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 | |
|---|---|---|---|---|---|---|
|
FPRX
2751
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $2.54M | ﹤0.01% |
539,456
+43,196
| +9% | +$219K |
|
|
NAGE
2752
Niagen Bioscience
NAGE
$247M
| $2.52M | ﹤0.01% |
629,836
+16,854
| +3% | +$81.3K |
|
|
GWPH
2753
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $2.52M | ﹤0.01% |
25,925
+341
| +1% | +$39.2K |
|
|
ETNB
2754
DELISTED
89bio
ETNB
| $2.52M | ﹤0.01% |
98,091
+27,137
| +38% | +$861K |
|
2755
Fidelity D&D Bancorp
FDBC
$317M
| $2.52M | ﹤0.01% |
51,658
+1,380
| +3% | +$65.9K |
|
2756
InfuSystem Holdings
INFU
$249M
| $2.52M | ﹤0.01% |
196,208
+19,067
| +11% | +$248K |
|
|
MCBC
2757
DELISTED
Macatawa Bank Corp
MCBC
| $2.51M | ﹤0.01% |
384,647
+23,801
| +7% | +$172K |
|
2758
KORU Medical Systems
KRMD
$164M
| $2.51M | ﹤0.01% |
347,371
+31,754
| +10% | +$282K |
|
|
STXB
2759
DELISTED
Spirit of Texas Bancshares, Inc. Common Stock
STXB
| $2.51M | ﹤0.01% |
224,743
+1,484
| +0.7% | +$17.5K |
|
2760
Peabody Energy
BTU
$2.9B
| $2.5M | ﹤0.01% |
1,089,086
+102,992
| +10% | +$298K |
|
2761
LifeVantage
LFVN
$85.3M
| $2.5M | ﹤0.01% |
207,498
+5,844
| +3% | +$79K |
|
|
EVFM
2762
DELISTED
Evofem Biosciences, Inc. Common Stock
EVFM
| $2.5M | ﹤0.01% |
70,725
+34,971
| +98% | +$1.52M |
|
|
RPT
2763
Rithm Property Trust
RPT
$93.7M
| $2.49M | ﹤0.01% |
50,089
+1,196
| +2% | +$65.2K |
|
2764
CorMedix
CRMD
$584M
| $2.48M | ﹤0.01% |
411,844
+48,718
| +13% | +$245K |
|
2765
Team
TISI
$77.7M
| $2.47M | ﹤0.01% |
44,900
+1,517
| +3% | +$82.3K |
|
2766
Cato Corp
CATO
$66.1M
| $2.47M | ﹤0.01% |
315,439
-7,889
| -2% | -$61.9K |
|
|
VRTV
2767
DELISTED
VERITIV CORPORATION
VRTV
| $2.46M | ﹤0.01% |
194,003
+4,549
| +2% | +$73K |
|
2768
Costamare
CMRE
$1.77B
| $2.45M | ﹤0.01% |
403,782
+2,180
| +0.5% | +$11.2K |
|
|
TDAY
2769
USA Today Co
TDAY
$1.06B
| $2.45M | ﹤0.01% |
1,885,360
+28,428
| +2% | +$43.3K |
|
2770
W&T Offshore
WTI
$518M
| $2.44M | ﹤0.01% |
1,356,243
+14,452
| +1% | +$32K |
|
|
LUNA
2771
DELISTED
Luna Innovations Incorporated
LUNA
| $2.44M | ﹤0.01% |
407,491
+5,613
| +1% | +$33.2K |
|
2772
Acacia Research
ACTG
$470M
| $2.42M | ﹤0.01% |
698,009
+47,545
| +7% | +$185K |
|
|
ITI
2773
DELISTED
Iteris, Inc.
ITI
| $2.42M | ﹤0.01% |
590,813
+20,840
| +4% | +$96.5K |
|
2774
Millicom
TIGO
$16.3B
| $2.42M | ﹤0.01% |
79,861
-242
| -0.3% | -$6.99K |
|
|
GHL
2775
DELISTED
Greenhill & Co., Inc.
GHL
| $2.42M | ﹤0.01% |
212,969
+238
| +0.1% | +$2.71K |
|
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.