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 | |
|---|---|---|---|---|---|---|
1351
SPX Corp
SPXC
$10.8B
| $35.5M | 0.01% |
651,713
+46,720
| +8% | +$2.34M |
|
1352
Plexus
PLXS
$6.75B
| $35.5M | 0.01% |
454,147
+32,435
| +8% | +$2.42M |
|
1353
Nu Skin
NUS
$258M
| $35.5M | 0.01% |
649,814
+25,807
| +4% | +$1.36M |
|
1354
Fulton Financial
FULT
$4.72B
| $35.4M | 0.01% |
2,786,486
+72,440
| +3% | +$861K |
|
1355
Wheaton Precious Metals
WPM
$49.4B
| $35.4M | 0.01% |
851,419
+51,553
| +6% | +$2.3M |
|
1356
Innospec
IOSP
$2.14B
| $35.4M | 0.01% |
389,953
+24,323
| +7% | +$1.89M |
|
1357
Korn Ferry
KFY
$4.26B
| $35.4M | 0.01% |
812,979
+16,396
| +2% | +$603K |
|
1358
WSFS Financial
WSFS
$4.16B
| $35.4M | 0.01% |
787,957
+17,385
| +2% | +$638K |
|
1359
Goosehead Insurance
GSHD
$2.31B
| $35.3M | 0.01% |
283,253
+35,149
| +14% | +$4.02M |
|
|
BLUE
1360
DELISTED
bluebird bio
BLUE
| $35.2M | 0.01% |
62,869
+4,043
| +7% | +$2.56M |
|
|
ITCI
1361
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $35.2M | 0.01% |
1,107,996
+104,632
| +10% | +$2.75M |
|
|
DOOR
1362
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $35.2M | 0.01% |
358,291
+22,899
| +7% | +$2.22M |
|
1363
Progress Software
PRGS
$1.72B
| $35.2M | 0.01% |
779,211
+29,619
| +4% | +$1.2M |
|
|
TPH
1364
DELISTED
Tri Pointe Homes
TPH
| $35M | 0.01% |
2,026,332
+34,315
| +2% | +$607K |
|
1365
Dycom Industries
DY
$12.2B
| $34.9M | 0.01% |
461,671
+18,995
| +4% | +$1.31M |
|
1366
Immunovant
IMVT
$7.93B
| $34.8M | 0.01% |
754,490
+196,009
| +35% | +$9.06M |
|
1367
Axsome Therapeutics
AXSM
$10.9B
| $34.8M | 0.01% |
427,301
+9,745
| +2% | +$729K |
|
|
BBBY
1368
DELISTED
Bed Bath & Beyond Inc
BBBY
| $34.7M | 0.01% |
1,956,374
+107,829
| +6% | +$2.24M |
|
|
MAXR
1369
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $34.7M | 0.01% |
900,129
+24,446
| +3% | +$719K |
|
1370
Shenandoah Telecom
SHEN
$694M
| $34.7M | 0.01% |
802,723
+51,088
| +7% | +$2.29M |
|
|
TWOU
1371
DELISTED
2U Inc
TWOU
| $34.7M | 0.01% |
28,902
+2,138
| +8% | +$2.29M |
|
1372
BP
BP
$113B
| $34.7M | 0.01% |
1,689,076
+301,165
| +22% | +$5.68M |
|
|
BECN
1373
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $34.6M | 0.01% |
861,000
+58,731
| +7% | +$2.15M |
|
1374
Rush Enterprises Class A
RUSHA
$6.33B
| $34.5M | 0.01% |
1,251,060
+75,100
| +6% | +$1.92M |
|
1375
Columbia Sportswear
COLM
$3.06B
| $34.5M | 0.01% |
394,447
+19,825
| +5% | +$1.72M |
|
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.