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 | |
|---|---|---|---|---|---|---|
2426
Modine Manufacturing
MOD
$10.4B
| $4.74M | ﹤0.01% |
758,609
+17,749
| +2% | +$107K |
|
2427
Hackett Group
HCKT
$287M
| $4.73M | ﹤0.01% |
423,534
+10,991
| +3% | +$142K |
|
2428
CRA International
CRAI
$1.06B
| $4.72M | ﹤0.01% |
126,028
+2,430
| +2% | +$101K |
|
|
FFIC
2429
DELISTED
Flushing Financial
FFIC
| $4.7M | ﹤0.01% |
446,499
+9,038
| +2% | +$103K |
|
2430
Prothena Corp
PRTA
$450M
| $4.68M | ﹤0.01% |
468,738
-80,180
| -15% | -$965K |
|
2431
Energy Recovery
ERII
$443M
| $4.66M | ﹤0.01% |
568,580
+27,565
| +5% | +$221K |
|
2432
XBiotech
XBIT
$69.2M
| $4.65M | ﹤0.01% |
243,409
-18,252
| -7% | -$315K |
|
|
AMAG
2433
DELISTED
AMAG Pharmaceuticals
AMAG
| $4.64M | ﹤0.01% |
494,234
-5,682
| -1% | -$54K |
|
|
ASAP
2434
DELISTED
Waitr Holdings Inc. Common Stock
ASAP
| $4.61M | ﹤0.01% |
71,555
+18,225
| +34% | +$1.52M |
|
2435
Vishay Precision Group
VPG
$914M
| $4.6M | ﹤0.01% |
181,872
+641
| +0.4% | +$15.9K |
|
|
CPRX
2436
DELISTED
Catalyst Pharmaceutical
CPRX
| $4.6M | ﹤0.01% |
1,548,028
-26,464
| -2% | -$103K |
|
2437
El Pollo Loco
LOCO
$462M
| $4.6M | ﹤0.01% |
283,743
-11,863
| -4% | -$195K |
|
2438
Republic Bancorp
RBCAA
$1.95B
| $4.58M | ﹤0.01% |
162,690
+2,783
| +2% | +$85.7K |
|
2439
Independent Bank Corp
IBCP
$844M
| $4.57M | ﹤0.01% |
363,819
+15,608
| +4% | +$218K |
|
2440
Ooma
OOMA
$604M
| $4.57M | ﹤0.01% |
350,202
+7,295
| +2% | +$111K |
|
2441
VirnetX Holding Corp
VHC
$63.1M
| $4.57M | ﹤0.01% |
43,339
-1,639
| -4% | -$175K |
|
|
DSPG
2442
DELISTED
DSP Group Inc
DSPG
| $4.57M | ﹤0.01% |
346,467
+9,529
| +3% | +$140K |
|
2443
Transmedics
TMDX
$2.91B
| $4.57M | ﹤0.01% |
331,328
+143,530
| +76% | +$2.46M |
|
2444
Genesco
GCO
$422M
| $4.56M | ﹤0.01% |
211,541
+5,580
| +3% | +$109K |
|
2445
Farmers National Banc Corp
FMNB
$930M
| $4.54M | ﹤0.01% |
415,647
+9,970
| +2% | +$113K |
|
2446
Mercantile Bank Corp
MBWM
$1.05B
| $4.53M | ﹤0.01% |
251,406
+831
| +0.3% | +$17.4K |
|
2447
UFP Technologies
UFPT
$2.43B
| $4.53M | ﹤0.01% |
109,286
+761
| +0.7% | +$32.9K |
|
2448
Hooker Furnishings Corp
HOFT
$166M
| $4.52M | ﹤0.01% |
175,028
+7,691
| +5% | +$180K |
|
|
AFIB
2449
DELISTED
Acutus Medical Inc
AFIB
| $4.51M | ﹤0.01% |
+151,378
| New | +$4.6M |
|
2450
Novartis
NVS
$297B
| $4.5M | ﹤0.01% |
51,815
-4,684
| -8% | -$406K |
|
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.