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 | |
|---|---|---|---|---|---|---|
|
ARI
1626
Apollo Commercial Real Estate
ARI
$885M
| $17.2M | ﹤0.01% |
1,906,079
-226,566
| -11% | -$2.09M |
|
1627
Fluor
FLR
$7.96B
| $17.1M | ﹤0.01% |
1,946,606
-184,595
| -9% | -$1.94M |
|
1628
Mesa Laboratories
MLAB
$574M
| $17.1M | ﹤0.01% |
67,088
+8,322
| +14% | +$1.98M |
|
|
GNMK
1629
DELISTED
GenMark Diagnostics, Inc
GNMK
| $17.1M | ﹤0.01% |
1,203,543
+23,996
| +2% | +$367K |
|
1630
Strategy Inc
MSTR
$38.4B
| $17.1M | ﹤0.01% |
1,134,030
-14,590
| -1% | -$197K |
|
1631
Super Micro Computer
SMCI
$20.1B
| $17M | ﹤0.01% |
6,448,960
-59,460
| -0.9% | -$162K |
|
1632
Deluxe
DLX
$1.15B
| $17M | ﹤0.01% |
661,078
-49,348
| -7% | -$1.27M |
|
|
GLUU
1633
DELISTED
Glu Mobile Inc.
GLUU
| $17M | ﹤0.01% |
2,214,284
+197,457
| +10% | +$1.66M |
|
|
DRNA
1634
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $17M | ﹤0.01% |
944,479
+4,736
| +0.5% | +$98.1K |
|
1635
Banner Corp
BANR
$2.4B
| $17M | ﹤0.01% |
526,655
-3,598
| -0.7% | -$127K |
|
|
NBIS
1636
Nebius Group N.V.
NBIS
$47.7B
| $17M | ﹤0.01% |
259,927
+21,430
| +9% | +$1.28M |
|
1637
Helmerich & Payne
HP
$3.71B
| $16.9M | ﹤0.01% |
1,156,466
-90,172
| -7% | -$1.57M |
|
1638
Park National Corp
PRK
$3.67B
| $16.9M | ﹤0.01% |
206,324
-10,716
| -5% | -$872K |
|
|
BRMK
1639
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $16.9M | ﹤0.01% |
1,714,579
+107,947
| +7% | +$1.04M |
|
|
FMBI
1640
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $16.9M | ﹤0.01% |
1,564,173
-143,397
| -8% | -$1.77M |
|
1641
Marten Transport
MRTN
$1.22B
| $16.8M | ﹤0.01% |
1,032,095
-10,452
| -1% | -$185K |
|
|
AVYA
1642
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $16.8M | ﹤0.01% |
1,105,275
-139,607
| -11% | -$1.97M |
|
|
WDR
1643
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $16.8M | ﹤0.01% |
1,128,443
-80,893
| -7% | -$1.23M |
|
1644
Red Rock Resorts
RRR
$3.62B
| $16.7M | ﹤0.01% |
978,830
-59,298
| -6% | -$863K |
|
1645
Brown-Forman Class A
BF.A
$13.3B
| $16.7M | ﹤0.01% |
243,644
+5,949
| +3% | +$388K |
|
1646
PagerDuty
PD
$902M
| $16.7M | ﹤0.01% |
615,190
+331,564
| +117% | +$9.32M |
|
|
ICPT
1647
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $16.7M | ﹤0.01% |
402,015
+5,553
| +1% | +$255K |
|
1648
Antero Midstream
AM
$10.1B
| $16.6M | ﹤0.01% |
3,100,087
-59,085
| -2% | -$360K |
|
1649
Pan American Silver
PAAS
$21.6B
| $16.6M | ﹤0.01% |
519,601
+11,084
| +2% | +$381K |
|
1650
Helios Technologies
HLIO
$2.76B
| $16.6M | ﹤0.01% |
456,820
+11,443
| +3% | +$444K |
|
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.