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 | |
|---|---|---|---|---|---|---|
|
SFE
3001
DELISTED
Safeguard Scientifics, Inc.
SFE
| $1.56M | ﹤0.01% |
284,898
+1,838
| +0.6% | +$11K |
|
|
UBX
3002
DELISTED
Unity Biotechnology
UBX
| $1.56M | ﹤0.01% |
45,048
-1,508
| -3% | -$95.5K |
|
|
CKPT
3003
DELISTED
Checkpoint Therapeutics
CKPT
| $1.56M | ﹤0.01% |
58,112
+10,280
| +21% | +$247K |
|
3004
Talos Energy
TALO
$2.4B
| $1.55M | ﹤0.01% |
240,865
+484
| +0.2% | +$3.55K |
|
|
ZEUS
3005
DELISTED
Olympic Steel
ZEUS
| $1.55M | ﹤0.01% |
136,540
+4,434
| +3% | +$49.2K |
|
3006
GoodRx Holdings
GDRX
$1.26B
| $1.55M | ﹤0.01% |
+27,873
| New | +$1.48M |
|
3007
INNOVATE Corp
VATE
$165M
| $1.54M | ﹤0.01% |
63,803
+1,001
| +2% | +$27K |
|
3008
BlueLinx
BXC
$706M
| $1.54M | ﹤0.01% |
71,540
-4,783
| -6% | -$77.2K |
|
|
RESN
3009
DELISTED
Resonant Inc.
RESN
| $1.54M | ﹤0.01% |
646,054
+3,800
| +0.6% | +$9.47K |
|
3010
PCB Bancorp
PCB
$391M
| $1.54M | ﹤0.01% |
174,825
+1,862
| +1% | +$17.6K |
|
|
UN
3011
DELISTED
Unilever NV New York Registry Shares
UN
| $1.53M | ﹤0.01% |
25,389
-299
| -1% | -$17.3K |
|
3012
Chemung Financial Corp
CHMG
$392M
| $1.53M | ﹤0.01% |
53,051
+1,449
| +3% | +$41.4K |
|
3013
Bankwell Financial Group
BWFG
$533M
| $1.52M | ﹤0.01% |
107,843
+2,854
| +3% | +$44.1K |
|
|
AGS
3014
DELISTED
PlayAGS
AGS
| $1.52M | ﹤0.01% |
429,754
+56,872
| +15% | +$213K |
|
3015
Globalstar
GSAT
$10.8B
| $1.52M | ﹤0.01% |
330,682
| – | – |
|
|
NESR
3016
National Energy Services Reunited Corp
NESR
$2.93B
| $1.52M | ﹤0.01% |
238,164
+6,454
| +3% | +$45.7K |
|
|
TCS
3017
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $1.51M | ﹤0.01% |
16,258
+2,676
| +20% | +$172K |
|
3018
BHP
BHP
$230B
| $1.51M | ﹤0.01% |
32,809
+2,536
| +8% | +$122K |
|
3019
UBS Group
UBS
$176B
| $1.51M | ﹤0.01% |
135,755
-10,799
| -7% | -$129K |
|
3020
Cardiff Oncology
CRDF
$77.2M
| $1.51M | ﹤0.01% |
106,559
+66,283
| +165% | +$438K |
|
|
DZSI
3021
DELISTED
DZS Inc. Common Stock
DZSI
| $1.51M | ﹤0.01% |
161,090
+6,770
| +4% | +$68K |
|
3022
First Business Financial Services
FBIZ
$595M
| $1.51M | ﹤0.01% |
105,592
+1,258
| +1% | +$19.5K |
|
|
CPE
3023
DELISTED
Callon Petroleum Company
CPE
| $1.51M | ﹤0.01% |
312,465
-54,008
| -15% | -$477K |
|
|
AC
3024
DELISTED
Associated Capital Group
AC
| $1.5M | ﹤0.01% |
41,673
-1,081
| -3% | -$41.2K |
|
|
ALSK
3025
DELISTED
Alaska Communications Systems
ALSK
| $1.5M | ﹤0.01% |
751,541
+34,034
| +5% | +$78.7K |
|
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.