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 | |
|---|---|---|---|---|---|---|
|
CFMS
3376
DELISTED
Conformis, Inc. Common Stock
CFMS
| $573K | ﹤0.01% |
27,406
-607
| -2% | -$11.6K |
|
|
NIU
3377
Niu Technologies
NIU
$198M
| $571K | ﹤0.01% |
29,805
+8,738
| +41% | +$176K |
|
3378
PrimeEnergy Resources
PNRG
$302M
| $570K | ﹤0.01% |
8,608
+54
| +0.6% | +$3.83K |
|
3379
Wipro
WIT
$19.8B
| $567K | ﹤0.01% |
241,626
-77,124
| -24% | -$161K |
|
|
MARK
3380
DELISTED
Remark Holdings, Inc.
MARK
| $567K | ﹤0.01% |
48,514
+21,216
| +78% | +$294K |
|
|
SCTL
3381
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $565K | ﹤0.01% |
269,157
-1,663
| -0.6% | -$5.46K |
|
|
ASRT
3382
DELISTED
Assertio
ASRT
| $561K | ﹤0.01% |
14,071
-237
| -2% | -$11.5K |
|
3383
Nokia
NOK
$52.3B
| $556K | ﹤0.01% |
142,359
+18,260
| +15% | +$82.2K |
|
|
SG
3384
DELISTED
Sirius International Insurance Group, Ltd. Common Share
SG
| $556K | ﹤0.01% |
+48,125
| New | +$478K |
|
3385
Greene County Bancorp
GCBC
$577M
| $552K | ﹤0.01% |
50,940
+494
| +1% | +$5.47K |
|
3386
Star Bulk Carriers
SBLK
$3.23B
| $549K | ﹤0.01% |
79,766
+240
| +0.3% | +$1.62K |
|
3387
Sumitomo Mitsui Financial
SMFG
$163B
| $549K | ﹤0.01% |
98,353
+19,357
| +25% | +$111K |
|
|
AE
3388
DELISTED
Adams Resources & Energy Inc
AE
| $548K | ﹤0.01% |
27,568
+541
| +2% | +$12K |
|
|
ZYNE
3389
DELISTED
Zynerba Pharmaceuticals, Inc
ZYNE
| $545K | ﹤0.01% |
164,909
-2,466
| -1% | -$9.06K |
|
|
CDR
3390
DELISTED
Cedar Realty Trust, Inc
CDR
| $545K | ﹤0.01% |
102,068
-57
| -0.1% | -$332 |
|
3391
Acme United Corp
ACU
$214M
| $544K | ﹤0.01% |
23,648
| – | – |
|
3392
Ponce Financial Group
PDLB
$485M
| $542K | ﹤0.01% |
85,837
+2,232
| +3% | +$14.5K |
|
3393
Milestone Scientific
MLSS
$42.1M
| $541K | ﹤0.01% |
389,771
+1,989
| +0.5% | +$3.47K |
|
|
LEAF
3394
DELISTED
Leaf Group Ltd.
LEAF
| $538K | ﹤0.01% |
107,449
+6,866
| +7% | +$32.4K |
|
3395
Oak Valley Bancorp
OVLY
$278M
| $536K | ﹤0.01% |
46,846
+503
| +1% | +$6.54K |
|
3396
Marchex
MCHX
$79.7M
| $535K | ﹤0.01% |
252,818
-822
| -0.3% | -$1.45K |
|
|
APRN
3397
DELISTED
Blue Apron Holdings, Inc. Class A Common Stock
APRN
| $525K | ﹤0.01% |
6,122
+1,785
| +41% | +$204K |
|
3398
Banco Santander
SAN
$210B
| $524K | ﹤0.01% |
295,576
+49,840
| +20% | +$107K |
|
3399
United Bancorp
UBCP
$93.7M
| $523K | ﹤0.01% |
41,665
| – | – |
|
3400
PagSeguro Digital
PAGS
$2.57B
| $522K | ﹤0.01% |
13,846
+1,050
| +8% | +$40.8K |
|
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.