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 | |
|---|---|---|---|---|---|---|
2376
CVR Energy
CVI
$3.13B
| $5.2M | ﹤0.01% |
419,870
+1,352
| +0.3% | +$22.9K |
|
2377
Miller Industries
MLR
$619M
| $5.19M | ﹤0.01% |
169,653
+4,270
| +3% | +$129K |
|
|
KE
2378
Kimball Electronics
KE
$628M
| $5.15M | ﹤0.01% |
445,886
+3,546
| +0.8% | +$46.5K |
|
2379
Bank First Corp
BFC
$1.7B
| $5.15M | ﹤0.01% |
87,790
+2,629
| +3% | +$164K |
|
2380
AdvanSix
ASIX
$444M
| $5.14M | ﹤0.01% |
398,866
-4,081
| -1% | -$51K |
|
|
AKUS
2381
DELISTED
Akouos Inc
AKUS
| $5.14M | ﹤0.01% |
+224,622
| New | +$4.99M |
|
|
SYRS
2382
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $5.13M | ﹤0.01% |
58,071
+1,691
| +3% | +$192K |
|
|
MTEM
2383
DELISTED
Molecular Templates, Inc.
MTEM
| $5.12M | ﹤0.01% |
31,268
+5,563
| +22% | +$989K |
|
|
DCOM
2384
DELISTED
Dime Community Bancshares
DCOM
| $5.12M | ﹤0.01% |
452,751
-11,743
| -3% | -$146K |
|
|
QTNT
2385
DELISTED
Quotient Limited Ordinary Shares
QTNT
| $5.11M | ﹤0.01% |
24,870
+14,187
| +133% | +$3.68M |
|
2386
Descartes Systems
DSGX
$6.82B
| $5.09M | ﹤0.01% |
89,323
+4,261
| +5% | +$236K |
|
2387
Dime Commercial Bancshares
DCOM
$1.78B
| $5.08M | ﹤0.01% |
291,728
+7,945
| +3% | +$153K |
|
2388
Clarus
CLAR
$143M
| $5.06M | ﹤0.01% |
358,432
+9,687
| +3% | +$121K |
|
|
DRRX
2389
DELISTED
DURECT Corp
DRRX
| $5.05M | ﹤0.01% |
295,507
+6,680
| +2% | +$134K |
|
|
NPTN
2390
DELISTED
NEOPHOTONICS CORP
NPTN
| $5.04M | ﹤0.01% |
827,106
+19,589
| +2% | +$150K |
|
|
CIVI
2391
DELISTED
Civitas Resources
CIVI
| $5.03M | ﹤0.01% |
267,603
-2,328
| -0.9% | -$43.6K |
|
|
ATHX
2392
DELISTED
Athersys, Inc. Common Stock
ATHX
| $5.03M | ﹤0.01% |
103,135
+6,860
| +7% | +$415K |
|
|
TGH
2393
DELISTED
Textainer Group Holdings limited
TGH
| $5.02M | ﹤0.01% |
354,857
-5,367
| -1% | -$57.7K |
|
2394
ProPetro Holding
PUMP
$1.35B
| $5.02M | ﹤0.01% |
1,237,426
+76,742
| +7% | +$417K |
|
|
BCEL
2395
DELISTED
Atreca, Inc. Class A Common Stock
BCEL
| $5.01M | ﹤0.01% |
358,566
+154,550
| +76% | +$2.31M |
|
2396
Clean Energy Fuels
CLNE
$346M
| $5.01M | ﹤0.01% |
2,019,218
-198,733
| -9% | -$517K |
|
2397
CytomX Therapeutics
CTMX
$754M
| $5.01M | ﹤0.01% |
753,164
+44,275
| +6% | +$328K |
|
|
RUTH
2398
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $4.99M | ﹤0.01% |
451,524
+40,977
| +10% | +$370K |
|
2399
Turning Point Brands
TPB
$1.74B
| $4.99M | ﹤0.01% |
178,735
+55,521
| +45% | +$1.63M |
|
|
HAPN
2400
Happen Inc
HAPN
$2.24B
| $4.99M | ﹤0.01% |
1,058,523
+53,510
| +5% | +$282K |
|
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.