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 | |
|---|---|---|---|---|---|---|
|
SGMO
1651
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $16.6M | ﹤0.01% |
1,758,834
-13,668
| -0.8% | -$148K |
|
1652
Enpro
NPO
$7.05B
| $16.6M | ﹤0.01% |
294,516
+5,561
| +2% | +$300K |
|
1653
Kontoor Brands
KTB
$4.26B
| $16.6M | ﹤0.01% |
686,158
-12,426
| -2% | -$260K |
|
1654
Simulations Plus
SLP
$371M
| $16.6M | ﹤0.01% |
219,924
+23,215
| +12% | +$1.49M |
|
1655
Calix
CALX
$2.39B
| $16.5M | ﹤0.01% |
930,607
-43,774
| -4% | -$826K |
|
|
SASR
1656
DELISTED
Sandy Spring Bancorp Inc
SASR
| $16.5M | ﹤0.01% |
715,567
-1,607
| -0.2% | -$37.9K |
|
1657
CBIZ
CBZ
$2.96B
| $16.5M | ﹤0.01% |
721,522
-32,823
| -4% | -$779K |
|
1658
Lakeland Financial Corp
LKFN
$1.53B
| $16.5M | ﹤0.01% |
400,293
+58
| +0% | +$2.62K |
|
1659
Towne Bank
TOWN
$3.42B
| $16.5M | ﹤0.01% |
1,005,041
-6,538
| -0.6% | -$116K |
|
1660
Acadia Realty Trust
AKR
$2.84B
| $16.5M | ﹤0.01% |
1,569,669
+8,982
| +0.6% | +$107K |
|
1661
TechTarget
TTGT
$278M
| $16.5M | ﹤0.01% |
374,878
-7,718
| -2% | -$291K |
|
|
CADE
1662
DELISTED
Cadence Bancorporation
CADE
| $16.5M | ﹤0.01% |
1,916,238
-4,046
| -0.2% | -$35K |
|
1663
Penske Automotive Group
PAG
$14.2B
| $16.4M | ﹤0.01% |
344,875
-25,634
| -7% | -$1.19M |
|
1664
US Physical Therapy
USPH
$1.22B
| $16.4M | ﹤0.01% |
189,139
-671
| -0.4% | -$57.7K |
|
|
AGNT
1665
AGNT Inc
AGNT
$734M
| $16.4M | ﹤0.01% |
814,014
+55,716
| +7% | +$859K |
|
1666
Methode Electronics
MEI
$592M
| $16.4M | ﹤0.01% |
575,265
+1,502
| +0.3% | +$43.4K |
|
1667
Madrigal Pharmaceuticals
MDGL
$11.8B
| $16.4M | ﹤0.01% |
138,026
-764
| -0.6% | -$83K |
|
1668
TTM Technologies
TTMI
$14.5B
| $16.4M | ﹤0.01% |
1,433,533
-64,556
| -4% | -$755K |
|
1669
Autohome
ATHM
$2.62B
| $16.4M | ﹤0.01% |
171,569
+784
| +0.5% | +$68.2K |
|
1670
First Financial Bancorp
FFBC
$3.53B
| $16.3M | ﹤0.01% |
1,361,183
-103,534
| -7% | -$1.4M |
|
1671
Acushnet Holdings
GOLF
$5.45B
| $16.3M | ﹤0.01% |
485,776
-9,332
| -2% | -$329K |
|
1672
NBT Bancorp
NBTB
$2.74B
| $16.3M | ﹤0.01% |
607,797
-50,915
| -8% | -$1.51M |
|
1673
Sprout Social
SPT
$621M
| $16.3M | ﹤0.01% |
422,918
+269,555
| +176% | +$8.55M |
|
|
ARGO
1674
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $16.3M | ﹤0.01% |
472,598
-3,030
| -0.6% | -$106K |
|
|
CVGW
1675
DELISTED
Calavo Growers
CVGW
| $16.2M | ﹤0.01% |
245,037
-1,197
| -0.5% | -$75.2K |
|
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.