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 | |
|---|---|---|---|---|---|---|
1876
FB Financial Corp
FBK
$3.04B
| $11.1M | ﹤0.01% |
443,621
+180,390
| +69% | +$4.66M |
|
1877
First Commonwealth Financial
FCF
$2.17B
| $11.1M | ﹤0.01% |
1,438,101
+29,615
| +2% | +$236K |
|
1878
John B. Sanfilippo & Son
JBSS
$972M
| $11.1M | ﹤0.01% |
147,425
-668
| -0.5% | -$55.7K |
|
|
EGIO
1879
DELISTED
Edgio, Inc. Common Stock
EGIO
| $11.1M | ﹤0.01% |
48,066
+987
| +2% | +$247K |
|
1880
New Fortress Energy
NFE
$101M
| $11M | ﹤0.01% |
250,883
+233,177
| +1,317% | +$6.12M |
|
|
HOME
1881
DELISTED
At Home Group Inc.
HOME
| $11M | ﹤0.01% |
741,716
+54,952
| +8% | +$727K |
|
|
RAVN
1882
DELISTED
Raven Industries Inc
RAVN
| $11M | ﹤0.01% |
509,949
-60,736
| -11% | -$1.4M |
|
1883
Enterprise Financial Services Corp
EFSC
$2.39B
| $11M | ﹤0.01% |
401,899
+6,159
| +2% | +$182K |
|
1884
Beam Therapeutics
BEAM
$2.84B
| $10.9M | ﹤0.01% |
444,690
+234,161
| +111% | +$5.81M |
|
|
AAMI
1885
Acadian Asset Management
AAMI
$3.19B
| $10.9M | ﹤0.01% |
846,628
-33,762
| -4% | -$445K |
|
1886
Theravance Biopharma
TBPH
$877M
| $10.9M | ﹤0.01% |
738,095
+16,662
| +2% | +$312K |
|
|
BRKL
1887
DELISTED
Brookline Bancorp
BRKL
| $10.9M | ﹤0.01% |
1,261,653
+28,069
| +2% | +$267K |
|
1888
Pilgrim's Pride
PPC
$6.54B
| $10.9M | ﹤0.01% |
725,563
-43,017
| -6% | -$687K |
|
1889
Celsius Holdings
CELH
$7.03B
| $10.8M | ﹤0.01% |
1,433,415
-12,474
| -0.9% | -$75.3K |
|
|
DLPH
1890
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $10.8M | ﹤0.01% |
647,404
-52,726
| -8% | -$869K |
|
1891
Quanex
NX
$1.01B
| $10.8M | ﹤0.01% |
585,774
+5,182
| +0.9% | +$82.3K |
|
1892
Quanterix
QTRX
$190M
| $10.8M | ﹤0.01% |
319,857
+66,621
| +26% | +$2.15M |
|
|
ENDP
1893
DELISTED
Endo International plc
ENDP
| $10.8M | ﹤0.01% |
3,264,397
-165,336
| -5% | -$530K |
|
|
MBT
1894
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $10.7M | ﹤0.01% |
+1,240,132
| New | +$11.3M |
|
|
CBB
1895
DELISTED
Cincinnati Bell Inc.
CBB
| $10.7M | ﹤0.01% |
714,026
-4,057
| -0.6% | -$60.9K |
|
1896
Benchmark Electronics
BHE
$2.96B
| $10.7M | ﹤0.01% |
530,557
-579
| -0.1% | -$11.8K |
|
1897
Triumph Financial Inc
TFIN
$1.82B
| $10.7M | ﹤0.01% |
343,172
+805
| +0.2% | +$22K |
|
1898
Axcelis
ACLS
$4.33B
| $10.7M | ﹤0.01% |
485,367
-2,065
| -0.4% | -$52.7K |
|
1899
Rhythm Pharmaceuticals
RYTM
$7.96B
| $10.7M | ﹤0.01% |
491,679
+14,929
| +3% | +$342K |
|
1900
Standex International
SXI
$4.12B
| $10.7M | ﹤0.01% |
179,981
+1,738
| +1% | +$99.9K |
|
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.