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 | |
|---|---|---|---|---|---|---|
1101
Bank OZK
OZK
$5.61B
| $35M | 0.01% |
1,489,977
-58,286
| -4% | -$1.25M |
|
1102
Rogers Corp
ROG
$2.4B
| $35M | 0.01% |
280,629
+7,984
| +3% | +$854K |
|
1103
Aaon
AAON
$7.77B
| $34.9M | 0.01% |
963,459
-11,072
| -1% | -$372K |
|
|
IRBT
1104
DELISTED
iRobot
IRBT
| $34.7M | 0.01% |
413,313
+11,994
| +3% | +$790K |
|
1105
FormFactor
FORM
$9.17B
| $34.7M | 0.01% |
1,182,285
+5,161
| +0.4% | +$127K |
|
1106
Diodes
DIOD
$4.84B
| $34.7M | 0.01% |
683,598
+7,401
| +1% | +$354K |
|
1107
ABM Industries
ABM
$2.84B
| $34.6M | 0.01% |
954,542
+32,609
| +4% | +$1.06M |
|
|
VG
1108
DELISTED
Vonage Holdings Corporation
VG
| $34.6M | 0.01% |
3,439,730
+105,867
| +3% | +$950K |
|
1109
MGE Energy Inc
MGEE
$3.08B
| $34.6M | 0.01% |
536,070
+19,187
| +4% | +$1.25M |
|
1110
Old National Bancorp
ONB
$10.2B
| $34.6M | 0.01% |
2,512,310
+15,046
| +0.6% | +$203K |
|
|
NSA
1111
DELISTED
National Storage Affiliates Trust
NSA
| $34.6M | 0.01% |
1,205,905
+48,286
| +4% | +$1.38M |
|
1112
Quaker Houghton
KWR
$2.92B
| $34.4M | 0.01% |
185,528
+5,781
| +3% | +$907K |
|
1113
Green Dot
GDOT
$745M
| $34.4M | 0.01% |
700,894
+37,445
| +6% | +$1.27M |
|
1114
Kennametal
KMT
$2.52B
| $34.3M | 0.01% |
1,194,127
+12,253
| +1% | +$312K |
|
1115
Brady Corp
BRC
$4.57B
| $34.2M | 0.01% |
730,498
-22,017
| -3% | -$1.01M |
|
1116
Wheaton Precious Metals
WPM
$60.9B
| $34.1M | 0.01% |
777,628
+68,220
| +10% | +$2.68M |
|
1117
California Water Service
CWT
$3.12B
| $34M | 0.01% |
713,398
+20,228
| +3% | +$955K |
|
1118
Synaptics
SYNA
$4.15B
| $33.9M | 0.01% |
564,703
-2,065
| -0.4% | -$129K |
|
1119
Dick's Sporting Goods
DKS
$18.7B
| $33.9M | 0.01% |
821,066
+54,454
| +7% | +$1.73M |
|
1120
Energizer
ENR
$1.55B
| $33.7M | 0.01% |
709,444
-21,217
| -3% | -$867K |
|
1121
Sensient Technologies
SXT
$5.53B
| $33.6M | 0.01% |
645,013
+14,665
| +2% | +$694K |
|
1122
Ryman Hospitality Properties
RHP
$7.63B
| $33.6M | 0.01% |
971,665
-143,991
| -13% | -$4.78M |
|
1123
Insperity
NSP
$2.01B
| $33.6M | 0.01% |
519,178
-7,792
| -1% | -$390K |
|
1124
STAAR Surgical
STAA
$1.21B
| $33.6M | 0.01% |
546,023
+11,783
| +2% | +$481K |
|
1125
MGIC Investment
MTG
$6.25B
| $33.6M | 0.01% |
4,099,811
-117,650
| -3% | -$880K |
|
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.