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 | |
|---|---|---|---|---|---|---|
2226
Hawkins
HWKN
$2.71B
| $6.66M | ﹤0.01% |
288,878
+2,258
| +0.8% | +$55.5K |
|
|
CAI
2227
DELISTED
CAI International, Inc.
CAI
| $6.65M | ﹤0.01% |
241,651
+4,190
| +2% | +$86.8K |
|
2228
Waterstone Financial
WSBF
$375M
| $6.65M | ﹤0.01% |
429,067
-4,364
| -1% | -$65.5K |
|
|
FRTA
2229
DELISTED
Forterra, Inc
FRTA
| $6.63M | ﹤0.01% |
560,942
-11,176
| -2% | -$149K |
|
2230
Gildan
GIL
$10.6B
| $6.63M | ﹤0.01% |
337,359
+13,687
| +4% | +$253K |
|
2231
V2X
VVX
$2.65B
| $6.61M | ﹤0.01% |
173,979
-107
| -0.1% | -$4.65K |
|
|
FBMS
2232
DELISTED
The First Bancshares, Inc.
FBMS
| $6.61M | ﹤0.01% |
315,171
+6,549
| +2% | +$139K |
|
|
DVAX
2233
DELISTED
Dynavax Technologies
DVAX
| $6.58M | ﹤0.01% |
1,523,959
+126,166
| +9% | +$900K |
|
2234
Chefs' Warehouse
CHEF
$4.5B
| $6.58M | ﹤0.01% |
452,706
+38,715
| +9% | +$551K |
|
|
NFBK
2235
DELISTED
Northfield Bancorp
NFBK
| $6.57M | ﹤0.01% |
720,208
+28,959
| +4% | +$284K |
|
2236
CAE Inc. Common Shares
CAE
$8.74B
| $6.56M | ﹤0.01% |
451,195
+3,665
| +0.8% | +$55.5K |
|
|
ATRS
2237
DELISTED
Antares Pharma, Inc.
ATRS
| $6.56M | ﹤0.01% |
2,430,310
+92,047
| +4% | +$255K |
|
|
TPC
2238
Tutor Perini Cor
TPC
$5.21B
| $6.51M | ﹤0.01% |
584,979
+12,279
| +2% | +$151K |
|
2239
FuelCell Energy
FCEL
$1.63B
| $6.49M | ﹤0.01% |
101,045
-185
| -0.2% | -$14.7K |
|
|
AVID
2240
DELISTED
Avid Technology Inc
AVID
| $6.48M | ﹤0.01% |
757,518
+8,703
| +1% | +$69.7K |
|
|
DHIL
2241
DELISTED
Diamond Hill
DHIL
| $6.48M | ﹤0.01% |
51,317
-849
| -2% | -$103K |
|
2242
Lemonade
LMND
$4.1B
| $6.48M | ﹤0.01% |
+130,308
| New | +$8.18M |
|
|
KREF
2243
KKR Real Estate Finance Trust
KREF
$499M
| $6.47M | ﹤0.01% |
391,405
+4,910
| +1% | +$84.3K |
|
2244
BRC Group Holdings
RILY
$289M
| $6.46M | ﹤0.01% |
257,861
+782
| +0.3% | +$19.7K |
|
|
GOCO
2245
DELISTED
GoHealth
GOCO
| $6.44M | ﹤0.01% |
+32,972
| New | +$7.94M |
|
|
RC
2246
Ready Capital
RC
$308M
| $6.42M | ﹤0.01% |
573,721
+29,761
| +5% | +$283K |
|
|
SPNS
2247
DELISTED
Sapiens International
SPNS
| $6.42M | ﹤0.01% |
210,096
+10,875
| +5% | +$333K |
|
2248
Nurix Therapeutics
NRIX
$2.65B
| $6.42M | ﹤0.01% |
+183,902
| New | +$4.63M |
|
2249
Horizon Bancorp
HBNC
$1.04B
| $6.41M | ﹤0.01% |
635,594
+6,007
| +1% | +$62.3K |
|
|
JCAP
2250
DELISTED
Jernigan Capital, Inc.
JCAP
| $6.4M | ﹤0.01% |
373,568
+30,054
| +9% | +$481K |
|
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.