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 | |
|---|---|---|---|---|---|---|
2901
Unilever
UL
$136B
| $1.87M | ﹤0.01% |
26,979
+752
| +3% | +$50.2K |
|
2902
iRadimed
IRMD
$1.18B
| $1.87M | ﹤0.01% |
87,502
+1,980
| +2% | +$44.5K |
|
|
VNET
2903
VNET Group
VNET
$2.09B
| $1.87M | ﹤0.01% |
80,617
+24,431
| +43% | +$569K |
|
2904
Timberland Bancorp
TSBK
$351M
| $1.86M | ﹤0.01% |
103,627
+998
| +1% | +$17.2K |
|
2905
Richmond Mutual Bancorp
RMBI
$254M
| $1.86M | ﹤0.01% |
176,207
+1,360
| +0.8% | +$15.2K |
|
2906
Exicure
XCUR
$8.57M
| $1.86M | ﹤0.01% |
7,103
+229
| +3% | +$74.8K |
|
|
INDT
2907
DELISTED
INDUS Realty Trust, Inc. (MD) Common Stock
INDT
| $1.86M | ﹤0.01% |
34,847
+93
| +0.3% | +$4.89K |
|
2908
Harrow
HROW
$1.51B
| $1.86M | ﹤0.01% |
332,648
+4,518
| +1% | +$27.1K |
|
|
CBIO
2909
Crescent Biopharma
CBIO
$626M
| $1.86M | ﹤0.01% |
6,049
+655
| +12% | +$250K |
|
2910
Funko
FNKO
$328M
| $1.85M | ﹤0.01% |
320,082
+2,002
| +0.6% | +$11.7K |
|
2911
AMES National
ATLO
$277M
| $1.85M | ﹤0.01% |
109,589
+2,016
| +2% | +$38.2K |
|
2912
Ambev
ABEV
$46.4B
| $1.85M | ﹤0.01% |
817,588
-30,540
| -4% | -$76.6K |
|
2913
Norwood Financial Corp
NWFL
$368M
| $1.85M | ﹤0.01% |
75,954
+685
| +0.9% | +$17.7K |
|
2914
Caesarstone
CSTE
$79.5M
| $1.85M | ﹤0.01% |
188,486
+11,758
| +7% | +$127K |
|
|
PFBI
2915
DELISTED
Premier Financial Bancorp
PFBI
| $1.84M | ﹤0.01% |
170,893
+2,575
| +2% | +$29.8K |
|
|
SNCR
2916
DELISTED
Synchronoss Technologies
SNCR
| $1.84M | ﹤0.01% |
67,984
+3,141
| +5% | +$104K |
|
2917
Hamilton Beach Brands
HBB
$422M
| $1.82M | ﹤0.01% |
93,660
+4,454
| +5% | +$76.4K |
|
|
PWOD
2918
DELISTED
Penns Woods Bancorp
PWOD
| $1.82M | ﹤0.01% |
91,735
+1,168
| +1% | +$24.3K |
|
2919
Genmab
GMAB
$19.5B
| $1.82M | ﹤0.01% |
49,701
+8,177
| +20% | +$296K |
|
2920
Innovative Industrial Properties
IIPR
$1.72B
| $1.81M | ﹤0.01% |
14,620
+1,312
| +10% | +$147K |
|
|
NBSE
2921
DELISTED
NeuBase Therapeutics, Inc. Common Stock
NBSE
| $1.81M | ﹤0.01% |
11,956
+4,332
| +57% | +$707K |
|
2922
Mid Penn Bancorp
MPB
$952M
| $1.81M | ﹤0.01% |
104,598
+1,445
| +1% | +$27.5K |
|
|
SCWX
2923
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $1.81M | ﹤0.01% |
158,943
+5,219
| +3% | +$63.3K |
|
|
TREC
2924
DELISTED
Trecora Resources
TREC
| $1.81M | ﹤0.01% |
294,427
+878
| +0.3% | +$5.33K |
|
2925
Comscore
SCOR
$109M
| $1.8M | ﹤0.01% |
44,245
+2,191
| +5% | +$122K |
|
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.