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 | |
|---|---|---|---|---|---|---|
|
USCR
2201
DELISTED
U S Concrete, Inc.
USCR
| $9.71M | ﹤0.01% |
242,940
-1,411
| -0.6% | -$50.2K |
|
2202
MGP Ingredients
MGPI
$376M
| $9.71M | ﹤0.01% |
206,268
-4,466
| -2% | -$192K |
|
2203
Helix Energy Solutions
HLX
$1.37B
| $9.7M | ﹤0.01% |
2,310,076
-3,318
| -0.1% | -$11.1K |
|
2204
Axogen
AXGN
$2.42B
| $9.68M | ﹤0.01% |
540,919
+18,027
| +3% | +$265K |
|
|
ALBO
2205
DELISTED
Albireo Pharma Inc
ALBO
| $9.68M | ﹤0.01% |
257,975
+32,794
| +15% | +$1.19M |
|
2206
American Superconductor
AMSC
$1.61B
| $9.66M | ﹤0.01% |
412,684
+108,904
| +36% | +$1.93M |
|
2207
Anika Therapeutics
ANIK
$258M
| $9.64M | ﹤0.01% |
213,001
+3,889
| +2% | +$148K |
|
|
TBI
2208
Trueblue
TBI
$300M
| $9.64M | ﹤0.01% |
515,688
-2,939
| -0.6% | -$52.9K |
|
|
TGI
2209
DELISTED
Triumph Group
TGI
| $9.64M | ﹤0.01% |
767,319
+21,746
| +3% | +$226K |
|
2210
Liberty Media Series A
FWONA
$22B
| $9.64M | ﹤0.01% |
264,932
-6,562
| -2% | -$229K |
|
2211
PDF Solutions
PDFS
$2.09B
| $9.63M | ﹤0.01% |
445,870
+3,820
| +0.9% | +$80.2K |
|
2212
Argan
AGX
$8.6B
| $9.62M | ﹤0.01% |
216,255
+12,108
| +6% | +$543K |
|
2213
Interface
TILE
$2.05B
| $9.58M | ﹤0.01% |
912,357
+15,709
| +2% | +$126K |
|
|
BMTC
2214
DELISTED
Bryn Mawr Bank Corp
BMTC
| $9.54M | ﹤0.01% |
311,812
+4,671
| +2% | +$136K |
|
2215
Arcutis Biotherapeutics
ARQT
$3.34B
| $9.51M | ﹤0.01% |
338,152
+90,239
| +36% | +$2.21M |
|
2216
SelectQuote
SLQT
$124M
| $9.51M | ﹤0.01% |
458,227
+1,715
| +0.4% | +$35.2K |
|
2217
Community Trust Bancorp
CTBI
$1.44B
| $9.49M | ﹤0.01% |
256,131
+49,207
| +24% | +$1.66M |
|
|
MOMO
2218
Hello Group
MOMO
$860M
| $9.48M | ﹤0.01% |
683,261
+42,694
| +7% | +$617K |
|
|
MSGN
2219
DELISTED
MSG Networks Inc.
MSGN
| $9.47M | ﹤0.01% |
642,553
+36,453
| +6% | +$407K |
|
2220
QCR Holdings
QCRH
$1.72B
| $9.45M | ﹤0.01% |
238,704
+5,563
| +2% | +$194K |
|
|
LGF.A
2221
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $9.44M | ﹤0.01% |
830,593
+48,733
| +6% | +$438K |
|
|
SPTN
2222
DELISTED
SpartanNash
SPTN
| $9.44M | ﹤0.01% |
542,227
-522
| -0.1% | -$9.74K |
|
2223
Ribbon Communications
RBBN
$381M
| $9.42M | ﹤0.01% |
1,436,661
+192,671
| +15% | +$1.02M |
|
2224
Koppers
KOP
$988M
| $9.4M | ﹤0.01% |
301,595
+49
| +0% | +$1.28K |
|
|
CDMO
2225
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $9.38M | ﹤0.01% |
812,858
+43,073
| +6% | +$394K |
|
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.