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 | |
|---|---|---|---|---|---|---|
|
COUP
401
DELISTED
Coupa Software Incorporated
COUP
| $201M | 0.04% |
732,697
-19,480
| -3% | -$5.68M |
|
402
Pool Corp
POOL
$7.31B
| $201M | 0.04% |
599,824
+69,815
| +13% | +$21.6M |
|
403
Regions Financial
RF
$26.8B
| $200M | 0.04% |
17,396,257
-13,656
| -0.1% | -$152K |
|
|
IMMU
404
DELISTED
Immunomedics Inc
IMMU
| $200M | 0.04% |
2,352,580
-149,602
| -6% | -$7.57M |
|
405
Sun Communities
SUI
$14.7B
| $199M | 0.04% |
1,419,550
-3,464
| -0.2% | -$497K |
|
406
Wayfair
W
$14.3B
| $198M | 0.04% |
682,667
-11,544
| -2% | -$3.16M |
|
407
Jacobs Solutions
J
$16.9B
| $198M | 0.04% |
2,591,063
+7,405
| +0.3% | +$541K |
|
408
Hewlett Packard
HPE
$69.4B
| $198M | 0.04% |
21,121,076
-138,087
| -0.6% | -$1.32M |
|
409
Whirlpool
WHR
$2.8B
| $195M | 0.04% |
1,064,605
+35,167
| +3% | +$5.84M |
|
410
Omnicom Group
OMC
$22.6B
| $195M | 0.04% |
3,944,345
+59,180
| +2% | +$3.17M |
|
411
KeyCorp
KEY
$24.3B
| $195M | 0.04% |
16,343,801
+14,554
| +0.1% | +$177K |
|
412
Cincinnati Financial
CINF
$27.5B
| $194M | 0.04% |
2,499,434
-1,731
| -0.1% | -$134K |
|
413
Peloton Interactive
PTON
$2.38B
| $194M | 0.04% |
1,960,959
+1,318,961
| +205% | +$97M |
|
414
UDR
UDR
$12.3B
| $193M | 0.04% |
5,928,722
+146,991
| +3% | +$5.16M |
|
415
Waters Corp
WAT
$39.2B
| $193M | 0.04% |
988,382
+13,442
| +1% | +$2.79M |
|
416
Evergy
EVRG
$19.1B
| $192M | 0.04% |
3,776,680
+31,540
| +0.8% | +$1.76M |
|
417
Citizens Financial Group
CFG
$30.5B
| $191M | 0.04% |
7,581,066
+567,890
| +8% | +$14.4M |
|
418
Western Digital
WDC
$156B
| $191M | 0.04% |
6,935,330
+41,835
| +0.6% | +$1.24M |
|
419
Atmos Energy
ATO
$28.7B
| $190M | 0.04% |
1,996,903
+26,561
| +1% | +$2.65M |
|
420
Zillow
Z
$7.65B
| $190M | 0.04% |
1,874,404
+74,780
| +4% | +$5.84M |
|
421
Leidos
LDOS
$17B
| $190M | 0.04% |
2,135,514
-2,142
| -0.1% | -$194K |
|
422
Shopify
SHOP
$191B
| $189M | 0.04% |
1,854,630
+101,420
| +6% | +$10.1M |
|
423
Lumen
LUMN
$6.09B
| $186M | 0.04% |
18,465,248
+432,112
| +2% | +$4.49M |
|
|
ETFC
424
DELISTED
E*Trade Financial Corporation
ETFC
| $186M | 0.04% |
3,721,827
+17,604
| +0.5% | +$918K |
|
425
Datadog
DDOG
$81.6B
| $186M | 0.04% |
1,820,174
+1,063,434
| +141% | +$92.6M |
|
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.