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 | |
|---|---|---|---|---|---|---|
726
Encompass Health
EHC
$11B
| $94.1M | 0.02% |
1,429,887
+80,613
| +6% | +$4.74M |
|
|
FOLD
727
DELISTED
Amicus Therapeutics
FOLD
| $93.7M | 0.02% |
4,059,103
+219,012
| +6% | +$4.48M |
|
|
MRO
728
DELISTED
Marathon Oil Corporation
MRO
| $93.5M | 0.02% |
14,044,341
-75,629
| -0.5% | -$406K |
|
729
Unum
UNM
$13.6B
| $93.3M | 0.02% |
4,072,723
+31,714
| +0.8% | +$656K |
|
730
Appian
APPN
$1.98B
| $93M | 0.02% |
574,001
+41,918
| +8% | +$4.69M |
|
|
RP
731
DELISTED
RealPage, Inc.
RP
| $93M | 0.02% |
1,066,178
+61,709
| +6% | +$4.05M |
|
732
Bank of Montreal
BMO
$126B
| $92.7M | 0.02% |
1,217,959
+58,633
| +5% | +$4.01M |
|
733
TG Therapeutics
TGTX
$7.96B
| $92.5M | 0.02% |
1,778,387
+154,545
| +10% | +$5.22M |
|
734
Woodward
WWD
$21.3B
| $92.5M | 0.02% |
760,932
+41,797
| +6% | +$4.24M |
|
735
Performance Food Group
PFGC
$18B
| $92.5M | 0.02% |
1,941,944
+109,870
| +6% | +$4.63M |
|
736
Mercado Libre
MELI
$95.2B
| $92.4M | 0.02% |
55,818
+4,253
| +8% | +$6M |
|
737
Commerce Bancshares
CBSH
$8.53B
| $92.4M | 0.02% |
1,794,352
+95,936
| +6% | +$4.65M |
|
|
SBNY
738
DELISTED
Signature Bank
SBNY
| $92M | 0.02% |
679,758
+32,533
| +5% | +$3.4M |
|
739
New York Times
NYT
$12.1B
| $91.9M | 0.02% |
1,775,423
+65,309
| +4% | +$2.9M |
|
740
NOV
NOV
$6.93B
| $91.7M | 0.02% |
6,690,118
+167,011
| +3% | +$1.89M |
|
|
BLD
741
DELISTED
TopBuild
BLD
| $91.1M | 0.02% |
494,983
+14,353
| +3% | +$2.54M |
|
742
Arrow Electronics
ARW
$11.1B
| $91.1M | 0.02% |
937,504
+28,897
| +3% | +$2.56M |
|
743
Ralph Lauren
RL
$22.6B
| $91M | 0.02% |
878,704
+15,994
| +2% | +$1.34M |
|
744
CACI
CACI
$11B
| $91M | 0.02% |
365,037
+67,315
| +23% | +$15.5M |
|
745
NeoGenomics
NEO
$1.96B
| $90.9M | 0.02% |
1,689,077
+94,052
| +6% | +$4.25M |
|
|
SF
746
Stifel
SF
$12.6B
| $90.9M | 0.02% |
2,701,952
+471,588
| +21% | +$14M |
|
747
Halozyme
HALO
$9.79B
| $90.9M | 0.02% |
2,127,800
+84,776
| +4% | +$3.05M |
|
748
Zillow
ZG
$7.94B
| $90.7M | 0.02% |
668,132
+105,417
| +19% | +$11.9M |
|
|
BERY
749
DELISTED
Berry Global Group, Inc.
BERY
| $90.3M | 0.02% |
1,750,101
+141,485
| +9% | +$6.75M |
|
750
Silicon Laboratories
SLAB
$7.17B
| $90.3M | 0.02% |
709,091
-2,839
| -0.4% | -$320K |
|
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.