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 | |
|---|---|---|---|---|---|---|
2926
Cabaletta Bio
CABA
$455M
| $1.8M | ﹤0.01% |
166,455
-18,245
| -10% | -$210K |
|
|
TELL
2927
DELISTED
Tellurian Inc.
TELL
| $1.8M | ﹤0.01% |
2,254,755
+301,717
| +15% | +$282K |
|
2928
Shore Bancshares
SHBI
$796M
| $1.79M | ﹤0.01% |
163,052
+6,554
| +4% | +$65.6K |
|
2929
Tiptree Inc
TIPT
$675M
| $1.79M | ﹤0.01% |
361,618
+1,603
| +0.4% | +$8.68K |
|
|
VIA
2930
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $1.78M | ﹤0.01% |
42,880
-682
| -2% | -$27.7K |
|
|
BOCH
2931
DELISTED
Bank of Commerce Holdings (CA)
BOCH
| $1.78M | ﹤0.01% |
255,525
+2,384
| +0.9% | +$17.6K |
|
|
SLCT
2932
DELISTED
Select Bancorp, Inc.
SLCT
| $1.77M | ﹤0.01% |
246,662
+758
| +0.3% | +$5.77K |
|
2933
NextCure
NXTC
$26.7M
| $1.77M | ﹤0.01% |
16,778
-275
| -2% | -$33.8K |
|
2934
Red Violet
RDVT
$924M
| $1.76M | ﹤0.01% |
95,268
+1,434
| +2% | +$25.8K |
|
2935
VEON
VEON
$3.95B
| $1.76M | ﹤0.01% |
55,828
+1,555
| +3% | +$59.8K |
|
|
OPTN
2936
DELISTED
OptiNose
OPTN
| $1.75M | ﹤0.01% |
29,900
-1,072
| -3% | -$79.4K |
|
|
HBMD
2937
DELISTED
Howard Bancorp, Inc. Common Stock
HBMD
| $1.75M | ﹤0.01% |
194,454
+9,298
| +5% | +$90.4K |
|
|
SRGA
2938
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $1.75M | ﹤0.01% |
32,151
+431
| +1% | +$33K |
|
|
CFRX
2939
DELISTED
ContraFect Corporation
CFRX
| $1.74M | ﹤0.01% |
4,126
+1,041
| +34% | +$472K |
|
2940
Equinor
EQNR
$92.4B
| $1.74M | ﹤0.01% |
123,632
-2,607
| -2% | -$40.2K |
|
2941
Graham Corp
GHM
$1.31B
| $1.74M | ﹤0.01% |
135,935
+4,291
| +3% | +$56.2K |
|
|
PRVL
2942
DELISTED
Prevail Therapeutics Inc. Common Stock
PRVL
| $1.74M | ﹤0.01% |
170,525
+6,705
| +4% | +$90K |
|
|
IVAC
2943
DELISTED
Intevac Inc
IVAC
| $1.73M | ﹤0.01% |
314,135
+479
| +0.2% | +$2.76K |
|
2944
HBT Financial
HBT
$1.32B
| $1.73M | ﹤0.01% |
153,777
+5,193
| +3% | +$63.5K |
|
|
FCBP
2945
DELISTED
First Choice Bancorp Common Stock
FCBP
| $1.73M | ﹤0.01% |
129,825
+3,126
| +2% | +$46.4K |
|
|
BELFB
2946
Bel Fuse Inc Class B
BELFB
$4.21B
| $1.72M | ﹤0.01% |
161,308
+4,398
| +3% | +$49.8K |
|
|
QEP
2947
DELISTED
QEP RESOURCES, INC.
QEP
| $1.72M | ﹤0.01% |
1,900,502
-7,924
| -0.4% | -$10.3K |
|
2948
IDT Corp
IDT
$1.62B
| $1.71M | ﹤0.01% |
260,619
+3,528
| +1% | +$23.3K |
|
2949
EVI Industries
EVI
$180M
| $1.71M | ﹤0.01% |
64,374
+2,423
| +4% | +$59.2K |
|
|
PRTY
2950
DELISTED
Party City Holdco Inc.
PRTY
| $1.71M | ﹤0.01% |
658,192
+219,546
| +50% | +$464K |
|
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.