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 | |
|---|---|---|---|---|---|---|
|
WCC
1251
WESCO International
WCC
$17.7B
| $29M | 0.01% |
658,177
-45,632
| -6% | -$1.95M |
|
1252
FormFactor
FORM
$9.17B
| $28.9M | 0.01% |
1,161,137
-21,148
| -2% | -$590K |
|
1253
Brighthouse Financial
BHF
$3.49B
| $28.9M | 0.01% |
1,075,524
-243,878
| -18% | -$7.08M |
|
1254
Wolverine World Wide
WWW
$1.55B
| $28.8M | 0.01% |
1,116,359
-33,101
| -3% | -$809K |
|
|
PACW
1255
DELISTED
PacWest Bancorp
PACW
| $28.8M | 0.01% |
1,677,521
+35,772
| +2% | +$664K |
|
1256
Brink's
BCO
$4.62B
| $28.8M | 0.01% |
700,761
-28,913
| -4% | -$1.27M |
|
1257
Choice Hotels
CHH
$4.8B
| $28.8M | 0.01% |
334,855
-49,703
| -13% | -$4.48M |
|
1258
Madison Square Garden
MSGS
$9.39B
| $28.8M | 0.01% |
191,083
-5,891
| -3% | -$925K |
|
1259
Open Text
OTEX
$6.04B
| $28.8M | 0.01% |
681,391
+12,594
| +2% | +$551K |
|
1260
Visteon
VC
$2.78B
| $28.8M | 0.01% |
415,356
-13,538
| -3% | -$1M |
|
1261
Crane NXT
CXT
$3.07B
| $28.7M | 0.01% |
1,649,270
-190,399
| -10% | -$3.76M |
|
1262
Asbury Automotive
ABG
$3.85B
| $28.7M | 0.01% |
294,290
+7,605
| +3% | +$768K |
|
1263
Capri Holdings
CPRI
$1.74B
| $28.6M | 0.01% |
1,590,611
-290,364
| -15% | -$4.92M |
|
1264
Ingevity
NGVT
$2.68B
| $28.6M | 0.01% |
578,879
-10,578
| -2% | -$597K |
|
|
MANT
1265
DELISTED
Mantech International Corp
MANT
| $28.5M | 0.01% |
414,427
-11,488
| -3% | -$812K |
|
1266
Valmont Industries
VMI
$9.53B
| $28.5M | 0.01% |
229,744
-14,185
| -6% | -$1.74M |
|
|
JHG
1267
DELISTED
Janus Henderson
JHG
| $28.4M | 0.01% |
1,309,707
-118,865
| -8% | -$2.47M |
|
1268
Bankunited
BKU
$3.36B
| $28.4M | 0.01% |
1,298,237
-14,208
| -1% | -$301K |
|
|
VSLR
1269
DELISTED
VIVINT SOLAR, INC.
VSLR
| $28.4M | 0.01% |
671,219
+14,910
| +2% | +$384K |
|
1270
Chewy
CHWY
$9.63B
| $28.4M | 0.01% |
518,262
+96,278
| +23% | +$5.2M |
|
1271
ESCO Technologies
ESE
$7.92B
| $28.2M | 0.01% |
350,643
-14,739
| -4% | -$1.27M |
|
1272
Outfront Media
OUT
$5.49B
| $28.2M | 0.01% |
1,969,737
-76,344
| -4% | -$1.14M |
|
1273
Restaurant Brands International
QSR
$25.8B
| $28.2M | 0.01% |
492,409
+10,728
| +2% | +$598K |
|
|
STAY
1274
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $28.2M | 0.01% |
2,358,770
-265,579
| -10% | -$3.18M |
|
|
SVC
1275
Service Properties Trust
SVC
$1.07B
| $28.2M | 0.01% |
708,759
+6,626
| +0.9% | +$252K |
|
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.