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 | |
|---|---|---|---|---|---|---|
1651
CryoPort
CYRX
$741M
| $16M | ﹤0.01% |
528,992
+18,229
| +4% | +$406K |
|
|
CHCT
1652
Community Healthcare Trust
CHCT
$446M
| $16M | ﹤0.01% |
391,151
+93,036
| +31% | +$3.48M |
|
1653
Vir Biotechnology
VIR
$1.48B
| $16M | ﹤0.01% |
389,423
+273,143
| +235% | +$9.17M |
|
|
CSW
1654
CSW Industrials
CSW
$5.67B
| $15.9M | ﹤0.01% |
230,743
+955
| +0.4% | +$64.5K |
|
|
CVA
1655
DELISTED
Covanta Holding Corporation
CVA
| $15.9M | ﹤0.01% |
1,662,074
+42,071
| +3% | +$360K |
|
1656
TriMas Corp
TRS
$1.45B
| $15.9M | ﹤0.01% |
665,480
-31
| -0% | -$712 |
|
1657
Alector
ALEC
$203M
| $15.9M | ﹤0.01% |
651,854
+98,830
| +18% | +$2.73M |
|
|
ECHO
1658
EchoStar
ECHO
$25.3B
| $15.9M | ﹤0.01% |
569,628
+8,099
| +1% | +$246K |
|
1659
StoneX
SNEX
$8.07B
| $15.9M | ﹤0.01% |
1,465,229
+19,014
| +1% | +$165K |
|
|
SGMO
1660
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $15.9M | ﹤0.01% |
1,772,502
+83,477
| +5% | +$774K |
|
1661
Eagle Bancorp
EGBN
$849M
| $15.8M | ﹤0.01% |
483,877
-9,965
| -2% | -$318K |
|
1662
Madrigal Pharmaceuticals
MDGL
$11.8B
| $15.7M | ﹤0.01% |
138,790
-130
| -0.1% | -$12.8K |
|
1663
Empire State Realty Trust
ESRT
$843M
| $15.7M | ﹤0.01% |
2,242,690
-30,796
| -1% | -$238K |
|
1664
BancFirst
BANF
$3.81B
| $15.7M | ﹤0.01% |
386,065
+6,042
| +2% | +$222K |
|
|
MAXR
1665
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $15.6M | ﹤0.01% |
871,219
+30,289
| +4% | +$392K |
|
|
CSR
1666
Centerspace
CSR
$940M
| $15.6M | ﹤0.01% |
220,846
+53,466
| +32% | +$3.42M |
|
1667
Astec Industries
ASTE
$1.02B
| $15.6M | ﹤0.01% |
336,143
+4,449
| +1% | +$183K |
|
1668
JELD-WEN Holding
JELD
$154M
| $15.5M | ﹤0.01% |
964,828
+32,553
| +3% | +$429K |
|
|
CVGW
1669
DELISTED
Calavo Growers
CVGW
| $15.5M | ﹤0.01% |
246,234
+8,376
| +4% | +$502K |
|
|
YMAB
1670
DELISTED
Y-mAbs Therapeutics
YMAB
| $15.5M | ﹤0.01% |
358,563
+51,241
| +17% | +$1.94M |
|
|
FOCS
1671
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $15.5M | ﹤0.01% |
468,686
+19,433
| +4% | +$486K |
|
1672
Transocean
RIG
$5.71B
| $15.4M | ﹤0.01% |
8,442,008
+1,778,092
| +27% | +$2.76M |
|
1673
Pan American Silver
PAAS
$20.2B
| $15.4M | ﹤0.01% |
508,517
+302,404
| +147% | +$7.17M |
|
1674
Bloomin' Brands
BLMN
$931M
| $15.4M | ﹤0.01% |
1,445,345
+40,083
| +3% | +$415K |
|
1675
Stride
LRN
$3.4B
| $15.4M | ﹤0.01% |
565,312
+18,988
| +3% | +$457K |
|
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.