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
|
+$524M |
| 2 |
Meta Platforms (Facebook)
META
|
+$458M |
| 3 |
Otis Worldwide
OTIS
|
+$345M |
| 4 |
T-Mobile US
TMUS
|
+$307M |
| 5 |
AbbVie
ABBV
|
+$280M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$878M |
| 2 |
RTN
Raytheon Company
RTN
|
+$537M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$435M |
| 4 |
Apple
AAPL
|
+$389M |
| 5 |
Accenture
ACN
|
+$216M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.72% |
| 2 | Healthcare | 14.52% |
| 3 | Financials | 12.98% |
| 4 | Consumer Discretionary | 10.98% |
| 5 | Communication Services | 9.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GAP
976
The Gap Inc
GAP
$7.37B
| $43.2M | 0.01% |
3,424,614
-57,451
| -2% | -$518K |
|
|
NUVA
977
DELISTED
NuVasive, Inc.
NUVA
| $43.2M | 0.01% |
775,458
+10,080
| +1% | +$583K |
|
978
NorthWestern Energy
NWE
$4.43B
| $42.9M | 0.01% |
786,291
+168
| +0% | +$9.73K |
|
979
National Fuel Gas
NFG
$7.65B
| $42.8M | 0.01% |
1,019,638
+18,413
| +2% | +$752K |
|
980
Blackbaud
BLKB
$2.08B
| $42.7M | 0.01% |
748,057
+20,770
| +3% | +$1.14M |
|
981
Yeti Holdings
YETI
$3.95B
| $42.7M | 0.01% |
999,080
+312,257
| +45% | +$9.38M |
|
982
Carlyle Group
CG
$17.2B
| $42.6M | 0.01% |
1,529,063
+1,284,542
| +525% | +$33M |
|
983
Armstrong World Industries
AWI
$7.84B
| $42.6M | 0.01% |
546,182
+24,132
| +5% | +$1.83M |
|
984
Curtiss-Wright
CW
$25.5B
| $42.5M | 0.01% |
475,877
-2,929
| -0.6% | -$279K |
|
985
SPS Commerce
SPSC
$2.64B
| $42.4M | 0.01% |
564,119
+14,391
| +3% | +$877K |
|
986
American States Water
AWR
$3.46B
| $42.3M | 0.01% |
538,327
+22,223
| +4% | +$1.77M |
|
987
Alarm.com
ALRM
$2.85B
| $42.3M | 0.01% |
652,733
+107,376
| +20% | +$5.4M |
|
988
FirstCash
FCFS
$8.78B
| $42.2M | 0.01% |
625,920
+1,620
| +0.3% | +$114K |
|
989
Insmed
INSM
$28.6B
| $42.2M | 0.01% |
1,532,359
+202,175
| +15% | +$4.79M |
|
990
Community Bank
CBU
$3.41B
| $41.9M | 0.01% |
735,180
+16,705
| +2% | +$982K |
|
991
Pinterest
PINS
$13.4B
| $41.9M | 0.01% |
1,893,159
+1,068,667
| +130% | +$20.9M |
|
992
Integra LifeSciences
IART
$1.34B
| $41.8M | 0.01% |
889,244
+8,038
| +0.9% | +$395K |
|
993
Iridium Communications
IRDM
$5.29B
| $41.7M | 0.01% |
1,638,786
+170,163
| +12% | +$3.99M |
|
994
Louisiana-Pacific
LPX
$5.49B
| $41.4M | 0.01% |
1,615,319
-19,179
| -1% | -$406K |
|
995
Varonis Systems
VRNS
$5B
| $41.4M | 0.01% |
1,403,019
+81,672
| +6% | +$2.04M |
|
996
Medpace
MEDP
$16.5B
| $41.4M | 0.01% |
444,691
-6,232
| -1% | -$530K |
|
|
LSXMA
997
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $41.4M | 0.01% |
1,631,115
-87,407
| -5% | -$2.14M |
|
998
Ormat Technologies
ORA
$6.64B
| $41.2M | 0.01% |
648,985
+7,150
| +1% | +$468K |
|
999
Fortis
FTS
$28.7B
| $41.1M | 0.01% |
1,021,598
+96,579
| +10% | +$3.68M |
|
|
AJRD
1000
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $40.9M | 0.01% |
1,031,801
+21,086
| +2% | +$878K |
|
Similar funds
Geode Capital Management's Q2 2020 Portfolio in Review
As of Q2 2020, Geode Capital Management held 4,219 positions worth $467B, up 22% from $384B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Geode Capital Management's Q2 2020 filing shows 118 new, 2,550 increased, 1,055 reduced and 119 closed positions. Its largest new stake was Otis Worldwide: 6,650,358 shares worth $377M. The largest sale was Allergan plc, an estimated $878M.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 22% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q2 2020 buy was Otis Worldwide: 6,650,358 shares worth $377M.
- Geode Capital Management added most to Amazon in Q2 2020, an estimated $524M increase.
- Geode Capital Management's biggest Q2 2020 reduction was Bristol-Myers Squibb, cutting an estimated $435M.
- Geode Capital Management fully exited Allergan plc in Q2 2020, selling an estimated $878M.
- Geode Capital Management's ten largest holdings make up 23% of its $467B portfolio in Q2 2020.
- Geode Capital Management opened 118 new positions and closed 119 in Q2 2020.
- Geode Capital Management's portfolio value rose 22% quarter-over-quarter to $467B.
Based on Geode Capital Management's 13F filing for Q2 2020, filed 13 Aug 2020.