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 | |
|---|---|---|---|---|---|---|
|
MNTV
1126
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $48.1M | 0.01% |
1,881,801
+112,943
| +6% | +$2.54M |
|
1127
Under Armour Class C
UA
$2.77B
| $47.9M | 0.01% |
3,225,426
+74,643
| +2% | +$999K |
|
1128
Hexcel
HXL
$7.79B
| $47.9M | 0.01% |
987,270
+54,870
| +6% | +$2.39M |
|
1129
Sunstone Hotel Investors
SHO
$2.19B
| $47.9M | 0.01% |
4,224,735
+28,782
| +0.7% | +$275K |
|
|
LSXMA
1130
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $47.9M | 0.01% |
1,509,459
-1,467
| -0.1% | -$42.4K |
|
1131
Cinemark Holdings
CNK
$4.24B
| $47.7M | 0.01% |
2,737,960
+792,912
| +41% | +$9.97M |
|
|
SPR
1132
DELISTED
Spirit AeroSystems
SPR
| $47.6M | 0.01% |
1,216,696
+66,428
| +6% | +$1.9M |
|
1133
Texas Capital Bancshares
TCBI
$4.3B
| $47.5M | 0.01% |
798,718
+46,171
| +6% | +$2.28M |
|
1134
Bankunited
BKU
$3.37B
| $47.4M | 0.01% |
1,362,011
+63,774
| +5% | +$1.82M |
|
1135
LCI Industries
LCII
$2.49B
| $47.3M | 0.01% |
364,846
+22,813
| +7% | +$2.8M |
|
1136
Teva Pharmaceuticals
TEVA
$40.8B
| $47.2M | 0.01% |
4,910,105
+580,306
| +13% | +$5.56M |
|
1137
Home BancShares
HOMB
$6.23B
| $47.2M | 0.01% |
2,422,791
+148,023
| +7% | +$2.69M |
|
1138
AXIS Capital
AXS
$7.68B
| $47.1M | 0.01% |
935,033
+63,081
| +7% | +$3.06M |
|
|
NSTG
1139
DELISTED
NanoString Technologies, Inc.
NSTG
| $47M | 0.01% |
703,404
+127,172
| +22% | +$6.38M |
|
1140
Shake Shack
SHAK
$2.53B
| $47M | 0.01% |
554,754
+60,312
| +12% | +$4.68M |
|
|
CLDR
1141
DELISTED
Cloudera, Inc.
CLDR
| $47M | 0.01% |
3,376,921
+197,131
| +6% | +$2.26M |
|
1142
Crane NXT
CXT
$2.99B
| $46.9M | 0.01% |
1,740,065
+90,795
| +6% | +$2M |
|
1143
Intellia Therapeutics
NTLA
$1.49B
| $46.9M | 0.01% |
862,342
+120,906
| +16% | +$4.39M |
|
1144
Howard Hughes
HHH
$3.81B
| $46.9M | 0.01% |
623,402
+115,650
| +23% | +$7.75M |
|
|
VG
1145
DELISTED
Vonage Holdings Corporation
VG
| $46.8M | 0.01% |
3,637,807
+265,816
| +8% | +$3.24M |
|
1146
Atlassian
TEAM
$25.6B
| $46.8M | 0.01% |
200,040
+17,818
| +10% | +$3.77M |
|
1147
AMN Healthcare
AMN
$1.3B
| $46.8M | 0.01% |
685,381
+41,922
| +7% | +$2.73M |
|
|
HI
1148
DELISTED
Hillenbrand
HI
| $46.6M | 0.01% |
1,171,537
+76,784
| +7% | +$2.65M |
|
1149
AppFolio
APPF
$6.38B
| $46.5M | 0.01% |
258,258
+16,926
| +7% | +$2.71M |
|
1150
Ingevity
NGVT
$2.51B
| $46.5M | 0.01% |
613,818
+34,939
| +6% | +$2.28M |
|
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.