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 | 24.72% |
| 2 | Healthcare | 14.35% |
| 3 | Financials | 12.48% |
| 4 | Consumer Discretionary | 12.05% |
| 5 | Communication Services | 9.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.91T
| $28.6B | 5.61% |
247,838,449
-3,856,967
| -2% | -$421M |
2013 Q2
29 quarters
|
|
2
Microsoft
MSFT
$3.97T
| $24.5B | 4.79% |
116,538,073
-150,901
| -0.1% | -$31.7M |
2013 Q2
29 quarters
|
|
|
3
Amazon
AMZN
$2.83T
| $20.1B | 3.94% |
127,976,600
+2,662,800
| +2% | +$420M |
2013 Q2
29 quarters
|
|
4
Meta Platforms (Facebook)
META
$1.83T
| $9.64B | 1.89% |
36,886,920
-117,726
| -0.3% | -$30.4M |
2013 Q2
29 quarters
|
|
5
Alphabet (Google) Class A
GOOGL
$4.3T
| $7.1B | 1.39% |
97,104,280
+505,120
| +0.5% | +$38.5M |
2015 Q4
19 quarters
|
|
|
6
Alphabet (Google) Class C
GOOG
$4.25T
| $6.5B | 1.27% |
88,631,080
+576,480
| +0.7% | +$44M |
2013 Q2
29 quarters
|
|
7
Berkshire Hathaway Class B
BRK.B
$1.1T
| $6.01B | 1.18% |
28,272,012
+498,023
| +2% | +$102M |
2013 Q2
29 quarters
|
|
8
Johnson & Johnson
JNJ
$630B
| $5.88B | 1.15% |
39,542,824
-30,913
| -0.1% | -$4.57M |
2013 Q2
29 quarters
|
|
9
Procter & Gamble
PG
$351B
| $5.5B | 1.08% |
39,653,637
+142,782
| +0.4% | +$19M |
2013 Q2
29 quarters
|
|
10
Visa
V
$724B
| $5.24B | 1.03% |
26,232,690
-78,962
| -0.3% | -$15.8M |
2013 Q2
29 quarters
|
|
11
NVIDIA
NVDA
$5.54T
| $5.05B | 0.99% |
373,692,400
+3,006,960
| +0.8% | +$35M |
2013 Q2
29 quarters
|
|
12
Mastercard
MA
$516B
| $4.63B | 0.91% |
13,714,978
-39,234
| -0.3% | -$12.8M |
2013 Q2
29 quarters
|
|
13
Home Depot
HD
$290B
| $4.58B | 0.9% |
16,515,568
-53,605
| -0.3% | -$14.5M |
2013 Q2
29 quarters
|
|
14
UnitedHealth
UNH
$340B
| $4.38B | 0.86% |
14,080,332
+70,476
| +0.5% | +$21.6M |
2013 Q2
29 quarters
|
|
15
JPMorgan Chase
JPM
$885B
| $4.22B | 0.83% |
43,914,174
+36,096
| +0.1% | +$3.54M |
2013 Q2
29 quarters
|
|
16
Adobe
ADBE
$94.3B
| $3.86B | 0.76% |
7,887,198
-103,819
| -1% | -$48.3M |
2013 Q2
29 quarters
|
|
|
17
Intel
INTC
$553B
| $3.85B | 0.75% |
74,501,177
+4,752,240
| +7% | +$247M |
2013 Q2
29 quarters
|
|
18
Verizon
VZ
$173B
| $3.78B | 0.74% |
63,662,685
+202,106
| +0.3% | +$11.7M |
2013 Q2
29 quarters
|
|
19
PayPal
PYPL
$47.5B
| $3.44B | 0.67% |
17,479,010
+232,701
| +1% | +$43.8M |
2015 Q3
20 quarters
|
|
20
Merck
MRK
$359B
| $3.42B | 0.67% |
43,349,128
+1,334,738
| +3% | +$105M |
2013 Q2
29 quarters
|
|
21
Netflix
NFLX
$293B
| $3.28B | 0.64% |
65,839,010
+134,820
| +0.2% | +$6.71M |
2013 Q2
29 quarters
|
|
22
Pfizer
PFE
$161B
| $3.27B | 0.64% |
94,030,983
+74,089
| +0.1% | +$2.6M |
2013 Q2
29 quarters
|
|
23
Comcast
CMCSA
$73.3B
| $3.27B | 0.64% |
70,756,376
-389,560
| -0.5% | -$16.9M |
2013 Q2
29 quarters
|
|
24
Walt Disney
DIS
$187B
| $3.22B | 0.63% |
25,980,926
-17,188
| -0.1% | -$2.15M |
2013 Q2
29 quarters
|
|
25
Salesforce
CRM
$189B
| $3.2B | 0.63% |
12,776,814
+175,169
| +1% | +$38.3M |
2013 Q2
29 quarters
|
|
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 89 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 25% 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 89 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.