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 | |
|---|---|---|---|---|---|---|
2076
Allegro MicroSystems
ALGM
$7.99B
| $11.5M | ﹤0.01% |
+429,753
| New | +$10.4M |
|
|
HIBB
2077
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $11.5M | ﹤0.01% |
248,101
+1,450
| +0.6% | +$64.8K |
|
|
XENT
2078
DELISTED
Intersect ENT, Inc
XENT
| $11.4M | ﹤0.01% |
499,788
+14,613
| +3% | +$278K |
|
|
BCOV
2079
DELISTED
Brightcove, Inc.
BCOV
| $11.4M | ﹤0.01% |
620,565
+35,717
| +6% | +$509K |
|
2080
Adtran
ADTN
$710M
| $11.4M | ﹤0.01% |
768,698
+5,946
| +0.8% | +$75.5K |
|
2081
CNA Financial
CNA
$14.3B
| $11.3M | ﹤0.01% |
291,057
+16,439
| +6% | +$560K |
|
2082
Hyliion Holdings
HYLN
$729M
| $11.3M | ﹤0.01% |
+686,825
| New | +$15.6M |
|
|
CCF
2083
DELISTED
Chase Corporation
CCF
| $11.3M | ﹤0.01% |
111,809
+1,902
| +2% | +$199K |
|
2084
Praxis Precision Medicines
PRAX
$8.64B
| $11.3M | ﹤0.01% |
+13,670
| New | +$7.98M |
|
|
QUOT
2085
DELISTED
Quotient Technology Inc
QUOT
| $11.3M | ﹤0.01% |
1,196,131
+15,043
| +1% | +$126K |
|
|
CBB
2086
DELISTED
Cincinnati Bell Inc.
CBB
| $11.3M | ﹤0.01% |
736,299
+22,273
| +3% | +$338K |
|
|
CLCT
2087
DELISTED
Collectors Universe
CLCT
| $11.2M | ﹤0.01% |
149,079
+9,012
| +6% | +$611K |
|
2088
PetMed Express
PETS
$42.5M
| $11.2M | ﹤0.01% |
350,552
-7,002
| -2% | -$216K |
|
2089
Mitek Systems
MITK
$800M
| $11.2M | ﹤0.01% |
631,855
+32,934
| +5% | +$456K |
|
2090
Vanguard FTSE Developed Markets ETF
VEA
$234B
| $11.2M | ﹤0.01% |
+237,801
| New | +$10.5M |
|
|
HSII
2091
DELISTED
Heidrick & Struggles
HSII
| $11.2M | ﹤0.01% |
381,417
+279
| +0.1% | +$7K |
|
|
VIE
2092
DELISTED
Viela Bio, Inc. Common Stock
VIE
| $11.2M | ﹤0.01% |
311,398
+27,467
| +10% | +$962K |
|
2093
Cars.com
CARS
$668M
| $11.2M | ﹤0.01% |
990,808
+17,416
| +2% | +$175K |
|
2094
Atea Pharmaceuticals
AVIR
$376M
| $11.2M | ﹤0.01% |
+267,866
| New | +$8.63M |
|
2095
Vanda Pharmaceuticals
VNDA
$321M
| $11.2M | ﹤0.01% |
851,423
+33,581
| +4% | +$404K |
|
|
PRSU
2096
Pursuit Attractions and Hospitality Inc
PRSU
$1.42B
| $11.2M | ﹤0.01% |
308,766
+3,718
| +1% | +$101K |
|
|
KNL
2097
DELISTED
Knoll, Inc.
KNL
| $11.1M | ﹤0.01% |
759,105
+43,754
| +6% | +$590K |
|
|
XRN
2098
Chiron Real Estate Inc
XRN
$465M
| $11.1M | ﹤0.01% |
170,470
+45,653
| +37% | +$3.14M |
|
|
COWN
2099
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $11.1M | ﹤0.01% |
428,001
-13,027
| -3% | -$294K |
|
2100
OraSure Technologies
OSUR
$287M
| $11.1M | ﹤0.01% |
1,050,274
+10,738
| +1% | +$141K |
|
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.