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 | |
|---|---|---|---|---|---|---|
2401
MasterCraft Boat Holdings
MCFT
$590M
| $4.96M | ﹤0.01% |
283,689
-1,438
| -0.5% | -$28.8K |
|
2402
Liberty Latin America Class A
LILA
$1.67B
| $4.96M | ﹤0.01% |
885,052
-47,371
| -5% | -$288K |
|
|
AD
2403
Array Digital Infrastructure
AD
$3.05B
| $4.95M | ﹤0.01% |
167,768
-631
| -0.4% | -$20.7K |
|
|
BDSI
2404
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $4.95M | ﹤0.01% |
1,327,566
+50,739
| +4% | +$216K |
|
|
AXDX
2405
DELISTED
Accelerate Diagnostics
AXDX
| $4.93M | ﹤0.01% |
46,229
-772
| -2% | -$107K |
|
|
CATC
2406
DELISTED
CAMBRIDGE BANCORP
CATC
| $4.91M | ﹤0.01% |
92,428
+1,633
| +2% | +$88.3K |
|
|
BNFT
2407
DELISTED
Benefitfocus, Inc.
BNFT
| $4.91M | ﹤0.01% |
438,321
-5,713
| -1% | -$62.7K |
|
|
CODX
2408
Co-Diagnostics
CODX
$5.6M
| $4.9M | ﹤0.01% |
12,016
+1,001
| +9% | +$514K |
|
2409
Crinetics Pharmaceuticals
CRNX
$8.92B
| $4.88M | ﹤0.01% |
311,777
-4,783
| -2% | -$73.1K |
|
2410
Ethan Allen Interiors
ETD
$603M
| $4.88M | ﹤0.01% |
360,666
-37,874
| -10% | -$500K |
|
2411
Allient
ALNT
$1.92B
| $4.87M | ﹤0.01% |
177,116
+8,700
| +5% | +$230K |
|
|
BFS
2412
Saul Centers
BFS
$841M
| $4.86M | ﹤0.01% |
182,807
+4,613
| +3% | +$134K |
|
|
TGI
2413
DELISTED
Triumph Group
TGI
| $4.85M | ﹤0.01% |
745,573
+15,399
| +2% | +$114K |
|
|
ORC
2414
Orchid Island Capital
ORC
$1.31B
| $4.85M | ﹤0.01% |
193,642
+9,043
| +5% | +$226K |
|
|
LAND
2415
Gladstone Land Corp
LAND
$360M
| $4.83M | ﹤0.01% |
321,876
+9,152
| +3% | +$143K |
|
2416
SFL Corp
SFL
$1.61B
| $4.83M | ﹤0.01% |
644,545
+50,627
| +9% | +$443K |
|
2417
Customers Bancorp
CUBI
$2.77B
| $4.83M | ﹤0.01% |
430,822
+14,131
| +3% | +$168K |
|
2418
Q32 Bio
QTTB
$464M
| $4.82M | ﹤0.01% |
25,041
+117
| +0.5% | +$26.2K |
|
2419
Ribbon Communications
RBBN
$383M
| $4.81M | ﹤0.01% |
1,243,990
+59,969
| +5% | +$253K |
|
|
ZIXI
2420
DELISTED
Zix Corporation
ZIXI
| $4.8M | ﹤0.01% |
821,814
+6,376
| +0.8% | +$39.9K |
|
|
DX
2421
Dynex Capital
DX
$3.21B
| $4.8M | ﹤0.01% |
315,447
-12,531
| -4% | -$192K |
|
|
NGM
2422
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $4.79M | ﹤0.01% |
301,259
+56,879
| +23% | +$1.04M |
|
|
ZYXI
2423
DELISTED
Zynex
ZYXI
| $4.76M | ﹤0.01% |
300,297
+24,890
| +9% | +$420K |
|
|
AMK
2424
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $4.76M | ﹤0.01% |
218,803
+13,248
| +6% | +$334K |
|
2425
HCI Group
HCI
$2.41B
| $4.75M | ﹤0.01% |
96,402
+1,164
| +1% | +$59K |
|
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.