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 | |
|---|---|---|---|---|---|---|
701
Ciena
CIEN
$57.2B
| $77.9M | 0.02% |
1,961,585
-85,289
| -4% | -$4.49M |
|
702
Erie Indemnity
ERIE
$13.3B
| $77.5M | 0.02% |
368,891
+38,541
| +12% | +$8.09M |
|
|
IAA
703
DELISTED
IAA, Inc. Common Stock
IAA
| $77.1M | 0.02% |
1,481,237
-24,751
| -2% | -$1.15M |
|
|
NVTA
704
DELISTED
Invitae Corporation
NVTA
| $76.9M | 0.02% |
1,773,973
+98,180
| +6% | +$3.35M |
|
705
Tapestry
TPR
$32.7B
| $76.9M | 0.02% |
4,924,554
+186,893
| +4% | +$2.75M |
|
706
First Industrial Realty Trust
FR
$8.4B
| $76.8M | 0.02% |
1,930,733
-8,972
| -0.5% | -$370K |
|
707
Casey's General Stores
CASY
$30.8B
| $76.8M | 0.02% |
432,425
-17,048
| -4% | -$2.88M |
|
|
HR
708
DELISTED
Healthcare Realty Trust Incorporated
HR
| $76.6M | 0.02% |
2,542,057
+9,786
| +0.4% | +$282K |
|
709
Alaska Air
ALK
$5.66B
| $76.2M | 0.01% |
2,083,734
-22,549
| -1% | -$845K |
|
|
BPMC
710
DELISTED
Blueprint Medicines
BPMC
| $76.1M | 0.01% |
820,698
-2,606
| -0.3% | -$201K |
|
711
Simpson Manufacturing
SSD
$7.96B
| $75.8M | 0.01% |
780,030
+126,900
| +19% | +$12M |
|
712
Helen of Troy
HELE
$671M
| $75.6M | 0.01% |
390,567
-9,561
| -2% | -$1.9M |
|
713
Ionis Pharmaceuticals
IONS
$9.06B
| $75.4M | 0.01% |
1,590,294
+56,509
| +4% | +$3.14M |
|
714
Reinsurance Group of America
RGA
$15.5B
| $75.2M | 0.01% |
791,220
-40,829
| -5% | -$3.67M |
|
715
TD Synnex
SNX
$20.7B
| $74.5M | 0.01% |
1,064,230
-43,554
| -4% | -$2.74M |
|
|
PRAH
716
DELISTED
PRA Health Sciences, Inc.
PRAH
| $74.4M | 0.01% |
733,792
-30,139
| -4% | -$3.07M |
|
717
Meritage Homes
MTH
$4.71B
| $74.4M | 0.01% |
1,347,960
+294,212
| +28% | +$14.1M |
|
718
PVH
PVH
$3.99B
| $74.2M | 0.01% |
1,245,722
-5,556
| -0.4% | -$306K |
|
719
SiteOne Landscape Supply
SITE
$4.3B
| $74.1M | 0.01% |
608,026
+17,668
| +3% | +$2.12M |
|
720
Lithia Motors
LAD
$8.26B
| $74.1M | 0.01% |
325,020
+2,995
| +0.9% | +$674K |
|
721
TC Energy
TRP
$66.6B
| $74M | 0.01% |
1,745,785
+41,554
| +2% | +$1.9M |
|
|
LSXMK
722
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $74M | 0.01% |
2,891,796
+53,628
| +2% | +$1.45M |
|
723
Lear
LEA
$7.93B
| $74M | 0.01% |
679,447
-33,663
| -5% | -$3.84M |
|
|
NATI
724
DELISTED
National Instruments Corp
NATI
| $73.9M | 0.01% |
2,070,653
+44,012
| +2% | +$1.6M |
|
725
Wingstop
WING
$3.18B
| $73.2M | 0.01% |
534,041
+60,513
| +13% | +$8.89M |
|
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.