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 | |
|---|---|---|---|---|---|---|
1176
Liberty Broadband Class A
LBRDA
$5.16B
| $30.9M | 0.01% |
253,477
+9,551
| +4% | +$1.17M |
|
1177
Hain Celestial
HAIN
$53.7M
| $30.9M | 0.01% |
981,981
-22,729
| -2% | -$657K |
|
1178
Macy's
M
$6.68B
| $30.9M | 0.01% |
4,489,840
-965,588
| -18% | -$5.94M |
|
1179
ESCO Technologies
ESE
$7.92B
| $30.9M | 0.01% |
365,382
+16,871
| +5% | +$1.33M |
|
|
AIMC
1180
DELISTED
Altra Industrial Motion Corp
AIMC
| $30.8M | 0.01% |
966,309
+22,391
| +2% | +$592K |
|
1181
Bank of Hawaii
BOH
$3.13B
| $30.7M | 0.01% |
499,771
-40,924
| -8% | -$2.53M |
|
1182
International Bancshares
IBOC
$4.57B
| $30.7M | 0.01% |
959,751
-23,759
| -2% | -$683K |
|
|
ADSW
1183
DELISTED
Advanced Disposal Services Inc
ADSW
| $30.7M | 0.01% |
1,017,490
+32,130
| +3% | +$1.03M |
|
1184
GATX Corp
GATX
$6.27B
| $30.6M | 0.01% |
502,459
+5,261
| +1% | +$316K |
|
|
CHNG
1185
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $30.6M | 0.01% |
2,732,260
+187,277
| +7% | +$2.1M |
|
1186
Plexus
PLXS
$7.23B
| $30.6M | 0.01% |
433,304
+8,208
| +2% | +$509K |
|
|
EPAY
1187
DELISTED
Bottomline Technologies Inc
EPAY
| $30.6M | 0.01% |
601,913
+9,097
| +2% | +$406K |
|
1188
BP
BP
$107B
| $30.6M | 0.01% |
1,310,209
+551,294
| +73% | +$13.2M |
|
1189
J&J Snack Foods
JJSF
$1.71B
| $30.5M | 0.01% |
239,600
+4,492
| +2% | +$564K |
|
1190
Columbia Banking Systems
COLB
$8.84B
| $30.5M | 0.01% |
1,074,551
+18,172
| +2% | +$463K |
|
1191
Winnebago Industries
WGO
$909M
| $30.4M | 0.01% |
456,963
+4,580
| +1% | +$234K |
|
1192
Workiva
WK
$3.54B
| $30.4M | 0.01% |
568,825
+45,829
| +9% | +$1.88M |
|
1193
CarGurus
CARG
$3.52B
| $30.4M | 0.01% |
1,199,692
+124,750
| +12% | +$2.91M |
|
1194
Choice Hotels
CHH
$4.8B
| $30.3M | 0.01% |
384,558
+4,047
| +1% | +$308K |
|
1195
White Mountains Insurance
WTM
$5.32B
| $30.3M | 0.01% |
34,149
-509
| -1% | -$459K |
|
|
HI
1196
DELISTED
Hillenbrand
HI
| $30.2M | 0.01% |
1,117,455
-21,874
| -2% | -$497K |
|
1197
LendingTree
TREE
$451M
| $30.2M | 0.01% |
104,395
+9,310
| +10% | +$2.25M |
|
|
JHG
1198
DELISTED
Janus Henderson
JHG
| $30.2M | 0.01% |
1,428,572
-816,577
| -36% | -$15.7M |
|
1199
Innospec
IOSP
$2.28B
| $30.2M | 0.01% |
390,574
+6,209
| +2% | +$454K |
|
1200
Columbia Sportswear
COLM
$2.93B
| $30M | 0.01% |
372,909
-351
| -0.1% | -$25.6K |
|
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.