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 | |
|---|---|---|---|---|---|---|
1151
Globant
GLOB
$1.61B
| $32.1M | 0.01% |
214,983
+120,863
| +128% | +$14.9M |
|
1152
WaFd
WAFD
$2.75B
| $32.1M | 0.01% |
1,195,642
-27,017
| -2% | -$696K |
|
1153
Travel + Leisure Co
TNL
$4.7B
| $32.1M | 0.01% |
1,138,113
-371,910
| -25% | -$10.1M |
|
|
CADE
1154
DELISTED
Cadence Bank
CADE
| $32.1M | 0.01% |
1,410,312
+33,828
| +2% | +$718K |
|
|
ESGR
1155
DELISTED
Enstar Group
ESGR
| $32M | 0.01% |
209,304
+13,726
| +7% | +$2.02M |
|
1156
Nutrien
NTR
$30.7B
| $32M | 0.01% |
987,823
+81,502
| +9% | +$2.84M |
|
|
AEL
1157
DELISTED
American Equity Investment Life Holding Company
AEL
| $32M | 0.01% |
1,293,501
+30,224
| +2% | +$630K |
|
|
XEC
1158
DELISTED
CIMAREX ENERGY CO
XEC
| $32M | 0.01% |
1,162,667
-50,697
| -4% | -$1.26M |
|
|
MNDT
1159
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $31.9M | 0.01% |
2,621,785
+205,939
| +9% | +$2.39M |
|
1160
CareTrust REIT
CTRE
$9.74B
| $31.9M | 0.01% |
1,857,293
+421,498
| +29% | +$7.36M |
|
1161
AutoNation
AN
$6.92B
| $31.8M | 0.01% |
847,119
+19,195
| +2% | +$695K |
|
1162
The Ensign Group
ENSG
$10.7B
| $31.7M | 0.01% |
758,424
+19,781
| +3% | +$785K |
|
|
DEA
1163
Easterly Government Properties
DEA
$1.18B
| $31.7M | 0.01% |
548,104
+11,174
| +2% | +$709K |
|
1164
Steven Madden
SHOO
$3.55B
| $31.5M | 0.01% |
1,277,260
+2,645
| +0.2% | +$61.9K |
|
1165
Credicorp
BAP
$30.7B
| $31.5M | 0.01% |
237,036
+8,590
| +4% | +$1.22M |
|
1166
CNO Financial Group
CNO
$5.11B
| $31.5M | 0.01% |
2,022,047
-90,136
| -4% | -$1.24M |
|
1167
Cleveland-Cliffs
CLF
$6.99B
| $31.4M | 0.01% |
5,682,758
+167,705
| +3% | +$815K |
|
|
GRA
1168
DELISTED
W.R. Grace & Co.
GRA
| $31.3M | 0.01% |
616,973
+11,826
| +2% | +$560K |
|
|
RPAI
1169
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $31.3M | 0.01% |
4,271,113
+603,087
| +16% | +$3.48M |
|
1170
Under Armour
UAA
$2.6B
| $31.2M | 0.01% |
3,208,937
+226,598
| +8% | +$2.15M |
|
1171
Coca-Cola Europacific Partners
CCEP
$47.9B
| $31.2M | 0.01% |
829,521
-77,389
| -9% | -$3.04M |
|
1172
Artisan Partners
APAM
$3.02B
| $31.1M | 0.01% |
955,876
+39,539
| +4% | +$1.1M |
|
1173
Ingevity
NGVT
$2.68B
| $31M | 0.01% |
589,457
-7,651
| -1% | -$363K |
|
1174
Wintrust Financial
WTFC
$10.7B
| $31M | 0.01% |
709,850
-20,370
| -3% | -$813K |
|
|
ISBC
1175
DELISTED
Investors Bancorp, Inc.
ISBC
| $31M | 0.01% |
3,641,399
+23,480
| +0.6% | +$198K |
|
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.