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 | |
|---|---|---|---|---|---|---|
|
AJRD
1026
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $55.6M | 0.01% |
1,051,565
+21,245
| +2% | +$854K |
|
1027
Ovintiv
OVV
$17.3B
| $55.5M | 0.01% |
3,864,326
+245,725
| +7% | +$2.88M |
|
1028
Visteon
VC
$2.79B
| $55.5M | 0.01% |
441,869
+26,513
| +6% | +$2.79M |
|
1029
Autoliv
ALV
$9.02B
| $55.3M | 0.01% |
602,040
+27,851
| +5% | +$2.41M |
|
1030
CareDx
CDNA
$2.26B
| $55.3M | 0.01% |
763,428
+62,174
| +9% | +$3.6M |
|
1031
Interactive Brokers
IBKR
$39.2B
| $55.3M | 0.01% |
3,629,480
+224,996
| +7% | +$2.98M |
|
|
SAGE
1032
DELISTED
Sage Therapeutics
SAGE
| $55.2M | 0.01% |
638,087
+36,687
| +6% | +$2.7M |
|
1033
Hawaiian Electric Industries
HE
$2.23B
| $55.1M | 0.01% |
1,557,599
+260,167
| +20% | +$9.2M |
|
1034
National Health Investors
NHI
$3.72B
| $55.1M | 0.01% |
796,270
-16,153
| -2% | -$1.03M |
|
|
STMP
1035
DELISTED
Stamps.com, Inc.
STMP
| $54.8M | 0.01% |
279,052
+21,565
| +8% | +$4.74M |
|
|
XEC
1036
DELISTED
CIMAREX ENERGY CO
XEC
| $54.5M | 0.01% |
1,453,136
+334,036
| +30% | +$10.7M |
|
|
WCC
1037
WESCO International
WCC
$16.7B
| $54.5M | 0.01% |
693,873
+35,696
| +5% | +$2.11M |
|
1038
Brookfield Renewable
BEPC
$6.08B
| $54.4M | 0.01% |
935,441
+255,699
| +38% | +$12.3M |
|
1039
Southwest Gas
SWX
$6.47B
| $54.2M | 0.01% |
892,372
+99,106
| +12% | +$6.53M |
|
1040
OneMain Financial
OMF
$7.2B
| $54.2M | 0.01% |
1,125,433
+158,645
| +16% | +$6.26M |
|
1041
U-Haul Holding Co
UHAL
$13.9B
| $54.2M | 0.01% |
1,193,970
+81,000
| +7% | +$3.23M |
|
1042
Canadian Natural Resources
CNQ
$99.4B
| $54M | 0.01% |
4,574,676
+183,026
| +4% | +$1.84M |
|
1043
Viavi Solutions
VIAV
$9.12B
| $53.8M | 0.01% |
3,593,676
+264,712
| +8% | +$3.52M |
|
1044
Murphy USA
MUSA
$11.2B
| $53.6M | 0.01% |
409,851
+4,818
| +1% | +$619K |
|
|
FL
1045
DELISTED
Foot Locker
FL
| $53.6M | 0.01% |
1,325,458
+130,931
| +11% | +$5.1M |
|
|
APLS
1046
DELISTED
Apellis Pharmaceuticals
APLS
| $53.6M | 0.01% |
936,533
+58,719
| +7% | +$2.48M |
|
1047
Houlihan Lokey
HLI
$8.77B
| $53.5M | 0.01% |
796,331
+65,012
| +9% | +$4.21M |
|
1048
FormFactor
FORM
$8.28B
| $53.5M | 0.01% |
1,243,651
+82,514
| +7% | +$2.98M |
|
1049
Boyd Gaming
BYD
$6.18B
| $53.3M | 0.01% |
1,241,839
+108,913
| +10% | +$4M |
|
|
ONEM
1050
DELISTED
1Life Healthcare
ONEM
| $53.3M | 0.01% |
1,220,776
+80,849
| +7% | +$2.76M |
|
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.