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 | |
|---|---|---|---|---|---|---|
|
SRC
926
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $65.4M | 0.01% |
1,628,145
+48,520
| +3% | +$1.75M |
|
927
Manulife Financial
MFC
$73.9B
| $65.3M | 0.01% |
3,666,125
+157,984
| +5% | +$2.52M |
|
928
SPS Commerce
SPSC
$2.64B
| $65.2M | 0.01% |
600,577
+52,124
| +10% | +$4.89M |
|
929
Trupanion
TRUP
$1.07B
| $65.2M | 0.01% |
544,451
+27,584
| +5% | +$2.61M |
|
930
BWX Technologies
BWXT
$15.5B
| $64.8M | 0.01% |
1,075,316
+59,369
| +6% | +$3.42M |
|
|
SYNH
931
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $64.7M | 0.01% |
949,655
+112,651
| +13% | +$7.02M |
|
932
Landstar System
LSTR
$5.93B
| $64.7M | 0.01% |
480,387
-53,407
| -10% | -$7M |
|
933
Acuity Brands
AYI
$9.83B
| $64.7M | 0.01% |
534,106
+52,825
| +11% | +$5.67M |
|
934
United Bankshares
UBSI
$6.63B
| $64.6M | 0.01% |
1,993,682
+119,769
| +6% | +$3.38M |
|
935
TechnipFMC
FTI
$28.1B
| $64.6M | 0.01% |
9,245,376
+158,643
| +2% | +$933K |
|
936
Synaptics
SYNA
$4.19B
| $64.4M | 0.01% |
668,433
+57,127
| +9% | +$4.65M |
|
937
Graphic Packaging
GPK
$3.17B
| $64.4M | 0.01% |
3,802,895
+104,581
| +3% | +$1.58M |
|
938
Ryman Hospitality Properties
RHP
$8.43B
| $64.3M | 0.01% |
949,206
-26,883
| -3% | -$1.44M |
|
|
EFOR
939
Everforth Inc
EFOR
$1.17B
| $64.2M | 0.01% |
768,480
+42,236
| +6% | +$3.25M |
|
|
ENV
940
DELISTED
ENVESTNET, INC.
ENV
| $64.2M | 0.01% |
779,948
+40,856
| +6% | +$3.29M |
|
941
Valley National Bancorp
VLY
$7.9B
| $64.2M | 0.01% |
6,581,161
+442,435
| +7% | +$3.85M |
|
942
Wyndham Hotels & Resorts
WH
$5.56B
| $64.1M | 0.01% |
1,078,618
+57,105
| +6% | +$3.08M |
|
943
Medpace
MEDP
$16.1B
| $64M | 0.01% |
459,419
+16,982
| +4% | +$2.14M |
|
944
ONE Gas
OGS
$4.87B
| $63.9M | 0.01% |
832,109
+44,539
| +6% | +$3.37M |
|
945
Regal Rexnord
RRX
$13.7B
| $63.9M | 0.01% |
519,926
+24,941
| +5% | +$2.75M |
|
|
EVBG
946
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $63.8M | 0.01% |
428,164
+24,858
| +6% | +$3.18M |
|
947
Knight Transportation
KNX
$11.3B
| $63.8M | 0.01% |
1,527,617
+81,159
| +6% | +$3.31M |
|
948
PTC Therapeutics
PTCT
$5.68B
| $63.7M | 0.01% |
1,044,148
+64,473
| +7% | +$3.8M |
|
949
MGIC Investment
MTG
$6.16B
| $63.6M | 0.01% |
5,069,522
+910,758
| +22% | +$10.3M |
|
950
Pinnacle Financial Partners Inc
PNFP
$15.9B
| $63.5M | 0.01% |
985,858
+110,515
| +13% | +$5.7M |
|
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.