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 | |
|---|---|---|---|---|---|---|
1001
Hawaiian Electric Industries
HE
$2.16B
| $43.1M | 0.01% |
1,297,432
-35,622
| -3% | -$1.25M |
|
1002
SPS Commerce
SPSC
$2.63B
| $42.7M | 0.01% |
548,453
-15,666
| -3% | -$1.19M |
|
1003
TechnipFMC
FTI
$27.2B
| $42.6M | 0.01% |
9,086,733
+1,155,139
| +15% | +$6.49M |
|
1004
Envista
NVST
$4.54B
| $42.6M | 0.01% |
1,724,970
+13,800
| +0.8% | +$318K |
|
|
ALE
1005
DELISTED
Allete
ALE
| $42.5M | 0.01% |
821,905
-26,808
| -3% | -$1.49M |
|
|
BMCH
1006
DELISTED
BMC Stock Holdings, Inc
BMCH
| $42.5M | 0.01% |
992,735
-40,877
| -4% | -$1.35M |
|
1007
The Ensign Group
ENSG
$10.7B
| $42.2M | 0.01% |
739,534
-18,890
| -2% | -$976K |
|
1008
Valley National Bancorp
VLY
$8.03B
| $42M | 0.01% |
6,138,726
+46,492
| +0.8% | +$345K |
|
1009
Twist Bioscience
TWST
$7.21B
| $42M | 0.01% |
552,607
+91,578
| +20% | +$5.7M |
|
1010
ICU Medical
ICUI
$4.56B
| $41.8M | 0.01% |
228,963
-6,939
| -3% | -$1.31M |
|
1011
Ashland
ASH
$3.35B
| $41.8M | 0.01% |
589,873
-91,099
| -13% | -$6.75M |
|
1012
Autoliv
ALV
$9.03B
| $41.8M | 0.01% |
574,189
-105,649
| -16% | -$7.5M |
|
1013
WD-40
WDFC
$3.17B
| $41.7M | 0.01% |
220,168
-11,333
| -5% | -$2.22M |
|
1014
Pacira BioSciences
PCRX
$1B
| $41.5M | 0.01% |
690,736
-13,826
| -2% | -$803K |
|
|
MNDT
1015
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $41.5M | 0.01% |
3,358,774
+736,989
| +28% | +$10.1M |
|
|
TCF
1016
DELISTED
TCF Financial Corporation Common Stock
TCF
| $41.4M | 0.01% |
1,773,481
-75,968
| -4% | -$2.03M |
|
1017
Fortis
FTS
$28.6B
| $41.4M | 0.01% |
979,589
-42,009
| -4% | -$1.68M |
|
1018
WillScot Mobile Mini Holdings
WSC
$4.56B
| $41.4M | 0.01% |
2,482,654
+91,615
| +4% | +$1.46M |
|
1019
Digital Turbine
APPS
$1.71B
| $41.4M | 0.01% |
1,263,413
-23,793
| -2% | -$512K |
|
1020
Interactive Brokers
IBKR
$39.3B
| $41.1M | 0.01% |
3,404,484
-318,508
| -9% | -$3.97M |
|
|
BLUE
1021
DELISTED
bluebird bio
BLUE
| $41.1M | 0.01% |
58,826
-384
| -0.6% | -$299K |
|
1022
Qiagen
QGEN
$8.74B
| $41.1M | 0.01% |
741,839
+15,613
| +2% | +$810K |
|
|
AJRD
1023
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $41.1M | 0.01% |
1,030,320
-1,481
| -0.1% | -$59.9K |
|
1024
Community Bank
CBU
$3.42B
| $41M | 0.01% |
753,610
+18,430
| +3% | +$1.06M |
|
|
CCXI
1025
DELISTED
ChemoCentryx, Inc.
CCXI
| $41M | 0.01% |
748,109
+39,278
| +6% | +$2.11M |
|
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.