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 | |
|---|---|---|---|---|---|---|
1826
First Bancorp
FBNC
$2.72B
| $16.9M | ﹤0.01% |
500,902
+41,474
| +9% | +$1.2M |
|
1827
Kinross Gold
KGC
$28.2B
| $16.9M | ﹤0.01% |
2,317,409
+149,892
| +7% | +$1.19M |
|
|
ZGNX
1828
DELISTED
Zogenix, Inc.
ZGNX
| $16.8M | ﹤0.01% |
842,855
+18,988
| +2% | +$388K |
|
1829
Tanger
SKT
$4.72B
| $16.8M | ﹤0.01% |
1,687,310
-53,248
| -3% | -$450K |
|
1830
Stoke Therapeutics
STOK
$1.97B
| $16.8M | ﹤0.01% |
271,165
+68,976
| +34% | +$3.16M |
|
1831
Marcus & Millichap
MMI
$1.16B
| $16.8M | ﹤0.01% |
450,929
+69,527
| +18% | +$2.36M |
|
1832
Brookfield Infrastructure
BIPC
$4.99B
| $16.8M | ﹤0.01% |
347,585
+23,730
| +7% | +$1.01M |
|
1833
Arcus Biosciences
RCUS
$3.62B
| $16.8M | ﹤0.01% |
646,091
+30,237
| +5% | +$732K |
|
|
SI
1834
DELISTED
Silvergate Capital Corporation
SI
| $16.8M | ﹤0.01% |
225,567
+40,350
| +22% | +$1.33M |
|
|
GCP
1835
DELISTED
GCP Applied Technologies Inc.
GCP
| $16.7M | ﹤0.01% |
707,001
+19,627
| +3% | +$456K |
|
1836
Lemonade
LMND
$4.18B
| $16.7M | ﹤0.01% |
136,413
+6,105
| +5% | +$450K |
|
|
LADR
1837
Ladder Capital
LADR
$1.22B
| $16.7M | ﹤0.01% |
1,705,569
+222,461
| +15% | +$1.89M |
|
|
FSR
1838
DELISTED
Fisker Inc.
FSR
| $16.7M | ﹤0.01% |
+1,136,694
| New | +$16.7M |
|
|
CSR
1839
Centerspace
CSR
$914M
| $16.6M | ﹤0.01% |
235,668
-1,835
| -0.8% | -$129K |
|
1840
AMC Global Media
AMCX
$488M
| $16.6M | ﹤0.01% |
465,240
-144,646
| -24% | -$4.05M |
|
1841
Kulicke & Soffa
KLIC
$4.92B
| $16.6M | ﹤0.01% |
522,491
+13,126
| +3% | +$382K |
|
1842
Clean Energy Fuels
CLNE
$414M
| $16.5M | ﹤0.01% |
2,104,841
+85,623
| +4% | +$334K |
|
|
MODN
1843
DELISTED
MODEL N, INC.
MODN
| $16.5M | ﹤0.01% |
463,165
+21,775
| +5% | +$754K |
|
1844
Quanterix
QTRX
$172M
| $16.5M | ﹤0.01% |
353,856
+33,999
| +11% | +$1.48M |
|
1845
SiTime
SITM
$17.6B
| $16.4M | ﹤0.01% |
146,926
+13,486
| +10% | +$1.28M |
|
|
CWEN.A
1846
DELISTED
Clearway Energy Class A
CWEN.A
| $16.4M | ﹤0.01% |
555,379
+35,330
| +7% | +$987K |
|
1847
QuinStreet
QNST
$894M
| $16.4M | ﹤0.01% |
764,274
+29,301
| +4% | +$534K |
|
1848
Nkarta
NKTX
$165M
| $16.4M | ﹤0.01% |
266,134
+8,922
| +3% | +$371K |
|
1849
Sturm, Ruger & Co
RGR
$624M
| $16.3M | ﹤0.01% |
250,898
+3,075
| +1% | +$198K |
|
|
GNMK
1850
DELISTED
GenMark Diagnostics, Inc
GNMK
| $16.3M | ﹤0.01% |
1,113,654
-89,889
| -7% | -$1.19M |
|
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.