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 | |
|---|---|---|---|---|---|---|
1676
Malibu Boats
MBUU
$567M
| $16.2M | ﹤0.01% |
326,791
+3,966
| +1% | +$216K |
|
1677
Arbor Realty Trust
ABR
$998M
| $16.2M | ﹤0.01% |
1,410,544
+23,462
| +2% | +$246K |
|
|
EPZM
1678
DELISTED
Epizyme, Inc
EPZM
| $16.2M | ﹤0.01% |
1,355,979
+54,736
| +4% | +$733K |
|
|
SWTX
1679
DELISTED
SpringWorks Therapeutics
SWTX
| $16.1M | ﹤0.01% |
337,874
+100,650
| +42% | +$4.29M |
|
1680
ePlus
PLUS
$2.34B
| $16M | ﹤0.01% |
438,336
+16,578
| +4% | +$616K |
|
1681
CorVel
CRVL
$3.19B
| $16M | ﹤0.01% |
563,097
-3,066
| -0.5% | -$82.3K |
|
1682
Cerus
CERS
$474M
| $16M | ﹤0.01% |
2,551,577
+35,792
| +1% | +$238K |
|
1683
AerCap
AER
$23.8B
| $16M | ﹤0.01% |
637,004
+8,644
| +1% | +$251K |
|
|
CSW
1684
CSW Industrials
CSW
$5.71B
| $15.9M | ﹤0.01% |
206,170
-24,573
| -11% | -$1.78M |
|
|
FOCS
1685
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $15.9M | ﹤0.01% |
485,424
+16,738
| +4% | +$592K |
|
1686
Supernus Pharmaceuticals
SUPN
$2.77B
| $15.9M | ﹤0.01% |
763,058
-9,849
| -1% | -$224K |
|
1687
ICF International
ICFI
$1.72B
| $15.9M | ﹤0.01% |
257,781
-21,424
| -8% | -$1.42M |
|
1688
Tennant Co
TNC
$1.26B
| $15.9M | ﹤0.01% |
262,786
+1,213
| +0.5% | +$80.2K |
|
|
GMS
1689
DELISTED
GMS Inc
GMS
| $15.8M | ﹤0.01% |
655,325
-10,371
| -2% | -$254K |
|
1690
Stewart Information Services
STC
$2.08B
| $15.7M | ﹤0.01% |
358,110
+24,576
| +7% | +$993K |
|
|
HTLF
1691
DELISTED
Heartland Financial USA, Inc.
HTLF
| $15.7M | ﹤0.01% |
521,845
+3,245
| +0.6% | +$104K |
|
1692
Materion
MTRN
$6.04B
| $15.6M | ﹤0.01% |
300,656
-4,267
| -1% | -$241K |
|
1693
Macerich
MAC
$6.92B
| $15.6M | ﹤0.01% |
2,303,772
-62,600
| -3% | -$492K |
|
|
FARO
1694
DELISTED
Faro Technologies
FARO
| $15.6M | ﹤0.01% |
256,442
-6,246
| -2% | -$358K |
|
1695
Enviri
NVRI
$620M
| $15.6M | ﹤0.01% |
1,120,878
-1,017
| -0.1% | -$14.7K |
|
1696
Domo
DOMO
$184M
| $15.6M | ﹤0.01% |
406,449
+20,660
| +5% | +$745K |
|
|
MODN
1697
DELISTED
MODEL N, INC.
MODN
| $15.6M | ﹤0.01% |
441,390
+12,973
| +3% | +$490K |
|
|
ODP
1698
DELISTED
ODP
ODP
| $15.5M | ﹤0.01% |
+798,946
| New | +$17.1M |
|
|
SPWR
1699
DELISTED
SunPower Corporation Common Stock
SPWR
| $15.5M | ﹤0.01% |
1,241,801
-707,234
| -36% | -$5.96M |
|
|
INFN
1700
DELISTED
Infinera Corporation Common Stock
INFN
| $15.5M | ﹤0.01% |
2,517,049
+148,599
| +6% | +$1.04M |
|
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.