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 |
Amazon
AMZN
|
+$420M |
| 2 |
Zoom
ZM
|
+$370M |
| 3 |
Uber
UBER
|
+$267M |
| 4 |
Intel
INTC
|
+$247M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$143M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$421M |
| 2 |
AbbVie
ABBV
|
+$266M |
| 3 |
Amgen
AMGN
|
+$212M |
| 4 |
PPLI
People Inc
PPLI
|
+$207M |
| 5 |
Eli Lilly
LLY
|
+$100M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.49% |
| 2 | Healthcare | 14.08% |
| 3 | Financials | 12.39% |
| 4 | Consumer Discretionary | 12.01% |
| 5 | Communication Services | 9.77% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Kodak
KODK
$983M
| $4.2M | ﹤0.01% |
475,883
+145,093
| +44% | +$1.13M |
|
2502
Financial Institutions
FISI
$821M
| $4.19M | ﹤0.01% |
272,219
+13,323
| +5% | +$219K |
|
2503
Lifecore Biomedical
LFCR
$190M
| $4.18M | ﹤0.01% |
430,616
+9,449
| +2% | +$90K |
|
|
LOVE
2504
LoveSac
LOVE
$261M
| $4.18M | ﹤0.01% |
150,876
+8,666
| +6% | +$246K |
|
2505
Tejon Ranch
TRC
$451M
| $4.17M | ﹤0.01% |
294,626
+13,510
| +5% | +$195K |
|
2506
SunCoke Energy
SXC
$797M
| $4.17M | ﹤0.01% |
1,218,004
-25,482
| -2% | -$83.1K |
|
2507
OptimizeRx
OPRX
$133M
| $4.16M | ﹤0.01% |
199,727
-1,058
| -0.5% | -$18.2K |
|
|
GDEN
2508
DELISTED
Golden Entertainment
GDEN
| $4.16M | ﹤0.01% |
300,860
+7,564
| +3% | +$84.8K |
|
2509
Digimarc Corp
DMRC
$178M
| $4.14M | ﹤0.01% |
185,580
+6,934
| +4% | +$109K |
|
|
HT
2510
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $4.13M | ﹤0.01% |
745,912
+53,260
| +8% | +$313K |
|
2511
NWPX Infrastructure Inc
NWPX
$1.15B
| $4.12M | ﹤0.01% |
155,813
+4,510
| +3% | +$119K |
|
2512
Artesian Resources
ARTNA
$358M
| $4.12M | ﹤0.01% |
119,559
+5,810
| +5% | +$206K |
|
2513
Elbit Systems
ESLT
$40.3B
| $4.11M | ﹤0.01% |
34,193
+275
| +0.8% | +$36.3K |
|
|
AMRS
2514
DELISTED
Amyris Inc.
AMRS
| $4.1M | ﹤0.01% |
1,405,810
+347,748
| +33% | +$1.27M |
|
2515
Sierra Bancorp
BSRR
$525M
| $4.1M | ﹤0.01% |
244,206
+9,462
| +4% | +$169K |
|
|
STFC
2516
DELISTED
State Auto Financial Corp
STFC
| $4.1M | ﹤0.01% |
297,870
+8,864
| +3% | +$142K |
|
2517
ANI Pharmaceuticals
ANIP
$1.78B
| $4.09M | ﹤0.01% |
145,000
+4,868
| +3% | +$145K |
|
2518
Willdan Group
WLDN
$1.3B
| $4.09M | ﹤0.01% |
160,270
+3,214
| +2% | +$86.6K |
|
|
MNRL
2519
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $4.09M | ﹤0.01% |
458,175
+40,010
| +10% | +$440K |
|
2520
VSE Corp
VSEC
$6.12B
| $4.08M | ﹤0.01% |
133,066
+4,999
| +4% | +$148K |
|
|
ORBC
2521
DELISTED
ORBCOMM, Inc.
ORBC
| $4.06M | ﹤0.01% |
1,195,400
+34,162
| +3% | +$133K |
|
|
TACO
2522
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $4.06M | ﹤0.01% |
495,625
-8,606
| -2% | -$66.9K |
|
|
ACBI
2523
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $4.06M | ﹤0.01% |
357,540
+6,398
| +2% | +$71.3K |
|
2524
Byline Bancorp
BY
$1.76B
| $4.05M | ﹤0.01% |
359,188
+10,506
| +3% | +$131K |
|
2525
Distribution Solutions Group
DSGR
$1.61B
| $4.04M | ﹤0.01% |
197,150
+2,320
| +1% | +$41K |
|
Similar funds
Geode Capital Management's Q3 2020 Portfolio in Review
As of Q3 2020, Geode Capital Management held 4,244 positions worth $510B, up 9.2% from $467B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Geode Capital Management's Q3 2020 filing shows 144 new, 2,112 increased, 1,496 reduced and 90 closed positions. Its largest new stake was Snowflake: 195,170 shares worth $48.9M. The largest sale was Apple, an estimated $421M.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 24% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q3 2020 buy was Snowflake: 195,170 shares worth $48.9M.
- Geode Capital Management added most to Amazon in Q3 2020, an estimated $420M increase.
- Geode Capital Management's biggest Q3 2020 reduction was Apple, cutting an estimated $421M.
- Geode Capital Management fully exited Caesars Entertainment Corporation in Q3 2020, selling an estimated $84.5M.
- Geode Capital Management's ten largest holdings make up 23% of its $510B portfolio in Q3 2020.
- Geode Capital Management opened 144 new positions and closed 90 in Q3 2020.
- Geode Capital Management's portfolio value rose 9.2% quarter-over-quarter to $510B.
Based on Geode Capital Management's 13F filing for Q3 2020, filed 13 Nov 2020.