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 | |
|---|---|---|---|---|---|---|
1226
OneMain Financial
OMF
$7.47B
| $30.2M | 0.01% |
966,788
+29,817
| +3% | +$849K |
|
1227
Commault Systems
CVLT
$5.61B
| $30.2M | 0.01% |
739,748
+9,150
| +1% | +$376K |
|
1228
Bank OZK
OZK
$5.61B
| $30.2M | 0.01% |
1,415,518
-74,459
| -5% | -$1.73M |
|
1229
CONMED
CNMD
$1.47B
| $30.2M | 0.01% |
383,341
-11,576
| -3% | -$944K |
|
1230
CGI
GIB
$15.5B
| $30.1M | 0.01% |
444,826
-3,437
| -0.8% | -$234K |
|
1231
J&J Snack Foods
JJSF
$1.71B
| $30M | 0.01% |
230,227
-9,373
| -4% | -$1.22M |
|
1232
Hamilton Lane
HLNE
$5.57B
| $29.9M | 0.01% |
462,801
+55,221
| +14% | +$3.78M |
|
1233
Plexus
PLXS
$7.23B
| $29.8M | 0.01% |
421,712
-11,592
| -3% | -$850K |
|
1234
CNX Resources
CNX
$5.2B
| $29.8M | 0.01% |
3,154,258
+459,038
| +17% | +$4.68M |
|
1235
Axsome Therapeutics
AXSM
$10.9B
| $29.8M | 0.01% |
417,556
-8,333
| -2% | -$649K |
|
|
UNIT
1236
Uniti Group
UNIT
$2.32B
| $29.7M | 0.01% |
2,821,830
-38,838
| -1% | -$376K |
|
|
AGR
1237
DELISTED
Avangrid, Inc.
AGR
| $29.7M | 0.01% |
589,133
-13,846
| -2% | -$666K |
|
|
TRTN
1238
DELISTED
Triton International Limited
TRTN
| $29.7M | 0.01% |
729,837
+18,006
| +3% | +$616K |
|
1239
Vishay Intertechnology
VSH
$5.43B
| $29.6M | 0.01% |
1,901,584
-40,443
| -2% | -$642K |
|
1240
Sprouts Farmers Market
SFM
$8.01B
| $29.6M | 0.01% |
1,412,521
-25,425
| -2% | -$609K |
|
1241
Ovintiv
OVV
$16.4B
| $29.5M | 0.01% |
3,618,601
-103,338
| -3% | -$1.07M |
|
|
ELME
1242
Elme Communities
ELME
$144M
| $29.5M | 0.01% |
1,466,803
-25,484
| -2% | -$556K |
|
1243
Old National Bancorp
ONB
$10.2B
| $29.5M | 0.01% |
2,349,428
-162,882
| -6% | -$2.24M |
|
1244
Arcosa
ACA
$7.11B
| $29.5M | 0.01% |
668,876
-19,712
| -3% | -$866K |
|
1245
Glaukos
GKOS
$10.6B
| $29.3M | 0.01% |
592,258
+17,005
| +3% | +$747K |
|
1246
Integer Holdings
ITGR
$4.26B
| $29.3M | 0.01% |
495,823
-11,367
| -2% | -$759K |
|
|
UMPQ
1247
DELISTED
Umpqua Holdings Corp
UMPQ
| $29.3M | 0.01% |
2,754,441
-50,016
| -2% | -$552K |
|
|
DNB
1248
DELISTED
Dun & Bradstreet
DNB
| $29.2M | 0.01% |
+1,138,380
| New | +$28.9M |
|
1249
Brady Corp
BRC
$4.57B
| $29.2M | 0.01% |
728,643
-1,855
| -0.3% | -$85K |
|
1250
Avnet
AVT
$7.92B
| $29.2M | 0.01% |
1,128,440
-147,808
| -12% | -$4.01M |
|
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.