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 | |
|---|---|---|---|---|---|---|
3226
Legacy Housing
LEGH
$625M
| $1.48M | ﹤0.01% |
97,808
+2,120
| +2% | +$31.1K |
|
3227
Gencor Industries
GENC
$217M
| $1.48M | ﹤0.01% |
119,995
+2,355
| +2% | +$28.5K |
|
|
SRT
3228
DELISTED
Startek Inc.
SRT
| $1.48M | ﹤0.01% |
196,251
+4,543
| +2% | +$29.8K |
|
3229
TFI International
TFII
$11.1B
| $1.46M | ﹤0.01% |
27,773
+4,109
| +17% | +$204K |
|
|
LEVL
3230
DELISTED
Level One Bancorp, Inc. Common Stock
LEVL
| $1.45M | ﹤0.01% |
71,898
+5,476
| +8% | +$102K |
|
3231
Centrus Energy
LEU
$3.63B
| $1.45M | ﹤0.01% |
62,847
+27,388
| +77% | +$382K |
|
|
MLVF
3232
DELISTED
Malvern Bancorp, Inc.
MLVF
| $1.45M | ﹤0.01% |
93,767
-363
| -0.4% | -$5.27K |
|
3233
Minerva Neurosciences
NERV
$185M
| $1.45M | ﹤0.01% |
77,203
+1,181
| +2% | +$29.7K |
|
3234
Telos
TLS
$365M
| $1.45M | ﹤0.01% |
+43,837
| New | +$1.05M |
|
3235
TELA Bio
TELA
$33.1M
| $1.44M | ﹤0.01% |
95,933
+12,483
| +15% | +$203K |
|
|
FNCB
3236
DELISTED
FNCB Bancorp Inc. Common Stock
FNCB
| $1.44M | ﹤0.01% |
225,366
+15,508
| +7% | +$98.4K |
|
3237
Kinetik
KNTK
$3.64B
| $1.44M | ﹤0.01% |
60,650
-1,750
| -3% | -$25.6K |
|
|
SURF
3238
DELISTED
Surface Oncology, Inc. Common Stock
SURF
| $1.44M | ﹤0.01% |
155,859
+25,416
| +19% | +$221K |
|
3239
Galectin Therapeutics
GALT
$200M
| $1.44M | ﹤0.01% |
642,104
+47,483
| +8% | +$125K |
|
3240
Silvercrest Asset Management
SAMG
$80.4M
| $1.44M | ﹤0.01% |
103,578
+2,705
| +3% | +$34.4K |
|
3241
Asure Software
ASUR
$253M
| $1.43M | ﹤0.01% |
202,077
+9,780
| +5% | +$74.6K |
|
3242
Barnes & Noble Education
BNED
$447M
| $1.43M | ﹤0.01% |
3,076
-14
| -0.5% | -$4.63K |
|
|
VEDL
3243
DELISTED
Vedanta Limited American Depostary Shares (Each representing four equity shares)
VEDL
| $1.43M | ﹤0.01% |
162,851
-12,432
| -7% | -$81.2K |
|
3244
BeyondSpring
BYSI
$48.1M
| $1.43M | ﹤0.01% |
117,092
+12,587
| +12% | +$166K |
|
3245
Custom Truck One Source
CTOS
$2.42B
| $1.43M | ﹤0.01% |
193,672
+34,037
| +21% | +$172K |
|
3246
Arbutus Biopharma
ABUS
$861M
| $1.43M | ﹤0.01% |
401,651
+21,274
| +6% | +$74.5K |
|
|
CORR
3247
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $1.42M | ﹤0.01% |
207,468
+2,354
| +1% | +$14.2K |
|
3248
Loop Industries
LOOP
$35.3M
| $1.42M | ﹤0.01% |
170,512
+8,114
| +5% | +$67.3K |
|
|
MMAC
3249
DELISTED
MMA Capital Holdings, Inc. Common Stock
MMAC
| $1.41M | ﹤0.01% |
57,396
-137
| -0.2% | -$3.4K |
|
3250
ClearPoint Neuro
CLPT
$386M
| $1.41M | ﹤0.01% |
88,507
+69,639
| +369% | +$625K |
|
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.