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 | |
|---|---|---|---|---|---|---|
|
ALX
2126
Alexander's
ALX
$1.41B
| $7.73M | ﹤0.01% |
31,534
+418
| +1% | +$106K |
|
2127
Tootsie Roll Industries
TR
$2.98B
| $7.73M | ﹤0.01% |
298,800
-13,986
| -4% | -$373K |
|
2128
Nkarta
NKTX
$172M
| $7.73M | ﹤0.01% |
+257,212
| New | +$7.58M |
|
|
JOBS
2129
DELISTED
51job Inc
JOBS
| $7.68M | ﹤0.01% |
99,038
+489
| +0.5% | +$34K |
|
|
BMTC
2130
DELISTED
Bryn Mawr Bank Corp
BMTC
| $7.64M | ﹤0.01% |
307,141
+6,313
| +2% | +$168K |
|
2131
Mitek Systems
MITK
$834M
| $7.63M | ﹤0.01% |
598,921
-5,147
| -0.9% | -$58K |
|
2132
Bank of N.T. Butterfield & Son
NTB
$2.45B
| $7.63M | ﹤0.01% |
342,527
+5,219
| +2% | +$131K |
|
|
RNAM
2133
DELISTED
Avidity Biosciences
RNAM
| $7.62M | ﹤0.01% |
270,637
+253,706
| +1,498% | +$7.33M |
|
|
MDP
2134
DELISTED
Meredith Corporation
MDP
| $7.57M | ﹤0.01% |
577,323
+9,752
| +2% | +$136K |
|
2135
Extreme Networks
EXTR
$3.15B
| $7.57M | ﹤0.01% |
1,883,587
+129,359
| +7% | +$563K |
|
2136
Assembly Biosciences
ASMB
$529M
| $7.54M | ﹤0.01% |
38,213
+1,063
| +3% | +$268K |
|
2137
Surgery Partners
SGRY
$2.03B
| $7.53M | ﹤0.01% |
344,028
+9,007
| +3% | +$160K |
|
2138
Relmada Therapeutics
RLMD
$527M
| $7.53M | ﹤0.01% |
200,250
+2,007
| +1% | +$77.6K |
|
|
TRUE
2139
DELISTED
TrueCar
TRUE
| $7.53M | ﹤0.01% |
1,506,327
+1,759
| +0.1% | +$7.42K |
|
2140
World Acceptance Corp
WRLD
$873M
| $7.51M | ﹤0.01% |
71,204
-10,283
| -13% | -$855K |
|
|
ALBO
2141
DELISTED
Albireo Pharma Inc
ALBO
| $7.51M | ﹤0.01% |
225,181
+35,150
| +18% | +$1.02M |
|
|
SDC
2142
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $7.51M | ﹤0.01% |
643,017
+109,328
| +20% | +$1M |
|
2143
Black Diamond Therapeutics
BDTX
$112M
| $7.49M | ﹤0.01% |
247,726
+65,962
| +36% | +$2.01M |
|
|
HSII
2144
DELISTED
Heidrick & Struggles
HSII
| $7.49M | ﹤0.01% |
381,138
+7,348
| +2% | +$154K |
|
|
UMH
2145
UMH Properties
UMH
$1.36B
| $7.49M | ﹤0.01% |
552,852
+16,917
| +3% | +$226K |
|
2146
DNOW Inc
DNOW
$2.99B
| $7.48M | ﹤0.01% |
1,648,461
+77,469
| +5% | +$588K |
|
2147
Alaunos Therapeutics
TCRT
$4.86M
| $7.46M | ﹤0.01% |
19,728
+282
| +1% | +$125K |
|
|
BRSL
2148
Brightstar Lottery PLC
BRSL
$2.03B
| $7.43M | ﹤0.01% |
667,717
-105,675
| -14% | -$1.13M |
|
|
ACCD
2149
DELISTED
Accolade Inc
ACCD
| $7.41M | ﹤0.01% |
+190,729
| New | +$6.58M |
|
|
LGF.A
2150
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $7.41M | ﹤0.01% |
781,860
-16,732
| -2% | -$144K |
|
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.