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 | |
|---|---|---|---|---|---|---|
|
ALSK
2876
DELISTED
Alaska Communications Systems
ALSK
| $2.94M | ﹤0.01% |
798,943
+47,402
| +6% | +$135K |
|
|
WMC
2877
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $2.93M | ﹤0.01% |
89,782
+11,662
| +15% | +$315K |
|
2878
First Capital
FCAP
$218M
| $2.92M | ﹤0.01% |
48,291
+1,944
| +4% | +$122K |
|
2879
Metallus
MTUS
$896M
| $2.92M | ﹤0.01% |
624,270
+13,441
| +2% | +$60.8K |
|
2880
Pearson
PSO
$10B
| $2.91M | ﹤0.01% |
317,259
+15,443
| +5% | +$124K |
|
2881
Bionano Genomics
BNGO
$12.3M
| $2.91M | ﹤0.01% |
1,574
+547
| +53% | +$204K |
|
2882
National Bankshares
NKSH
$262M
| $2.9M | ﹤0.01% |
92,479
-238
| -0.3% | -$7.03K |
|
|
BRT
2883
BRT Apartments
BRT
$267M
| $2.89M | ﹤0.01% |
190,301
+5,671
| +3% | +$76.4K |
|
2884
HDFC Bank
HDB
$123B
| $2.89M | ﹤0.01% |
80,032
-6,640
| -8% | -$212K |
|
|
SCPL
2885
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $2.88M | ﹤0.01% |
207,849
-537
| -0.3% | -$7.8K |
|
|
CNR
2886
Core Natural Resources Inc
CNR
$4.22B
| $2.87M | ﹤0.01% |
398,022
+23,264
| +6% | +$122K |
|
|
SPRB
2887
Spruce Biosciences
SPRB
$128M
| $2.86M | ﹤0.01% |
+1,567
| New | +$2.6M |
|
2888
Smith Micro Software
SMSI
$16M
| $2.85M | ﹤0.01% |
13,152
+2,359
| +22% | +$449K |
|
|
TLMD
2889
DELISTED
SOC Telemed, Inc. Class A Common Stock
TLMD
| $2.84M | ﹤0.01% |
+362,870
| New | +$3.21M |
|
|
RAPT
2890
DELISTED
RAPT Therapeutics
RAPT
| $2.84M | ﹤0.01% |
17,997
+766
| +4% | +$167K |
|
|
CHS
2891
DELISTED
Chicos FAS, Inc.
CHS
| $2.84M | ﹤0.01% |
1,787,574
+46,234
| +3% | +$64.2K |
|
2892
Forte Biosciences
FBRX
$1.57B
| $2.84M | ﹤0.01% |
3,120
+61
| +2% | +$57.3K |
|
2893
Choiceone Financial
COFS
$511M
| $2.83M | ﹤0.01% |
91,999
+12,144
| +15% | +$364K |
|
|
TNAV
2894
DELISTED
Telenav Inc.
TNAV
| $2.83M | ﹤0.01% |
602,845
-23,017
| -4% | -$104K |
|
|
CASI
2895
DELISTED
CASI Pharmaceuticals
CASI
| $2.82M | ﹤0.01% |
95,734
+16,933
| +21% | +$368K |
|
|
AIOT
2896
PowerFleet Inc
AIOT
$566M
| $2.82M | ﹤0.01% |
379,683
+18,772
| +5% | +$126K |
|
2897
Tilly's
TLYS
$127M
| $2.81M | ﹤0.01% |
344,919
+3,838
| +1% | +$29K |
|
2898
Village Super Market
VLGEA
$639M
| $2.8M | ﹤0.01% |
126,909
+3,300
| +3% | +$76.7K |
|
2899
Voyager Therapeutics
VYGR
$187M
| $2.8M | ﹤0.01% |
391,656
-4,987
| -1% | -$47.9K |
|
|
SNCR
2900
DELISTED
Synchronoss Technologies
SNCR
| $2.8M | ﹤0.01% |
66,165
-1,819
| -3% | -$52.6K |
|
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.