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 | |
|---|---|---|---|---|---|---|
|
TGNA
1076
DELISTED
TEGNA Inc
TGNA
| $37.7M | 0.01% |
3,208,836
-123,727
| -4% | -$1.47M |
|
1077
AMN Healthcare
AMN
$1.4B
| $37.6M | 0.01% |
643,459
-18,366
| -3% | -$967K |
|
1078
Diodes
DIOD
$4.84B
| $37.6M | 0.01% |
666,212
-17,386
| -3% | -$880K |
|
1079
Chemours
CC
$2.37B
| $37.6M | 0.01% |
1,798,321
-76,122
| -4% | -$1.47M |
|
|
GTLS
1080
DELISTED
Chart Industries
GTLS
| $37.6M | 0.01% |
534,998
-12,634
| -2% | -$821K |
|
1081
Aaon
AAON
$7.77B
| $37.6M | 0.01% |
935,495
-27,964
| -3% | -$1.07M |
|
1082
Silgan Holdings
SLGN
$4.41B
| $37.5M | 0.01% |
1,021,091
+3,454
| +0.3% | +$127K |
|
1083
Stepan Co
SCL
$1.48B
| $37.5M | 0.01% |
343,687
+828
| +0.2% | +$90.6K |
|
1084
Rithm Capital
RITM
$5.69B
| $37.4M | 0.01% |
4,706,407
-302,227
| -6% | -$2.33M |
|
1085
Avient
AVNT
$4.19B
| $37.1M | 0.01% |
1,402,415
-53,505
| -4% | -$1.4M |
|
1086
NorthWestern Energy
NWE
$4.43B
| $37.1M | 0.01% |
762,030
-24,261
| -3% | -$1.29M |
|
1087
Artisan Partners
APAM
$3.02B
| $36.9M | 0.01% |
946,790
-9,086
| -1% | -$333K |
|
1088
MGIC Investment
MTG
$6.25B
| $36.8M | 0.01% |
4,158,764
+58,953
| +1% | +$502K |
|
1089
New Jersey Resources
NJR
$5.58B
| $36.8M | 0.01% |
1,363,209
-51,526
| -4% | -$1.57M |
|
|
NUVA
1090
DELISTED
NuVasive, Inc.
NUVA
| $36.8M | 0.01% |
757,844
-17,614
| -2% | -$949K |
|
|
LSXMA
1091
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $36.8M | 0.01% |
1,510,926
-120,189
| -7% | -$3.09M |
|
1092
Alarm.com
ALRM
$2.85B
| $36.8M | 0.01% |
665,772
+13,039
| +2% | +$806K |
|
|
SAGE
1093
DELISTED
Sage Therapeutics
SAGE
| $36.8M | 0.01% |
601,400
-19,000
| -3% | -$963K |
|
1094
Casella Waste Systems
CWST
$5.69B
| $36.7M | 0.01% |
657,398
-16,270
| -2% | -$890K |
|
1095
Grocery Outlet
GO
$980M
| $36.7M | 0.01% |
932,316
+134,178
| +17% | +$5.53M |
|
1096
PennyMac Financial
PFSI
$4.02B
| $36.4M | 0.01% |
627,148
-44,811
| -7% | -$2.22M |
|
1097
Carlyle Group
CG
$17.2B
| $36.4M | 0.01% |
1,478,911
-50,152
| -3% | -$1.35M |
|
1098
TriNet
TNET
$3.14B
| $36.4M | 0.01% |
614,369
-34,845
| -5% | -$2.24M |
|
1099
LCI Industries
LCII
$2.65B
| $36.4M | 0.01% |
342,033
-12,837
| -4% | -$1.49M |
|
1100
Armstrong World Industries
AWI
$7.84B
| $36.3M | 0.01% |
528,253
-17,929
| -3% | -$1.31M |
|
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.