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 | |
|---|---|---|---|---|---|---|
|
GAN
3176
DELISTED
GAN Ltd
GAN
| $1.07M | ﹤0.01% |
63,662
+3,623
| +6% | +$76.8K |
|
|
GRTS
3177
DELISTED
Gritstone bio, Inc. Common Stock
GRTS
| $1.07M | ﹤0.01% |
405,722
+16,790
| +4% | +$62.3K |
|
3178
Retractable Technologies
RVP
$20.1M
| $1.07M | ﹤0.01% |
160,969
+16,118
| +11% | +$128K |
|
3179
Silvercrest Asset Management
SAMG
$79.9M
| $1.05M | ﹤0.01% |
100,873
+389
| +0.4% | +$4.58K |
|
3180
Saga Communications
SGA
$63.9M
| $1.05M | ﹤0.01% |
53,108
+489
| +0.9% | +$11.4K |
|
3181
Ohio Valley Banc Corp
OVBC
$205M
| $1.05M | ﹤0.01% |
50,959
+464
| +0.9% | +$10.1K |
|
3182
Alpha Metallurgical Resources
AMR
$1.93B
| $1.05M | ﹤0.01% |
143,451
-298
| -0.2% | -$1.38K |
|
3183
National Grid
NGG
$81.3B
| $1.05M | ﹤0.01% |
20,547
-5,371
| -21% | -$270K |
|
|
PR
3184
Permian Resources
PR
$16.9B
| $1.05M | ﹤0.01% |
1,742,023
-119,453
| -6% | -$91.8K |
|
3185
Auburn National Bancorp
AUBN
$91.9M
| $1.04M | ﹤0.01% |
28,817
+485
| +2% | +$21.4K |
|
3186
Larimar Therapeutics
LRMR
$432M
| $1.04M | ﹤0.01% |
68,493
+42,630
| +165% | +$540K |
|
3187
Afya
AFYA
$1.27B
| $1.04M | ﹤0.01% |
38,140
+102
| +0.3% | +$2.56K |
|
|
LEVL
3188
DELISTED
Level One Bancorp, Inc. Common Stock
LEVL
| $1.04M | ﹤0.01% |
66,422
+411
| +0.6% | +$6.71K |
|
3189
Aclaris Therapeutics
ACRS
$825M
| $1.03M | ﹤0.01% |
402,072
-10,503
| -3% | -$23.5K |
|
|
TLND
3190
DELISTED
Talend S.A. American Depositary Shares
TLND
| $1.03M | ﹤0.01% |
26,407
+488
| +2% | +$18.9K |
|
3191
Mistras Group
MG
$512M
| $1.03M | ﹤0.01% |
262,772
+8,100
| +3% | +$32.5K |
|
3192
First United
FUNC
$289M
| $1.02M | ﹤0.01% |
87,371
+1,609
| +2% | +$18.3K |
|
3193
NACCO Industries
NC
$320M
| $1.02M | ﹤0.01% |
55,826
+2,528
| +5% | +$54.8K |
|
|
NH
3194
DELISTED
NantHealth, Inc
NH
| $1.02M | ﹤0.01% |
28,965
+1,490
| +5% | +$84K |
|
|
FARM
3195
DELISTED
Farmer Brothers
FARM
| $1.01M | ﹤0.01% |
229,311
+507
| +0.2% | +$3.01K |
|
3196
TFI International
TFII
$11.5B
| $1.01M | ﹤0.01% |
23,664
+1,346
| +6% | +$56.7K |
|
3197
Airgain
AIRG
$72.4M
| $1.01M | ﹤0.01% |
75,696
+3,034
| +4% | +$38.9K |
|
3198
Bassett Furniture
BSET
$176M
| $1.01M | ﹤0.01% |
73,813
| – | – |
|
|
SRT
3199
DELISTED
Startek Inc.
SRT
| $1.01M | ﹤0.01% |
191,708
+3,705
| +2% | +$19K |
|
|
LNAI
3200
Lunai Bioworks
LNAI
$10.9M
| $1M | ﹤0.01% |
3,496
+111
| +3% | +$35K |
|
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.