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 | |
|---|---|---|---|---|---|---|
2001
Kearny Financial
KRNY
$599M
| $9.02M | ﹤0.01% |
1,251,449
+53,209
| +4% | +$409K |
|
|
MCHB
2002
Mechanics Bancorp
MCHB
$3.68B
| $9.02M | ﹤0.01% |
349,981
-12,083
| -3% | -$317K |
|
2003
Krystal Biotech
KRYS
$9.66B
| $8.99M | ﹤0.01% |
208,941
+28,595
| +16% | +$1.24M |
|
|
AGEN
2004
Agenus
AGEN
$290M
| $8.98M | ﹤0.01% |
114,371
+10,106
| +10% | +$786K |
|
2005
Green Brick Partners
GRBK
$3.14B
| $8.96M | ﹤0.01% |
556,541
+181,789
| +49% | +$2.68M |
|
2006
Magnolia Oil & Gas
MGY
$5.94B
| $8.95M | ﹤0.01% |
1,731,078
+59,056
| +4% | +$368K |
|
2007
Purple Innovation
PRPL
$41.7M
| $8.95M | ﹤0.01% |
14,396
+6,669
| +86% | +$3.55M |
|
2008
BioXcel Therapeutics
BTAI
$27.8M
| $8.94M | ﹤0.01% |
12,885
+2,798
| +28% | +$2.1M |
|
2009
Monarch Casino & Resort
MCRI
$2.23B
| $8.91M | ﹤0.01% |
199,864
+6,413
| +3% | +$262K |
|
2010
Sportsman's Warehouse
SPWH
$46M
| $8.9M | ﹤0.01% |
621,971
+6,571
| +1% | +$101K |
|
2011
OrthoPediatrics
KIDS
$595M
| $8.9M | ﹤0.01% |
193,756
+30,418
| +19% | +$1.41M |
|
2012
York Water
YORW
$514M
| $8.89M | ﹤0.01% |
210,296
+4,841
| +2% | +$222K |
|
2013
Columbia Financial
CLBK
$1.13B
| $8.88M | ﹤0.01% |
800,246
+3,664
| +0.5% | +$43.4K |
|
2014
The RMR Group
RMR
$332M
| $8.88M | ﹤0.01% |
323,214
+1,633
| +0.5% | +$47.3K |
|
|
IGMS
2015
DELISTED
IGM Biosciences
IGMS
| $8.87M | ﹤0.01% |
120,218
-40,685
| -25% | -$2.41M |
|
|
SPTN
2016
DELISTED
SpartanNash
SPTN
| $8.87M | ﹤0.01% |
542,749
+18,105
| +3% | +$361K |
|
|
CLR
2017
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $8.87M | ﹤0.01% |
722,538
-200,680
| -22% | -$3.26M |
|
2018
1st Source
SRCE
$2.12B
| $8.86M | ﹤0.01% |
287,341
+9,325
| +3% | +$314K |
|
2019
PAR Technology
PAR
$735M
| $8.86M | ﹤0.01% |
218,669
+25,484
| +13% | +$911K |
|
|
DENN
2020
DELISTED
Denny's
DENN
| $8.85M | ﹤0.01% |
885,339
+35,222
| +4% | +$352K |
|
|
HA
2021
DELISTED
Hawaiian Holdings, Inc.
HA
| $8.85M | ﹤0.01% |
686,401
-24,726
| -3% | -$330K |
|
|
ARR
2022
Armour Residential REIT
ARR
$2.36B
| $8.8M | ﹤0.01% |
185,057
-157
| -0.1% | -$7.49K |
|
2023
GoPro
GPRO
$126M
| $8.79M | ﹤0.01% |
1,941,161
+33,107
| +2% | +$155K |
|
2024
Kelly Services Class A
KELYA
$528M
| $8.78M | ﹤0.01% |
515,293
+688
| +0.1% | +$11.5K |
|
|
MOMO
2025
Hello Group
MOMO
$866M
| $8.77M | ﹤0.01% |
640,567
+87,075
| +16% | +$1.58M |
|
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.