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 | |
|---|---|---|---|---|---|---|
1451
InterDigital
IDCC
$7.98B
| $30.2M | 0.01% |
497,080
+41,040
| +9% | +$2.46M |
|
|
DNB
1452
DELISTED
Dun & Bradstreet
DNB
| $30.1M | 0.01% |
1,209,545
+71,165
| +6% | +$1.9M |
|
|
CTB
1453
DELISTED
Cooper Tire & Rubber Co.
CTB
| $30.1M | 0.01% |
743,622
+55,112
| +8% | +$2.1M |
|
1454
Upbound Group
UPBD
$1.18B
| $30.1M | 0.01% |
786,214
-25,492
| -3% | -$866K |
|
|
CIM
1455
Chimera Investment
CIM
$1.06B
| $30.1M | 0.01% |
978,642
+49,422
| +5% | +$1.43M |
|
|
SILK
1456
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $30M | 0.01% |
476,890
+20,628
| +5% | +$1.28M |
|
|
CYBR
1457
DELISTED
CyberArk
CYBR
| $30M | 0.01% |
186,083
+3,037
| +2% | +$353K |
|
|
ROIC
1458
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $30M | 0.01% |
2,238,069
-65,764
| -3% | -$805K |
|
|
BDN
1459
Brandywine Realty Trust
BDN
$537M
| $29.9M | 0.01% |
2,508,259
-181,788
| -7% | -$1.95M |
|
1460
Cohen & Steers
CNS
$4.35B
| $29.8M | 0.01% |
401,632
+3,241
| +0.8% | +$214K |
|
1461
Virgin Galactic
SPCE
$359M
| $29.8M | 0.01% |
62,825
+4,374
| +7% | +$2.04M |
|
1462
Vicor
VICR
$9.9B
| $29.7M | 0.01% |
322,494
+19,578
| +6% | +$1.64M |
|
|
MDLA
1463
DELISTED
Medallia, Inc.
MDLA
| $29.7M | 0.01% |
895,207
+80,573
| +10% | +$2.57M |
|
|
THS
1464
DELISTED
Treehouse Foods
THS
| $29.7M | 0.01% |
698,883
+80,537
| +13% | +$3.28M |
|
1465
Diamondrock Hospitality Co
DRH
$2.74B
| $29.7M | 0.01% |
3,594,903
-82,817
| -2% | -$554K |
|
1466
Federal Signal
FSS
$7.86B
| $29.6M | 0.01% |
891,943
+74,376
| +9% | +$2.35M |
|
1467
Copa Holdings
CPA
$5.88B
| $29.6M | 0.01% |
382,772
+4,919
| +1% | +$328K |
|
1468
World Kinect Corp
WKC
$2B
| $29.4M | ﹤0.01% |
945,118
+43,995
| +5% | +$1.17M |
|
|
SWTX
1469
DELISTED
SpringWorks Therapeutics
SWTX
| $29.4M | ﹤0.01% |
405,811
+67,937
| +20% | +$4.37M |
|
1470
Teradata
TDC
$3.05B
| $29.4M | ﹤0.01% |
1,308,738
+93,668
| +8% | +$2.01M |
|
|
CUB
1471
DELISTED
Cubic Corporation
CUB
| $29.4M | ﹤0.01% |
473,206
+26,689
| +6% | +$1.62M |
|
1472
AeroVironment
AVAV
$8.04B
| $29.3M | ﹤0.01% |
337,502
+10,875
| +3% | +$873K |
|
|
PRO
1473
DELISTED
PROS Holdings
PRO
| $29.3M | ﹤0.01% |
577,671
+37,763
| +7% | +$1.49M |
|
1474
Pediatrix Medical
MD
$2.18B
| $29.3M | ﹤0.01% |
1,194,522
+50,922
| +4% | +$956K |
|
1475
Energizer
ENR
$1.46B
| $29.2M | ﹤0.01% |
693,449
+43,718
| +7% | +$1.85M |
|
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.