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 | |
|---|---|---|---|---|---|---|
3301
Capital Bancorp
CBNK
$609M
| $724K | ﹤0.01% |
76,605
+865
| +1% | +$9.04K |
|
|
EVOK
3302
DELISTED
Evoke Pharma
EVOK
| $722K | ﹤0.01% |
1,070
-239
| -18% | -$152K |
|
3303
Stagwell
STGW
$2.24B
| $721K | ﹤0.01% |
447,972
| – | – |
|
3304
Barclays
BCS
$94.1B
| $720K | ﹤0.01% |
143,752
+1,319
| +0.9% | +$7.29K |
|
|
MITT
3305
TPG Mortgage Investment Trust
MITT
$223M
| $719K | ﹤0.01% |
86,952
-7,115
| -8% | -$62.8K |
|
3306
Natural Gas Services Group
NGS
$477M
| $717K | ﹤0.01% |
84,895
-1,960
| -2% | -$14.8K |
|
|
BRFS
3307
DELISTED
BRF SA
BRFS
| $715K | ﹤0.01% |
218,219
+23,884
| +12% | +$91.6K |
|
3308
Solid Biosciences
SLDB
$840M
| $712K | ﹤0.01% |
23,383
+745
| +3% | +$28.5K |
|
3309
Mitsubishi UFJ Financial
MUFG
$253B
| $705K | ﹤0.01% |
175,861
+49,636
| +39% | +$200K |
|
3310
Smith & Nephew
SNN
$12.6B
| $703K | ﹤0.01% |
17,992
+4,016
| +29% | +$162K |
|
3311
Chord Energy
CHRD
$7.44B
| $700K | ﹤0.01% |
2,503,289
-3,173
| -0.1% | -$1.94K |
|
3312
Orion Group Holdings
ORN
$420M
| $700K | ﹤0.01% |
254,680
| – | – |
|
3313
PAVmed
PAVM
$35.4M
| $697K | ﹤0.01% |
871
+48
| +6% | +$42.7K |
|
|
WBK
3314
DELISTED
Westpac Banking Corporation
WBK
| $697K | ﹤0.01% |
57,946
+12,802
| +28% | +$159K |
|
3315
Futu Holdings
FUTU
$15.2B
| $695K | ﹤0.01% |
24,316
+6,979
| +40% | +$219K |
|
3316
XWELL
XWEL
$8.53M
| $692K | ﹤0.01% |
17,580
+8,743
| +99% | +$511K |
|
3317
AgEagle Aerial Systems
UAVS
$54M
| $691K | ﹤0.01% |
+303
| New | +$808K |
|
|
VTLE
3318
DELISTED
Vital Energy
VTLE
| $690K | ﹤0.01% |
70,458
-140
| -0.2% | -$1.95K |
|
|
ORAN
3319
DELISTED
Orange
ORAN
| $688K | ﹤0.01% |
66,369
-21,034
| -24% | -$243K |
|
|
ACCS
3320
ACCESS Newswire
ACCS
$26.7M
| $687K | ﹤0.01% |
34,607
-1,290
| -4% | -$19.4K |
|
3321
Fathom Holdings
FTHM
$25.4M
| $685K | ﹤0.01% |
+43,541
| New | +$649K |
|
3322
First Western Financial
MYFW
$310M
| $684K | ﹤0.01% |
52,864
+403
| +0.8% | +$5.52K |
|
|
CMLS
3323
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $684K | ﹤0.01% |
127,481
+2,713
| +2% | +$12.7K |
|
3324
Lloyds Banking Group
LYG
$91.2B
| $678K | ﹤0.01% |
522,248
+55,486
| +12% | +$77.8K |
|
3325
Philips
PHG
$26.1B
| $674K | ﹤0.01% |
17,627
+1,018
| +6% | +$40.9K |
|
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.