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 | |
|---|---|---|---|---|---|---|
|
STEL
2451
DELISTED
Stellar Bancorp
STEL
| $4.5M | ﹤0.01% |
275,564
+3,136
| +1% | +$52.5K |
|
2452
Central Garden & Pet Co
CENT
$2.8B
| $4.49M | ﹤0.01% |
140,653
+99,793
| +244% | +$3.12M |
|
|
WCN
2453
Waste Connections
WCN
$42B
| $4.48M | ﹤0.01% |
44,788
+1,542
| +4% | +$154K |
|
|
LDL
2454
DELISTED
Lydall, Inc.
LDL
| $4.47M | ﹤0.01% |
270,431
+18,777
| +7% | +$327K |
|
2455
FRP Holdings
FRPH
$421M
| $4.47M | ﹤0.01% |
214,396
+952
| +0.4% | +$19.5K |
|
|
MRNS
2456
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $4.46M | ﹤0.01% |
346,798
+57,755
| +20% | +$498K |
|
2457
Bar Harbor Bankshares
BHB
$666M
| $4.45M | ﹤0.01% |
216,347
+8,115
| +4% | +$167K |
|
2458
Motorcar Parts of America
MPAA
$258M
| $4.44M | ﹤0.01% |
285,384
+8,245
| +3% | +$141K |
|
|
RAPT
2459
DELISTED
RAPT Therapeutics
RAPT
| $4.44M | ﹤0.01% |
17,231
+806
| +5% | +$179K |
|
2460
Avita Medical
RCEL
$240M
| $4.44M | ﹤0.01% |
+176,321
| New | +$4.4M |
|
|
FBM
2461
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $4.44M | ﹤0.01% |
282,234
+11,653
| +4% | +$178K |
|
2462
Forestar Group
FOR
$1.51B
| $4.42M | ﹤0.01% |
249,588
+9,194
| +4% | +$160K |
|
|
CUTR
2463
DELISTED
Cutera, Inc.
CUTR
| $4.42M | ﹤0.01% |
232,738
+4,596
| +2% | +$71K |
|
|
NEX
2464
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $4.41M | ﹤0.01% |
2,384,224
+118,288
| +5% | +$287K |
|
2465
Designer Brands
DBI
$333M
| $4.41M | ﹤0.01% |
811,610
-14,616
| -2% | -$94.6K |
|
2466
Dillards
DDS
$9.56B
| $4.41M | ﹤0.01% |
120,633
-1,161
| -1% | -$32.6K |
|
2467
OneSpaWorld
OSW
$2.66B
| $4.41M | ﹤0.01% |
677,763
+73,633
| +12% | +$448K |
|
2468
American Superconductor
AMSC
$1.59B
| $4.4M | ﹤0.01% |
303,780
+14,061
| +5% | +$157K |
|
2469
First Community Bankshares
FCBC
$911M
| $4.39M | ﹤0.01% |
243,244
+1,188
| +0.5% | +$23.5K |
|
2470
Peapack-Gladstone Financial
PGC
$812M
| $4.39M | ﹤0.01% |
289,693
+4,569
| +2% | +$76.6K |
|
|
UBA
2471
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $4.38M | ﹤0.01% |
476,096
+15,794
| +3% | +$156K |
|
|
MORF
2472
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $4.37M | ﹤0.01% |
159,965
+11,670
| +8% | +$306K |
|
2473
KALA BIO
KALA
$14.5M
| $4.37M | ﹤0.01% |
233
-19
| -8% | -$437K |
|
2474
Midland States Bancorp
MSBI
$695M
| $4.36M | ﹤0.01% |
338,988
+14,950
| +5% | +$213K |
|
2475
Hingham Institution for Saving
HIFS
$663M
| $4.35M | ﹤0.01% |
23,657
+470
| +2% | +$86K |
|
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.