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 | |
|---|---|---|---|---|---|---|
2026
Veeco
VECO
$3.23B
| $8.75M | ﹤0.01% |
749,748
+25,600
| +4% | +$326K |
|
|
EIDX
2027
DELISTED
Eidos Therapeutics, Inc. Common Stock
EIDX
| $8.72M | ﹤0.01% |
172,574
+27,226
| +19% | +$1.22M |
|
2028
Bausch Health
BHC
$2.34B
| $8.72M | ﹤0.01% |
563,809
+33,467
| +6% | +$576K |
|
|
QUOT
2029
DELISTED
Quotient Technology Inc
QUOT
| $8.72M | ﹤0.01% |
1,181,088
+24,811
| +2% | +$201K |
|
2030
Liberty Media Series A
FWONA
$23.6B
| $8.71M | ﹤0.01% |
271,494
-95,433
| -26% | -$3.09M |
|
2031
Omega Flex
OFLX
$312M
| $8.69M | ﹤0.01% |
55,442
+659
| +1% | +$82.6K |
|
2032
ATN International
ATNI
$492M
| $8.68M | ﹤0.01% |
173,165
+1,286
| +0.7% | +$73.4K |
|
|
NTUS
2033
DELISTED
Natus Medical Inc
NTUS
| $8.68M | ﹤0.01% |
506,873
-10,777
| -2% | -$204K |
|
|
TVTY
2034
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $8.67M | ﹤0.01% |
618,510
-34,914
| -5% | -$504K |
|
2035
Clearwater Paper
CLW
$376M
| $8.66M | ﹤0.01% |
228,253
-4,574
| -2% | -$164K |
|
2036
Cass Information Systems
CASS
$743M
| $8.66M | ﹤0.01% |
215,133
+2,906
| +1% | +$111K |
|
2037
Federal Agricultural Mortgage
AGM
$2.56B
| $8.65M | ﹤0.01% |
135,961
-16,399
| -11% | -$1.06M |
|
2038
Unitil
UTL
$980M
| $8.64M | ﹤0.01% |
223,586
+6,874
| +3% | +$288K |
|
|
KNL
2039
DELISTED
Knoll, Inc.
KNL
| $8.63M | ﹤0.01% |
715,351
-68,079
| -9% | -$841K |
|
2040
CRH
CRH
$66.8B
| $8.61M | ﹤0.01% |
238,670
+7,181
| +3% | +$270K |
|
|
MAGN
2041
Magnera Corp
MAGN
$460M
| $8.59M | ﹤0.01% |
47,994
+214
| +0.4% | +$42.8K |
|
2042
Coty
COTY
$2.48B
| $8.59M | ﹤0.01% |
3,181,502
-1,739,146
| -35% | -$6.57M |
|
2043
Protagonist Therapeutics
PTGX
$9.44B
| $8.58M | ﹤0.01% |
439,114
+70,744
| +19% | +$1.33M |
|
2044
PBF Energy
PBF
$7.31B
| $8.58M | ﹤0.01% |
1,508,571
+49,028
| +3% | +$407K |
|
2045
Zumiez
ZUMZ
$339M
| $8.58M | ﹤0.01% |
308,319
+645
| +0.2% | +$16.9K |
|
2046
Argan
AGX
$8.37B
| $8.55M | ﹤0.01% |
204,147
+7,788
| +4% | +$342K |
|
2047
3D Systems Corp
DDD
$613M
| $8.51M | ﹤0.01% |
1,733,408
+36,508
| +2% | +$216K |
|
|
OSG
2048
Octave Specialty Group
OSG
$222M
| $8.51M | ﹤0.01% |
666,236
+16,715
| +3% | +$215K |
|
|
HNGR
2049
DELISTED
Hanger Inc.
HNGR
| $8.5M | ﹤0.01% |
537,483
-492
| -0.1% | -$8.87K |
|
|
CIR
2050
DELISTED
CIRCOR International, Inc
CIR
| $8.5M | ﹤0.01% |
310,646
+5,607
| +2% | +$156K |
|
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.