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 | |
|---|---|---|---|---|---|---|
|
AT
3026
DELISTED
Atlantic Power Corporation
AT
| $1.5M | ﹤0.01% |
763,421
-28,159
| -4% | -$57.3K |
|
|
SUMO
3027
DELISTED
Sumo Logic, Inc. Common Stock
SUMO
| $1.49M | ﹤0.01% |
+68,339
| New | +$1.61M |
|
|
ESSA
3028
DELISTED
ESSA Bancorp
ESSA
| $1.47M | ﹤0.01% |
119,398
-772
| -0.6% | -$10.1K |
|
3029
Wrap Technologies
WRAP
$104M
| $1.47M | ﹤0.01% |
217,376
+50,288
| +30% | +$479K |
|
3030
Telecom Argentina
TEO
$5.96B
| $1.47M | ﹤0.01% |
226,596
-369
| -0.2% | -$2.99K |
|
|
PROS
3031
DELISTED
ProSight Global, Inc.
PROS
| $1.47M | ﹤0.01% |
129,507
+12,353
| +11% | +$114K |
|
3032
Riverview Bancorp
RVSB
$108M
| $1.47M | ﹤0.01% |
353,622
+5,108
| +1% | +$22.9K |
|
|
FCCY
3033
DELISTED
1st Constitution Bancorp
FCCY
| $1.47M | ﹤0.01% |
123,318
+325
| +0.3% | +$3.98K |
|
3034
Pioneer Bancorp
PBFS
$434M
| $1.47M | ﹤0.01% |
165,071
+1,900
| +1% | +$16.5K |
|
|
ALR
3035
DELISTED
AlerisLife Inc
ALR
| $1.46M | ﹤0.01% |
288,472
+1,710
| +0.6% | +$8.14K |
|
3036
Organogenesis Holdings
ORGO
$239M
| $1.46M | ﹤0.01% |
380,354
+12,091
| +3% | +$47.7K |
|
3037
iShares Core S&P 500 ETF
IVV
$902B
| – | – |
0
| – | – |
|
|
WPG
3038
DELISTED
Washington Prime Group Inc.
WPG
| $1.46M | ﹤0.01% |
250,108
+5,836
| +2% | +$37.3K |
|
3039
Concrete Pumping Holdings
BBCP
$491M
| $1.46M | ﹤0.01% |
407,869
-6,472
| -2% | -$23.8K |
|
3040
CB Financial Services
CBFV
$193M
| $1.46M | ﹤0.01% |
76,279
+447
| +0.6% | +$8.43K |
|
3041
Coastal Financial
CCB
$693M
| $1.46M | ﹤0.01% |
118,822
+686
| +0.6% | +$9.48K |
|
|
MAXN
3042
DELISTED
Maxeon Solar Technologies
MAXN
| $1.46M | ﹤0.01% |
+858
| New | +$1.5M |
|
3043
Asure Software
ASUR
$250M
| $1.45M | ﹤0.01% |
192,297
-447
| -0.2% | -$3.04K |
|
3044
Avalo Therapeutics
AVTX
$983M
| $1.45M | ﹤0.01% |
221
+93
| +73% | +$699K |
|
|
STR
3045
DELISTED
Sitio Royalties
STR
| $1.45M | ﹤0.01% |
148,454
-546
| -0.4% | -$6.14K |
|
3046
Quad
QUAD
$525M
| $1.45M | ﹤0.01% |
477,313
+9,563
| +2% | +$31.6K |
|
3047
TotalEnergies
TTE
$190B
| $1.44M | ﹤0.01% |
42,084
-156
| -0.4% | -$5.95K |
|
3048
Verrica Pharmaceuticals
VRCA
$87.3M
| $1.44M | ﹤0.01% |
18,632
-1,120
| -6% | -$91.7K |
|
3049
Eastern Company
EML
$150M
| $1.44M | ﹤0.01% |
73,745
+843
| +1% | +$16.3K |
|
|
PCTI
3050
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $1.44M | ﹤0.01% |
253,750
+1,407
| +0.6% | +$8.8K |
|
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.