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 | |
|---|---|---|---|---|---|---|
1826
CEVA Inc
CEVA
$1.08B
| $12.5M | ﹤0.01% |
317,373
-3,091
| -1% | -$123K |
|
1827
Primoris Services
PRIM
$4.45B
| $12.4M | ﹤0.01% |
688,735
-5,707
| -0.8% | -$101K |
|
1828
Mercury Insurance
MCY
$6.07B
| $12.4M | ﹤0.01% |
299,922
-17,394
| -5% | -$747K |
|
|
SCS
1829
DELISTED
Steelcase
SCS
| $12.4M | ﹤0.01% |
1,225,534
-11,211
| -0.9% | -$121K |
|
1830
Vericel Corp
VCEL
$2.31B
| $12.4M | ﹤0.01% |
668,377
-13,376
| -2% | -$221K |
|
1831
Kforce
KFRC
$1.06B
| $12.3M | ﹤0.01% |
383,886
-5,236
| -1% | -$168K |
|
1832
Atlanta Braves Holdings Series B
BATRK
$3.21B
| $12.3M | ﹤0.01% |
587,267
-10,162
| -2% | -$197K |
|
1833
Griffon
GFF
$4.86B
| $12.3M | ﹤0.01% |
630,570
+47,150
| +8% | +$969K |
|
1834
Southside Bancshares
SBSI
$967M
| $12.3M | ﹤0.01% |
503,460
+11,463
| +2% | +$310K |
|
|
CMRC
1835
Commerce.com Inc Series 1
CMRC
$184M
| $12.3M | ﹤0.01% |
+147,590
| New | +$12.9M |
|
|
INVX
1836
Innovex International
INVX
$1.97B
| $12.3M | ﹤0.01% |
495,981
-3,274
| -0.7% | -$104K |
|
1837
Columbus McKinnon
CMCO
$584M
| $12.3M | ﹤0.01% |
370,850
+9,234
| +3% | +$320K |
|
1838
Rackspace Technology
RXT
$1.24B
| $12.2M | ﹤0.01% |
+634,254
| New | +$11.6M |
|
1839
Teck Resources
TECK
$32.6B
| $12.2M | ﹤0.01% |
862,398
-38
| -0% | -$450 |
|
1840
Carpenter Technology
CRS
$28.4B
| $12.1M | ﹤0.01% |
668,811
-16,672
| -2% | -$360K |
|
1841
Rocket Pharmaceuticals
RCKT
$394M
| $12.1M | ﹤0.01% |
531,032
-18,016
| -3% | -$444K |
|
1842
Abercrombie & Fitch
ANF
$5B
| $12.1M | ﹤0.01% |
869,660
-20,908
| -2% | -$244K |
|
1843
Quince Therapeutics
QNCX
$29.5M
| $12.1M | ﹤0.01% |
1,206
+355
| +42% | +$3.23M |
|
|
MOBL
1844
DELISTED
MobileIron, Inc.
MOBL
| $12M | ﹤0.01% |
1,718,164
-93,485
| -5% | -$546K |
|
1845
Brookfield Infrastructure
BIPC
$4.85B
| $12M | ﹤0.01% |
323,855
+15,369
| +5% | +$511K |
|
1846
B2Gold
BTG
$6.64B
| $11.9M | ﹤0.01% |
1,834,445
+99,374
| +6% | +$646K |
|
|
BWIN
1847
Baldwin Insurance Group
BWIN
$2.86B
| $11.9M | ﹤0.01% |
478,574
+105,244
| +28% | +$2.28M |
|
1848
uniQure
QURE
$3.22B
| $11.9M | ﹤0.01% |
323,273
+289,298
| +852% | +$11.9M |
|
|
ALEX
1849
DELISTED
Alexander & Baldwin
ALEX
| $11.9M | ﹤0.01% |
1,058,727
+19,723
| +2% | +$236K |
|
1850
Phreesia
PHR
$773M
| $11.8M | ﹤0.01% |
368,737
+61,827
| +20% | +$1.84M |
|
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.