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 | |
|---|---|---|---|---|---|---|
2251
Weibo
WB
$1.95B
| $8.97M | ﹤0.01% |
220,355
-6,409
| -3% | -$271K |
|
2252
Riot Platforms
RIOT
$8.13B
| $8.95M | ﹤0.01% |
526,983
+254,329
| +93% | +$1.69M |
|
2253
Digimarc Corp
DMRC
$167M
| $8.95M | ﹤0.01% |
189,405
+3,825
| +2% | +$150K |
|
2254
Resources Connection
RGP
$153M
| $8.95M | ﹤0.01% |
711,836
-1,284
| -0.2% | -$15.4K |
|
2255
HealthStream
HSTM
$818M
| $8.93M | ﹤0.01% |
409,104
+758
| +0.2% | +$15.2K |
|
2256
Core Laboratories
CLB
$502M
| $8.93M | ﹤0.01% |
336,884
-6,828
| -2% | -$139K |
|
|
TEN
2257
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $8.91M | ﹤0.01% |
840,384
-102
| -0% | -$964 |
|
2258
Invesco Mortgage Capital
IVR
$761M
| $8.89M | ﹤0.01% |
263,176
+8,841
| +3% | +$274K |
|
2259
Angi Inc
ANGI
$194M
| $8.88M | ﹤0.01% |
67,315
+12,006
| +22% | +$1.39M |
|
|
MCFE
2260
DELISTED
McAfee Corp. Class A Common Stock
MCFE
| $8.88M | ﹤0.01% |
+531,891
| New | +$8.8M |
|
2261
Turning Point Brands
TPB
$1.62B
| $8.84M | ﹤0.01% |
198,453
+19,718
| +11% | +$745K |
|
2262
nCino
NCNO
$2.11B
| $8.8M | ﹤0.01% |
121,532
+30,970
| +34% | +$2.39M |
|
2263
Ducommun
DCO
$2.89B
| $8.77M | ﹤0.01% |
163,241
+4,387
| +3% | +$189K |
|
|
SUMO
2264
DELISTED
Sumo Logic, Inc. Common Stock
SUMO
| $8.72M | ﹤0.01% |
305,122
+236,783
| +346% | +$5.58M |
|
|
WIFI
2265
DELISTED
Boingo Wireless, Inc.
WIFI
| $8.71M | ﹤0.01% |
685,035
+22,173
| +3% | +$262K |
|
|
GTHX
2266
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $8.7M | ﹤0.01% |
483,840
+17,712
| +4% | +$265K |
|
2267
Barrett Business Services
BBSI
$985M
| $8.69M | ﹤0.01% |
509,832
-1,032
| -0.2% | -$16.8K |
|
2268
Digi International
DGII
$2.74B
| $8.69M | ﹤0.01% |
459,837
+8,076
| +2% | +$138K |
|
2269
Seaboard Corp
SEB
$4.12B
| $8.68M | ﹤0.01% |
2,865
+84
| +3% | +$274K |
|
|
SNR
2270
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $8.68M | ﹤0.01% |
1,676,320
+352,901
| +27% | +$1.72M |
|
|
RUTH
2271
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $8.68M | ﹤0.01% |
489,551
+38,027
| +8% | +$534K |
|
|
GPMT
2272
Granite Point Mortgage Trust
GPMT
$71.9M
| $8.65M | ﹤0.01% |
866,336
+2,779
| +0.3% | +$23.6K |
|
2273
Black Diamond Therapeutics
BDTX
$103M
| $8.65M | ﹤0.01% |
269,925
+22,199
| +9% | +$729K |
|
2274
V2X
VVX
$2.44B
| $8.65M | ﹤0.01% |
173,937
-42
| -0% | -$1.88K |
|
2275
AngioDynamics
ANGO
$622M
| $8.64M | ﹤0.01% |
563,890
-7,979
| -1% | -$101K |
|
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.