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 | |
|---|---|---|---|---|---|---|
|
FFWM
2001
DELISTED
First Foundation Inc
FFWM
| $12.7M | ﹤0.01% |
633,266
+20,207
| +3% | +$344K |
|
2002
Monarch Casino & Resort
MCRI
$2.25B
| $12.7M | ﹤0.01% |
206,644
+6,780
| +3% | +$341K |
|
2003
Stride
LRN
$3.42B
| $12.6M | ﹤0.01% |
595,828
+19,104
| +3% | +$474K |
|
2004
Outset Medical
OM
$96.8M
| $12.6M | ﹤0.01% |
14,835
+12,979
| +699% | +$10M |
|
2005
RadNet
RDNT
$5.44B
| $12.6M | ﹤0.01% |
646,028
+14,004
| +2% | +$247K |
|
2006
Shattuck Labs
STTK
$756M
| $12.6M | ﹤0.01% |
+241,022
| New | +$7.75M |
|
2007
Columbia Financial
CLBK
$1.12B
| $12.6M | ﹤0.01% |
810,795
+10,549
| +1% | +$146K |
|
2008
Alphatec Holdings
ATEC
$1.59B
| $12.6M | ﹤0.01% |
868,099
+217,432
| +33% | +$2.3M |
|
2009
Logitech
LOGI
$15.6B
| $12.6M | ﹤0.01% |
129,286
+561
| +0.4% | +$48.4K |
|
2010
Inogen
INGN
$187M
| $12.6M | ﹤0.01% |
281,183
+10,206
| +4% | +$352K |
|
2011
Sanofi
SNY
$102B
| $12.5M | ﹤0.01% |
257,094
+4,275
| +2% | +$211K |
|
2012
Conduent
CNDT
$276M
| $12.5M | ﹤0.01% |
2,598,868
+49,546
| +2% | +$207K |
|
|
PETQ
2013
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $12.5M | ﹤0.01% |
324,394
+16,918
| +6% | +$524K |
|
2014
Innoviva
INVA
$1.54B
| $12.5M | ﹤0.01% |
1,006,097
+32,274
| +3% | +$348K |
|
2015
iHeartMedia
IHRT
$582M
| $12.4M | ﹤0.01% |
959,096
+69,998
| +8% | +$721K |
|
2016
Standard Motor Products
SMP
$915M
| $12.4M | ﹤0.01% |
307,541
+15,428
| +5% | +$724K |
|
2017
Buckle
BKE
$2.35B
| $12.4M | ﹤0.01% |
424,573
+12,345
| +3% | +$334K |
|
|
AIV
2018
Aimco
AIV
$384M
| $12.4M | ﹤0.01% |
2,348,038
-22,054,233
| -90% | -$97.9M |
|
|
HA
2019
DELISTED
Hawaiian Holdings, Inc.
HA
| $12.4M | ﹤0.01% |
698,523
+12,122
| +2% | +$205K |
|
2020
Andersons Inc
ANDE
$2.54B
| $12.4M | ﹤0.01% |
503,939
-4,381
| -0.9% | -$97.4K |
|
2021
BRC Group Holdings
RILY
$308M
| $12.3M | ﹤0.01% |
278,409
+20,548
| +8% | +$662K |
|
|
BBT
2022
Beacon Financial Corp
BBT
$2.71B
| $12.3M | ﹤0.01% |
718,682
+43,149
| +6% | +$644K |
|
|
CLR
2023
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $12.3M | ﹤0.01% |
753,942
+31,404
| +4% | +$469K |
|
2024
SI-BONE Inc
SIBN
$818M
| $12.3M | ﹤0.01% |
410,892
+68,231
| +20% | +$1.66M |
|
2025
Sony
SONY
$131B
| $12.3M | ﹤0.01% |
606,960
-700
| -0.1% | -$12.2K |
|
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.