
+3,566
| +5% | +$206K |
|
2735
Stereotaxis
STXS
$136M
| $3.84M | ﹤0.01% |
753,700
+200,935
| +36% | +$822K |
|
|
CTO
2736
CTO Realty Growth
CTO
$816M
| $3.83M | ﹤0.01% |
272,214
+4,770
| +2% | +$62.8K |
|
2737
Kornit Digital
KRNT
$777M
| $3.82M | ﹤0.01% |
42,878
-1,527
| -3% | -$117K |
|
2738
Noodles & Co
NDLS
$106M
| $3.82M | ﹤0.01% |
60,404
+285
| +0.5% | +$17.6K |
|
2739
Select Water Solutions
WTTR
$2.58B
| $3.79M | ﹤0.01% |
925,780
+16,517
| +2% | +$66.5K |
|
2740
American Outdoor Brands
AOUT
$157M
| $3.79M | ﹤0.01% |
222,620
+12,425
| +6% | +$187K |
|
|
ONCR
2741
DELISTED
Oncorus, Inc.
ONCR
| $3.78M | ﹤0.01% |
+116,847
| New | +$2.71M |
|
|
SEI
2742
Solaris Energy Infrastructure
SEI
$3.55B
| $3.78M | ﹤0.01% |
463,885
+18,304
| +4% | +$131K |
|
2743
XBiotech
XBIT
$69.5M
| $3.76M | ﹤0.01% |
240,387
-3,022
| -1% | -$55.7K |
|
2744
Park Aerospace
PKE
$821M
| $3.75M | ﹤0.01% |
279,849
+1,262
| +0.5% | +$15.5K |
|
2745
Nordic American Tanker
NAT
$1.35B
| $3.74M | ﹤0.01% |
1,268,500
+42,341
| +3% | +$138K |
|
2746
Marathon Digital Holdings
MARA
$4.18B
| $3.73M | ﹤0.01% |
357,650
+178,981
| +100% | +$826K |
|
2747
Unilever
UL
$137B
| $3.72M | ﹤0.01% |
54,856
+27,877
| +103% | +$1.89M |
|
|
GNTY
2748
DELISTED
Guaranty Bancshares
GNTY
| $3.72M | ﹤0.01% |
136,684
+465
| +0.3% | +$12.3K |
|
|
MPX
2749
DELISTED
Marine Products Corp
MPX
| $3.71M | ﹤0.01% |
255,511
-853
| -0.3% | -$14.1K |
|
2750
First Bancorp
FNLC
$397M
| $3.7M | ﹤0.01% |
145,726
+6,432
| +5% | +$155K |
|
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.