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 | |
|---|---|---|---|---|---|---|
1676
Super Micro Computer
SMCI
$18.5B
| $21.6M | ﹤0.01% |
6,810,270
+361,310
| +6% | +$1.02M |
|
1677
Acadia Realty Trust
AKR
$3.07B
| $21.5M | ﹤0.01% |
1,514,527
-55,142
| -4% | -$693K |
|
1678
Penske Automotive Group
PAG
$14.3B
| $21.4M | ﹤0.01% |
360,077
+15,202
| +4% | +$857K |
|
1679
Sally Beauty Holdings
SBH
$1.54B
| $21.4M | ﹤0.01% |
1,638,445
+35,173
| +2% | +$376K |
|
|
YMAB
1680
DELISTED
Y-mAbs Therapeutics
YMAB
| $21.3M | ﹤0.01% |
430,878
+29,701
| +7% | +$1.37M |
|
1681
Murphy Oil
MUR
$5.55B
| $21.3M | ﹤0.01% |
1,759,992
+192,280
| +12% | +$1.91M |
|
1682
TriMas Corp
TRS
$1.45B
| $21.2M | ﹤0.01% |
670,399
+934
| +0.1% | +$25.6K |
|
|
CORE
1683
DELISTED
Core Mark Holding Co., Inc.
CORE
| $21.2M | ﹤0.01% |
722,299
+34,194
| +5% | +$1.05M |
|
|
SAFE
1684
DELISTED
Safehold Inc.
SAFE
| $21.2M | ﹤0.01% |
292,551
+60,191
| +26% | +$4.1M |
|
|
ARGO
1685
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $21.2M | ﹤0.01% |
484,452
+11,854
| +3% | +$473K |
|
|
KL
1686
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $21.1M | ﹤0.01% |
509,229
+20,630
| +4% | +$915K |
|
1687
Coca-Cola Consolidated
COKE
$12B
| $21.1M | ﹤0.01% |
793,900
-14,440
| -2% | -$367K |
|
|
GLUU
1688
DELISTED
Glu Mobile Inc.
GLUU
| $21.1M | ﹤0.01% |
2,345,284
+131,000
| +6% | +$1.13M |
|
1689
Dave & Buster's
PLAY
$403M
| $21M | ﹤0.01% |
700,415
+30,176
| +5% | +$671K |
|
1690
Vericel Corp
VCEL
$2.36B
| $21M | ﹤0.01% |
680,169
+11,792
| +2% | +$281K |
|
1691
Middlesex Water
MSEX
$1.07B
| $21M | ﹤0.01% |
289,118
+11,126
| +4% | +$769K |
|
1692
Mesa Laboratories
MLAB
$584M
| $20.9M | ﹤0.01% |
73,024
+5,936
| +9% | +$1.63M |
|
1693
Nice
NICE
$5.9B
| $20.9M | ﹤0.01% |
73,774
+6,047
| +9% | +$1.47M |
|
1694
Acushnet Holdings
GOLF
$5.98B
| $20.8M | ﹤0.01% |
514,218
+28,442
| +6% | +$1.06M |
|
1695
Northwest Natural Holdings
NWN
$2.06B
| $20.8M | ﹤0.01% |
453,231
+12,954
| +3% | +$613K |
|
1696
Enviri
NVRI
$651M
| $20.8M | ﹤0.01% |
1,156,045
+35,167
| +3% | +$565K |
|
1697
Travere Therapeutics
TVTX
$5.11B
| $20.7M | ﹤0.01% |
757,861
+29,437
| +4% | +$687K |
|
|
GMS
1698
DELISTED
GMS Inc
GMS
| $20.7M | ﹤0.01% |
677,594
+22,269
| +3% | +$621K |
|
1699
Hope Bancorp
HOPE
$1.81B
| $20.6M | ﹤0.01% |
1,890,459
+79,721
| +4% | +$742K |
|
1700
Telephone and Data Systems
TDS
$3.92B
| $20.6M | ﹤0.01% |
1,107,044
+13,251
| +1% | +$244K |
|
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.