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 | |
|---|---|---|---|---|---|---|
1126
Cathay General Bancorp
CATY
$4.24B
| $33.5M | 0.01% |
1,274,348
-11,515
| -0.9% | -$294K |
|
1127
Zillow
ZG
$7.63B
| $33.5M | 0.01% |
582,978
+28,403
| +5% | +$1.4M |
|
1128
Eagle Materials
EXP
$6.57B
| $33.3M | 0.01% |
474,554
-34,941
| -7% | -$2.2M |
|
1129
Stepan Co
SCL
$1.48B
| $33.3M | 0.01% |
342,859
+6,478
| +2% | +$609K |
|
1130
Watts Water Technologies
WTS
$13.1B
| $33.2M | 0.01% |
410,029
+22,992
| +6% | +$1.85M |
|
1131
Brink's
BCO
$4.62B
| $33.2M | 0.01% |
729,674
+24,407
| +3% | +$1.11M |
|
1132
Independent Bank
INDB
$3.99B
| $33.2M | 0.01% |
494,174
-9,339
| -2% | -$628K |
|
|
ELME
1133
Elme Communities
ELME
$144M
| $33.1M | 0.01% |
1,492,287
+21,355
| +1% | +$475K |
|
1134
Pebblebrook Hotel Trust
PEB
$2.05B
| $33.1M | 0.01% |
2,419,796
+16,150
| +0.7% | +$200K |
|
|
SJI
1135
DELISTED
South Jersey Industries, Inc.
SJI
| $33M | 0.01% |
1,319,275
+32,166
| +2% | +$848K |
|
1136
Qiagen
QGEN
$8.72B
| $33M | 0.01% |
726,226
+27,482
| +4% | +$1.23M |
|
1137
Silgan Holdings
SLGN
$4.41B
| $33M | 0.01% |
1,017,637
+96,145
| +10% | +$3.13M |
|
1138
Atlassian
TEAM
$37.8B
| $32.9M | 0.01% |
182,625
-236,067
| -56% | -$39.2M |
|
1139
Franklin Electric
FELE
$4.84B
| $32.9M | 0.01% |
626,420
+12,086
| +2% | +$600K |
|
1140
Goodyear
GT
$1.85B
| $32.8M | 0.01% |
3,669,666
+797,722
| +28% | +$6.06M |
|
1141
Sunstone Hotel Investors
SHO
$2.06B
| $32.7M | 0.01% |
4,008,790
-728,003
| -15% | -$6.32M |
|
1142
U-Haul Holding Co
UHAL
$14.6B
| $32.7M | 0.01% |
1,082,130
+5,510
| +0.5% | +$161K |
|
|
PACW
1143
DELISTED
PacWest Bancorp
PACW
| $32.6M | 0.01% |
1,641,749
+20,979
| +1% | +$389K |
|
1144
Grocery Outlet
GO
$980M
| $32.6M | 0.01% |
798,138
+188,730
| +31% | +$6.75M |
|
1145
Papa John's
PZZA
$806M
| $32.5M | 0.01% |
408,907
+73,872
| +22% | +$5.5M |
|
1146
H.B. Fuller
FUL
$3.28B
| $32.5M | 0.01% |
727,983
+18,303
| +3% | +$664K |
|
1147
Four Corners Property Trust
FCPT
$2.75B
| $32.5M | 0.01% |
1,330,206
+288,309
| +28% | +$6.18M |
|
|
SAIL
1148
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $32.4M | 0.01% |
1,225,908
+47,852
| +4% | +$987K |
|
1149
Fabrinet
FN
$20.1B
| $32.4M | 0.01% |
519,696
+7,574
| +1% | +$465K |
|
1150
EXL Service
EXLS
$5.29B
| $32.2M | 0.01% |
2,538,610
+69,775
| +3% | +$822K |
|
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.