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 | |
|---|---|---|---|---|---|---|
1276
SPX Corp
SPXC
$10.8B
| $28.1M | 0.01% |
604,993
-20,642
| -3% | -$870K |
|
|
ILPT
1277
Industrial Logistics Properties Trust
ILPT
$586M
| $28.1M | 0.01% |
1,282,876
+33,012
| +3% | +$703K |
|
1278
Cardlytics
CDLX
$21.5M
| $28.1M | 0.01% |
39,749
+3,952
| +11% | +$2.87M |
|
|
AQUA
1279
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $28M | 0.01% |
1,320,321
+151,812
| +13% | +$3.03M |
|
1280
Ambarella
AMBA
$3.81B
| $27.9M | 0.01% |
534,986
+7,467
| +1% | +$361K |
|
1281
Simply Good Foods
SMPL
$982M
| $27.9M | 0.01% |
1,265,449
-21,945
| -2% | -$510K |
|
1282
Howard Hughes
HHH
$4.03B
| $27.9M | 0.01% |
507,752
-24,890
| -5% | -$1.33M |
|
1283
Compass Minerals
CMP
$1.15B
| $27.9M | 0.01% |
469,486
-19,582
| -4% | -$1.08M |
|
|
BDN
1284
Brandywine Realty Trust
BDN
$554M
| $27.8M | 0.01% |
2,690,047
+90,173
| +3% | +$975K |
|
1285
Inovio Pharmaceuticals
INO
$69M
| $27.8M | 0.01% |
199,621
+17,753
| +10% | +$3.7M |
|
|
BBBY
1286
DELISTED
Bed Bath & Beyond Inc
BBBY
| $27.7M | 0.01% |
1,848,545
-63,601
| -3% | -$735K |
|
|
AEL
1287
DELISTED
American Equity Investment Life Holding Company
AEL
| $27.7M | 0.01% |
1,258,988
-34,513
| -3% | -$824K |
|
1288
Teradata
TDC
$2.55B
| $27.6M | 0.01% |
1,215,070
+26,089
| +2% | +$579K |
|
1289
Badger Meter
BMI
$4.03B
| $27.6M | 0.01% |
421,750
-48,713
| -10% | -$3.11M |
|
1290
Medifast
MED
$141M
| $27.6M | 0.01% |
167,564
-4,361
| -3% | -$718K |
|
1291
Progress Software
PRGS
$1.76B
| $27.5M | 0.01% |
749,592
-17,506
| -2% | -$637K |
|
1292
Sanmina
SANM
$10.9B
| $27.4M | 0.01% |
1,013,997
+2,359
| +0.2% | +$64.2K |
|
|
RETA
1293
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $27.4M | 0.01% |
281,322
-26,985
| -9% | -$3.37M |
|
1294
iShares MSCI India ETF
INDA
$6.63B
| – | – |
0
| – | – |
|
1295
Wintrust Financial
WTFC
$10.7B
| $27.3M | 0.01% |
681,479
-28,371
| -4% | -$1.21M |
|
|
MGLN
1296
DELISTED
Magellan Health Services, Inc.
MGLN
| $27.2M | 0.01% |
359,317
-4,075
| -1% | -$303K |
|
|
XEC
1297
DELISTED
CIMAREX ENERGY CO
XEC
| $27.2M | 0.01% |
1,119,100
-43,567
| -4% | -$1.15M |
|
|
OPLN
1298
Openlane
OPLN
$4.54B
| $27.2M | 0.01% |
1,890,362
-274,749
| -13% | -$4.29M |
|
|
TWOU
1299
DELISTED
2U Inc
TWOU
| $27.2M | 0.01% |
26,764
+1,464
| +6% | +$1.74M |
|
|
RCM
1300
DELISTED
R1 RCM Inc. Common Stock
RCM
| $27.2M | 0.01% |
1,583,999
+33,946
| +2% | +$496K |
|
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.