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 | |
|---|---|---|---|---|---|---|
|
CXP
1201
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $30M | 0.01% |
2,280,620
+257,700
| +13% | +$3.39M |
|
1202
AMN Healthcare
AMN
$1.39B
| $29.9M | 0.01% |
661,825
+22,918
| +4% | +$1.1M |
|
|
WPX
1203
DELISTED
WPX Energy, Inc.
WPX
| $29.9M | 0.01% |
4,681,815
-283,946
| -6% | -$1.6M |
|
1204
Webster Financial
WBS
$12.8B
| $29.9M | 0.01% |
1,043,943
-14,900
| -1% | -$395K |
|
|
UMPQ
1205
DELISTED
Umpqua Holdings Corp
UMPQ
| $29.8M | 0.01% |
2,804,457
-16,412
| -0.6% | -$184K |
|
1206
Sabre
SABR
$814M
| $29.8M | 0.01% |
3,701,212
+67,372
| +2% | +$478K |
|
|
OPLN
1207
Openlane
OPLN
$4.58B
| $29.8M | 0.01% |
2,165,111
+452,401
| +26% | +$6.21M |
|
1208
Alcoa
AA
$13.1B
| $29.8M | 0.01% |
2,647,098
+558,214
| +27% | +$4.99M |
|
1209
Progress Software
PRGS
$1.77B
| $29.7M | 0.01% |
767,098
-656
| -0.1% | -$25K |
|
1210
Vishay Intertechnology
VSH
$5.38B
| $29.7M | 0.01% |
1,942,027
+54,823
| +3% | +$853K |
|
1211
Hancock Whitney
HWC
$6.25B
| $29.6M | 0.01% |
1,398,166
-62,836
| -4% | -$1.3M |
|
1212
Badger Meter
BMI
$4.02B
| $29.6M | 0.01% |
470,463
+9,156
| +2% | +$543K |
|
|
CIT
1213
DELISTED
CIT Group Inc.
CIT
| $29.6M | 0.01% |
1,426,941
+310,064
| +28% | +$5.99M |
|
1214
RLJ Lodging Trust
RLJ
$1.71B
| $29.6M | 0.01% |
3,133,293
-110,616
| -3% | -$1.03M |
|
1215
Tenet Healthcare
THC
$21.1B
| $29.6M | 0.01% |
1,632,095
+4,789
| +0.3% | +$94.4K |
|
|
TPH
1216
DELISTED
Tri Pointe Homes
TPH
| $29.5M | 0.01% |
2,011,443
-121,426
| -6% | -$1.49M |
|
1217
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.26B
| $29.5M | 0.01% |
1,036,395
+126,055
| +14% | +$3.44M |
|
|
PDCO
1218
DELISTED
Patterson Companies, Inc.
PDCO
| $29.4M | 0.01% |
1,336,587
+40,901
| +3% | +$716K |
|
1219
Capri Holdings
CPRI
$1.74B
| $29.4M | 0.01% |
1,880,975
-640,176
| -25% | -$9.48M |
|
1220
WillScot Mobile Mini Holdings
WSC
$4.56B
| $29.4M | 0.01% |
2,391,039
+1,565,723
| +190% | +$19.3M |
|
1221
Visteon
VC
$2.79B
| $29.4M | 0.01% |
428,894
+3,379
| +0.8% | +$212K |
|
|
STAY
1222
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $29.4M | 0.01% |
2,624,349
-74,137
| -3% | -$777K |
|
1223
Dorman Products
DORM
$4.12B
| $29.2M | 0.01% |
435,868
-4,976
| -1% | -$320K |
|
1224
Bread Financial
BFH
$4.39B
| $29.2M | 0.01% |
811,739
-101,094
| -11% | -$3.59M |
|
1225
TG Therapeutics
TGTX
$7.63B
| $29.2M | 0.01% |
1,500,547
+160,014
| +12% | +$2.58M |
|
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.