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 | |
|---|---|---|---|---|---|---|
2276
A10 Networks
ATEN
$2.22B
| $8.62M | ﹤0.01% |
874,475
-30,729
| -3% | -$241K |
|
2277
Century Aluminum
CENX
$4.64B
| $8.62M | ﹤0.01% |
781,474
-3,611
| -0.5% | -$32.7K |
|
|
NPTN
2278
DELISTED
NEOPHOTONICS CORP
NPTN
| $8.61M | ﹤0.01% |
947,701
+120,595
| +15% | +$933K |
|
2279
Caleres
CAL
$481M
| $8.54M | ﹤0.01% |
545,735
-19,895
| -4% | -$223K |
|
2280
Camden National
CAC
$1B
| $8.52M | ﹤0.01% |
237,990
-599
| -0.3% | -$20.6K |
|
|
AERI
2281
DELISTED
Aerie Pharmaceuticals
AERI
| $8.5M | ﹤0.01% |
629,391
+20,282
| +3% | +$245K |
|
2282
Winmark
WINA
$1.3B
| $8.45M | ﹤0.01% |
45,488
+4,640
| +11% | +$825K |
|
2283
First Financial Corp
THFF
$979M
| $8.44M | ﹤0.01% |
217,356
+1,732
| +0.8% | +$63.2K |
|
|
SLCA
2284
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $8.44M | ﹤0.01% |
1,202,635
+35,812
| +3% | +$156K |
|
|
NEX
2285
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $8.44M | ﹤0.01% |
2,453,125
+68,901
| +3% | +$184K |
|
|
CIO
2286
DELISTED
City Office REIT
CIO
| $8.39M | ﹤0.01% |
858,447
+9,474
| +1% | +$77.9K |
|
2287
Energy Recovery
ERII
$457M
| $8.38M | ﹤0.01% |
614,533
+45,953
| +8% | +$490K |
|
2288
Icahn Enterprises
IEP
$5.01B
| $8.32M | ﹤0.01% |
164,211
-255
| -0.2% | -$13K |
|
|
UBA
2289
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $8.3M | ﹤0.01% |
587,286
+111,190
| +23% | +$1.33M |
|
2290
Albertsons Companies
ACI
$5.75B
| $8.29M | ﹤0.01% |
471,727
+15,089
| +3% | +$229K |
|
2291
OrthoPediatrics
KIDS
$573M
| $8.28M | ﹤0.01% |
200,697
+6,941
| +4% | +$318K |
|
|
SDC
2292
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $8.25M | ﹤0.01% |
691,134
+48,117
| +7% | +$545K |
|
2293
Ecovyst
ECVT
$1.25B
| $8.24M | ﹤0.01% |
578,094
-3,011
| -0.5% | -$38.2K |
|
2294
MiMedx Group
MDXG
$606M
| $8.24M | ﹤0.01% |
+907,561
| New | +$6.53M |
|
2295
Par Pacific Holdings
PARR
$3.51B
| $8.21M | ﹤0.01% |
587,587
+5,825
| +1% | +$60.2K |
|
2296
Passage Bio
PASG
$14.8M
| $8.21M | ﹤0.01% |
16,056
+5,369
| +50% | +$2.15M |
|
|
CMO
2297
DELISTED
Capstead Mortgage Corp.
CMO
| $8.21M | ﹤0.01% |
1,413,355
+31,590
| +2% | +$180K |
|
|
VBIV
2298
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $8.15M | ﹤0.01% |
98,806
+4,631
| +5% | +$395K |
|
2299
AdvanSix
ASIX
$540M
| $8.14M | ﹤0.01% |
407,434
+8,568
| +2% | +$147K |
|
|
KC
2300
Kingsoft Cloud Holdings
KC
$3.75B
| $8.14M | ﹤0.01% |
188,305
+157,943
| +520% | +$5.85M |
|
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.