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 | |
|---|---|---|---|---|---|---|
1226
Moog Inc Class A
MOG.A
$12.8B
| $29.2M | 0.01% |
551,381
-41,001
| -7% | -$2.11M |
|
|
MANT
1227
DELISTED
Mantech International Corp
MANT
| $29.2M | 0.01% |
425,915
+4,671
| +1% | +$344K |
|
1228
Evercore
EVR
$11.8B
| $29.1M | 0.01% |
493,694
+6,764
| +1% | +$368K |
|
1229
LGI Homes
LGIH
$1.41B
| $29.1M | 0.01% |
330,432
+19,111
| +6% | +$1.34M |
|
1230
Arcosa
ACA
$7.12B
| $29.1M | 0.01% |
688,588
+14,654
| +2% | +$564K |
|
1231
Healthcare Services Group
HCSG
$1.54B
| $29M | 0.01% |
1,187,185
+14,010
| +1% | +$332K |
|
1232
Madison Square Garden
MSGS
$9.4B
| $28.9M | 0.01% |
196,974
-74,892
| -28% | -$12.4M |
|
|
SPR
1233
DELISTED
Spirit AeroSystems
SPR
| $28.9M | 0.01% |
1,205,311
-3,356
| -0.3% | -$76.1K |
|
1234
Fulton Financial
FULT
$4.66B
| $28.9M | 0.01% |
2,740,119
+40,088
| +1% | +$435K |
|
|
TWOU
1235
DELISTED
2U Inc
TWOU
| $28.8M | 0.01% |
25,300
+1,396
| +6% | +$1.25M |
|
1236
Chemours
CC
$2.4B
| $28.8M | 0.01% |
1,874,443
+1,860
| +0.1% | +$23.5K |
|
1237
Insight Enterprises
NSIT
$4.56B
| $28.7M | 0.01% |
583,772
-6,440
| -1% | -$317K |
|
1238
Evertec
EVTC
$1.79B
| $28.6M | 0.01% |
1,019,404
-4,575
| -0.4% | -$121K |
|
1239
Sunrun
RUN
$2.46B
| $28.6M | 0.01% |
1,450,478
+70,119
| +5% | +$1.07M |
|
1240
Akebia Therapeutics
AKBA
$250M
| $28.5M | 0.01% |
2,101,709
+276,943
| +15% | +$2.87M |
|
1241
Outfront Media
OUT
$5.5B
| $28.5M | 0.01% |
2,046,081
+26,675
| +1% | +$374K |
|
1242
Enovis
ENOV
$1.51B
| $28.5M | 0.01% |
592,531
+18,734
| +3% | +$827K |
|
1243
CONMED
CNMD
$1.47B
| $28.4M | 0.01% |
394,917
+9,054
| +2% | +$630K |
|
|
UNVR
1244
DELISTED
Univar Solutions Inc.
UNVR
| $28.3M | 0.01% |
1,680,333
+13,565
| +0.8% | +$195K |
|
|
BDN
1245
Brandywine Realty Trust
BDN
$560M
| $28.3M | 0.01% |
2,599,874
-107,291
| -4% | -$1.1M |
|
1246
Open Text
OTEX
$5.97B
| $28.3M | 0.01% |
668,797
+57,700
| +9% | +$2.29M |
|
|
APLS
1247
DELISTED
Apellis Pharmaceuticals
APLS
| $28.3M | 0.01% |
865,898
+37,849
| +5% | +$1.22M |
|
|
ALLK
1248
DELISTED
Allakos
ALLK
| $28.3M | 0.01% |
393,483
+40,431
| +11% | +$2.71M |
|
1249
Commault Systems
CVLT
$5.63B
| $28.3M | 0.01% |
730,598
+28,261
| +4% | +$1.12M |
|
|
AAT
1250
American Assets Trust
AAT
$1.4B
| $28.3M | 0.01% |
1,015,066
+24,022
| +2% | +$657K |
|
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.