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 | |
|---|---|---|---|---|---|---|
|
WNS
2076
DELISTED
WNS Holdings
WNS
| $8.2M | ﹤0.01% |
128,199
+5,354
| +4% | +$337K |
|
2077
HealthStream
HSTM
$840M
| $8.19M | ﹤0.01% |
408,346
+4,384
| +1% | +$93.1K |
|
2078
SiriusPoint
SPNT
$2.68B
| $8.18M | ﹤0.01% |
1,177,231
-889
| -0.1% | -$7.18K |
|
2079
America's Car Mart
CRMT
$26.9M
| $8.15M | ﹤0.01% |
95,982
+2,830
| +3% | +$268K |
|
2080
Nicolet Bankshares
NIC
$3.62B
| $8.15M | ﹤0.01% |
149,180
+6,207
| +4% | +$353K |
|
|
RPT
2081
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $8.14M | ﹤0.01% |
1,495,690
+28,990
| +2% | +$178K |
|
2082
SI-BONE Inc
SIBN
$834M
| $8.13M | ﹤0.01% |
342,661
+13,597
| +4% | +$270K |
|
2083
Icahn Enterprises
IEP
$5.3B
| $8.11M | ﹤0.01% |
164,466
-335
| -0.2% | -$16.9K |
|
2084
Conduent
CNDT
$264M
| $8.11M | ﹤0.01% |
2,549,322
+36,675
| +1% | +$109K |
|
2085
Standard BioTools
LAB
$314M
| $8.11M | ﹤0.01% |
1,090,898
+11,980
| +1% | +$82.7K |
|
2086
Harmonic Inc
HLIT
$1.28B
| $8.1M | ﹤0.01% |
1,450,753
-12,784
| -0.9% | -$72.4K |
|
2087
Gorman-Rupp
GRC
$2.21B
| $8.09M | ﹤0.01% |
274,660
-1,537
| -0.6% | -$48.5K |
|
|
TRST
2088
Trustco Bank Corp NY
TRST
$938M
| $8.09M | ﹤0.01% |
309,965
+6,209
| +2% | +$181K |
|
|
KRA
2089
DELISTED
Kraton Corporation
KRA
| $8.09M | ﹤0.01% |
453,878
-2,988
| -0.7% | -$48.1K |
|
|
DBD
2090
DELISTED
Diebold Nixdorf Incorporated
DBD
| $8.08M | ﹤0.01% |
1,058,166
+1,965
| +0.2% | +$14.5K |
|
2091
HSBC
HSBC
$356B
| $8.08M | ﹤0.01% |
412,836
-492
| -0.1% | -$10.8K |
|
|
VBIV
2092
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $8.08M | ﹤0.01% |
94,175
-1,634
| -2% | -$190K |
|
2093
Patterson-UTI
PTEN
$3.76B
| $8.07M | ﹤0.01% |
2,832,380
+71,070
| +3% | +$261K |
|
|
AHRT
2094
AH Realty Trust
AHRT
$517M
| $8.07M | ﹤0.01% |
871,471
+33,072
| +4% | +$326K |
|
|
SPPI
2095
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $8.07M | ﹤0.01% |
1,977,342
+307,232
| +18% | +$1.17M |
|
|
VAPO
2096
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $8.06M | ﹤0.01% |
34,727
+1,891
| +6% | +$545K |
|
2097
Washington Trust Bancorp
WASH
$741M
| $8.05M | ﹤0.01% |
262,703
+7,725
| +3% | +$254K |
|
|
TBI
2098
Trueblue
TBI
$311M
| $8.03M | ﹤0.01% |
518,627
-11,173
| -2% | -$172K |
|
2099
Korro Bio
KRRO
$195M
| $8.02M | ﹤0.01% |
8,353
+3,427
| +70% | +$3.68M |
|
|
FFWM
2100
DELISTED
First Foundation Inc
FFWM
| $8.01M | ﹤0.01% |
613,059
+17,131
| +3% | +$260K |
|
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.