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 | |
|---|---|---|---|---|---|---|
|
AVYA
1676
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $15.4M | ﹤0.01% |
1,244,882
-109,338
| -8% | -$1.26M |
|
1677
Piper Sandler
PIPR
$5.02B
| $15.4M | ﹤0.01% |
1,039,968
+53,228
| +5% | +$750K |
|
1678
US Physical Therapy
USPH
$1.16B
| $15.4M | ﹤0.01% |
189,810
+3,626
| +2% | +$264K |
|
1679
Huron Consulting
HURN
$2.39B
| $15.3M | ﹤0.01% |
346,869
+11,333
| +3% | +$511K |
|
|
SRNE
1680
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $15.3M | ﹤0.01% |
2,437,121
+606,455
| +33% | +$2.32M |
|
1681
Park National Corp
PRK
$3.71B
| $15.3M | ﹤0.01% |
217,040
+22,719
| +12% | +$1.66M |
|
|
BRMK
1682
DELISTED
Broadmark Realty Capital Inc. Common Stock
BRMK
| $15.2M | ﹤0.01% |
+1,606,632
| New | +$13.6M |
|
|
BBBY
1683
Bed Bath & Beyond
BBBY
$429M
| $15.2M | ﹤0.01% |
588,069
+2,119
| +0.4% | +$31.1K |
|
1684
Kinross Gold
KGC
$30.4B
| $15.2M | ﹤0.01% |
2,109,993
+179,011
| +9% | +$1.16M |
|
1685
Encore Capital Group
ECPG
$2.1B
| $15.2M | ﹤0.01% |
444,127
+12,546
| +3% | +$374K |
|
1686
Enviri
NVRI
$630M
| $15.2M | ﹤0.01% |
1,121,895
+33,277
| +3% | +$334K |
|
1687
Universal Corp
UVV
$1.27B
| $15.2M | ﹤0.01% |
356,435
+10,840
| +3% | +$477K |
|
1688
Theravance Biopharma
TBPH
$877M
| $15.1M | ﹤0.01% |
721,433
+2,361
| +0.3% | +$60.6K |
|
1689
Sphere Entertainment
SPHR
$5.54B
| $15.1M | ﹤0.01% |
+201,028
| New | +$15.5M |
|
1690
Zai Lab
ZLAB
$2.36B
| $15.1M | ﹤0.01% |
184,407
+54,861
| +42% | +$3.71M |
|
1691
Lantheus
LNTH
$6.6B
| $15M | ﹤0.01% |
1,052,361
+413,730
| +65% | +$5.47M |
|
|
SWCH
1692
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $15M | ﹤0.01% |
844,433
+119,312
| +16% | +$2.09M |
|
1693
Workhorse Group
WKHS
$35.2M
| $15M | ﹤0.01% |
288
+141
| +96% | +$1.53M |
|
1694
Virgin Galactic
SPCE
$377M
| $15M | ﹤0.01% |
45,949
+15,247
| +50% | +$5.01M |
|
|
FBC
1695
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $15M | ﹤0.01% |
509,559
+13,755
| +3% | +$352K |
|
1696
PBF Energy
PBF
$7.26B
| $14.9M | ﹤0.01% |
1,459,543
+233,112
| +19% | +$2.33M |
|
|
SCS
1697
DELISTED
Steelcase
SCS
| $14.9M | ﹤0.01% |
1,236,745
-1,808
| -0.1% | -$19.8K |
|
|
LNW
1698
DELISTED
Light & Wonder
LNW
| $14.9M | ﹤0.01% |
964,434
+33,376
| +4% | +$436K |
|
1699
ePlus
PLUS
$2.36B
| $14.9M | ﹤0.01% |
421,758
+2,548
| +0.6% | +$87K |
|
|
MODN
1700
DELISTED
MODEL N, INC.
MODN
| $14.9M | ﹤0.01% |
428,417
+12,703
| +3% | +$370K |
|
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.