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 | |
|---|---|---|---|---|---|---|
|
TEN
2301
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $5.83M | ﹤0.01% |
840,486
+44,320
| +6% | +$352K |
|
|
PENG
2302
Penguin Solutions Inc
PENG
$2.99B
| $5.83M | ﹤0.01% |
426,352
+7,138
| +2% | +$95.3K |
|
|
POLY
2303
DELISTED
Plantronics, Inc.
POLY
| $5.8M | ﹤0.01% |
490,364
+14,413
| +3% | +$225K |
|
2304
GSK
GSK
$106B
| $5.8M | ﹤0.01% |
123,381
-17,804
| -13% | -$892K |
|
|
MSGN
2305
DELISTED
MSG Networks Inc.
MSGN
| $5.8M | ﹤0.01% |
606,100
-10,173
| -2% | -$102K |
|
|
VRAY
2306
DELISTED
ViewRay, Inc.
VRAY
| $5.79M | ﹤0.01% |
1,655,201
+38,074
| +2% | +$106K |
|
2307
A10 Networks
ATEN
$1.95B
| $5.76M | ﹤0.01% |
905,204
+42,050
| +5% | +$322K |
|
|
AKCA
2308
DELISTED
Akcea Therapeutics Inc
AKCA
| $5.75M | ﹤0.01% |
317,000
-13,979
| -4% | -$198K |
|
2309
GrafTech
EAF
$212M
| $5.75M | ﹤0.01% |
84,037
+16,135
| +24% | +$1.13M |
|
2310
MannKind Corp
MNKD
$1.32B
| $5.74M | ﹤0.01% |
3,051,217
+88,890
| +3% | +$154K |
|
2311
Forrester Research
FORR
$224M
| $5.73M | ﹤0.01% |
174,891
+7,054
| +4% | +$241K |
|
2312
Donnelley Financial Solutions
DFIN
$1.16B
| $5.73M | ﹤0.01% |
429,012
-29,533
| -6% | -$306K |
|
2313
Bank of Marin Bancorp
BMRC
$459M
| $5.73M | ﹤0.01% |
197,779
+5,898
| +3% | +$185K |
|
2314
Bentley Systems
BSY
$10.6B
| $5.68M | ﹤0.01% |
+180,817
| New | +$5.84M |
|
2315
FirstService
FSV
$6.32B
| $5.67M | ﹤0.01% |
42,986
+2,564
| +6% | +$303K |
|
2316
Tredegar Corp
TG
$310M
| $5.67M | ﹤0.01% |
381,000
+10,031
| +3% | +$165K |
|
2317
Gates Industrial Corporation Ltd.
GTES
$7.15B
| $5.66M | ﹤0.01% |
508,984
-34,172
| -6% | -$381K |
|
2318
XPeng
XPEV
$11.6B
| $5.65M | ﹤0.01% |
+283,565
| New | +$5.54M |
|
2319
i3 Verticals
IIIV
$342M
| $5.64M | ﹤0.01% |
223,327
+7,130
| +3% | +$191K |
|
2320
ACM Research
ACMR
$5.79B
| $5.63M | ﹤0.01% |
244,242
+13,545
| +6% | +$385K |
|
2321
Central Pacific Financial
CPF
$1B
| $5.62M | ﹤0.01% |
414,391
+5,625
| +1% | +$85.1K |
|
2322
Beazer Homes USA
BZH
$907M
| $5.62M | ﹤0.01% |
425,854
+3,350
| +0.8% | +$39.1K |
|
2323
International Money Express
IMXI
$367M
| $5.6M | ﹤0.01% |
389,875
+66,457
| +21% | +$1.01M |
|
2324
Century Aluminum
CENX
$5.07B
| $5.59M | ﹤0.01% |
785,085
+26,236
| +3% | +$228K |
|
2325
Helix Energy Solutions
HLX
$1.41B
| $5.58M | ﹤0.01% |
2,313,394
+263,023
| +13% | +$959K |
|
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.