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 | |
|---|---|---|---|---|---|---|
|
SACH
3476
Sachem Capital Corp
SACH
$39.6M
| $400K | ﹤0.01% |
101,000
| – | – |
|
|
SEAC
3477
DELISTED
Seachange International Inc
SEAC
| $399K | ﹤0.01% |
22,948
+443
| +2% | +$11.7K |
|
3478
Ituran Location and Control
ITRN
$1.05B
| $397K | ﹤0.01% |
28,586
+857
| +3% | +$12.4K |
|
|
GNCA
3479
DELISTED
Genocea Biosciences, Inc.
GNCA
| $397K | ﹤0.01% |
173,407
+4,406
| +3% | +$11.6K |
|
|
USAP
3480
DELISTED
Universal Stainless & Alloy
USAP
| $396K | ﹤0.01% |
72,174
| – | – |
|
3481
Nomura Holdings
NMR
$29.1B
| $395K | ﹤0.01% |
86,264
+3,130
| +4% | +$15.2K |
|
3482
Bridgford Foods
BRID
$57.1M
| $394K | ﹤0.01% |
21,572
+136
| +0.6% | +$2.35K |
|
|
CTG
3483
DELISTED
Computer Task Group, Inc.
CTG
| $394K | ﹤0.01% |
79,381
| – | – |
|
|
STKL
3484
DELISTED
SunOpta
STKL
| $392K | ﹤0.01% |
52,907
| – | – |
|
|
DMK
3485
DELISTED
DMK Pharmaceuticals Corporation Common Stock
DMK
| $392K | ﹤0.01% |
7,157
-2,342
| -25% | -$139K |
|
3486
Limbach Holdings
LMB
$589M
| $391K | ﹤0.01% |
36,558
| – | – |
|
3487
Brookfield Infrastructure Partners
BIP
$18.2B
| $390K | ﹤0.01% |
12,290
-451
| -4% | -$13.3K |
|
3488
Fiverr
FVRR
$344M
| $390K | ﹤0.01% |
2,818
-130
| -4% | -$13.9K |
|
3489
Vaalco Energy
EGY
$614M
| $387K | ﹤0.01% |
387,387
| – | – |
|
3490
Consumer Portfolio Services
CPSS
$205M
| $385K | ﹤0.01% |
116,676
| – | – |
|
3491
Microbot Medical
MBOT
$126M
| $385K | ﹤0.01% |
50,504
| – | – |
|
3492
Biomerica
BMRA
$4.94M
| $383K | ﹤0.01% |
6,921
+733
| +12% | +$47.4K |
|
|
ACGN
3493
DELISTED
Aceragen Inc
ACGN
| $382K | ﹤0.01% |
10,538
| – | – |
|
|
BIOC
3494
DELISTED
Biocept, Inc.
BIOC
| $381K | ﹤0.01% |
2,885
+1,827
| +173% | +$369K |
|
3495
Lee Enterprises
LEE
$181M
| $378K | ﹤0.01% |
45,148
-82
| -0.2% | -$735 |
|
|
VIVS
3496
VivoSim Labs
VIVS
$1.11M
| $378K | ﹤0.01% |
3,984
-116
| -3% | -$14.9K |
|
3497
Neuronetics
STIM
$167M
| $375K | ﹤0.01% |
77,221
-241
| -0.3% | -$914 |
|
3498
Galicia Financial Group
GGAL
$7.47B
| $374K | ﹤0.01% |
51,696
-18,972
| -27% | -$199K |
|
3499
SK Telecom
SKM
$13.2B
| $372K | ﹤0.01% |
10,079
-1,211
| -11% | -$42.8K |
|
3500
IAMGOLD
IAG
$10.3B
| $369K | ﹤0.01% |
96,504
+11,036
| +13% | +$47.9K |
|
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.