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 | |
|---|---|---|---|---|---|---|
|
ARNA
876
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $70.7M | 0.01% |
920,037
+54,904
| +6% | +$4.12M |
|
877
Polaris
PII
$3.82B
| $70.6M | 0.01% |
741,248
+31,328
| +4% | +$3M |
|
878
Fox Class B
FOX
$21.8B
| $70.5M | 0.01% |
2,447,186
-24,401
| -1% | -$676K |
|
879
Douglas Emmett
DEI
$1.98B
| $70.3M | 0.01% |
2,409,343
-238,559
| -9% | -$6.78M |
|
880
Kinsale Capital Group
KNSL
$8.12B
| $70.2M | 0.01% |
350,667
+18,136
| +5% | +$3.98M |
|
881
Crocs
CROX
$6.14B
| $70M | 0.01% |
1,117,612
+26,862
| +2% | +$1.53M |
|
882
Maximus
MMS
$3.17B
| $70M | 0.01% |
956,404
+49,264
| +5% | +$3.49M |
|
883
Agree Realty
ADC
$9.34B
| $70M | 0.01% |
1,050,880
-17,455
| -2% | -$1.14M |
|
|
TCF
884
DELISTED
TCF Financial Corporation Common Stock
TCF
| $69.7M | 0.01% |
1,883,080
+109,599
| +6% | +$3.48M |
|
885
ManpowerGroup
MAN
$2.44B
| $69.7M | 0.01% |
772,898
+55,808
| +8% | +$4.59M |
|
886
Ziff Davis
ZD
$1.96B
| $69.6M | 0.01% |
819,360
-6,214
| -0.8% | -$450K |
|
887
Jefferies Financial Group
JEF
$12.6B
| $69.4M | 0.01% |
2,950,837
+42,358
| +1% | +$889K |
|
|
QTS
888
DELISTED
QTS REALTY TRUST, INC.
QTS
| $69.4M | 0.01% |
1,121,425
-1,838
| -0.2% | -$115K |
|
|
GAP
889
The Gap Inc
GAP
$7.23B
| $69.1M | 0.01% |
3,428,220
+77,059
| +2% | +$1.62M |
|
890
ACI Worldwide
ACIW
$5.83B
| $68.9M | 0.01% |
1,793,141
+96,539
| +6% | +$3.23M |
|
891
Axalta
AXTA
$7.66B
| $68.7M | 0.01% |
2,409,891
+126,115
| +6% | +$3.44M |
|
892
Timken Company
TKR
$9.56B
| $68.7M | 0.01% |
888,167
+67,383
| +8% | +$4.59M |
|
893
Glacier Bancorp
GBCI
$6.42B
| $68.6M | 0.01% |
1,491,717
+70,230
| +5% | +$2.84M |
|
894
Ingredion
INGR
$6.27B
| $68.6M | 0.01% |
871,907
+57,259
| +7% | +$4.42M |
|
895
Haemonetics
HAE
$3.89B
| $68.6M | 0.01% |
577,553
+33,413
| +6% | +$3.6M |
|
|
CCMP
896
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $68.4M | 0.01% |
+451,969
| New | +$67.7M |
|
897
Fox Factory Holding Corp
FOXF
$755M
| $68.3M | 0.01% |
646,425
+36,106
| +6% | +$3.28M |
|
898
RBC Bearings
RBC
$17.4B
| $68.3M | 0.01% |
381,281
+21,350
| +6% | +$3.26M |
|
899
Qualys
QLYS
$5.1B
| $67.9M | 0.01% |
557,512
-31,091
| -5% | -$3.08M |
|
900
Sabra Healthcare REIT
SBRA
$5.34B
| $67.8M | 0.01% |
3,905,195
+772,858
| +25% | +$12.3M |
|
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.