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 | |
|---|---|---|---|---|---|---|
|
NXRT
1601
NexPoint Residential Trust
NXRT
$652M
| $18.3M | ﹤0.01% |
412,399
+4,420
| +1% | +$175K |
|
1602
Melco Resorts & Entertainment
MLCO
$2.14B
| $18.2M | ﹤0.01% |
1,114,782
+21,642
| +2% | +$384K |
|
1603
Astec Industries
ASTE
$1.02B
| $18.2M | ﹤0.01% |
335,135
-1,008
| -0.3% | -$50.4K |
|
1604
Adeia
ADEA
$3.11B
| $18.2M | ﹤0.01% |
5,978,263
-212,220
| -3% | -$784K |
|
1605
Bilibili
BILI
$7.84B
| $18.1M | ﹤0.01% |
437,476
+45,474
| +12% | +$2.01M |
|
1606
Gaotu Techedu
GOTU
$436M
| $18.1M | ﹤0.01% |
201,913
-5,069
| -2% | -$452K |
|
|
FBC
1607
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $18M | ﹤0.01% |
606,581
+97,022
| +19% | +$2.92M |
|
|
DHC
1608
Diversified Healthcare Trust
DHC
$2.14B
| $18M | ﹤0.01% |
5,103,694
+129,849
| +3% | +$507K |
|
1609
Atkore
ATKR
$3.16B
| $17.9M | ﹤0.01% |
787,050
-1,080
| -0.1% | -$29.2K |
|
1610
Health Catalyst
HCAT
$128M
| $17.8M | ﹤0.01% |
486,569
+191,648
| +65% | +$6.51M |
|
1611
Capitol Federal Financial
CFFN
$1.1B
| $17.8M | ﹤0.01% |
1,921,357
-165,812
| -8% | -$1.62M |
|
|
MODV
1612
DELISTED
ModivCare
MODV
| $17.8M | ﹤0.01% |
191,447
+5,022
| +3% | +$435K |
|
1613
Encore Capital Group
ECPG
$2.13B
| $17.7M | ﹤0.01% |
459,278
+15,151
| +3% | +$604K |
|
|
GTY
1614
Getty Realty Corp
GTY
$2.07B
| $17.7M | ﹤0.01% |
679,758
+28,186
| +4% | +$815K |
|
|
WIRE
1615
DELISTED
Encore Wire Corp
WIRE
| $17.7M | ﹤0.01% |
380,358
-6,360
| -2% | -$318K |
|
1616
Century Communities
CCS
$2.03B
| $17.6M | ﹤0.01% |
416,955
+2,900
| +0.7% | +$106K |
|
1617
Kadant
KAI
$3.99B
| $17.6M | ﹤0.01% |
160,710
-2,642
| -2% | -$300K |
|
1618
Coherus Oncology
CHRS
$196M
| $17.6M | ﹤0.01% |
958,060
+3,101
| +0.3% | +$57.7K |
|
|
LMNX
1619
DELISTED
Luminex Corp
LMNX
| $17.5M | ﹤0.01% |
668,508
+5,666
| +0.9% | +$174K |
|
1620
Cheesecake Factory
CAKE
$5.33B
| $17.5M | ﹤0.01% |
631,697
-813
| -0.1% | -$21.3K |
|
1621
Sonic Automotive
SAH
$2.61B
| $17.4M | ﹤0.01% |
432,946
-27,438
| -6% | -$1.11M |
|
|
SIX
1622
DELISTED
Six Flags Entertainment Corp.
SIX
| $17.3M | ﹤0.01% |
851,989
-58,117
| -6% | -$1.2M |
|
1623
Middlesex Water
MSEX
$1.1B
| $17.3M | ﹤0.01% |
277,992
-5,317
| -2% | -$345K |
|
|
PRO
1624
DELISTED
PROS Holdings
PRO
| $17.2M | ﹤0.01% |
539,908
-16,663
| -3% | -$628K |
|
1625
Gray Television
GTN
$552M
| $17.2M | ﹤0.01% |
1,250,199
-4,106
| -0.3% | -$60K |
|
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.