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 | |
|---|---|---|---|---|---|---|
|
MTOR
1526
DELISTED
MERITOR, Inc.
MTOR
| $20.2M | ﹤0.01% |
964,133
-34,214
| -3% | -$770K |
|
1527
Telephone and Data Systems
TDS
$3.75B
| $20.2M | ﹤0.01% |
1,093,793
-21,919
| -2% | -$461K |
|
|
PGRE
1528
DELISTED
Paramount Group
PGRE
| $20.2M | ﹤0.01% |
2,846,715
-216,241
| -7% | -$1.57M |
|
|
WWE
1529
DELISTED
World Wrestling Entertainment
WWE
| $20.1M | ﹤0.01% |
497,337
-16,041
| -3% | -$703K |
|
1530
The GEO Group
GEO
$4.04B
| $20M | ﹤0.01% |
1,767,974
-174,087
| -9% | -$1.94M |
|
1531
DigitalBridge
DBRG
$2.95B
| $20M | ﹤0.01% |
1,830,310
+14,746
| +0.8% | +$143K |
|
1532
Northwest Natural Holdings
NWN
$2.12B
| $20M | ﹤0.01% |
440,277
+799
| +0.2% | +$40.8K |
|
1533
Onto Innovation
ONTO
$15.3B
| $20M | ﹤0.01% |
670,008
-7,468
| -1% | -$248K |
|
|
CORE
1534
DELISTED
Core Mark Holding Co., Inc.
CORE
| $19.9M | ﹤0.01% |
688,105
-18,036
| -3% | -$527K |
|
1535
Hyatt Hotels
H
$16.7B
| $19.9M | ﹤0.01% |
372,341
-16,708
| -4% | -$896K |
|
|
VRE
1536
DELISTED
Veris Residential
VRE
| $19.8M | ﹤0.01% |
1,572,068
-101,861
| -6% | -$1.39M |
|
1537
Chesapeake Utilities
CPK
$3.21B
| $19.8M | ﹤0.01% |
235,200
+486
| +0.2% | +$40.1K |
|
1538
MacroGenics
MGNX
$257M
| $19.8M | ﹤0.01% |
785,369
+39,763
| +5% | +$1.09M |
|
1539
James River Group Holdings
JRVR
$217M
| $19.8M | ﹤0.01% |
444,030
-8,150
| -2% | -$380K |
|
1540
Addus HomeCare
ADUS
$2.23B
| $19.7M | ﹤0.01% |
208,782
+6,329
| +3% | +$593K |
|
|
PS
1541
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $19.7M | ﹤0.01% |
1,150,263
-42,287
| -4% | -$809K |
|
1542
BCE
BCE
$21.2B
| $19.7M | ﹤0.01% |
443,502
-21,802
| -5% | -$922K |
|
|
SWN
1543
DELISTED
Southwestern Energy Company
SWN
| $19.7M | ﹤0.01% |
8,369,220
+496,786
| +6% | +$1.32M |
|
1544
Champion Homes
SKY
$5.14B
| $19.7M | ﹤0.01% |
734,480
-6,657
| -0.9% | -$181K |
|
1545
Resideo Technologies
REZI
$3.95B
| $19.7M | ﹤0.01% |
1,786,796
+21,124
| +1% | +$268K |
|
1546
Immunovant
IMVT
$8.25B
| $19.7M | ﹤0.01% |
558,481
+196,912
| +54% | +$5.92M |
|
1547
Nelnet
NNI
$4.7B
| $19.6M | ﹤0.01% |
326,104
-13,753
| -4% | -$842K |
|
1548
First Interstate BancSystem
FIBK
$3.58B
| $19.6M | ﹤0.01% |
616,662
+5,860
| +1% | +$182K |
|
1549
AeroVironment
AVAV
$9.45B
| $19.6M | ﹤0.01% |
326,627
+117
| +0% | +$8.69K |
|
|
EGOV
1550
DELISTED
NIC Inc
EGOV
| $19.5M | ﹤0.01% |
992,068
-43,698
| -4% | -$944K |
|
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.