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 | |
|---|---|---|---|---|---|---|
1476
eHealth
EHTH
$44.8M
| $29.2M | ﹤0.01% |
414,169
+17,365
| +4% | +$1.32M |
|
1477
iShares MSCI Emerging Markets ETF
EEM
$28.9B
| – | – |
0
| – | – |
|
|
ILPT
1478
Industrial Logistics Properties Trust
ILPT
$584M
| $29.2M | ﹤0.01% |
1,253,381
-29,495
| -2% | -$645K |
|
1479
Kontoor Brands
KTB
$4.72B
| $29.2M | ﹤0.01% |
719,382
+33,224
| +5% | +$1.22M |
|
|
AAT
1480
American Assets Trust
AAT
$1.46B
| $29.1M | ﹤0.01% |
1,007,090
-44,921
| -4% | -$1.2M |
|
|
SWN
1481
DELISTED
Southwestern Energy Company
SWN
| $29.1M | ﹤0.01% |
9,756,349
+1,387,129
| +17% | +$4.09M |
|
1482
Mueller Water Products
MWA
$4.03B
| $29M | ﹤0.01% |
2,342,017
+198,923
| +9% | +$2.29M |
|
1483
Sprouts Farmers Market
SFM
$8.31B
| $29M | ﹤0.01% |
1,442,348
+29,827
| +2% | +$611K |
|
1484
Palomar
PLMR
$3.59B
| $28.9M | ﹤0.01% |
325,656
+11,502
| +4% | +$968K |
|
1485
HUB Group
HUBG
$2.8B
| $28.9M | ﹤0.01% |
1,014,882
+48,920
| +5% | +$1.32M |
|
1486
Navient
NAVI
$835M
| $28.9M | ﹤0.01% |
2,941,843
+135,032
| +5% | +$1.28M |
|
1487
Renasant Corp
RNST
$4.03B
| $28.9M | ﹤0.01% |
857,179
+27,956
| +3% | +$854K |
|
|
MTOR
1488
DELISTED
MERITOR, Inc.
MTOR
| $28.9M | ﹤0.01% |
1,034,208
+70,075
| +7% | +$1.85M |
|
|
INFN
1489
DELISTED
Infinera Corporation Common Stock
INFN
| $28.8M | ﹤0.01% |
2,751,579
+234,530
| +9% | +$1.86M |
|
1490
Domo
DOMO
$183M
| $28.8M | ﹤0.01% |
451,397
+44,948
| +11% | +$1.94M |
|
1491
Winnebago Industries
WGO
$887M
| $28.7M | ﹤0.01% |
478,033
+28,430
| +6% | +$1.55M |
|
|
TSE
1492
DELISTED
Trinseo
TSE
| $28.6M | ﹤0.01% |
559,403
+18,094
| +3% | +$690K |
|
1493
Warner Music
WMG
$13.4B
| $28.6M | ﹤0.01% |
753,556
+81,312
| +12% | +$2.48M |
|
|
ATSG
1494
DELISTED
Air Transport Services Group
ATSG
| $28.6M | ﹤0.01% |
913,354
+36,771
| +4% | +$1.07M |
|
1495
Chesapeake Utilities
CPK
$3.21B
| $28.6M | ﹤0.01% |
264,209
+29,009
| +12% | +$2.91M |
|
|
TWNK
1496
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $28.5M | ﹤0.01% |
1,946,083
+118,749
| +6% | +$1.6M |
|
1497
Comfort Systems
FIX
$62.2B
| $28.3M | ﹤0.01% |
537,979
+13,735
| +3% | +$712K |
|
|
SGMO
1498
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $28.3M | ﹤0.01% |
1,814,837
+56,003
| +3% | +$656K |
|
1499
Thomson Reuters
TRI
$44.5B
| $28.3M | ﹤0.01% |
329,244
+18,472
| +6% | +$1.58M |
|
1500
Ironwood Pharmaceuticals
IRWD
$733M
| $28.2M | ﹤0.01% |
2,474,244
+116,777
| +5% | +$1.28M |
|
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.