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 | |
|---|---|---|---|---|---|---|
|
EIDX
1601
DELISTED
Eidos Therapeutics, Inc. Common Stock
EIDX
| $24.1M | ﹤0.01% |
183,207
+10,633
| +6% | +$940K |
|
1602
Towne Bank
TOWN
$3.48B
| $24.1M | ﹤0.01% |
1,025,398
+20,357
| +2% | +$421K |
|
1603
Range Resources
RRC
$9.43B
| $24.1M | ﹤0.01% |
3,593,302
+236,708
| +7% | +$1.74M |
|
1604
United Parks & Resorts
PRKS
$2.15B
| $24M | ﹤0.01% |
759,898
+72,564
| +11% | +$1.89M |
|
|
VSTO
1605
DELISTED
Vista Outdoor Inc.
VSTO
| $23.9M | ﹤0.01% |
1,006,928
+48,946
| +5% | +$1.04M |
|
1606
Central Garden & Pet Co Class A
CENTA
$2.39B
| $23.9M | ﹤0.01% |
821,674
+37,691
| +5% | +$1.1M |
|
1607
Arbor Realty Trust
ABR
$993M
| $23.9M | ﹤0.01% |
1,682,721
+272,177
| +19% | +$3.53M |
|
1608
Regenxbio
RGNX
$638M
| $23.7M | ﹤0.01% |
523,188
+29,792
| +6% | +$1.04M |
|
|
AXNX
1609
DELISTED
Axonics, Inc. Common Stock
AXNX
| $23.7M | ﹤0.01% |
475,096
+21,332
| +5% | +$1M |
|
|
WIRE
1610
DELISTED
Encore Wire Corp
WIRE
| $23.7M | ﹤0.01% |
390,752
+10,394
| +3% | +$537K |
|
1611
Yext
YEXT
$569M
| $23.7M | ﹤0.01% |
1,505,150
+137,376
| +10% | +$2.35M |
|
|
FIT
1612
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $23.7M | ﹤0.01% |
3,478,797
+153,822
| +5% | +$1.08M |
|
1613
Enpro
NPO
$7.06B
| $23.6M | ﹤0.01% |
313,174
+18,658
| +6% | +$1.25M |
|
1614
Atara Biotherapeutics
ATRA
$77M
| $23.6M | ﹤0.01% |
48,182
+5,645
| +13% | +$2.61M |
|
1615
Champion Homes
SKY
$4.44B
| $23.6M | ﹤0.01% |
762,324
+27,844
| +4% | +$821K |
|
1616
Reynolds Consumer Products
REYN
$5.32B
| $23.5M | ﹤0.01% |
783,565
+74,453
| +10% | +$2.25M |
|
|
VGR
1617
DELISTED
Vector Group Ltd.
VGR
| $23.5M | ﹤0.01% |
2,846,443
+74,585
| +3% | +$585K |
|
|
CSGS
1618
DELISTED
CSG Systems International
CSGS
| $23.5M | ﹤0.01% |
521,119
+7,634
| +1% | +$325K |
|
|
TUP
1619
DELISTED
Tupperware Brands Corporation
TUP
| $23.5M | ﹤0.01% |
724,882
+24,618
| +4% | +$726K |
|
1620
Kadant
KAI
$3.83B
| $23.4M | ﹤0.01% |
166,342
+5,632
| +4% | +$717K |
|
1621
Independence Realty Trust
IRT
$3.95B
| $23.4M | ﹤0.01% |
1,744,497
-30,095
| -2% | -$385K |
|
|
PGRE
1622
DELISTED
Paramount Group
PGRE
| $23.4M | ﹤0.01% |
2,589,194
-257,521
| -9% | -$2.07M |
|
|
SASR
1623
DELISTED
Sandy Spring Bancorp Inc
SASR
| $23.4M | ﹤0.01% |
725,708
+10,141
| +1% | +$289K |
|
1624
Kite Realty
KRG
$5.69B
| $23.4M | ﹤0.01% |
1,561,366
-65,367
| -4% | -$868K |
|
1625
BancFirst
BANF
$3.83B
| $23.3M | ﹤0.01% |
397,420
+23,285
| +6% | +$1.2M |
|
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.