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 | |
|---|---|---|---|---|---|---|
1701
AMC Global Media
AMCX
$490M
| $14.9M | ﹤0.01% |
636,465
+114,593
| +22% | +$3M |
|
|
ZUO
1702
DELISTED
Zuora, Inc.
ZUO
| $14.9M | ﹤0.01% |
1,167,254
+102,360
| +10% | +$1.14M |
|
|
INVX
1703
Innovex International
INVX
$2.15B
| $14.9M | ﹤0.01% |
499,255
-4,756
| -0.9% | -$146K |
|
1704
Sinclair Inc
SBGI
$1.07B
| $14.8M | ﹤0.01% |
804,303
+42,238
| +6% | +$733K |
|
|
ADAM
1705
Adamas Trust
ADAM
$856M
| $14.7M | ﹤0.01% |
1,412,101
+71,976
| +5% | +$631K |
|
|
MODV
1706
DELISTED
ModivCare
MODV
| $14.7M | ﹤0.01% |
186,425
-12,403
| -6% | -$839K |
|
1707
Sonic Automotive
SAH
$2.68B
| $14.7M | ﹤0.01% |
460,384
+56,526
| +14% | +$1.3M |
|
|
TBIO
1708
DELISTED
Translate Bio, Inc. Common Stock
TBIO
| $14.7M | ﹤0.01% |
819,710
+234,446
| +40% | +$3.54M |
|
|
SFIX
1709
Stitch Fix
SFIX
$538M
| $14.7M | ﹤0.01% |
587,532
+115,537
| +24% | +$2.28M |
|
|
ECOL
1710
DELISTED
US Ecology, Inc.
ECOL
| $14.7M | ﹤0.01% |
432,509
+53,575
| +14% | +$1.75M |
|
1711
Usana Health Sciences
USNA
$275M
| $14.6M | ﹤0.01% |
199,414
-19,130
| -9% | -$1.5M |
|
1712
First Busey Corp
BUSE
$2.59B
| $14.6M | ﹤0.01% |
784,865
+15,194
| +2% | +$263K |
|
1713
Calix
CALX
$2.36B
| $14.5M | ﹤0.01% |
974,381
-40,345
| -4% | -$463K |
|
1714
Cheesecake Factory
CAKE
$5.34B
| $14.5M | ﹤0.01% |
632,510
-4,125
| -0.6% | -$86.8K |
|
1715
Alamo Group
ALG
$2.02B
| $14.4M | ﹤0.01% |
140,764
+4,885
| +4% | +$469K |
|
|
NXRT
1716
NexPoint Residential Trust
NXRT
$636M
| $14.4M | ﹤0.01% |
407,979
+111,469
| +38% | +$3.45M |
|
1717
Penske Automotive Group
PAG
$14.2B
| $14.3M | ﹤0.01% |
370,509
-7,260
| -2% | -$253K |
|
|
ATRI
1718
DELISTED
Atrion Corp
ATRI
| $14.3M | ﹤0.01% |
22,508
-583
| -3% | -$381K |
|
1719
Innoviva
INVA
$1.56B
| $14.3M | ﹤0.01% |
1,020,704
+21,286
| +2% | +$290K |
|
1720
Enpro
NPO
$7.12B
| $14.2M | ﹤0.01% |
288,955
-1,069
| -0.4% | -$47.3K |
|
|
REGI
1721
DELISTED
Renewable Energy Group, Inc.
REGI
| $14.2M | ﹤0.01% |
573,166
+8,467
| +1% | +$214K |
|
1722
Lindsay Corp
LNN
$1.17B
| $14.2M | ﹤0.01% |
154,029
+2,060
| +1% | +$189K |
|
|
VRTU
1723
DELISTED
Virtusa Corporation
VRTU
| $14.2M | ﹤0.01% |
437,194
+8,939
| +2% | +$277K |
|
|
WUBA
1724
DELISTED
58.com Inc
WUBA
| $14.2M | ﹤0.01% |
264,704
+5,480
| +2% | +$283K |
|
1725
AZZ Inc
AZZ
$4.53B
| $14.2M | ﹤0.01% |
413,129
-9,965
| -2% | -$305K |
|
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.