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 | |
|---|---|---|---|---|---|---|
2676
Oportun Financial
OPRT
$372M
| $2.91M | ﹤0.01% |
247,101
+48,765
| +25% | +$658K |
|
|
LCI
2677
DELISTED
Lannett Company, Inc.
LCI
| $2.91M | ﹤0.01% |
119,049
+1,512
| +1% | +$35.8K |
|
2678
Boston Omaha
BOC
$436M
| $2.91M | ﹤0.01% |
181,779
+15,719
| +9% | +$253K |
|
2679
RCI Hospitality Holdings
RICK
$215M
| $2.9M | ﹤0.01% |
142,131
-6,085
| -4% | -$96.4K |
|
2680
Orion Energy Systems
OESX
$80.6M
| $2.89M | ﹤0.01% |
38,237
-1,221
| -3% | -$66.4K |
|
2681
Metropolitan Bank Holding Corp
MCB
$1.15B
| $2.89M | ﹤0.01% |
103,354
+2,979
| +3% | +$89.3K |
|
2682
SmartFinancial
SMBK
$888M
| $2.89M | ﹤0.01% |
212,646
+350
| +0.2% | +$4.95K |
|
2683
Franklin Covey
FC
$246M
| $2.88M | ﹤0.01% |
162,612
-2,223
| -1% | -$42.7K |
|
2684
Kornit Digital
KRNT
$791M
| $2.88M | ﹤0.01% |
44,405
+490
| +1% | +$28.1K |
|
2685
RGC Resources
RGCO
$228M
| $2.88M | ﹤0.01% |
122,670
+1,751
| +1% | +$41.2K |
|
2686
Preformed Line Products
PLPC
$2.28B
| $2.87M | ﹤0.01% |
58,938
+623
| +1% | +$33K |
|
2687
UroGen Pharma
URGN
$2.29B
| $2.87M | ﹤0.01% |
148,605
-312
| -0.2% | -$7.07K |
|
2688
Genasys
GNSS
$79.2M
| $2.86M | ﹤0.01% |
464,774
+5,412
| +1% | +$25.8K |
|
|
ASPU
2689
DELISTED
ASPEN GROUP, INC.
ASPU
| $2.86M | ﹤0.01% |
255,938
+4,858
| +2% | +$51.7K |
|
2690
Radiant Logistics
RLGT
$395M
| $2.84M | ﹤0.01% |
552,774
+38,042
| +7% | +$183K |
|
2691
Expro Ltd
XPRO
$1.91B
| $2.83M | ﹤0.01% |
306,589
+8,812
| +3% | +$118K |
|
2692
United States Lime & Minerals
USLM
$3.44B
| $2.83M | ﹤0.01% |
156,805
+815
| +0.5% | +$14.8K |
|
|
SEI
2693
Solaris Energy Infrastructure
SEI
$3.82B
| $2.82M | ﹤0.01% |
445,581
-2,230
| -0.5% | -$16.4K |
|
2694
Southern First Bancshares
SFST
$600M
| $2.81M | ﹤0.01% |
116,480
+3,615
| +3% | +$91.6K |
|
2695
Veritone
VERI
$122M
| $2.81M | ﹤0.01% |
306,834
+11,450
| +4% | +$121K |
|
2696
Alto Ingredients
ALTO
$340M
| $2.81M | ﹤0.01% |
384,268
-124,465
| -24% | -$431K |
|
2697
Grid Dynamics Holdings
GDYN
$615M
| $2.81M | ﹤0.01% |
363,311
-3,863
| -1% | -$27.9K |
|
2698
Passage Bio
PASG
$14.1M
| $2.8M | ﹤0.01% |
10,687
+114
| +1% | +$39.2K |
|
|
HMHC
2699
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $2.8M | ﹤0.01% |
1,618,445
+45,223
| +3% | +$101K |
|
|
NVO
2700
Novo Nordisk
NVO
$209B
| $2.8M | ﹤0.01% |
80,602
-8,716
| -10% | -$291K |
|
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.