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 | |
|---|---|---|---|---|---|---|
1276
NewMarket
NEU
$7.82B
| $39.8M | 0.01% |
99,866
+5,479
| +6% | +$2.04M |
|
|
JWN
1277
DELISTED
Nordstrom
JWN
| $39.7M | 0.01% |
1,273,216
+103,001
| +9% | +$2.15M |
|
1278
Bilibili
BILI
$7.99B
| $39.7M | 0.01% |
466,139
+28,663
| +7% | +$1.68M |
|
1279
Atlantic Union Bankshares
AUB
$6.02B
| $39.6M | 0.01% |
1,203,678
+37,691
| +3% | +$1.08M |
|
|
NOVA
1280
DELISTED
Sunnova Energy
NOVA
| $39.5M | 0.01% |
876,120
+171,418
| +24% | +$5.95M |
|
1281
Commercial Metals
CMC
$7.6B
| $39.5M | 0.01% |
1,924,741
+128,286
| +7% | +$2.66M |
|
|
KW
1282
DELISTED
Kennedy-Wilson Holdings
KW
| $39.2M | 0.01% |
2,192,686
+433,001
| +25% | +$6.77M |
|
1283
H.B. Fuller
FUL
$2.97B
| $39.2M | 0.01% |
755,296
+51,602
| +7% | +$2.61M |
|
1284
ESCO Technologies
ESE
$8.17B
| $39M | 0.01% |
378,260
+27,617
| +8% | +$2.6M |
|
|
RETA
1285
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $39M | 0.01% |
315,722
+34,400
| +12% | +$4.52M |
|
|
SVC
1286
Service Properties Trust
SVC
$1.04B
| $39M | 0.01% |
678,722
-30,037
| -4% | -$1.53M |
|
1287
Xencor
XNCR
$1.5B
| $39M | 0.01% |
893,547
+64,335
| +8% | +$2.66M |
|
1288
CVB Financial
CVBF
$3.94B
| $39M | 0.01% |
1,998,980
+147,764
| +8% | +$2.8M |
|
1289
Nektar Therapeutics
NKTR
$2.39B
| $38.9M | 0.01% |
152,385
+13,429
| +10% | +$3.47M |
|
|
MANT
1290
DELISTED
Mantech International Corp
MANT
| $38.8M | 0.01% |
435,870
+21,443
| +5% | +$1.62M |
|
1291
Ryder
R
$9.83B
| $38.8M | 0.01% |
627,534
+50,236
| +9% | +$2.8M |
|
|
ALTR
1292
DELISTED
Altair Engineering Inc
ALTR
| $38.6M | 0.01% |
664,183
+56,401
| +9% | +$2.84M |
|
|
ETRN
1293
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $38.5M | 0.01% |
4,794,252
+146,952
| +3% | +$1.17M |
|
|
PINC
1294
DELISTED
Premier
PINC
| $38.5M | 0.01% |
1,098,017
+287,363
| +35% | +$9.91M |
|
1295
AtriCure
ATRC
$1.92B
| $38.5M | 0.01% |
691,551
+47,429
| +7% | +$2.05M |
|
1296
LendingTree
TREE
$447M
| $38.4M | 0.01% |
140,337
+37,572
| +37% | +$11.2M |
|
|
NEWR
1297
DELISTED
New Relic, Inc.
NEWR
| $38.4M | 0.01% |
586,498
+45,759
| +8% | +$2.82M |
|
1298
Coeur Mining
CDE
$15.4B
| $38.3M | 0.01% |
3,701,618
+207,214
| +6% | +$1.7M |
|
|
BEAT
1299
DELISTED
BioTelemetry, Inc.
BEAT
| $38.2M | 0.01% |
530,542
+28,832
| +6% | +$1.51M |
|
1300
MaxLinear
MXL
$6.06B
| $38.2M | 0.01% |
1,000,350
+85,368
| +9% | +$2.48M |
|
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.