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 | |
|---|---|---|---|---|---|---|
3326
United Microelectronic
UMC
$46.6B
| $674K | ﹤0.01% |
123,214
-82,209
| -40% | -$305K |
|
|
CSLT
3327
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $672K | ﹤0.01% |
595,293
-9,810
| -2% | -$10.8K |
|
|
REV
3328
DELISTED
Revlon, Inc.
REV
| $672K | ﹤0.01% |
106,422
+4,887
| +5% | +$37.4K |
|
3329
Kura Sushi USA
KRUS
$595M
| $671K | ﹤0.01% |
51,292
+2,513
| +5% | +$31.5K |
|
3330
Honda
HMC
$41.1B
| $669K | ﹤0.01% |
28,232
+2,492
| +10% | +$63K |
|
3331
Aviat Networks
AVNW
$273M
| $668K | ﹤0.01% |
60,928
+6,566
| +12% | +$67.5K |
|
|
PSTL
3332
Postal Realty Trust
PSTL
$695M
| $667K | ﹤0.01% |
44,105
| – | – |
|
|
ZAGG
3333
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $667K | ﹤0.01% |
238,508
-85
| -0% | -$267 |
|
3334
Plumas Bancorp
PLBC
$426M
| $666K | ﹤0.01% |
33,872
+2,589
| +8% | +$53.9K |
|
3335
Custom Truck One Source
CTOS
$2.41B
| $662K | ﹤0.01% |
159,635
+834
| +0.5% | +$3.23K |
|
|
SOHU
3336
Sohu.com
SOHU
$353M
| $660K | ﹤0.01% |
33,308
-9,415
| -22% | -$163K |
|
|
RPTX
3337
DELISTED
Repare Therapeutics
RPTX
| $658K | ﹤0.01% |
21,402
| – | – |
|
|
CALB
3338
DELISTED
California BanCorp Common Stock
CALB
| $656K | ﹤0.01% |
57,956
-136
| -0.2% | -$1.76K |
|
3339
Meridian
MRBK
$234M
| $652K | ﹤0.01% |
80,856
+6,014
| +8% | +$45K |
|
3340
Mizuho Financial
MFG
$130B
| $651K | ﹤0.01% |
255,342
+43,899
| +21% | +$115K |
|
|
ADMS
3341
DELISTED
Adamas Pharmaceuticals
ADMS
| $649K | ﹤0.01% |
157,645
| – | – |
|
|
DLA
3342
DELISTED
Delta Apparel Inc.
DLA
| $646K | ﹤0.01% |
45,335
| – | – |
|
|
KG
3343
Kestrel Group
KG
$69.2M
| $643K | ﹤0.01% |
26,369
| – | – |
|
|
SAL
3344
DELISTED
Salisbury Bancorp, Inc.
SAL
| $643K | ﹤0.01% |
40,728
+364
| +0.9% | +$6.64K |
|
3345
Target Hospitality
TH
$1.63B
| $639K | ﹤0.01% |
524,156
-7,925
| -1% | -$11.4K |
|
3346
Energy Transfer Partners
ET
$69.7B
| $635K | ﹤0.01% |
117,242
-4,022
| -3% | -$25.5K |
|
|
SCPH
3347
DELISTED
scPharmaceuticals
SCPH
| $635K | ﹤0.01% |
85,247
+9,995
| +13% | +$78.1K |
|
3348
Savara
SVRA
$1.2B
| $632K | ﹤0.01% |
580,178
+7,414
| +1% | +$12.7K |
|
3349
Landmark Bancorp
LARK
$193M
| $631K | ﹤0.01% |
39,657
+3,729
| +10% | +$59.9K |
|
3350
Rekor Systems
REKR
$91.4M
| $631K | ﹤0.01% |
109,708
+34,360
| +46% | +$170K |
|
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.