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 | |
|---|---|---|---|---|---|---|
1726
Lindsay Corp
LNN
$1.18B
| $14.9M | ﹤0.01% |
153,876
-153
| -0.1% | -$15.1K |
|
1727
Vodafone
VOD
$37.4B
| $14.9M | ﹤0.01% |
1,108,473
+47,919
| +5% | +$723K |
|
1728
Algonquin Power & Utilities
AQN
$4.42B
| $14.9M | ﹤0.01% |
1,028,361
+131,317
| +15% | +$1.8M |
|
1729
Telus
TU
$15.3B
| $14.8M | ﹤0.01% |
839,045
+27,349
| +3% | +$486K |
|
|
ECOL
1730
DELISTED
US Ecology, Inc.
ECOL
| $14.8M | ﹤0.01% |
453,394
+20,885
| +5% | +$731K |
|
|
ESPR
1731
DELISTED
Esperion Therapeutics
ESPR
| $14.8M | ﹤0.01% |
397,961
+9,544
| +2% | +$378K |
|
|
ZGNX
1732
DELISTED
Zogenix, Inc.
ZGNX
| $14.8M | ﹤0.01% |
823,867
-2,681
| -0.3% | -$65.7K |
|
1733
Mativ Holdings
MATV
$711M
| $14.8M | ﹤0.01% |
485,378
-9,864
| -2% | -$310K |
|
1734
Intellia Therapeutics
NTLA
$1.67B
| $14.7M | ﹤0.01% |
741,436
+86,081
| +13% | +$1.79M |
|
1735
CoreCivic
CXW
$3.19B
| $14.7M | ﹤0.01% |
1,840,276
-202,016
| -10% | -$1.84M |
|
|
SWCH
1736
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $14.7M | ﹤0.01% |
942,626
+98,193
| +12% | +$1.67M |
|
1737
Myriad Genetics
MYGN
$312M
| $14.6M | ﹤0.01% |
1,122,874
-22,827
| -2% | -$289K |
|
1738
Pennant Group
PNTG
$1.36B
| $14.6M | ﹤0.01% |
379,643
-20,923
| -5% | -$641K |
|
1739
Progyny
PGNY
$2.2B
| $14.6M | ﹤0.01% |
497,339
+190,395
| +62% | +$5.25M |
|
1740
Enerpac Tool Group
EPAC
$1.93B
| $14.6M | ﹤0.01% |
774,105
+789
| +0.1% | +$15.7K |
|
|
FOE
1741
DELISTED
Ferro Corporation
FOE
| $14.5M | ﹤0.01% |
1,171,503
+1,528
| +0.1% | +$18.9K |
|
|
WW
1742
DELISTED
WW International
WW
| $14.5M | ﹤0.01% |
769,319
-9,448
| -1% | -$222K |
|
1743
Vaxcyte
PCVX
$8.64B
| $14.4M | ﹤0.01% |
292,413
+266,887
| +1,046% | +$10.6M |
|
|
SAFE
1744
DELISTED
Safehold Inc.
SAFE
| $14.4M | ﹤0.01% |
232,360
+3,861
| +2% | +$209K |
|
1745
National Beverage
FIZZ
$3.01B
| $14.4M | ﹤0.01% |
423,858
+1,332
| +0.3% | +$46.6K |
|
|
GCP
1746
DELISTED
GCP Applied Technologies Inc.
GCP
| $14.4M | ﹤0.01% |
687,374
-49,774
| -7% | -$1.15M |
|
|
LPRO
1747
DELISTED
Open Lending Corp
LPRO
| $14.4M | ﹤0.01% |
+564,466
| New | +$11M |
|
1748
Herc Holdings
HRI
$5.61B
| $14.4M | ﹤0.01% |
363,046
+4,264
| +1% | +$160K |
|
1749
Heartland Express
HTLD
$956M
| $14.4M | ﹤0.01% |
771,764
+1,922
| +0.2% | +$39.1K |
|
1750
Signet Jewelers
SIG
$3.76B
| $14.3M | ﹤0.01% |
766,477
-18,404
| -2% | -$268K |
|
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.