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 | |
|---|---|---|---|---|---|---|
2226
i3 Verticals
IIIV
$439M
| $9.35M | ﹤0.01% |
281,573
+58,246
| +26% | +$1.56M |
|
|
WNS
2227
DELISTED
WNS Holdings
WNS
| $9.34M | ﹤0.01% |
129,653
+1,454
| +1% | +$97.5K |
|
2228
Hyster-Yale Materials Handling
HY
$725M
| $9.33M | ﹤0.01% |
156,728
+7,901
| +5% | +$399K |
|
2229
Gorman-Rupp
GRC
$2.25B
| $9.33M | ﹤0.01% |
287,534
+12,874
| +5% | +$426K |
|
2230
Arlo Technologies
ARLO
$1.73B
| $9.31M | ﹤0.01% |
1,195,930
+71,336
| +6% | +$434K |
|
|
WOW
2231
DELISTED
WideOpenWest
WOW
| $9.3M | ﹤0.01% |
871,839
+203,232
| +30% | +$1.45M |
|
2232
ProPetro Holding
PUMP
$1.35B
| $9.29M | ﹤0.01% |
1,257,644
+20,218
| +2% | +$112K |
|
|
AEGN
2233
DELISTED
Aegion Corp
AEGN
| $9.29M | ﹤0.01% |
489,028
+4,047
| +0.8% | +$67.8K |
|
2234
Global Industrial
GIC
$1.48B
| $9.27M | ﹤0.01% |
258,167
+7,400
| +3% | +$221K |
|
2235
NRC Health Common Stock
NRC
$433M
| $9.21M | ﹤0.01% |
215,554
-487
| -0.2% | -$25K |
|
2236
Cooper-Standard Automotive
CPS
$553M
| $9.15M | ﹤0.01% |
263,929
+10,438
| +4% | +$290K |
|
2237
Origin Bancorp
OBK
$1.69B
| $9.13M | ﹤0.01% |
328,908
+2,831
| +0.9% | +$72.1K |
|
|
TRTX
2238
TPG RE Finance Trust
TRTX
$610M
| $9.11M | ﹤0.01% |
857,595
+18,218
| +2% | +$173K |
|
2239
Rigel Pharmaceuticals
RIGL
$749M
| $9.1M | ﹤0.01% |
260,031
+4,669
| +2% | +$135K |
|
2240
Sutro Biopharma
STRO
$416M
| $9.09M | ﹤0.01% |
41,852
+9,804
| +31% | +$1.62M |
|
|
BRSP
2241
BrightSpire Capital
BRSP
$633M
| $9.08M | ﹤0.01% |
1,210,663
+14,542
| +1% | +$94.3K |
|
|
EFC
2242
Ellington Financial
EFC
$1.66B
| $9.07M | ﹤0.01% |
611,396
+18,579
| +3% | +$259K |
|
|
KBAL
2243
DELISTED
Kimball International
KBAL
| $9.06M | ﹤0.01% |
758,528
-41,055
| -5% | -$467K |
|
2244
Imperial Oil
IMO
$60.6B
| $9.05M | ﹤0.01% |
478,882
+26,862
| +6% | +$430K |
|
|
CTT
2245
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $9.04M | ﹤0.01% |
965,294
+204,729
| +27% | +$1.86M |
|
2246
Clearwater Paper
CLW
$367M
| $9.03M | ﹤0.01% |
239,313
+11,060
| +5% | +$413K |
|
2247
Opendoor
OPEN
$3.63B
| $9.03M | ﹤0.01% |
+410,338
| New | +$8.61M |
|
2248
GFL Environmental
GFL
$14.9B
| $9M | ﹤0.01% |
+311,478
| New | +$7.63M |
|
|
ORBC
2249
DELISTED
ORBCOMM, Inc.
ORBC
| $8.99M | ﹤0.01% |
1,211,264
+15,864
| +1% | +$85.6K |
|
|
NFBK
2250
DELISTED
Northfield Bancorp
NFBK
| $8.98M | ﹤0.01% |
728,515
+8,307
| +1% | +$92.1K |
|
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.