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 | |
|---|---|---|---|---|---|---|
1451
Schrodinger
SDGR
$1.36B
| $22.7M | ﹤0.01% |
476,895
+245,983
| +107% | +$16.9M |
|
1452
La-Z-Boy
LZB
$1.69B
| $22.6M | ﹤0.01% |
715,474
-23,884
| -3% | -$726K |
|
1453
Seres Therapeutics
MCRB
$48.4M
| $22.6M | ﹤0.01% |
39,957
+3,051
| +8% | +$1.01M |
|
|
HTO
1454
H2O America
HTO
$2.62B
| $22.6M | ﹤0.01% |
371,017
-4,261
| -1% | -$269K |
|
1455
NETSCOUT
NTCT
$2.79B
| $22.5M | ﹤0.01% |
1,032,270
+18,488
| +2% | +$447K |
|
|
TWNK
1456
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $22.5M | ﹤0.01% |
1,827,334
-15,603
| -0.8% | -$196K |
|
1457
First Hawaiian
FHB
$3.35B
| $22.5M | ﹤0.01% |
1,556,076
-81,971
| -5% | -$1.35M |
|
1458
Virgin Galactic
SPCE
$398M
| $22.5M | ﹤0.01% |
58,451
+12,502
| +27% | +$4.74M |
|
|
PMT
1459
PennyMac Mortgage Investment
PMT
$842M
| $22.5M | ﹤0.01% |
1,397,320
-21,125
| -1% | -$374K |
|
|
SFIX
1460
Stitch Fix
SFIX
$560M
| $22.4M | ﹤0.01% |
825,439
+237,907
| +40% | +$6.11M |
|
|
MIC
1461
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $22.4M | ﹤0.01% |
832,775
-64,049
| -7% | -$1.85M |
|
|
MDLA
1462
DELISTED
Medallia, Inc.
MDLA
| $22.3M | ﹤0.01% |
814,634
+341,929
| +72% | +$10.4M |
|
1463
Pembina Pipeline
PBA
$27.6B
| $22.3M | ﹤0.01% |
1,036,780
+38,239
| +4% | +$939K |
|
1464
Mueller Water Products
MWA
$4.16B
| $22.3M | ﹤0.01% |
2,143,094
-105,029
| -5% | -$1.1M |
|
|
AVNS
1465
DELISTED
Avanos Medical
AVNS
| $22.3M | ﹤0.01% |
670,091
-20,058
| -3% | -$641K |
|
1466
8x8 Inc
EGHT
$332M
| $22.3M | ﹤0.01% |
1,431,493
-9,127
| -0.6% | -$147K |
|
1467
Range Resources
RRC
$8.95B
| $22.2M | ﹤0.01% |
3,356,594
+159,598
| +5% | +$1.16M |
|
1468
Cohen & Steers
CNS
$4.3B
| $22.2M | ﹤0.01% |
398,391
-1,407
| -0.4% | -$86.8K |
|
1469
Ligand Pharmaceuticals
LGND
$6.36B
| $22.1M | ﹤0.01% |
371,633
-14,502
| -4% | -$990K |
|
1470
M/I Homes
MHO
$3.84B
| $22.1M | ﹤0.01% |
479,634
-29,025
| -6% | -$1.21M |
|
1471
Cabot Corp
CBT
$4.52B
| $22M | ﹤0.01% |
611,644
-27,924
| -4% | -$1.06M |
|
1472
Vipshop
VIPS
$7.53B
| $22M | ﹤0.01% |
1,415,962
+31,383
| +2% | +$615K |
|
|
AZEK
1473
DELISTED
The AZEK Co
AZEK
| $22M | ﹤0.01% |
+631,484
| New | +$22M |
|
1474
Skywest
SKYW
$4.34B
| $22M | ﹤0.01% |
735,687
+48
| +0% | +$1.5K |
|
|
ATSG
1475
DELISTED
Air Transport Services Group
ATSG
| $22M | ﹤0.01% |
876,583
-10,959
| -1% | -$273K |
|
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.