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 | |
|---|---|---|---|---|---|---|
1126
Nektar Therapeutics
NKTR
$2.58B
| $34.6M | 0.01% |
138,956
-4,919
| -3% | -$1.55M |
|
|
VG
1127
DELISTED
Vonage Holdings Corporation
VG
| $34.5M | 0.01% |
3,371,991
-67,739
| -2% | -$751K |
|
1128
Home BancShares
HOMB
$6.18B
| $34.5M | 0.01% |
2,274,768
-58,805
| -3% | -$946K |
|
1129
Four Corners Property Trust
FCPT
$2.75B
| $34.5M | 0.01% |
1,346,522
+16,316
| +1% | +$403K |
|
1130
Appian
APPN
$2.54B
| $34.5M | 0.01% |
532,083
+27,728
| +5% | +$1.5M |
|
1131
Suncor Energy
SU
$70.3B
| $34.4M | 0.01% |
2,786,175
+55,406
| +2% | +$867K |
|
1132
Evertec
EVTC
$1.78B
| $34.3M | 0.01% |
989,583
-29,821
| -3% | -$959K |
|
1133
Apple Hospitality REIT
APLE
$3.82B
| $34.3M | 0.01% |
3,573,633
-129,351
| -3% | -$1.25M |
|
1134
Kratos Defense & Security Solutions
KTOS
$11.4B
| $34.3M | 0.01% |
1,780,234
+205,128
| +13% | +$3.79M |
|
1135
Workiva
WK
$3.54B
| $34.3M | 0.01% |
614,684
+45,859
| +8% | +$2.55M |
|
1136
AppFolio
APPF
$7.04B
| $34.2M | 0.01% |
241,332
+972
| +0.4% | +$150K |
|
1137
UMB Financial
UMBF
$11.1B
| $34.2M | 0.01% |
697,554
+9,733
| +1% | +$491K |
|
|
SWAV
1138
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $34.1M | 0.01% |
449,415
+181,457
| +68% | +$10.3M |
|
|
SEM
1139
DELISTED
Select Medical
SEM
| $33.9M | 0.01% |
3,025,228
-61,276
| -2% | -$603K |
|
1140
Essential Properties Realty Trust
EPRT
$6.62B
| $33.9M | 0.01% |
1,850,650
+134,643
| +8% | +$2.28M |
|
1141
Enovis
ENOV
$1.53B
| $33.9M | 0.01% |
627,296
+34,765
| +6% | +$1.91M |
|
1142
Avista
AVA
$3.24B
| $33.8M | 0.01% |
991,299
-21,133
| -2% | -$765K |
|
1143
ABM Industries
ABM
$2.84B
| $33.8M | 0.01% |
921,462
-33,080
| -3% | -$1.21M |
|
1144
Hain Celestial
HAIN
$53.7M
| $33.8M | 0.01% |
984,575
+2,594
| +0.3% | +$85.9K |
|
1145
H&R Block
HRB
$5.86B
| $33.8M | 0.01% |
2,072,773
-1,240,504
| -37% | -$18.2M |
|
|
CSOD
1146
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $33.7M | 0.01% |
927,425
+2,387
| +0.3% | +$85.9K |
|
1147
Kennametal
KMT
$2.52B
| $33.7M | 0.01% |
1,164,733
-29,394
| -2% | -$852K |
|
1148
MGE Energy Inc
MGEE
$3.08B
| $33.4M | 0.01% |
533,577
-2,493
| -0.5% | -$162K |
|
1149
MasTec
MTZ
$21.9B
| $33.4M | 0.01% |
792,135
-63,507
| -7% | -$2.73M |
|
1150
Shenandoah Telecom
SHEN
$746M
| $33.4M | 0.01% |
751,635
+8,871
| +1% | +$452K |
|
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.