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 | |
|---|---|---|---|---|---|---|
926
Snowflake
SNOW
$110B
| $48.9M | 0.01% |
+195,170
| New | +$46.5M |
|
|
SAIL
927
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $48.9M | 0.01% |
1,235,700
+9,792
| +0.8% | +$340K |
|
|
FLG
928
Flagstar Bank National Association
FLG
$5.9B
| $48.9M | 0.01% |
1,969,162
-13,167
| -0.7% | -$376K |
|
|
SGI
929
Somnigroup International
SGI
$13.6B
| $48.8M | 0.01% |
2,190,036
+115,192
| +6% | +$2.38M |
|
930
Insmed
INSM
$28.9B
| $48.6M | 0.01% |
1,511,238
-21,121
| -1% | -$607K |
|
931
Inspire Medical Systems
INSP
$1.7B
| $48.6M | 0.01% |
376,369
+84,353
| +29% | +$9.3M |
|
932
Travel + Leisure Co
TNL
$4.74B
| $48.4M | 0.01% |
1,572,384
+434,271
| +38% | +$13M |
|
933
Black Hills Corp
BKH
$5.54B
| $48.4M | 0.01% |
904,005
-15,416
| -2% | -$880K |
|
|
PSB
934
DELISTED
PS Business Parks, Inc.
PSB
| $48.3M | 0.01% |
395,026
-18,990
| -5% | -$2.45M |
|
|
MDC
935
DELISTED
M.D.C. Holdings, Inc.
MDC
| $48.3M | 0.01% |
1,106,553
+269,801
| +32% | +$10.8M |
|
936
Louisiana-Pacific
LPX
$5.31B
| $48.2M | 0.01% |
1,633,285
+17,966
| +1% | +$552K |
|
937
Yeti Holdings
YETI
$3.93B
| $48.2M | 0.01% |
1,063,099
+64,019
| +6% | +$3.03M |
|
938
Saia
SAIA
$9.65B
| $48M | 0.01% |
380,857
-10,301
| -3% | -$1.31M |
|
939
AutoNation
AN
$6.99B
| $47.9M | 0.01% |
905,145
+58,026
| +7% | +$3.02M |
|
|
MNTA
940
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $47.8M | 0.01% |
910,419
-916,074
| -50% | -$37.9M |
|
941
Dick's Sporting Goods
DKS
$17.8B
| $47.8M | 0.01% |
825,112
+4,046
| +0.5% | +$197K |
|
942
Adaptive Biotechnologies
ADPT
$3.75B
| $47.7M | 0.01% |
980,810
+444,678
| +83% | +$18.7M |
|
943
Nutanix
NTNX
$16.3B
| $47.5M | 0.01% |
2,142,005
+194,016
| +10% | +$4.43M |
|
944
Haemonetics
HAE
$3.87B
| $47.5M | 0.01% |
544,140
-64,238
| -11% | -$5.61M |
|
945
Hecla Mining
HL
$10.7B
| $47.3M | 0.01% |
9,313,633
+1,656,950
| +22% | +$8.76M |
|
946
LiveRamp
RAMP
$2.3B
| $47.2M | 0.01% |
911,897
-28,279
| -3% | -$1.41M |
|
947
Blackstone Mortgage Trust
BXMT
$2.33B
| $47.1M | 0.01% |
2,134,739
-152,247
| -7% | -$3.57M |
|
948
Advanced Drainage Systems
WMS
$11.4B
| $47M | 0.01% |
753,432
-199
| -0% | -$10.8K |
|
949
Mattel
MAT
$4.21B
| $47M | 0.01% |
4,019,674
-153,928
| -4% | -$1.71M |
|
|
TPTX
950
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $47M | 0.01% |
537,720
+166,837
| +45% | +$11.6M |
|
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.