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 | |
|---|---|---|---|---|---|---|
2426
EverQuote
EVER
$831M
| $6.67M | ﹤0.01% |
178,607
+5,727
| +3% | +$217K |
|
|
SPNE
2427
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $6.67M | ﹤0.01% |
382,196
+8,330
| +2% | +$127K |
|
2428
International Money Express
IMXI
$370M
| $6.67M | ﹤0.01% |
429,677
+39,802
| +10% | +$617K |
|
2429
Golar LNG
GLNG
$5.11B
| $6.65M | ﹤0.01% |
690,152
-10,806
| -2% | -$93.9K |
|
|
CATC
2430
DELISTED
CAMBRIDGE BANCORP
CATC
| $6.64M | ﹤0.01% |
95,241
+2,813
| +3% | +$188K |
|
|
BZUN
2431
Baozun
BZUN
$172M
| $6.63M | ﹤0.01% |
194,410
+4,614
| +2% | +$169K |
|
2432
Forestar Group
FOR
$1.51B
| $6.63M | ﹤0.01% |
328,491
+78,903
| +32% | +$1.5M |
|
2433
Tredegar Corp
TG
$271M
| $6.63M | ﹤0.01% |
396,761
+15,761
| +4% | +$265K |
|
|
APTS
2434
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $6.63M | ﹤0.01% |
895,314
+185,515
| +26% | +$1.27M |
|
2435
Relmada Therapeutics
RLMD
$574M
| $6.6M | ﹤0.01% |
205,687
+5,437
| +3% | +$187K |
|
2436
Gates Industrial Corporation Ltd.
GTES
$7.42B
| $6.58M | ﹤0.01% |
515,441
+6,457
| +1% | +$80.8K |
|
2437
BlackBerry
BB
$5.12B
| $6.57M | ﹤0.01% |
1,000,121
+54,030
| +6% | +$320K |
|
2438
Banco Bradesco
BBD
$37.9B
| $6.57M | ﹤0.01% |
+1,502,739
| New | +$5.49M |
|
2439
Designer Brands
DBI
$339M
| $6.56M | ﹤0.01% |
857,955
+46,345
| +6% | +$308K |
|
2440
Miller Industries
MLR
$579M
| $6.56M | ﹤0.01% |
172,640
+2,987
| +2% | +$99.2K |
|
2441
Lufax Holding
LU
$1.3B
| $6.56M | ﹤0.01% |
+116,563
| New | +$6.98M |
|
2442
Quince Therapeutics
QNCX
$28.2M
| $6.55M | ﹤0.01% |
1,180
-26
| -2% | -$230K |
|
2443
Nurix Therapeutics
NRIX
$2.61B
| $6.55M | ﹤0.01% |
199,233
+15,331
| +8% | +$508K |
|
2444
Independent Bank Corp
IBCP
$791M
| $6.54M | ﹤0.01% |
354,145
-9,674
| -3% | -$158K |
|
2445
Beazer Homes USA
BZH
$931M
| $6.54M | ﹤0.01% |
431,635
+5,781
| +1% | +$83.1K |
|
2446
Revolve Group
RVLV
$1.8B
| $6.52M | ﹤0.01% |
209,289
+94,441
| +82% | +$2.1M |
|
2447
Arrow Financial
AROW
$670M
| $6.51M | ﹤0.01% |
237,998
+85
| +0% | +$2.26K |
|
2448
Liberty Latin America Class A
LILA
$1.69B
| $6.51M | ﹤0.01% |
861,304
-23,748
| -3% | -$176K |
|
|
KDNY
2449
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $6.51M | ﹤0.01% |
410,220
+229,629
| +127% | +$3.46M |
|
2450
CRA International
CRAI
$1.14B
| $6.5M | ﹤0.01% |
127,616
+1,588
| +1% | +$71.4K |
|
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.