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 | |
|---|---|---|---|---|---|---|
1751
Codexis
CDXS
$156M
| $19M | ﹤0.01% |
868,771
+90,121
| +12% | +$1.48M |
|
1752
Provident Financial Services
PFS
$3.28B
| $18.9M | ﹤0.01% |
1,054,681
+28,540
| +3% | +$435K |
|
1753
3D Systems Corp
DDD
$462M
| $18.9M | ﹤0.01% |
1,807,118
+73,710
| +4% | +$599K |
|
1754
The GEO Group
GEO
$4.19B
| $18.9M | ﹤0.01% |
2,131,580
+363,606
| +21% | +$3.49M |
|
|
BWIN
1755
Baldwin Insurance Group
BWIN
$2.85B
| $18.8M | ﹤0.01% |
628,130
+149,556
| +31% | +$4.33M |
|
1756
Stewart Information Services
STC
$2.1B
| $18.8M | ﹤0.01% |
388,870
+30,760
| +9% | +$1.4M |
|
|
VRE
1757
DELISTED
Veris Residential
VRE
| $18.8M | ﹤0.01% |
1,505,703
-66,365
| -4% | -$846K |
|
|
EVOP
1758
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $18.8M | ﹤0.01% |
694,573
+89,189
| +15% | +$2.24M |
|
1759
NETGEAR
NTGR
$648M
| $18.8M | ﹤0.01% |
461,729
+16,510
| +4% | +$561K |
|
1760
The RealReal
REAL
$1.51B
| $18.7M | ﹤0.01% |
958,162
+42,201
| +5% | +$651K |
|
1761
AMERISAFE
AMSF
$564M
| $18.7M | ﹤0.01% |
325,905
-6,589
| -2% | -$381K |
|
1762
Century Communities
CCS
$1.96B
| $18.7M | ﹤0.01% |
426,762
+9,807
| +2% | +$432K |
|
|
WW
1763
DELISTED
WW International
WW
| $18.7M | ﹤0.01% |
764,971
-4,348
| -0.6% | -$113K |
|
1764
Pan American Silver
PAAS
$18.4B
| $18.6M | ﹤0.01% |
542,486
+22,885
| +4% | +$739K |
|
1765
Schneider National
SNDR
$6.12B
| $18.6M | ﹤0.01% |
896,678
+139,846
| +18% | +$3.13M |
|
1766
Abercrombie & Fitch
ANF
$4.84B
| $18.6M | ﹤0.01% |
911,654
+41,994
| +5% | +$770K |
|
1767
Relay Therapeutics
RLAY
$4.09B
| $18.5M | ﹤0.01% |
446,024
+9,042
| +2% | +$409K |
|
1768
Marten Transport
MRTN
$1.22B
| $18.5M | ﹤0.01% |
1,073,064
+40,969
| +4% | +$702K |
|
1769
Encore Capital Group
ECPG
$2.06B
| $18.5M | ﹤0.01% |
474,480
+15,202
| +3% | +$553K |
|
1770
Greif
GEF
$4.93B
| $18.5M | ﹤0.01% |
393,919
+12,698
| +3% | +$575K |
|
1771
Cerus
CERS
$433M
| $18.5M | ﹤0.01% |
2,667,088
+115,511
| +5% | +$757K |
|
|
GTY
1772
Getty Realty Corp
GTY
$2.1B
| $18.4M | ﹤0.01% |
668,166
-11,592
| -2% | -$321K |
|
|
BRMK
1773
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $18.4M | ﹤0.01% |
1,800,253
+85,674
| +5% | +$873K |
|
1774
Brown-Forman Class A
BF.A
$12.9B
| $18.3M | ﹤0.01% |
249,671
+6,027
| +2% | +$433K |
|
1775
Granite Construction
GVA
$5.43B
| $18.3M | ﹤0.01% |
685,901
+23,512
| +4% | +$540K |
|
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.