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 | |
|---|---|---|---|---|---|---|
|
TRTX
2176
TPG RE Finance Trust
TRTX
$618M
| $7.1M | ﹤0.01% |
839,377
+12,756
| +2% | +$109K |
|
|
USCR
2177
DELISTED
U S Concrete, Inc.
USCR
| $7.09M | ﹤0.01% |
244,351
+5,289
| +2% | +$143K |
|
|
FSP
2178
Franklin Street Properties
FSP
$46.8M
| $7.09M | ﹤0.01% |
1,938,325
-28,539
| -1% | -$134K |
|
|
NWLI
2179
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $7.08M | ﹤0.01% |
38,737
+744
| +2% | +$153K |
|
2180
Digi International
DGII
$3.1B
| $7.06M | ﹤0.01% |
451,761
-8,353
| -2% | -$110K |
|
|
TCRR
2181
DELISTED
TCR2 Therapeutics Inc. Common Stock
TCRR
| $7.05M | ﹤0.01% |
347,193
+102,685
| +42% | +$1.8M |
|
2182
Winmark
WINA
$1.32B
| $7.03M | ﹤0.01% |
40,848
+1,145
| +3% | +$184K |
|
2183
Impinj
PI
$5.6B
| $7M | ﹤0.01% |
265,760
+26,561
| +11% | +$702K |
|
|
PAE
2184
DELISTED
PAE Incorporated Class A Common Stock
PAE
| $7M | ﹤0.01% |
823,002
+46,245
| +6% | +$412K |
|
|
FLXN
2185
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $6.99M | ﹤0.01% |
671,948
+80,276
| +14% | +$984K |
|
2186
Groupon
GRPN
$1.02B
| $6.99M | ﹤0.01% |
342,610
-16,090
| -4% | -$375K |
|
2187
Univest Financial
UVSP
$1.18B
| $6.99M | ﹤0.01% |
486,410
+9,701
| +2% | +$151K |
|
|
ABTX
2188
DELISTED
Allegiance Bancshares
ABTX
| $6.99M | ﹤0.01% |
298,929
+9,088
| +3% | +$222K |
|
2189
Stoneridge
SRI
$213M
| $6.98M | ﹤0.01% |
380,110
-2,886
| -0.8% | -$58.9K |
|
2190
Cenovus Energy
CVE
$52.1B
| $6.97M | ﹤0.01% |
1,801,099
+64,520
| +4% | +$296K |
|
2191
Origin Bancorp
OBK
$1.66B
| $6.96M | ﹤0.01% |
326,077
+7,719
| +2% | +$173K |
|
|
CLCT
2192
DELISTED
Collectors Universe
CLCT
| $6.93M | ﹤0.01% |
140,067
-5,398
| -4% | -$232K |
|
2193
Personalis
PSNL
$1.51B
| $6.92M | ﹤0.01% |
319,453
+108,007
| +51% | +$2.15M |
|
|
AVTA
2194
DELISTED
Avantax, Inc. Common Stock
AVTA
| $6.92M | ﹤0.01% |
734,797
-16,119
| -2% | -$178K |
|
2195
Annexon
ANNX
$886M
| $6.92M | ﹤0.01% |
+228,917
| New | +$5.37M |
|
|
FFG
2196
DELISTED
FBL Financial Group
FFG
| $6.91M | ﹤0.01% |
143,297
+2,273
| +2% | +$90.6K |
|
|
QADA
2197
DELISTED
QAD Inc.
QADA
| $6.9M | ﹤0.01% |
163,559
+1,822
| +1% | +$76.6K |
|
2198
AngioDynamics
ANGO
$649M
| $6.9M | ﹤0.01% |
571,869
+10,771
| +2% | +$102K |
|
2199
Invesco Mortgage Capital
IVR
$805M
| $6.89M | ﹤0.01% |
254,335
+1,394
| +0.6% | +$43K |
|
|
AEGN
2200
DELISTED
Aegion Corp
AEGN
| $6.85M | ﹤0.01% |
484,981
+10,119
| +2% | +$159K |
|
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.