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 | |
|---|---|---|---|---|---|---|
1751
Universal Corp
UVV
$1.27B
| $14.3M | ﹤0.01% |
341,787
-14,648
| -4% | -$627K |
|
|
ECHO
1752
EchoStar
ECHO
$26.2B
| $14.3M | ﹤0.01% |
573,636
+4,008
| +0.7% | +$112K |
|
1753
AZZ Inc
AZZ
$4.54B
| $14.2M | ﹤0.01% |
416,417
+3,288
| +0.8% | +$109K |
|
1754
KE Holdings
BEKE
$18.8B
| $14.1M | ﹤0.01% |
+232,625
| New | +$11.6M |
|
1755
Tencent Music
TME
$15.6B
| $14.1M | ﹤0.01% |
963,920
-9,307
| -1% | -$145K |
|
|
TUP
1756
DELISTED
Tupperware Brands Corporation
TUP
| $14.1M | ﹤0.01% |
700,264
-238
| -0% | -$3.62K |
|
|
ADAM
1757
Adamas Trust
ADAM
$883M
| $14M | ﹤0.01% |
1,371,873
-40,228
| -3% | -$419K |
|
1758
Murphy Oil
MUR
$4.78B
| $14M | ﹤0.01% |
1,567,712
-111,468
| -7% | -$1.43M |
|
|
JWN
1759
DELISTED
Nordstrom
JWN
| $13.9M | ﹤0.01% |
1,170,215
-62,652
| -5% | -$939K |
|
1760
Sally Beauty Holdings
SBH
$1.58B
| $13.9M | ﹤0.01% |
1,603,272
-37,748
| -2% | -$454K |
|
|
PGTI
1761
DELISTED
PGT, Inc.
PGTI
| $13.9M | ﹤0.01% |
794,736
-39,942
| -5% | -$701K |
|
|
ATRI
1762
DELISTED
Atrion Corp
ATRI
| $13.9M | ﹤0.01% |
22,187
-321
| -1% | -$207K |
|
|
TSE
1763
DELISTED
Trinseo
TSE
| $13.9M | ﹤0.01% |
541,309
-17,893
| -3% | -$446K |
|
1764
Upland Software
UPLD
$15.4M
| $13.8M | ﹤0.01% |
36,709
+3,906
| +12% | +$1.41M |
|
1765
Seacoast Banking Corp of Florida
SBCF
$3.35B
| $13.8M | ﹤0.01% |
767,111
-35,724
| -4% | -$693K |
|
|
UHT
1766
Universal Health Realty Income Trust
UHT
$594M
| $13.8M | ﹤0.01% |
242,513
+7,939
| +3% | +$536K |
|
|
ZUO
1767
DELISTED
Zuora, Inc.
ZUO
| $13.8M | ﹤0.01% |
1,335,652
+168,398
| +14% | +$1.95M |
|
1768
Greif
GEF
$5.04B
| $13.8M | ﹤0.01% |
381,221
+2,756
| +0.7% | +$102K |
|
1769
Camping World
CWH
$653M
| $13.8M | ﹤0.01% |
463,466
-1,127
| -0.2% | -$36.8K |
|
1770
Atara Biotherapeutics
ATRA
$76.1M
| $13.8M | ﹤0.01% |
42,537
+7,150
| +20% | +$2.43M |
|
|
SC
1771
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $13.8M | ﹤0.01% |
757,409
-258,882
| -25% | -$4.61M |
|
1772
Hope Bancorp
HOPE
$1.79B
| $13.7M | ﹤0.01% |
1,810,738
-47,584
| -3% | -$398K |
|
1773
NETGEAR
NTGR
$635M
| $13.7M | ﹤0.01% |
445,219
-11,641
| -3% | -$353K |
|
|
SWI
1774
DELISTED
SolarWinds Corporation Common Stock
SWI
| $13.7M | ﹤0.01% |
636,462
-2,715
| -0.4% | -$55.4K |
|
1775
Usana Health Sciences
USNA
$286M
| $13.7M | ﹤0.01% |
185,379
-14,035
| -7% | -$1.13M |
|
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.