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 | |
|---|---|---|---|---|---|---|
|
NKLA
1576
DELISTED
Nikola Corporation Common Stock
NKLA
| $18.2M | ﹤0.01% |
+8,996
| New | +$8.67M |
|
1577
Group 1 Automotive
GPI
$3.23B
| $18.2M | ﹤0.01% |
275,946
-7,789
| -3% | -$446K |
|
1578
Kite Realty
KRG
$5.35B
| $18.1M | ﹤0.01% |
1,571,462
+8,649
| +0.6% | +$86.9K |
|
1579
Coeur Mining
CDE
$16.1B
| $18.1M | ﹤0.01% |
3,569,719
+222,659
| +7% | +$1.01M |
|
1580
ICF International
ICFI
$1.54B
| $18.1M | ﹤0.01% |
279,205
+8,230
| +3% | +$539K |
|
1581
CBIZ
CBZ
$2.96B
| $18.1M | ﹤0.01% |
754,345
+5,278
| +0.7% | +$120K |
|
1582
Bilibili
BILI
$7.81B
| $18.1M | ﹤0.01% |
392,002
+278,469
| +245% | +$9.04M |
|
|
SYKE
1583
DELISTED
SYKES Enterprises Inc
SYKE
| $18M | ﹤0.01% |
652,476
-4,498
| -0.7% | -$122K |
|
1584
Champion Homes
SKY
$5.02B
| $18M | ﹤0.01% |
741,137
+8,181
| +1% | +$170K |
|
1585
Range Resources
RRC
$9.01B
| $18M | ﹤0.01% |
3,196,996
+139,837
| +5% | +$776K |
|
|
CYBR
1586
DELISTED
CyberArk
CYBR
| $17.9M | ﹤0.01% |
181,088
+6,133
| +4% | +$597K |
|
1587
Methode Electronics
MEI
$585M
| $17.9M | ﹤0.01% |
573,763
+12,473
| +2% | +$374K |
|
1588
Terex
TEX
$7.47B
| $17.9M | ﹤0.01% |
954,859
+36,496
| +4% | +$581K |
|
|
MRSN
1589
DELISTED
Mersana Therapeutics
MRSN
| $17.8M | ﹤0.01% |
30,450
+9,258
| +44% | +$3.16M |
|
|
SASR
1590
DELISTED
Sandy Spring Bancorp Inc
SASR
| $17.8M | ﹤0.01% |
717,174
+180,777
| +34% | +$4.3M |
|
1591
TTM Technologies
TTMI
$14.2B
| $17.8M | ﹤0.01% |
1,498,089
+45,051
| +3% | +$502K |
|
1592
Liberty Latin America Class C
LILAK
$1.72B
| $17.7M | ﹤0.01% |
2,191,303
+69,952
| +3% | +$595K |
|
|
CORE
1593
DELISTED
Core Mark Holding Co., Inc.
CORE
| $17.6M | ﹤0.01% |
706,141
+1,916
| +0.3% | +$51.3K |
|
1594
M/I Homes
MHO
$3.71B
| $17.5M | ﹤0.01% |
508,659
+11,647
| +2% | +$319K |
|
1595
Gray Television
GTN
$440M
| $17.5M | ﹤0.01% |
1,254,305
+34,243
| +3% | +$439K |
|
1596
Marten Transport
MRTN
$1.21B
| $17.5M | ﹤0.01% |
1,042,547
+4,313
| +0.4% | +$67.8K |
|
|
SIX
1597
DELISTED
Six Flags Entertainment Corp.
SIX
| $17.5M | ﹤0.01% |
910,106
+6,933
| +0.8% | +$138K |
|
1598
Goosehead Insurance
GSHD
$2.37B
| $17.4M | ﹤0.01% |
232,028
-4,053
| -2% | -$235K |
|
1599
DigitalBridge
DBRG
$2.95B
| $17.4M | ﹤0.01% |
1,815,564
+366,168
| +25% | +$3.18M |
|
|
AAWW
1600
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $17.4M | ﹤0.01% |
404,568
+31,609
| +8% | +$1.11M |
|
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.