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 | |
|---|---|---|---|---|---|---|
|
DCT
1901
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $14.8M | ﹤0.01% |
340,905
+91,544
| +37% | +$3.88M |
|
|
BRKL
1902
DELISTED
Brookline Bancorp
BRKL
| $14.8M | ﹤0.01% |
1,225,166
-36,487
| -3% | -$395K |
|
|
HEES
1903
DELISTED
H&E Equipment Services
HEES
| $14.7M | ﹤0.01% |
494,478
+20,249
| +4% | +$521K |
|
1904
Delek US
DK
$4.06B
| $14.6M | ﹤0.01% |
911,623
+38,877
| +4% | +$513K |
|
1905
Axcelis
ACLS
$4.29B
| $14.6M | ﹤0.01% |
502,808
+17,441
| +4% | +$451K |
|
|
PRA
1906
DELISTED
ProAssurance
PRA
| $14.6M | ﹤0.01% |
820,461
+20,306
| +3% | +$331K |
|
1907
Columbus McKinnon
CMCO
$622M
| $14.6M | ﹤0.01% |
379,560
+8,710
| +2% | +$328K |
|
1908
National Healthcare
NHC
$3.25B
| $14.6M | ﹤0.01% |
219,381
+8,265
| +4% | +$544K |
|
|
PING
1909
DELISTED
Ping Identity Holding Corp.
PING
| $14.6M | ﹤0.01% |
508,626
+30,724
| +6% | +$850K |
|
1910
Usana Health Sciences
USNA
$421M
| $14.5M | ﹤0.01% |
188,551
+3,172
| +2% | +$245K |
|
1911
Replimune Group
REPL
$1B
| $14.5M | ﹤0.01% |
380,892
+90,086
| +31% | +$3.75M |
|
1912
Rhythm Pharmaceuticals
RYTM
$7.26B
| $14.5M | ﹤0.01% |
488,447
-3,232
| -0.7% | -$82.1K |
|
1913
Orion
OEC
$376M
| $14.4M | ﹤0.01% |
842,974
+36,536
| +5% | +$557K |
|
1914
Benchmark Electronics
BHE
$3.07B
| $14.4M | ﹤0.01% |
534,300
+3,743
| +0.7% | +$88.4K |
|
1915
Lantheus
LNTH
$6.58B
| $14.4M | ﹤0.01% |
1,064,958
+10,365
| +1% | +$136K |
|
1916
Pilgrim's Pride
PPC
$6.42B
| $14.4M | ﹤0.01% |
732,582
+7,019
| +1% | +$127K |
|
|
CNST
1917
DELISTED
Constellation Pharmaceuticals, Inc.
CNST
| $14.3M | ﹤0.01% |
498,208
+41,204
| +9% | +$1.04M |
|
1918
Enterprise Financial Services Corp
EFSC
$2.44B
| $14.3M | ﹤0.01% |
410,410
+8,511
| +2% | +$278K |
|
|
GLDD
1919
DELISTED
Great Lakes Dredge & Dock
GLDD
| $14.3M | ﹤0.01% |
1,088,420
+6,763
| +0.6% | +$75.7K |
|
1920
Krystal Biotech
KRYS
$9.61B
| $14.3M | ﹤0.01% |
238,707
+29,766
| +14% | +$1.49M |
|
|
SHYF
1921
DELISTED
The Shyft Group
SHYF
| $14.3M | ﹤0.01% |
504,335
+12,299
| +2% | +$295K |
|
1922
Tompkins Financial
TMP
$1.46B
| $14.3M | ﹤0.01% |
202,498
+1,169
| +0.6% | +$74K |
|
1923
RB Global
RBA
$20.7B
| $14.3M | ﹤0.01% |
206,271
+12,928
| +7% | +$856K |
|
|
POLY
1924
DELISTED
Plantronics, Inc.
POLY
| $14.3M | ﹤0.01% |
527,470
+37,106
| +8% | +$814K |
|
1925
Douglas Dynamics
PLOW
$1.03B
| $14.2M | ﹤0.01% |
331,542
+4,278
| +1% | +$164K |
|
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.