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 | |
|---|---|---|---|---|---|---|
|
ATRI
1926
DELISTED
Atrion Corp
ATRI
| $14.1M | ﹤0.01% |
21,944
-243
| -1% | -$151K |
|
1927
Standex International
SXI
$3.91B
| $14.1M | ﹤0.01% |
181,683
+1,702
| +0.9% | +$121K |
|
1928
The RMR Group
RMR
$325M
| $14.1M | ﹤0.01% |
364,495
+41,281
| +13% | +$1.36M |
|
1929
Option Care Health
OPCH
$3.55B
| $14.1M | ﹤0.01% |
899,887
+106,589
| +13% | +$1.59M |
|
1930
Arcturus Therapeutics
ARCT
$177M
| $14.1M | ﹤0.01% |
324,396
+54,862
| +20% | +$3.72M |
|
|
DCH
1931
Dauch Corp
DCH
$1.42B
| $14.1M | ﹤0.01% |
1,685,779
+133
| +0% | +$1K |
|
1932
FirstService
FSV
$6.21B
| $14M | ﹤0.01% |
102,904
+59,918
| +139% | +$8.07M |
|
1933
Wabash National
WNC
$507M
| $14M | ﹤0.01% |
810,881
+50,106
| +7% | +$811K |
|
1934
Dine Brands
DIN
$442M
| $14M | ﹤0.01% |
240,669
+5,901
| +3% | +$359K |
|
1935
Employers Holdings
EIG
$911M
| $13.9M | ﹤0.01% |
432,835
+12,067
| +3% | +$389K |
|
1936
Cenovus Energy
CVE
$53B
| $13.9M | ﹤0.01% |
2,303,016
+501,917
| +28% | +$2.34M |
|
1937
CAE Inc. Common Shares
CAE
$8.62B
| $13.9M | ﹤0.01% |
505,330
+54,135
| +12% | +$1.16M |
|
|
DENN
1938
DELISTED
Denny's
DENN
| $13.9M | ﹤0.01% |
945,107
+59,768
| +7% | +$684K |
|
1939
Heartland Express
HTLD
$990M
| $13.9M | ﹤0.01% |
766,341
-5,423
| -0.7% | -$102K |
|
|
PFC
1940
DELISTED
Premier Financial Corp. Common Stock
PFC
| $13.9M | ﹤0.01% |
602,769
+4,612
| +0.8% | +$93.4K |
|
|
NP
1941
DELISTED
Neenah, Inc. Common Stock
NP
| $13.9M | ﹤0.01% |
250,589
-3,897
| -2% | -$179K |
|
1942
Matthews International
MATW
$880M
| $13.8M | ﹤0.01% |
469,827
+4,690
| +1% | +$121K |
|
|
CELL
1943
DELISTED
PhenomeX Inc. Common Stock
CELL
| $13.8M | ﹤0.01% |
154,238
+17,916
| +13% | +$1.51M |
|
1944
Pulmonx
LUNG
$87M
| $13.8M | ﹤0.01% |
+199,403
| New | +$9.77M |
|
1945
GoodRx Holdings
GDRX
$1.13B
| $13.7M | ﹤0.01% |
340,832
+312,959
| +1,123% | +$14.4M |
|
1946
TSMC
TSM
$2.16T
| $13.7M | ﹤0.01% |
125,554
-64,798
| -34% | -$6.15M |
|
|
TRHC
1947
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $13.7M | ﹤0.01% |
320,665
+9,434
| +3% | +$358K |
|
1948
Prelude Therapeutics
PRLD
$360M
| $13.7M | ﹤0.01% |
+191,628
| New | +$9.53M |
|
1949
Stock Yards Bancorp
SYBT
$2.65B
| $13.7M | ﹤0.01% |
338,425
+5,994
| +2% | +$237K |
|
|
MBT
1950
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $13.6M | ﹤0.01% |
1,532,643
+292,511
| +24% | +$2.48M |
|
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.