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 | |
|---|---|---|---|---|---|---|
|
SBT
3301
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $1.2M | ﹤0.01% |
264,764
+8,321
| +3% | +$32.3K |
|
|
TTM
3302
DELISTED
Tata Motors Limited
TTM
| $1.2M | ﹤0.01% |
95,435
+1,956
| +2% | +$20.9K |
|
3303
Stantec
STN
$8.28B
| $1.2M | ﹤0.01% |
37,001
+7,000
| +23% | +$215K |
|
|
ARD
3304
DELISTED
Ardagh Group S.A. Class A Common Shares
ARD
| $1.2M | ﹤0.01% |
69,805
+5,079
| +8% | +$84.3K |
|
3305
Auburn National Bancorp
AUBN
$91.5M
| $1.2M | ﹤0.01% |
28,766
-51
| -0.2% | -$2.02K |
|
|
EMKR
3306
DELISTED
Emcore Corp
EMKR
| $1.2M | ﹤0.01% |
22,021
+2,594
| +13% | +$103K |
|
3307
Hovnanian Enterprises
HOV
$799M
| $1.2M | ﹤0.01% |
36,479
+1,017
| +3% | +$36.8K |
|
3308
Wrap Technologies
WRAP
$110M
| $1.2M | ﹤0.01% |
247,842
+30,466
| +14% | +$177K |
|
|
SIC
3309
DELISTED
Select Interior Concepts, Inc. Class A Common Stock
SIC
| $1.2M | ﹤0.01% |
167,312
+4,121
| +3% | +$29.8K |
|
|
FSFG
3310
DELISTED
First Savings Financial Group
FSFG
| $1.2M | ﹤0.01% |
55,185
+342
| +0.6% | +$6.83K |
|
3311
Rimini Street
RMNI
$459M
| $1.19M | ﹤0.01% |
268,717
+22,971
| +9% | +$90.8K |
|
|
TTOO
3312
DELISTED
T2 Biosystems, Inc
TTOO
| $1.19M | ﹤0.01% |
192
-3
| -2% | -$18.4K |
|
3313
Plains GP Holdings
PAGP
$5.04B
| $1.19M | ﹤0.01% |
140,428
+125,026
| +812% | +$971K |
|
|
AHT
3314
Ashford Hospitality Trust
AHT
$20.7M
| $1.18M | ﹤0.01% |
4,571
+3,847
| +531% | +$980K |
|
|
BHR
3315
Braemar Hotels & Resorts
BHR
$144M
| $1.18M | ﹤0.01% |
255,121
+2,912
| +1% | +$10.2K |
|
3316
National Grid
NGG
$80.9B
| $1.17M | ﹤0.01% |
22,500
+1,953
| +10% | +$104K |
|
|
KNTE
3317
DELISTED
Kinnate Biopharma Inc. Common Stock
KNTE
| $1.17M | ﹤0.01% |
+29,480
| New | +$1.18M |
|
|
GRTX
3318
DELISTED
Galera Therapeutics, Inc. Common Stock
GRTX
| $1.16M | ﹤0.01% |
113,708
+12,110
| +12% | +$132K |
|
3319
Maui Land & Pineapple Co
MLP
$352M
| $1.16M | ﹤0.01% |
100,674
-321
| -0.3% | -$3.66K |
|
|
CIZN
3320
DELISTED
Citizens Holding Co.
CIZN
| $1.16M | ﹤0.01% |
55,406
+252
| +0.5% | +$5.34K |
|
3321
Evolution Petroleum
EPM
$127M
| $1.16M | ﹤0.01% |
406,197
+13,082
| +3% | +$33.1K |
|
3322
PAVmed
PAVM
$36.1M
| $1.15M | ﹤0.01% |
1,207
+336
| +39% | +$287K |
|
|
AXLA
3323
DELISTED
Axcella Health Inc. Common Stock
AXLA
| $1.15M | ﹤0.01% |
8,841
+1,477
| +20% | +$190K |
|
3324
Kopin
KOPN
$769M
| $1.14M | ﹤0.01% |
470,081
-98,232
| -17% | -$160K |
|
|
LMPX
3325
DELISTED
LMP Automotive Holdings, Inc. Common Stock
LMPX
| $1.14M | ﹤0.01% |
45,718
+9,980
| +28% | +$270K |
|
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.