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 | |
|---|---|---|---|---|---|---|
2576
Fortress Biotech
FBIO
$88.7M
| $3.58M | ﹤0.01% |
59,127
+8,862
| +18% | +$451K |
|
2577
Accuray
ARAY
$34M
| $3.58M | ﹤0.01% |
1,491,730
+87,666
| +6% | +$204K |
|
|
VRS
2578
DELISTED
Verso Corporation
VRS
| $3.58M | ﹤0.01% |
453,689
-43,877
| -9% | -$534K |
|
2579
Sea Limited
SE
$69.5B
| $3.57M | ﹤0.01% |
23,204
+5,181
| +29% | +$699K |
|
2580
AXT Inc
AXTI
$5.8B
| $3.57M | ﹤0.01% |
582,845
+19,436
| +3% | +$98.8K |
|
2581
AMC Entertainment Holdings
AMC
$2.31B
| $3.56M | ﹤0.01% |
75,517
+1,638
| +2% | +$82K |
|
|
AKTS
2582
DELISTED
Akoustis Technologies Inc
AKTS
| $3.55M | ﹤0.01% |
434,887
+16,580
| +4% | +$134K |
|
|
APLT
2583
DELISTED
Applied Therapeutics
APLT
| $3.52M | ﹤0.01% |
169,828
+3,908
| +2% | +$102K |
|
|
FLNA
2584
Filana Therapeutics
FLNA
$48.1M
| $3.52M | ﹤0.01% |
305,587
+45,008
| +17% | +$203K |
|
|
CCRN
2585
DELISTED
Cross Country Healthcare
CCRN
| $3.51M | ﹤0.01% |
540,881
+12,270
| +2% | +$77.8K |
|
2586
Ceco Environmental
CECO
$4.14B
| $3.5M | ﹤0.01% |
480,478
+20,420
| +4% | +$154K |
|
|
SLCA
2587
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $3.5M | ﹤0.01% |
1,166,823
+111,807
| +11% | +$416K |
|
2588
Oric Pharmaceuticals
ORIC
$1.4B
| $3.49M | ﹤0.01% |
139,605
+1,479
| +1% | +$35.2K |
|
2589
Select Water Solutions
WTTR
$2.61B
| $3.49M | ﹤0.01% |
909,263
+23,920
| +3% | +$113K |
|
2590
Lindblad Expeditions
LIND
$2.22B
| $3.49M | ﹤0.01% |
410,094
+2,774
| +0.7% | +$23.6K |
|
2591
Alerus Financial
ALRS
$828M
| $3.47M | ﹤0.01% |
177,257
+60,437
| +52% | +$1.22M |
|
2592
Equity Bancshares
EQBK
$1.05B
| $3.47M | ﹤0.01% |
224,182
+3,476
| +2% | +$53.3K |
|
|
WOW
2593
DELISTED
WideOpenWest
WOW
| $3.47M | ﹤0.01% |
668,607
+115,930
| +21% | +$667K |
|
2594
Dorian LPG
LPG
$1.96B
| $3.46M | ﹤0.01% |
432,285
-29,546
| -6% | -$245K |
|
|
BLDP
2595
Ballard Power Systems
BLDP
$790M
| $3.46M | ﹤0.01% |
228,838
+115
| +0.1% | +$1.85K |
|
2596
Matrix Service
MTRX
$335M
| $3.44M | ﹤0.01% |
412,462
+6,178
| +2% | +$55.6K |
|
2597
Peoples Financial Services
PFIS
$707M
| $3.44M | ﹤0.01% |
99,022
+1,198
| +1% | +$43.9K |
|
|
CNBKA
2598
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $3.44M | ﹤0.01% |
52,360
+482
| +0.9% | +$34.2K |
|
|
GSKY
2599
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $3.42M | ﹤0.01% |
771,602
-3,878
| -0.5% | -$18.4K |
|
2600
Anavex Life Sciences
AVXL
$310M
| $3.42M | ﹤0.01% |
750,817
+30,092
| +4% | +$130K |
|
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.