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 | |
|---|---|---|---|---|---|---|
1401
Federal Signal
FSS
$7.83B
| $23.9M | ﹤0.01% |
817,567
-44,087
| -5% | -$1.36M |
|
1402
GDS Holdings
GDS
$6.41B
| $23.9M | ﹤0.01% |
293,225
-880
| -0.3% | -$70.5K |
|
|
AIMT
1403
DELISTED
Aimmune Therapeutics
AIMT
| $23.8M | ﹤0.01% |
689,447
+7,659
| +1% | +$163K |
|
1404
Matsons
MATX
$6.18B
| $23.7M | ﹤0.01% |
591,828
-2,509
| -0.4% | -$94.7K |
|
1405
Navient
NAVI
$853M
| $23.7M | ﹤0.01% |
2,806,811
+45,457
| +2% | +$373K |
|
|
CXP
1406
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $23.7M | ﹤0.01% |
2,172,993
-107,627
| -5% | -$1.28M |
|
1407
Kirby Corp
KEX
$6.93B
| $23.7M | ﹤0.01% |
655,109
-67,342
| -9% | -$2.97M |
|
|
RVNC
1408
DELISTED
Revance Therapeutics, Inc.
RVNC
| $23.6M | ﹤0.01% |
940,676
+143,224
| +18% | +$3.76M |
|
1409
Walker & Dunlop
WD
$1.53B
| $23.6M | ﹤0.01% |
445,554
-4,504
| -1% | -$236K |
|
1410
Vicor
VICR
$10.2B
| $23.5M | ﹤0.01% |
302,916
+19,618
| +7% | +$1.56M |
|
1411
Group 1 Automotive
GPI
$3.18B
| $23.5M | ﹤0.01% |
266,184
-9,762
| -4% | -$831K |
|
1412
Magna International
MGA
$18.8B
| $23.5M | ﹤0.01% |
515,805
-252
| -0% | -$12.1K |
|
|
X
1413
DELISTED
US Steel
X
| $23.5M | ﹤0.01% |
3,202,825
+11,221
| +0.4% | +$85K |
|
1414
Liberty Latin America Class C
LILAK
$1.64B
| $23.5M | ﹤0.01% |
3,171,522
+980,219
| +45% | +$7.85M |
|
1415
Texas Capital Bancshares
TCBI
$4.32B
| $23.4M | ﹤0.01% |
752,547
-29,439
| -4% | -$929K |
|
1416
MACOM Technology Solutions
MTSI
$23.7B
| $23.4M | ﹤0.01% |
688,471
-20,921
| -3% | -$760K |
|
|
SYKE
1417
DELISTED
SYKES Enterprises Inc
SYKE
| $23.4M | ﹤0.01% |
683,841
+31,365
| +5% | +$970K |
|
1418
Westlake Corp
WLK
$9.9B
| $23.4M | ﹤0.01% |
369,952
-16,871
| -4% | -$996K |
|
1419
Dycom Industries
DY
$12.3B
| $23.4M | ﹤0.01% |
442,676
-7,178
| -2% | -$348K |
|
1420
O-I Glass
OI
$1.08B
| $23.4M | ﹤0.01% |
2,207,790
-51,871
| -2% | -$554K |
|
1421
Upwork
UPWK
$1.19B
| $23.3M | ﹤0.01% |
1,336,452
+176,860
| +15% | +$2.65M |
|
|
BIG
1422
DELISTED
Big Lots, Inc.
BIG
| $23.3M | ﹤0.01% |
522,048
-33,515
| -6% | -$1.51M |
|
1423
Liberty Broadband Class A
LBRDA
$5.16B
| $23.2M | ﹤0.01% |
164,160
-89,317
| -35% | -$12.1M |
|
1424
Winnebago Industries
WGO
$909M
| $23.2M | ﹤0.01% |
449,603
-7,360
| -2% | -$424K |
|
1425
Allegiant Air
ALGT
$2.57B
| $23.2M | ﹤0.01% |
193,862
-8,301
| -4% | -$1M |
|
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.