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 | |
|---|---|---|---|---|---|---|
|
RAVN
1726
DELISTED
Raven Industries Inc
RAVN
| $19.7M | ﹤0.01% |
596,411
+86,462
| +17% | +$2.28M |
|
1727
Pathward Financial
CASH
$1.92B
| $19.7M | ﹤0.01% |
539,731
+24,564
| +5% | +$748K |
|
1728
Alamo Group
ALG
$1.99B
| $19.7M | ﹤0.01% |
143,025
+3,172
| +2% | +$411K |
|
1729
Tronox
TROX
$909M
| $19.7M | ﹤0.01% |
1,347,999
+26,753
| +2% | +$311K |
|
|
VCRA
1730
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $19.7M | ﹤0.01% |
473,755
+21,979
| +5% | +$754K |
|
1731
Materion
MTRN
$4.45B
| $19.7M | ﹤0.01% |
308,728
+8,072
| +3% | +$464K |
|
|
IMGN
1732
DELISTED
Immunogen Inc
IMGN
| $19.6M | ﹤0.01% |
3,046,603
+275,364
| +10% | +$1.61M |
|
|
VBTX
1733
DELISTED
Veritex Holdings
VBTX
| $19.6M | ﹤0.01% |
765,230
+26,074
| +4% | +$573K |
|
|
UCTT
1734
Ultra Clean Holdings
UCTT
$4B
| $19.6M | ﹤0.01% |
630,218
+27,426
| +5% | +$765K |
|
1735
Southern Copper
SCCO
$155B
| $19.6M | ﹤0.01% |
326,876
+8,639
| +3% | +$445K |
|
1736
Transocean
RIG
$5.7B
| $19.6M | ﹤0.01% |
8,476,181
+39,456
| +0.5% | +$58K |
|
1737
BCE
BCE
$20.3B
| $19.6M | ﹤0.01% |
441,211
-2,291
| -0.5% | -$98K |
|
|
TBIO
1738
DELISTED
Translate Bio, Inc. Common Stock
TBIO
| $19.5M | ﹤0.01% |
1,059,949
+60,195
| +6% | +$1.08M |
|
|
CATM
1739
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $19.5M | ﹤0.01% |
552,329
+25,824
| +5% | +$645K |
|
1740
Enerpac Tool Group
EPAC
$1.85B
| $19.5M | ﹤0.01% |
860,742
+86,637
| +11% | +$1.81M |
|
1741
Rocket Companies
RKT
$38.7B
| $19.4M | ﹤0.01% |
961,351
+194,810
| +25% | +$4.11M |
|
1742
Shift4
FOUR
$4.31B
| $19.4M | ﹤0.01% |
257,711
+85,162
| +49% | +$5.09M |
|
1743
BGC Group
BGC
$5.38B
| $19.4M | ﹤0.01% |
4,850,345
+414,399
| +9% | +$1.45M |
|
1744
Deluxe
DLX
$1.23B
| $19.4M | ﹤0.01% |
663,789
+2,711
| +0.4% | +$69.9K |
|
1745
ePlus
PLUS
$2.45B
| $19.3M | ﹤0.01% |
439,780
+1,444
| +0.3% | +$57.8K |
|
|
FARO
1746
DELISTED
Faro Technologies
FARO
| $19.3M | ﹤0.01% |
273,077
+16,635
| +6% | +$1.1M |
|
|
OPI
1747
DELISTED
Office Properties Income Trust
OPI
| $19.2M | ﹤0.01% |
845,181
-67,182
| -7% | -$1.47M |
|
|
JOYY
1748
JOYY Inc
JOYY
$3.73B
| $19.2M | ﹤0.01% |
241,333
+9,919
| +4% | +$853K |
|
1749
Tencent Music
TME
$15.6B
| $19.1M | ﹤0.01% |
1,002,786
+38,866
| +4% | +$632K |
|
1750
Tennant Co
TNC
$1.46B
| $19M | ﹤0.01% |
271,109
+8,323
| +3% | +$546K |
|
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.