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 | |
|---|---|---|---|---|---|---|
|
TRHC
1626
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $16.7M | ﹤0.01% |
304,652
+13,640
| +5% | +$780K |
|
1627
Carpenter Technology
CRS
$27.7B
| $16.6M | ﹤0.01% |
685,483
+8,171
| +1% | +$181K |
|
1628
Cerus
CERS
$468M
| $16.6M | ﹤0.01% |
2,515,785
+155,990
| +7% | +$894K |
|
|
UFS
1629
DELISTED
DOMTAR CORPORATION (New)
UFS
| $16.6M | ﹤0.01% |
785,972
+118,196
| +18% | +$2.57M |
|
1630
Helios Technologies
HLIO
$2.72B
| $16.6M | ﹤0.01% |
445,377
+3,862
| +0.9% | +$132K |
|
1631
Graham Holdings Company
GHC
$5.06B
| $16.6M | ﹤0.01% |
48,396
-1,093
| -2% | -$384K |
|
|
ARGO
1632
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $16.6M | ﹤0.01% |
475,628
-2,891
| -0.6% | -$96.4K |
|
1633
Mativ Holdings
MATV
$644M
| $16.5M | ﹤0.01% |
495,242
-7,321
| -1% | -$220K |
|
1634
Urban Outfitters
URBN
$6.65B
| $16.5M | ﹤0.01% |
1,086,498
+218,962
| +25% | +$3.75M |
|
1635
PJT Partners
PJT
$4.42B
| $16.4M | ﹤0.01% |
320,357
+2,813
| +0.9% | +$139K |
|
1636
Laureate Education
LAUR
$5.14B
| $16.4M | ﹤0.01% |
1,649,107
+29,825
| +2% | +$289K |
|
1637
Seacoast Banking Corp of Florida
SBCF
$3.34B
| $16.4M | ﹤0.01% |
802,835
+40,662
| +5% | +$826K |
|
|
GMS
1638
DELISTED
GMS Inc
GMS
| $16.4M | ﹤0.01% |
665,696
+42,638
| +7% | +$813K |
|
1639
Kadant
KAI
$3.95B
| $16.3M | ﹤0.01% |
163,352
+6,715
| +4% | +$598K |
|
|
ONEM
1640
DELISTED
1Life Healthcare
ONEM
| $16.3M | ﹤0.01% |
447,834
+244,878
| +121% | +$6.9M |
|
1641
Nelnet
NNI
$4.85B
| $16.2M | ﹤0.01% |
339,857
-1,555
| -0.5% | -$72.8K |
|
|
NSTG
1642
DELISTED
NanoString Technologies, Inc.
NSTG
| $16.2M | ﹤0.01% |
552,538
+30,929
| +6% | +$921K |
|
|
CLR
1643
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $16.2M | ﹤0.01% |
923,218
+2,864
| +0.3% | +$40.2K |
|
1644
Digital Turbine
APPS
$1.73B
| $16.2M | ﹤0.01% |
1,287,206
-96,925
| -7% | -$677K |
|
1645
PG&E
PCG
$37.4B
| $16.2M | ﹤0.01% |
1,823,844
+398,576
| +28% | +$4.34M |
|
1646
Antero Midstream
AM
$10.2B
| $16.1M | ﹤0.01% |
3,159,172
-2,515
| -0.1% | -$11.1K |
|
1647
Sonos
SONO
$1.83B
| $16.1M | ﹤0.01% |
1,101,137
-3,440
| -0.3% | -$36.5K |
|
1648
City Holding Co
CHCO
$2.04B
| $16.1M | ﹤0.01% |
246,374
+2,535
| +1% | +$161K |
|
1649
Heartland Express
HTLD
$952M
| $16M | ﹤0.01% |
769,842
+14,463
| +2% | +$290K |
|
1650
OceanFirst Financial
OCFC
$1.92B
| $16M | ﹤0.01% |
907,990
+43,341
| +5% | +$694K |
|
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.