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 | |
|---|---|---|---|---|---|---|
1701
ATI
ATI
$31B
| $15.5M | ﹤0.01% |
1,777,509
-67,857
| -4% | -$625K |
|
1702
TTEC Holdings
TTEC
$124M
| $15.5M | ﹤0.01% |
283,915
-697
| -0.2% | -$36.7K |
|
1703
TSMC
TSM
$2.18T
| $15.5M | ﹤0.01% |
190,352
-16,368
| -8% | -$1.24M |
|
|
CSR
1704
Centerspace
CSR
$952M
| $15.5M | ﹤0.01% |
237,503
+16,657
| +8% | +$1.17M |
|
|
MRSN
1705
DELISTED
Mersana Therapeutics
MRSN
| $15.4M | ﹤0.01% |
33,159
+2,709
| +9% | +$1.37M |
|
1706
Karyopharm Therapeutics
KPTI
$48M
| $15.4M | ﹤0.01% |
70,356
+1,517
| +2% | +$371K |
|
|
YMAB
1707
DELISTED
Y-mAbs Therapeutics
YMAB
| $15.4M | ﹤0.01% |
401,177
+42,614
| +12% | +$1.7M |
|
1708
Nice
NICE
$5.97B
| $15.4M | ﹤0.01% |
67,727
+414
| +0.6% | +$88.1K |
|
|
KAMN
1709
DELISTED
Kaman Corp
KAMN
| $15.4M | ﹤0.01% |
393,941
-23,259
| -6% | -$999K |
|
|
HOUS
1710
DELISTED
Anywhere Real Estate
HOUS
| $15.3M | ﹤0.01% |
1,623,931
-23,731
| -1% | -$228K |
|
1711
Cushman & Wakefield Ltd
CWK
$3.25B
| $15.3M | ﹤0.01% |
1,456,963
+754,990
| +108% | +$8.49M |
|
1712
BancFirst
BANF
$3.8B
| $15.3M | ﹤0.01% |
374,135
-11,930
| -3% | -$503K |
|
1713
Rocket Companies
RKT
$38.9B
| $15.3M | ﹤0.01% |
+766,541
| New | +$17.9M |
|
1714
TriMas Corp
TRS
$1.44B
| $15.3M | ﹤0.01% |
669,465
+3,985
| +0.6% | +$97.1K |
|
1715
Stride
LRN
$3.43B
| $15.2M | ﹤0.01% |
576,724
+11,412
| +2% | +$441K |
|
1716
Sturm, Ruger & Co
RGR
$593M
| $15.2M | ﹤0.01% |
247,823
-181
| -0.1% | -$13.3K |
|
1717
Alamo Group
ALG
$2.05B
| $15.1M | ﹤0.01% |
139,853
-911
| -0.6% | -$96.9K |
|
1718
AMC Global Media
AMCX
$489M
| $15.1M | ﹤0.01% |
609,886
-26,579
| -4% | -$638K |
|
|
PRMW
1719
DELISTED
Primo Water Corporation
PRMW
| $15.1M | ﹤0.01% |
1,060,551
+41,008
| +4% | +$578K |
|
1720
StoneX
SNEX
$7.94B
| $15.1M | ﹤0.01% |
1,489,408
+24,179
| +2% | +$264K |
|
1721
John Wiley & Sons Class A
WLY
$2.66B
| $15M | ﹤0.01% |
474,401
-38,636
| -8% | -$1.31M |
|
|
EVOP
1722
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $15M | ﹤0.01% |
605,384
-4,844
| -0.8% | -$122K |
|
1723
Safety Insurance
SAFT
$1.52B
| $15M | ﹤0.01% |
217,223
-5,285
| -2% | -$392K |
|
1724
Virtus Investment Partners
VRTS
$1.1B
| $15M | ﹤0.01% |
108,022
-1,249
| -1% | -$169K |
|
|
PING
1725
DELISTED
Ping Identity Holding Corp.
PING
| $14.9M | ﹤0.01% |
477,902
+214,218
| +81% | +$7.03M |
|
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.