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 | |
|---|---|---|---|---|---|---|
2201
Cameco
CCJ
$42.4B
| $6.84M | ﹤0.01% |
681,415
+9,577
| +1% | +$104K |
|
|
OTRK
2202
DELISTED
Ontrak
OTRK
| $6.84M | ﹤0.01% |
1,266
+152
| +14% | +$704K |
|
|
CLDT
2203
Chatham Lodging
CLDT
$586M
| $6.83M | ﹤0.01% |
897,105
+18,352
| +2% | +$120K |
|
2204
American Public Education
APEI
$940M
| $6.83M | ﹤0.01% |
242,370
-6,164
| -2% | -$187K |
|
|
BBT
2205
Beacon Financial Corp
BBT
$2.66B
| $6.83M | ﹤0.01% |
675,533
+23,921
| +4% | +$235K |
|
2206
Liberty Energy
LBRT
$3.25B
| $6.82M | ﹤0.01% |
853,862
+52,975
| +7% | +$369K |
|
2207
Transocean
RIG
$5.82B
| $6.81M | ﹤0.01% |
8,436,725
-5,283
| -0.1% | -$8.64K |
|
|
EGRX
2208
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $6.79M | ﹤0.01% |
159,881
-6,156
| -4% | -$269K |
|
|
CTT
2209
DELISTED
CATCHMARK TIMBER TRUST, INC.
CTT
| $6.79M | ﹤0.01% |
760,565
+16,300
| +2% | +$155K |
|
2210
Stoke Therapeutics
STOK
$2.11B
| $6.77M | ﹤0.01% |
202,189
+42,245
| +26% | +$1.21M |
|
2211
First Financial Corp
THFF
$969M
| $6.77M | ﹤0.01% |
215,624
+5,268
| +3% | +$178K |
|
|
BCLI
2212
DELISTED
BRAINSTORM CELL THERAPUTC
BCLI
| $6.77M | ﹤0.01% |
26,660
+425
| +2% | +$87K |
|
2213
Bally's
BALY
$658M
| $6.76M | ﹤0.01% |
257,240
-12,400
| -5% | -$288K |
|
|
WIFI
2214
DELISTED
Boingo Wireless, Inc.
WIFI
| $6.76M | ﹤0.01% |
662,862
+20,925
| +3% | +$271K |
|
2215
United Fire Group
UFCS
$1.4B
| $6.75M | ﹤0.01% |
332,336
+700
| +0.2% | +$17.5K |
|
2216
Ennis
EBF
$564M
| $6.74M | ﹤0.01% |
386,648
+10,469
| +3% | +$184K |
|
2217
Ocular Therapeutix
OCUL
$2.02B
| $6.74M | ﹤0.01% |
885,906
+72,648
| +9% | +$603K |
|
2218
Banc of California
BANC
$2.97B
| $6.73M | ﹤0.01% |
664,840
+3,143
| +0.5% | +$34K |
|
2219
Barrett Business Services
BBSI
$804M
| $6.7M | ﹤0.01% |
510,864
+1,468
| +0.3% | +$20.1K |
|
|
SHOE
2220
Shoe Station Group
SHOE
$428M
| $6.7M | ﹤0.01% |
398,852
-2,854
| -0.7% | -$43.1K |
|
2221
Replimune Group
REPL
$1.01B
| $6.69M | ﹤0.01% |
290,806
+79,343
| +38% | +$1.81M |
|
2222
EverQuote
EVER
$906M
| $6.68M | ﹤0.01% |
172,880
-16,085
| -9% | -$725K |
|
2223
Vital Farms
VITL
$525M
| $6.67M | ﹤0.01% |
+164,605
| New | +$6.22M |
|
2224
IES Holdings
IESC
$15.2B
| $6.67M | ﹤0.01% |
209,917
+85,478
| +69% | +$2.34M |
|
2225
Phathom Pharmaceuticals
PHAT
$692M
| $6.66M | ﹤0.01% |
181,599
+3,257
| +2% | +$113K |
|
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.