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 | |
|---|---|---|---|---|---|---|
2101
Universal Electronics
UEIC
$61.3M
| $7.99M | ﹤0.01% |
211,680
+4,331
| +2% | +$188K |
|
|
LBAI
2102
DELISTED
Lakeland Bancorp Inc
LBAI
| $7.98M | ﹤0.01% |
802,377
+12,562
| +2% | +$133K |
|
|
VIE
2103
DELISTED
Viela Bio, Inc. Common Stock
VIE
| $7.97M | ﹤0.01% |
283,931
+30,444
| +12% | +$1.08M |
|
2104
Green Plains
GPRE
$1.03B
| $7.97M | ﹤0.01% |
514,624
-6,542
| -1% | -$89.6K |
|
|
RDUS
2105
DELISTED
Radius Health, Inc.
RDUS
| $7.96M | ﹤0.01% |
701,976
+16,437
| +2% | +$203K |
|
2106
Great Southern Bancorp
GSBC
$878M
| $7.94M | ﹤0.01% |
219,209
+1,545
| +0.7% | +$58.3K |
|
|
EBIX
2107
DELISTED
Ebix Inc
EBIX
| $7.94M | ﹤0.01% |
385,245
+8,780
| +2% | +$195K |
|
|
XENT
2108
DELISTED
Intersect ENT, Inc
XENT
| $7.91M | ﹤0.01% |
485,175
+12,556
| +3% | +$227K |
|
2109
Geron
GERN
$949M
| $7.91M | ﹤0.01% |
4,547,369
+533,264
| +13% | +$986K |
|
2110
Vanda Pharmaceuticals
VNDA
$302M
| $7.9M | ﹤0.01% |
817,842
+11,924
| +1% | +$127K |
|
2111
MarineMax
HZO
$788M
| $7.89M | ﹤0.01% |
307,608
+6,696
| +2% | +$184K |
|
2112
Seaboard Corp
SEB
$4.06B
| $7.89M | ﹤0.01% |
2,781
-203
| -7% | -$576K |
|
|
RDUS
2113
DELISTED
Radius Recycling
RDUS
| $7.88M | ﹤0.01% |
409,793
+8,048
| +2% | +$153K |
|
|
ANAT
2114
DELISTED
American National Group, Inc. Common Stock
ANAT
| $7.88M | ﹤0.01% |
116,676
-5,746
| -5% | -$417K |
|
2115
Center Bancorp
CNOB
$1.78B
| $7.87M | ﹤0.01% |
558,996
+9,102
| +2% | +$132K |
|
2116
Cars.com
CARS
$660M
| $7.86M | ﹤0.01% |
973,392
-4,483
| -0.5% | -$34.8K |
|
|
CKH
2117
DELISTED
Seacor Holdings Inc.
CKH
| $7.86M | ﹤0.01% |
270,417
+4,984
| +2% | +$148K |
|
2118
Acco Brands
ACCO
$407M
| $7.86M | ﹤0.01% |
1,354,969
+10,294
| +0.8% | +$67.4K |
|
2119
Inogen
INGN
$164M
| $7.86M | ﹤0.01% |
270,977
+877
| +0.3% | +$27.6K |
|
|
RAD
2120
DELISTED
Rite Aid Corporation
RAD
| $7.85M | ﹤0.01% |
827,640
+6,426
| +0.8% | +$91.7K |
|
2121
Adtran
ADTN
$616M
| $7.82M | ﹤0.01% |
762,752
+12,095
| +2% | +$137K |
|
2122
Alector
ALEC
$199M
| $7.79M | ﹤0.01% |
739,086
+87,232
| +13% | +$1.41M |
|
|
CMO
2123
DELISTED
Capstead Mortgage Corp.
CMO
| $7.76M | ﹤0.01% |
1,381,765
-13,314
| -1% | -$79.5K |
|
|
VXRT
2124
DELISTED
Vaxart
VXRT
| $7.76M | ﹤0.01% |
1,167,543
+516,141
| +79% | +$4.6M |
|
|
CLVS
2125
DELISTED
Clovis Oncology, Inc.
CLVS
| $7.76M | ﹤0.01% |
1,331,618
+95,773
| +8% | +$573K |
|
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.