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 | |
|---|---|---|---|---|---|---|
1226
Hain Celestial
HAIN
$45M
| $42.4M | 0.01% |
1,056,749
+72,174
| +7% | +$2.62M |
|
1227
Avista
AVA
$3.34B
| $42.4M | 0.01% |
1,056,937
+65,638
| +7% | +$2.41M |
|
1228
Dana Inc
DAN
$2.9B
| $42.4M | 0.01% |
2,172,748
+150,089
| +7% | +$2.51M |
|
1229
Credicorp
BAP
$31.8B
| $42.4M | 0.01% |
260,008
+11,715
| +5% | +$1.63M |
|
1230
Cathay General Bancorp
CATY
$4.22B
| $42.3M | 0.01% |
1,315,519
+124,170
| +10% | +$3.38M |
|
1231
Asbury Automotive
ABG
$4.31B
| $42.3M | 0.01% |
290,535
-3,755
| -1% | -$466K |
|
|
PACW
1232
DELISTED
PacWest Bancorp
PACW
| $42.3M | 0.01% |
1,657,940
-19,581
| -1% | -$437K |
|
|
REGI
1233
DELISTED
Renewable Energy Group, Inc.
REGI
| $42.3M | 0.01% |
597,317
+18,959
| +3% | +$1.16M |
|
1234
Simply Good Foods
SMPL
$901M
| $42.3M | 0.01% |
1,348,133
+82,684
| +7% | +$1.92M |
|
1235
Fabrinet
FN
$15.6B
| $42.3M | 0.01% |
544,666
+39,643
| +8% | +$2.7M |
|
1236
Coca-Cola Europacific Partners
CCEP
$48.3B
| $42.2M | 0.01% |
853,017
+25,719
| +3% | +$1.09M |
|
|
PDCO
1237
DELISTED
Patterson Companies, Inc.
PDCO
| $42.1M | 0.01% |
1,422,240
+85,906
| +6% | +$2.43M |
|
1238
Outfront Media
OUT
$5.61B
| $42M | 0.01% |
2,180,786
+211,049
| +11% | +$3.57M |
|
1239
Badger Meter
BMI
$3.89B
| $41.9M | 0.01% |
445,922
+24,172
| +6% | +$1.93M |
|
|
ESGR
1240
DELISTED
Enstar Group
ESGR
| $41.7M | 0.01% |
203,746
+12,367
| +6% | +$2.33M |
|
|
RCM
1241
DELISTED
R1 RCM Inc. Common Stock
RCM
| $41.7M | 0.01% |
1,735,272
+151,273
| +10% | +$3.01M |
|
1242
PennyMac Financial
PFSI
$3.92B
| $41.6M | 0.01% |
634,265
+7,117
| +1% | +$423K |
|
|
SAFM
1243
DELISTED
Sanderson Farms Inc
SAFM
| $41.5M | 0.01% |
314,026
+19,107
| +6% | +$2.52M |
|
1244
Olin
OLN
$2.11B
| $41.3M | 0.01% |
1,681,470
+114,361
| +7% | +$2.33M |
|
1245
CareTrust REIT
CTRE
$9.91B
| $41.3M | 0.01% |
1,861,839
-14,371
| -0.8% | -$283K |
|
1246
Brady Corp
BRC
$4.44B
| $41M | 0.01% |
777,138
+48,495
| +7% | +$2.14M |
|
|
LTHM
1247
DELISTED
Livent Corporation
LTHM
| $41M | 0.01% |
2,178,236
+132,599
| +6% | +$1.85M |
|
1248
Ameris Bancorp
ABCB
$5.85B
| $41M | 0.01% |
1,076,131
+63,741
| +6% | +$2.06M |
|
1249
Fortis
FTS
$29B
| $41M | 0.01% |
987,873
+8,284
| +0.8% | +$340K |
|
1250
Hilton Grand Vacations
HGV
$3.59B
| $40.9M | 0.01% |
1,305,818
+119,447
| +10% | +$3.12M |
|
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.