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 | |
|---|---|---|---|---|---|---|
2801
Hycroft Mining Holding Corp
HYMC
$2.47B
| $2.31M | ﹤0.01% |
+21,984
| New | +$2.44M |
|
2802
Diageo
DEO
$53.6B
| $2.31M | ﹤0.01% |
16,763
-2,366
| -12% | -$326K |
|
|
TIG
2803
DELISTED
Trean Insurance Group, Inc. Common Stock
TIG
| $2.31M | ﹤0.01% |
+151,255
| New | +$2.31M |
|
|
AFMD
2804
DELISTED
Affimed
AFMD
| $2.3M | ﹤0.01% |
67,951
+4,492
| +7% | +$170K |
|
|
LBC
2805
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $2.3M | ﹤0.01% |
275,694
+14,204
| +5% | +$133K |
|
|
GRFS
2806
Grifois
GRFS
$5.4B
| $2.29M | ﹤0.01% |
132,330
+1,782
| +1% | +$31.5K |
|
2807
Escalade
ESCA
$311M
| $2.29M | ﹤0.01% |
125,286
+6,770
| +6% | +$114K |
|
2808
Rafael Holdings
RFL
$107M
| $2.28M | ﹤0.01% |
149,107
+597
| +0.4% | +$9.31K |
|
2809
Corbus Pharmaceuticals
CRBP
$190M
| $2.27M | ﹤0.01% |
42,133
+10,654
| +34% | +$1.93M |
|
|
CSTR
2810
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $2.27M | ﹤0.01% |
231,920
+453
| +0.2% | +$4.78K |
|
2811
Alpha Pro Tech
APT
$53.1M
| $2.27M | ﹤0.01% |
153,514
+26,646
| +21% | +$452K |
|
|
TNAV
2812
DELISTED
Telenav Inc.
TNAV
| $2.25M | ﹤0.01% |
625,862
+53,625
| +9% | +$260K |
|
|
DOO
2813
Bombardier Recreational Products
DOO
$4.77B
| $2.25M | ﹤0.01% |
42,651
+492
| +1% | +$23.5K |
|
2814
Dyadic International
DYAI
$36.4M
| $2.25M | ﹤0.01% |
297,481
+4,883
| +2% | +$40.4K |
|
|
CMRX
2815
DELISTED
Chimerix, Inc.
CMRX
| $2.25M | ﹤0.01% |
903,524
-31,795
| -3% | -$94K |
|
2816
Northeast Bank
NBN
$1.14B
| $2.25M | ﹤0.01% |
122,130
+1,507
| +1% | +$26.8K |
|
|
HMTV
2817
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $2.24M | ﹤0.01% |
258,247
+1,147
| +0.4% | +$10.3K |
|
2818
Daktronics
DAKT
$1.04B
| $2.24M | ﹤0.01% |
565,569
+6,679
| +1% | +$27.9K |
|
2819
Viemed Healthcare
VMD
$371M
| $2.23M | ﹤0.01% |
255,733
+20,461
| +9% | +$206K |
|
2820
Spero Therapeutics
SPRO
$73M
| $2.23M | ﹤0.01% |
199,429
+2,729
| +1% | +$32.3K |
|
2821
American Coastal Insurance
ACIC
$493M
| $2.22M | ﹤0.01% |
367,090
+3,238
| +0.9% | +$24.9K |
|
|
VOXX
2822
DELISTED
VOXX International Corporation Class A
VOXX
| $2.22M | ﹤0.01% |
288,976
+4,219
| +1% | +$28.1K |
|
2823
Loop Industries
LOOP
$32.9M
| $2.22M | ﹤0.01% |
162,398
+33,236
| +26% | +$358K |
|
2824
Regional Management Corp
RM
$303M
| $2.21M | ﹤0.01% |
132,908
+4,033
| +3% | +$69.2K |
|
2825
Lakeland Industries
LAKE
$119M
| $2.21M | ﹤0.01% |
111,476
+2,758
| +3% | +$60.4K |
|
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.