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 | |
|---|---|---|---|---|---|---|
2351
Ardelyx
ARDX
$1.21B
| $7.51M | ﹤0.01% |
1,161,148
+31,769
| +3% | +$189K |
|
|
THR
2352
DELISTED
Thermon Group Holdings
THR
| $7.5M | ﹤0.01% |
480,199
-8,862
| -2% | -$118K |
|
2353
Amneal Pharmaceuticals
AMRX
$5.89B
| $7.49M | ﹤0.01% |
1,638,785
+39,268
| +2% | +$174K |
|
|
RC
2354
Ready Capital
RC
$278M
| $7.47M | ﹤0.01% |
600,074
+26,353
| +5% | +$324K |
|
2355
Donnelley Financial Solutions
DFIN
$1.22B
| $7.46M | ﹤0.01% |
439,724
+10,712
| +2% | +$166K |
|
|
LGTY
2356
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $7.46M | ﹤0.01% |
434,340
+8,275
| +2% | +$132K |
|
|
SPPI
2357
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $7.46M | ﹤0.01% |
2,186,700
+209,358
| +11% | +$862K |
|
2358
OneSpaWorld
OSW
$2.7B
| $7.45M | ﹤0.01% |
734,480
+56,717
| +8% | +$448K |
|
|
KREF
2359
KKR Real Estate Finance Trust
KREF
$464M
| $7.44M | ﹤0.01% |
415,102
+23,697
| +6% | +$419K |
|
|
OTRK
2360
DELISTED
Ontrak
OTRK
| $7.44M | ﹤0.01% |
1,337
+71
| +6% | +$388K |
|
|
WLL
2361
DELISTED
Whiting Petroleum Corporation
WLL
| $7.42M | ﹤0.01% |
+296,732
| New | +$5.95M |
|
|
CBPO
2362
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $7.41M | ﹤0.01% |
62,765
+32,158
| +105% | +$3.73M |
|
|
GTS
2363
DELISTED
Triple-S Management Corporation
GTS
| $7.41M | ﹤0.01% |
347,201
+6,158
| +2% | +$132K |
|
2364
Forrester Research
FORR
$226M
| $7.41M | ﹤0.01% |
176,871
+1,980
| +1% | +$79.1K |
|
2365
Haverty Furniture Companies
HVT
$465M
| $7.39M | ﹤0.01% |
267,136
+7,977
| +3% | +$211K |
|
2366
Lindblad Expeditions
LIND
$2.24B
| $7.37M | ﹤0.01% |
430,774
+20,680
| +5% | +$237K |
|
2367
Bentley Systems
BSY
$10.9B
| $7.37M | ﹤0.01% |
181,921
+1,104
| +0.6% | +$39.1K |
|
2368
Tootsie Roll Industries
TR
$2.99B
| $7.36M | ﹤0.01% |
296,084
-2,716
| -0.9% | -$69.9K |
|
2369
Flex
FLEX
$45B
| $7.36M | ﹤0.01% |
543,464
-332,278
| -38% | -$3.84M |
|
|
KE
2370
Kimball Electronics
KE
$644M
| $7.36M | ﹤0.01% |
460,179
+14,293
| +3% | +$203K |
|
2371
Vertex
VERX
$1.91B
| $7.36M | ﹤0.01% |
211,094
+42,737
| +25% | +$1.16M |
|
|
GOCO
2372
DELISTED
GoHealth
GOCO
| $7.36M | ﹤0.01% |
35,899
+2,927
| +9% | +$544K |
|
2373
American Public Education
APEI
$987M
| $7.34M | ﹤0.01% |
240,782
-1,588
| -0.7% | -$48.8K |
|
2374
Manitowoc
MTW
$512M
| $7.32M | ﹤0.01% |
550,141
+38,578
| +8% | +$411K |
|
|
MSP
2375
DELISTED
Datto Holding Corp.
MSP
| $7.32M | ﹤0.01% |
+270,954
| New | +$7.68M |
|
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.