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 | |
|---|---|---|---|---|---|---|
2526
Fossil Group
FOSL
$318M
| $4.04M | ﹤0.01% |
703,434
+15,279
| +2% | +$81.4K |
|
2527
Spyre Therapeutics
SYRE
$9.25B
| $4.03M | ﹤0.01% |
22,738
-568
| -2% | -$105K |
|
2528
DXP Enterprises
DXPE
$2.98B
| $4.03M | ﹤0.01% |
249,582
+8,524
| +4% | +$157K |
|
2529
Hanmi Financial
HAFC
$946M
| $4.03M | ﹤0.01% |
490,266
+13,636
| +3% | +$126K |
|
|
MPX
2530
DELISTED
Marine Products Corp
MPX
| $4.01M | ﹤0.01% |
256,364
+154,773
| +152% | +$2.39M |
|
2531
Merchants Bancorp
MBIN
$2.49B
| $3.99M | ﹤0.01% |
303,963
+24,274
| +9% | +$307K |
|
|
OLP
2532
One Liberty Properties
OLP
$527M
| $3.99M | ﹤0.01% |
243,741
+5,599
| +2% | +$99.9K |
|
2533
Tidewater
TDW
$4.12B
| $3.99M | ﹤0.01% |
594,256
+29,620
| +5% | +$195K |
|
|
HUYA
2534
Huya Inc
HUYA
$558M
| $3.96M | ﹤0.01% |
166,640
+5,461
| +3% | +$137K |
|
2535
IMAX
IMAX
$2.66B
| $3.94M | ﹤0.01% |
329,427
+11,868
| +4% | +$153K |
|
2536
Par Pacific Holdings
PARR
$3.32B
| $3.94M | ﹤0.01% |
581,762
+24,202
| +4% | +$200K |
|
2537
Titan Machinery
TITN
$445M
| $3.92M | ﹤0.01% |
296,008
+15,207
| +5% | +$185K |
|
2538
SAP
SAP
$238B
| $3.9M | ﹤0.01% |
25,050
+301
| +1% | +$47.8K |
|
2539
Alpha and Omega Semiconductor
AOSL
$1.08B
| $3.9M | ﹤0.01% |
304,367
+2,616
| +0.9% | +$31.5K |
|
2540
Business First Bancshares
BFST
$1.03B
| $3.89M | ﹤0.01% |
259,476
+48,944
| +23% | +$699K |
|
2541
Capital City Bank Group
CCBG
$890M
| $3.89M | ﹤0.01% |
206,816
+5,986
| +3% | +$117K |
|
|
BPY
2542
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $3.88M | ﹤0.01% |
322,848
+642
| +0.2% | +$7.34K |
|
2543
Vertex
VERX
$1.94B
| $3.87M | ﹤0.01% |
+168,357
| New | +$4.1M |
|
2544
Ezcorp Inc
EZPW
$1.71B
| $3.87M | ﹤0.01% |
769,428
-19,659
| -2% | -$109K |
|
|
IVC
2545
DELISTED
Invacare Corporation
IVC
| $3.87M | ﹤0.01% |
513,978
+13,011
| +3% | +$90.2K |
|
2546
Scorpio Tankers
STNG
$3.81B
| $3.86M | ﹤0.01% |
348,784
+23,199
| +7% | +$292K |
|
2547
Heritage Insurance Holdings
HRTG
$991M
| $3.86M | ﹤0.01% |
381,357
+3,516
| +0.9% | +$43.5K |
|
2548
Daily Journal
DJCO
$778M
| $3.85M | ﹤0.01% |
15,908
+298
| +2% | +$81.9K |
|
2549
Citizens
CIA
$192M
| $3.84M | ﹤0.01% |
693,410
+9,294
| +1% | +$53.9K |
|
2550
Ranpak Holdings
PACK
$473M
| $3.84M | ﹤0.01% |
403,376
+24,174
| +6% | +$215K |
|
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.