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 | |
|---|---|---|---|---|---|---|
1376
Pacific Biosciences
PACB
$368M
| $24.8M | ﹤0.01% |
2,508,364
+287,765
| +13% | +$1.66M |
|
1377
Agios Pharmaceuticals
AGIO
$1.93B
| $24.7M | ﹤0.01% |
707,027
-28,626
| -4% | -$1.25M |
|
1378
Spectrum Brands
SPB
$2.07B
| $24.7M | ﹤0.01% |
431,688
-27,652
| -6% | -$1.52M |
|
1379
Macy's
M
$6.68B
| $24.6M | ﹤0.01% |
4,320,032
-169,808
| -4% | -$1.13M |
|
1380
Element Solutions
ESI
$9.23B
| $24.6M | ﹤0.01% |
2,342,331
-124,953
| -5% | -$1.37M |
|
1381
Columbia Banking Systems
COLB
$8.84B
| $24.6M | ﹤0.01% |
1,030,912
-43,639
| -4% | -$1.2M |
|
1382
Boise Cascade
BCC
$3.02B
| $24.6M | ﹤0.01% |
615,660
-22,702
| -4% | -$985K |
|
1383
Pricesmart
PSMT
$5.46B
| $24.6M | ﹤0.01% |
369,528
-4,016
| -1% | -$265K |
|
|
AAWW
1384
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $24.5M | ﹤0.01% |
402,661
-1,907
| -0.5% | -$105K |
|
1385
Opko Health
OPK
$1.02B
| $24.5M | ﹤0.01% |
6,633,708
-44,297
| -0.7% | -$187K |
|
1386
NovaGold Resources
NG
$3.33B
| $24.4M | ﹤0.01% |
2,045,315
-126,795
| -6% | -$1.24M |
|
1387
Healthcare Services Group
HCSG
$1.53B
| $24.4M | ﹤0.01% |
1,133,263
-53,922
| -5% | -$1.26M |
|
1388
B&G Foods
BGS
$286M
| $24.4M | ﹤0.01% |
878,163
-21,931
| -2% | -$613K |
|
1389
Ryder
R
$10.1B
| $24.4M | ﹤0.01% |
577,298
-32,331
| -5% | -$1.31M |
|
|
MNR
1390
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $24.3M | ﹤0.01% |
1,752,053
-8,279
| -0.5% | -$118K |
|
1391
Upbound Group
UPBD
$1.16B
| $24.3M | ﹤0.01% |
811,706
-27,399
| -3% | -$810K |
|
1392
HUB Group
HUBG
$2.92B
| $24.2M | ﹤0.01% |
965,962
-35,484
| -4% | -$918K |
|
1393
BP
BP
$107B
| $24.2M | ﹤0.01% |
1,387,911
+77,702
| +6% | +$1.68M |
|
|
KL
1394
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $24.2M | ﹤0.01% |
488,599
-761
| -0.2% | -$38.1K |
|
|
CIT
1395
DELISTED
CIT Group Inc.
CIT
| $24.1M | ﹤0.01% |
1,362,738
-64,203
| -4% | -$1.23M |
|
1396
Genworth Financial
GNW
$3.71B
| $24.1M | ﹤0.01% |
7,188,570
-65,273
| -0.9% | -$174K |
|
1397
WaFd
WAFD
$2.75B
| $24.1M | ﹤0.01% |
1,154,207
-41,435
| -3% | -$977K |
|
1398
Steven Madden
SHOO
$3.55B
| $24M | ﹤0.01% |
1,232,122
-45,138
| -4% | -$971K |
|
|
ROIC
1399
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $24M | ﹤0.01% |
2,303,833
+52,591
| +2% | +$575K |
|
|
B
1400
DELISTED
Barnes Group Inc.
B
| $23.9M | ﹤0.01% |
669,124
-29,175
| -4% | -$1.11M |
|
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.