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 | |
|---|---|---|---|---|---|---|
|
NVMI
3076
Nova
NVMI
$12.5B
| $1.36M | ﹤0.01% |
26,021
-1,343
| -5% | -$68.8K |
|
3077
Westwood Holdings Group
WHG
$189M
| $1.36M | ﹤0.01% |
121,845
+3,365
| +3% | +$41.4K |
|
|
PINE
3078
Alpine Income Property Trust
PINE
$352M
| $1.35M | ﹤0.01% |
86,894
+322
| +0.4% | +$4.78K |
|
|
AMRN
3079
Amarin Corp
AMRN
$303M
| $1.35M | ﹤0.01% |
16,022
+427
| +3% | +$51.2K |
|
3080
Eagle Bancorp Montana
EBMT
$190M
| $1.35M | ﹤0.01% |
76,542
+553
| +0.7% | +$9.34K |
|
|
FRBK
3081
DELISTED
Republic First Bancorp Inc
FRBK
| $1.35M | ﹤0.01% |
679,971
+1,664
| +0.2% | +$3.62K |
|
3082
Enterprise Products Partners
EPD
$81.7B
| $1.34M | ﹤0.01% |
85,138
+2,851
| +3% | +$49.9K |
|
|
RYZ
3083
Ryerson Holding Corp
RYZ
$1.46B
| $1.34M | ﹤0.01% |
234,529
+7,322
| +3% | +$42.5K |
|
3084
Corsair Gaming
CRSR
$1.53B
| $1.34M | ﹤0.01% |
+66,634
| New | +$1.16M |
|
3085
Aquestive Therapeutics
AQST
$494M
| $1.34M | ﹤0.01% |
275,418
+4,972
| +2% | +$32.5K |
|
3086
LiqTech
LIQT
$21M
| $1.34M | ﹤0.01% |
19,772
| – | – |
|
|
RDS.B
3087
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $1.34M | ﹤0.01% |
55,192
-4,703
| -8% | -$135K |
|
3088
Princeton Bancorp
BPRN
$287M
| $1.33M | ﹤0.01% |
73,423
+1,067
| +1% | +$20.2K |
|
|
RJET
3089
Republic Airways Holdings
RJET
$1B
| $1.33M | ﹤0.01% |
30,111
+2,161
| +8% | +$110K |
|
3090
Radware
RDWR
$1.19B
| $1.32M | ﹤0.01% |
54,625
+1,740
| +3% | +$44K |
|
|
TTOO
3091
DELISTED
T2 Biosystems, Inc
TTOO
| $1.32M | ﹤0.01% |
195
+53
| +37% | +$393K |
|
3092
C&F Financial
CFFI
$286M
| $1.32M | ﹤0.01% |
44,542
+1,032
| +2% | +$32.1K |
|
3093
Mayville Engineering Co
MEC
$617M
| $1.32M | ﹤0.01% |
143,912
+45,688
| +47% | +$386K |
|
3094
Global Water Resources
GWRS
$219M
| $1.32M | ﹤0.01% |
122,189
+2,837
| +2% | +$31.2K |
|
3095
Crawford & Co Class A
CRD.A
$669M
| $1.31M | ﹤0.01% |
201,081
+4,052
| +2% | +$30K |
|
3096
Legacy Housing
LEGH
$694M
| $1.31M | ﹤0.01% |
95,688
+10,556
| +12% | +$150K |
|
3097
Compugen
CGEN
$228M
| $1.3M | ﹤0.01% |
79,964
+23,609
| +42% | +$387K |
|
3098
Caledonia Mining Corp
CMCL
$420M
| $1.3M | ﹤0.01% |
76,392
+4,890
| +7% | +$97.2K |
|
3099
Gencor Industries
GENC
$212M
| $1.3M | ﹤0.01% |
117,640
+3,080
| +3% | +$37.6K |
|
3100
Nature's Sunshine
NATR
$288M
| $1.3M | ﹤0.01% |
112,098
+8,247
| +8% | +$88.2K |
|
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.