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 | |
|---|---|---|---|---|---|---|
|
PDCE
1426
DELISTED
PDC Energy, Inc.
PDCE
| $31.5M | 0.01% |
1,535,740
+48,565
| +3% | +$759K |
|
|
MGLN
1427
DELISTED
Magellan Health Services, Inc.
MGLN
| $31.5M | 0.01% |
380,223
+20,906
| +6% | +$1.65M |
|
1428
Agios Pharmaceuticals
AGIO
$1.83B
| $31.4M | 0.01% |
725,231
+18,204
| +3% | +$720K |
|
1429
First Merchants
FRME
$2.73B
| $31.4M | 0.01% |
839,928
+31,804
| +4% | +$987K |
|
1430
Zai Lab
ZLAB
$2.06B
| $31.4M | 0.01% |
233,691
+7,715
| +3% | +$785K |
|
1431
Associated Banc-Corp
ASB
$5.93B
| $31.4M | 0.01% |
1,838,802
+199,121
| +12% | +$3.02M |
|
1432
Agnico Eagle Mines
AEM
$74.5B
| $31.3M | 0.01% |
448,035
+28,607
| +7% | +$2.13M |
|
|
STAY
1433
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $31.2M | 0.01% |
2,108,481
-250,289
| -11% | -$3.25M |
|
1434
Compass Minerals
CMP
$1.2B
| $31.2M | 0.01% |
505,257
+35,771
| +8% | +$2.22M |
|
1435
Workhorse Group
WKHS
$33.3M
| $31.2M | 0.01% |
525
+63
| +14% | +$4.1M |
|
|
SIX
1436
DELISTED
Six Flags Entertainment Corp.
SIX
| $31.1M | 0.01% |
912,783
+60,794
| +7% | +$1.67M |
|
1437
ATI
ATI
$26B
| $31.1M | 0.01% |
1,854,181
+76,672
| +4% | +$974K |
|
|
SFBS
1438
ServisFirst Bancshares
SFBS
$4.92B
| $31.1M | 0.01% |
771,625
+41,371
| +6% | +$1.6M |
|
|
MFA
1439
MFA Financial
MFA
$931M
| $31M | 0.01% |
1,986,246
+50,888
| +3% | +$686K |
|
1440
Rambus
RMBS
$10B
| $30.8M | 0.01% |
1,766,320
+79,002
| +5% | +$1.24M |
|
1441
Rogers Communications
RCI
$18.4B
| $30.8M | 0.01% |
664,343
+32,479
| +5% | +$1.44M |
|
1442
GDS Holdings
GDS
$6.68B
| $30.7M | 0.01% |
330,239
+37,014
| +13% | +$3.29M |
|
1443
Cabot Corp
CBT
$4.6B
| $30.7M | 0.01% |
683,937
+72,293
| +12% | +$3M |
|
|
MNR
1444
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $30.7M | 0.01% |
1,771,457
+19,404
| +1% | +$293K |
|
1445
Avis
CAR
$4.9B
| $30.7M | 0.01% |
821,902
+33,851
| +4% | +$1.19M |
|
1446
Helmerich & Payne
HP
$3.39B
| $30.6M | 0.01% |
1,323,107
+166,641
| +14% | +$3.23M |
|
|
CXP
1447
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $30.6M | 0.01% |
2,132,599
-40,394
| -2% | -$514K |
|
|
FBC
1448
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $30.4M | 0.01% |
745,579
+138,998
| +23% | +$4.79M |
|
|
CSII
1449
DELISTED
Cardiovascular Systems, Inc.
CSII
| $30.3M | 0.01% |
692,754
+49,062
| +8% | +$1.85M |
|
1450
Axos Financial
AX
$5.89B
| $30.3M | 0.01% |
806,477
+17,817
| +2% | +$563K |
|
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.