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 | |
|---|---|---|---|---|---|---|
276
Arthur J. Gallagher & Co
AJG
$64.3B
| $342M | 0.07% |
3,243,170
+52,412
| +2% | +$5.44M |
|
277
West Pharmaceutical
WST
$24.7B
| $334M | 0.07% |
1,218,410
+10,881
| +0.9% | +$2.88M |
|
278
American International
AIG
$42.1B
| $333M | 0.07% |
12,109,979
-463,282
| -4% | -$13.8M |
|
|
HOLX
279
DELISTED
Hologic
HOLX
| $329M | 0.06% |
4,951,900
+199,171
| +4% | +$12.6M |
|
280
Phillips 66
PSX
$81.2B
| $328M | 0.06% |
6,344,133
-42,574
| -0.7% | -$2.6M |
|
281
Ventas
VTR
$47.5B
| $328M | 0.06% |
7,827,594
+191,621
| +3% | +$7.66M |
|
282
SLB Ltd
SLB
$74.1B
| $327M | 0.06% |
21,066,711
+418,051
| +2% | +$7.77M |
|
283
Ameren
AEE
$30.2B
| $325M | 0.06% |
4,122,276
+19,019
| +0.5% | +$1.49M |
|
284
EOG Resources
EOG
$70.4B
| $322M | 0.06% |
8,983,569
+465,085
| +5% | +$20.9M |
|
285
Entergy
ETR
$49.9B
| $321M | 0.06% |
6,533,518
+23,930
| +0.4% | +$1.18M |
|
|
SPLK
286
DELISTED
Splunk Inc
SPLK
| $321M | 0.06% |
1,709,204
-56,037
| -3% | -$11.2M |
|
287
Akamai
AKAM
$17.8B
| $319M | 0.06% |
2,894,191
+70,627
| +3% | +$7.84M |
|
|
CTXS
288
DELISTED
Citrix Systems Inc
CTXS
| $318M | 0.06% |
2,312,079
+233,993
| +11% | +$33.4M |
|
289
Tyson Foods
TSN
$20.5B
| $316M | 0.06% |
5,323,651
+21,099
| +0.4% | +$1.3M |
|
290
Take-Two Interactive
TTWO
$43.9B
| $314M | 0.06% |
1,906,743
+29,771
| +2% | +$4.84M |
|
291
Corpay
CPAY
$25.8B
| $314M | 0.06% |
1,319,109
+10,177
| +0.8% | +$2.51M |
|
292
Delta Air Lines
DAL
$61.3B
| $312M | 0.06% |
10,213,406
+699,244
| +7% | +$20.2M |
|
293
Match Group
MTCH
$8.9B
| $310M | 0.06% |
2,807,499
+308,919
| +12% | +$32.7M |
|
294
LyondellBasell Industries
LYB
$19.1B
| $310M | 0.06% |
4,393,738
-10,457
| -0.2% | -$723K |
|
|
MXIM
295
DELISTED
Maxim Integrated Products
MXIM
| $309M | 0.06% |
4,570,447
-522,515
| -10% | -$35.4M |
|
296
Kraft Heinz
KHC
$30.5B
| $308M | 0.06% |
10,308,984
+226,697
| +2% | +$7.55M |
|
297
Marathon Petroleum
MPC
$83.6B
| $305M | 0.06% |
10,415,162
-265,755
| -2% | -$9.34M |
|
298
Fortinet
FTNT
$120B
| $305M | 0.06% |
12,951,895
+90,850
| +0.7% | +$2.35M |
|
299
Edison International
EIX
$26.3B
| $304M | 0.06% |
5,991,455
+42,962
| +0.7% | +$2.29M |
|
300
Keysight
KEYS
$57.4B
| $303M | 0.06% |
3,068,196
+17,696
| +0.6% | +$1.74M |
|
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.