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 | |
|---|---|---|---|---|---|---|
1201
Under Armour Class C
UA
$2.53B
| $31M | 0.01% |
3,150,783
+4,870
| +0.2% | +$45.7K |
|
|
TCO
1202
DELISTED
Taubman Centers Inc.
TCO
| $30.9M | 0.01% |
929,533
-5,924
| -0.6% | -$221K |
|
|
ESGR
1203
DELISTED
Enstar Group
ESGR
| $30.9M | 0.01% |
191,379
-17,925
| -9% | -$3.05M |
|
|
REGI
1204
DELISTED
Renewable Energy Group, Inc.
REGI
| $30.9M | 0.01% |
578,358
+5,192
| +0.9% | +$182K |
|
|
IRBT
1205
DELISTED
iRobot
IRBT
| $30.8M | 0.01% |
406,073
-7,240
| -2% | -$558K |
|
1206
NCR Voyix
VYX
$1.14B
| $30.8M | 0.01% |
2,268,931
-106,334
| -4% | -$1.26M |
|
1207
News Corp Class B
NWS
$17.5B
| $30.8M | 0.01% |
2,205,551
-2,015
| -0.1% | -$28.1K |
|
1208
CVB Financial
CVBF
$3.99B
| $30.8M | 0.01% |
1,851,216
-93,476
| -5% | -$1.67M |
|
1209
Evercore
EVR
$11.8B
| $30.7M | 0.01% |
468,662
-25,032
| -5% | -$1.52M |
|
|
SILK
1210
DELISTED
Silk Road Medical, Inc. Common Stock
SILK
| $30.7M | 0.01% |
456,262
+128,620
| +39% | +$7.02M |
|
1211
Credicorp
BAP
$30.7B
| $30.6M | 0.01% |
248,293
+11,257
| +5% | +$1.45M |
|
|
PE
1212
DELISTED
PARSLEY ENERGY INC
PE
| $30.6M | 0.01% |
3,269,805
-204,980
| -6% | -$2.19M |
|
1213
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| – | – |
0
| – | – |
|
1214
AstraZeneca
AZN
$250B
| $30.6M | 0.01% |
278,772
+182,526
| +190% | +$20.3M |
|
|
UNVR
1215
DELISTED
Univar Solutions Inc.
UNVR
| $30.5M | 0.01% |
1,808,686
+128,353
| +8% | +$2.27M |
|
1216
California Water Service
CWT
$3.12B
| $30.5M | 0.01% |
701,924
-11,474
| -2% | -$534K |
|
|
NAV
1217
DELISTED
Navistar International
NAV
| $30.5M | 0.01% |
700,079
-135,086
| -16% | -$4.63M |
|
|
NEWR
1218
DELISTED
New Relic, Inc.
NEWR
| $30.5M | 0.01% |
540,739
-17,065
| -3% | -$1.04M |
|
1219
MillerKnoll
MLKN
$1.67B
| $30.4M | 0.01% |
1,009,179
+1,022
| +0.1% | +$25.3K |
|
|
INOV
1220
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $30.4M | 0.01% |
1,150,359
-34,977
| -3% | -$819K |
|
1221
Alkermes
ALKS
$8.25B
| $30.4M | 0.01% |
1,834,976
-74,305
| -4% | -$1.35M |
|
1222
Acadia Healthcare
ACHC
$2.94B
| $30.4M | 0.01% |
1,031,282
-37,750
| -4% | -$1.1M |
|
1223
Brinker International
EAT
$9.66B
| $30.4M | 0.01% |
711,102
-5,743
| -0.8% | -$200K |
|
1224
Pebblebrook Hotel Trust
PEB
$2.05B
| $30.4M | 0.01% |
2,423,217
+3,421
| +0.1% | +$41K |
|
1225
Alcoa
AA
$13.2B
| $30.3M | 0.01% |
2,602,043
-45,055
| -2% | -$605K |
|
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.