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 | |
|---|---|---|---|---|---|---|
|
STEX
2976
Streamex Corp
STEX
$83M
| $1.63M | ﹤0.01% |
33,130
+2,497
| +8% | +$185K |
|
2977
BCB Bancorp
BCBP
$161M
| $1.63M | ﹤0.01% |
203,692
+1,892
| +0.9% | +$15.8K |
|
2978
Stratus Properties
STRS
$154M
| $1.63M | ﹤0.01% |
75,597
+454
| +0.6% | +$8.98K |
|
2979
Rio Tinto
RIO
$164B
| $1.62M | ﹤0.01% |
26,901
-395
| -1% | -$24.2K |
|
|
BFIN
2980
DELISTED
BankFinancial
BFIN
| $1.62M | ﹤0.01% |
224,428
-743
| -0.3% | -$5.65K |
|
|
SREV
2981
DELISTED
ServiceSource International, Inc.
SREV
| $1.62M | ﹤0.01% |
1,101,832
+21,870
| +2% | +$33.8K |
|
2982
Smith Micro Software
SMSI
$16.2M
| $1.61M | ﹤0.01% |
10,793
+187
| +2% | +$29.5K |
|
|
PFHD
2983
DELISTED
Professional Holding Corp. Class A Common stock
PFHD
| $1.61M | ﹤0.01% |
119,987
+77,779
| +184% | +$976K |
|
2984
Lifetime Brands
LCUT
$211M
| $1.61M | ﹤0.01% |
170,252
+5,600
| +3% | +$48.2K |
|
|
TCFC
2985
DELISTED
The Community Financial Corporation Common Stock
TCFC
| $1.6M | ﹤0.01% |
75,184
+177
| +0.2% | +$3.94K |
|
|
MBCN
2986
DELISTED
Middlefield Banc Corp
MBCN
| $1.6M | ﹤0.01% |
82,894
+461
| +0.6% | +$8.51K |
|
2987
LiveOne
LVO
$58.2M
| $1.6M | ﹤0.01% |
61,601
+7,452
| +14% | +$233K |
|
2988
FVCBankcorp
FVCB
$333M
| $1.59M | ﹤0.01% |
199,336
+3,335
| +2% | +$27.7K |
|
|
WMC
2989
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $1.59M | ﹤0.01% |
78,120
+722
| +0.9% | +$16K |
|
|
MCF
2990
DELISTED
Contango Oil & Gas Co.
MCF
| $1.59M | ﹤0.01% |
1,188,991
+37,253
| +3% | +$67K |
|
|
FLNT
2991
Fluent
FLNT
$120M
| $1.59M | ﹤0.01% |
106,996
+3,793
| +4% | +$55K |
|
2992
Vitamin Cottage Natural Grocers
NGVC
$654M
| $1.59M | ﹤0.01% |
161,364
-2,798
| -2% | -$36.6K |
|
2993
Galectin Therapeutics
GALT
$348M
| $1.59M | ﹤0.01% |
594,621
+921
| +0.2% | +$2.58K |
|
2994
Harvard Bioscience
HBIO
$29.2M
| $1.59M | ﹤0.01% |
52,695
+630
| +1% | +$21.2K |
|
|
LJPC
2995
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $1.58M | ﹤0.01% |
392,763
-4,101
| -1% | -$17K |
|
2996
Harmony Biosciences
HRMY
$2.24B
| $1.58M | ﹤0.01% |
+46,496
| New | +$1.7M |
|
2997
Tower Semiconductor
TSEM
$28.5B
| $1.57M | ﹤0.01% |
86,300
+347
| +0.4% | +$7K |
|
2998
Kartoon Studios
TOON
$34.9M
| $1.57M | ﹤0.01% |
131,940
+103,613
| +366% | +$1.62M |
|
2999
Weyco Group
WEYS
$440M
| $1.56M | ﹤0.01% |
96,736
+719
| +0.7% | +$13.1K |
|
|
CURO
3000
DELISTED
CURO Group Holdings Corp.
CURO
| $1.56M | ﹤0.01% |
221,976
-3,923
| -2% | -$29.9K |
|
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.