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 | |
|---|---|---|---|---|---|---|
2926
Asana
ASAN
$2.05B
| $2.64M | ﹤0.01% |
+89,345
| New | +$2.28M |
|
|
CS
2927
DELISTED
Credit Suisse Group
CS
| $2.63M | ﹤0.01% |
205,863
+950
| +0.5% | +$11K |
|
2928
Lifetime Brands
LCUT
$192M
| $2.63M | ﹤0.01% |
173,230
+2,978
| +2% | +$37.4K |
|
2929
Lexicon Pharmaceuticals
LXRX
$1.09B
| $2.63M | ﹤0.01% |
769,588
-5,369
| -0.7% | -$10.2K |
|
|
PBIP
2930
DELISTED
Prudential Bancorp, Inc.
PBIP
| $2.63M | ﹤0.01% |
190,005
+638
| +0.3% | +$8.02K |
|
2931
Red Violet
RDVT
$963M
| $2.63M | ﹤0.01% |
100,610
+5,342
| +6% | +$127K |
|
|
GRFS
2932
Grifois
GRFS
$5.4B
| $2.62M | ﹤0.01% |
142,351
+10,021
| +8% | +$186K |
|
2933
RPC Inc
RES
$1.28B
| $2.62M | ﹤0.01% |
833,026
+9,938
| +1% | +$29.9K |
|
|
DZSI
2934
DELISTED
DZS Inc. Common Stock
DZSI
| $2.62M | ﹤0.01% |
169,417
+8,327
| +5% | +$104K |
|
2935
Millicom
TIGO
$15.4B
| $2.62M | ﹤0.01% |
67,514
-12,347
| -15% | -$435K |
|
2936
Timberland Bancorp
TSBK
$348M
| $2.62M | ﹤0.01% |
107,900
+4,273
| +4% | +$93.8K |
|
2937
MeiraGTx Holdings
MGTX
$1.16B
| $2.62M | ﹤0.01% |
172,727
+20,676
| +14% | +$292K |
|
2938
iBio
IBIO
$69.5M
| $2.59M | ﹤0.01% |
4,942
+1,945
| +65% | +$1.58M |
|
|
PR
2939
Permian Resources
PR
$16.6B
| $2.59M | ﹤0.01% |
1,727,816
-14,207
| -0.8% | -$14.7K |
|
2940
Coastal Financial
CCB
$675M
| $2.58M | ﹤0.01% |
122,867
+4,045
| +3% | +$72.2K |
|
|
NPKI
2941
NPK International
NPKI
$1.15B
| $2.58M | ﹤0.01% |
1,341,352
-13,398
| -1% | -$18K |
|
|
CWBC
2942
Community West Bancshares
CWBC
$700M
| $2.57M | ﹤0.01% |
172,625
+2,196
| +1% | +$31.4K |
|
2943
Investar Holding Corp
ISTR
$420M
| $2.57M | ﹤0.01% |
155,316
+972
| +0.6% | +$15K |
|
|
BVH
2944
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $2.56M | ﹤0.01% |
+189,516
| New | +$2.11M |
|
2945
Comstock Resources
CRK
$3.81B
| $2.56M | ﹤0.01% |
586,241
-2,157
| -0.4% | -$10.7K |
|
|
BPYU
2946
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $2.56M | ﹤0.01% |
171,024
-5,181
| -3% | -$78.8K |
|
2947
Universal Technical Institute
UTI
$2.33B
| $2.54M | ﹤0.01% |
393,501
+21,518
| +6% | +$123K |
|
|
FCBP
2948
DELISTED
First Choice Bancorp Common Stock
FCBP
| $2.54M | ﹤0.01% |
137,417
+7,592
| +6% | +$120K |
|
2949
Protara Therapeutics
TARA
$225M
| $2.54M | ﹤0.01% |
104,880
+84,598
| +417% | +$1.82M |
|
|
PWOD
2950
DELISTED
Penns Woods Bancorp
PWOD
| $2.54M | ﹤0.01% |
97,568
+5,833
| +6% | +$140K |
|
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.