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 | |
|---|---|---|---|---|---|---|
|
AMTI
2151
DELISTED
Applied Molecular Transport Inc. Common Stock
AMTI
| $7.41M | ﹤0.01% |
232,717
+215,585
| +1,258% | +$5.29M |
|
2152
Anika Therapeutics
ANIK
$287M
| $7.4M | ﹤0.01% |
209,112
-23,017
| -10% | -$831K |
|
2153
Ichor Holdings
ICHR
$2.56B
| $7.38M | ﹤0.01% |
342,295
+10,102
| +3% | +$268K |
|
2154
Preferred Bank
PFBC
$1.25B
| $7.38M | ﹤0.01% |
229,698
+5,618
| +3% | +$210K |
|
2155
Varex Imaging
VREX
$523M
| $7.37M | ﹤0.01% |
579,424
-11,642
| -2% | -$159K |
|
2156
DMC Global
BOOM
$157M
| $7.37M | ﹤0.01% |
223,707
+3,473
| +2% | +$110K |
|
|
CBAY
2157
DELISTED
Cymabay Therapeutics
CBAY
| $7.36M | ﹤0.01% |
1,016,750
-39,253
| -4% | -$210K |
|
2158
Flex
FLEX
$44.8B
| $7.35M | ﹤0.01% |
875,742
+327,290
| +60% | +$2.67M |
|
2159
Gogo Inc
GOGO
$492M
| $7.27M | ﹤0.01% |
787,313
-30,933
| -4% | -$169K |
|
2160
The Bancorp
TBBK
$2.84B
| $7.27M | ﹤0.01% |
841,872
-4,837
| -0.6% | -$44.4K |
|
|
EFC
2161
Ellington Financial
EFC
$1.71B
| $7.27M | ﹤0.01% |
592,817
+8,702
| +1% | +$106K |
|
2162
Arcutis Biotherapeutics
ARQT
$3.18B
| $7.26M | ﹤0.01% |
247,913
+95,651
| +63% | +$2.56M |
|
2163
Brookdale Senior Living
BKD
$3.4B
| $7.25M | ﹤0.01% |
2,855,128
+261,002
| +10% | +$720K |
|
2164
iHeartMedia
IHRT
$583M
| $7.22M | ﹤0.01% |
889,098
+32,405
| +4% | +$276K |
|
2165
Ryanair
RYAAY
$31.3B
| $7.22M | ﹤0.01% |
220,683
+1,313
| +0.6% | +$40.8K |
|
2166
nCino
NCNO
$2.1B
| $7.21M | ﹤0.01% |
+90,562
| New | +$7.23M |
|
2167
Camden National
CAC
$976M
| $7.21M | ﹤0.01% |
238,589
+4,297
| +2% | +$139K |
|
|
AKRO
2168
DELISTED
Akero Therapeutics
AKRO
| $7.2M | ﹤0.01% |
233,870
+93,903
| +67% | +$3.28M |
|
|
BPFH
2169
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $7.18M | ﹤0.01% |
1,301,698
+7,661
| +0.6% | +$45.6K |
|
|
HONE
2170
DELISTED
HarborOne Bancorp
HONE
| $7.18M | ﹤0.01% |
889,454
+17,450
| +2% | +$149K |
|
|
COWN
2171
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $7.17M | ﹤0.01% |
441,028
+24,901
| +6% | +$424K |
|
|
AERI
2172
DELISTED
Aerie Pharmaceuticals
AERI
| $7.17M | ﹤0.01% |
609,109
-2,663
| -0.4% | -$32.4K |
|
|
BFX
2173
DELISTED
BowFlex Inc.
BFX
| $7.13M | ﹤0.01% |
415,655
-2,143
| -0.5% | -$27.5K |
|
|
CNSL
2174
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $7.12M | ﹤0.01% |
1,250,540
+3,293
| +0.3% | +$22.8K |
|
2175
HUTCHMED
HCM
$2.17B
| $7.11M | ﹤0.01% |
221,603
+11,722
| +6% | +$365K |
|
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.