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 | |
|---|---|---|---|---|---|---|
1551
Chewy
CHWY
$9.59B
| $18.9M | ﹤0.01% |
421,984
-3,043
| -0.7% | -$133K |
|
1552
Sturm, Ruger & Co
RGR
$604M
| $18.8M | ﹤0.01% |
248,004
+1,331
| +0.5% | +$80.9K |
|
1553
Regenxbio
RGNX
$722M
| $18.8M | ﹤0.01% |
510,678
+20,468
| +4% | +$763K |
|
1554
ATI
ATI
$30.5B
| $18.8M | ﹤0.01% |
1,845,366
+52,538
| +3% | +$455K |
|
|
PRFT
1555
DELISTED
Perficient Inc
PRFT
| $18.8M | ﹤0.01% |
525,070
+48,981
| +10% | +$1.63M |
|
|
WDR
1556
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $18.8M | ﹤0.01% |
1,209,336
-89,816
| -7% | -$1.23M |
|
1557
Materion
MTRN
$5.79B
| $18.7M | ﹤0.01% |
304,923
-4,709
| -2% | -$238K |
|
1558
Addus HomeCare
ADUS
$2.22B
| $18.7M | ﹤0.01% |
202,453
+9,939
| +5% | +$860K |
|
|
SC
1559
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $18.7M | ﹤0.01% |
1,016,291
-90,620
| -8% | -$1.47M |
|
1560
Gentherm
THRM
$1.24B
| $18.7M | ﹤0.01% |
480,684
+13,331
| +3% | +$505K |
|
|
GLUU
1561
DELISTED
Glu Mobile Inc.
GLUU
| $18.7M | ﹤0.01% |
2,016,827
+291,411
| +17% | +$2.48M |
|
|
AMWD
1562
DELISTED
American Woodmark
AMWD
| $18.7M | ﹤0.01% |
247,013
+10,794
| +5% | +$618K |
|
|
VGR
1563
DELISTED
Vector Group Ltd.
VGR
| $18.7M | ﹤0.01% |
2,616,554
+312,902
| +14% | +$2.39M |
|
1564
Heron Therapeutics
HRTX
$94.5M
| $18.7M | ﹤0.01% |
1,268,186
+60,675
| +5% | +$997K |
|
1565
Lakeland Financial Corp
LKFN
$1.55B
| $18.6M | ﹤0.01% |
400,235
+18,911
| +5% | +$773K |
|
|
UHT
1566
Universal Health Realty Income Trust
UHT
$585M
| $18.6M | ﹤0.01% |
234,574
+954
| +0.4% | +$89.8K |
|
1567
Warner Music
WMG
$13.8B
| $18.6M | ﹤0.01% |
+631,496
| New | +$19.7M |
|
1568
Avis
CAR
$4.89B
| $18.6M | ﹤0.01% |
812,407
-43,245
| -5% | -$793K |
|
|
SJR
1569
DELISTED
Shaw Communications Inc.
SJR
| $18.6M | ﹤0.01% |
1,045,612
+55,723
| +6% | +$920K |
|
1570
Super Micro Computer
SMCI
$19B
| $18.5M | ﹤0.01% |
6,508,420
+5,980,750
| +1,133% | +$15.1M |
|
1571
Dycom Industries
DY
$12B
| $18.4M | ﹤0.01% |
449,854
+12,175
| +3% | +$421K |
|
1572
Supernus Pharmaceuticals
SUPN
$2.72B
| $18.4M | ﹤0.01% |
772,907
+14,564
| +2% | +$322K |
|
|
PDCE
1573
DELISTED
PDC Energy, Inc.
PDCE
| $18.3M | ﹤0.01% |
1,471,644
+26,151
| +2% | +$313K |
|
1574
Parsons
PSN
$5.12B
| $18.3M | ﹤0.01% |
504,643
+7,710
| +2% | +$290K |
|
1575
Cinemark Holdings
CNK
$4.4B
| $18.3M | ﹤0.01% |
1,581,453
+169,509
| +12% | +$2.3M |
|
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.