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 | |
|---|---|---|---|---|---|---|
1751
Strategy Inc
MSTR
$37.2B
| $13.6M | ﹤0.01% |
1,148,620
-35,050
| -3% | -$427K |
|
1752
Axcelis
ACLS
$4.2B
| $13.6M | ﹤0.01% |
487,432
-4,152
| -0.8% | -$101K |
|
1753
DNOW Inc
DNOW
$2.81B
| $13.6M | ﹤0.01% |
1,570,992
+23,066
| +1% | +$158K |
|
1754
Telus
TU
$15.5B
| $13.6M | ﹤0.01% |
811,696
+63,573
| +8% | +$1.06M |
|
1755
Sanofi
SNY
$104B
| $13.5M | ﹤0.01% |
264,983
+2,779
| +1% | +$135K |
|
1756
Employers Holdings
EIG
$908M
| $13.5M | ﹤0.01% |
447,857
-9,606
| -2% | -$296K |
|
|
FSCT
1757
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $13.4M | ﹤0.01% |
631,841
+47,672
| +8% | +$1.3M |
|
1758
Enanta Pharmaceuticals
ENTA
$388M
| $13.4M | ﹤0.01% |
266,717
+7,942
| +3% | +$411K |
|
1759
CorVel
CRVL
$3.19B
| $13.4M | ﹤0.01% |
566,163
-11,064
| -2% | -$218K |
|
1760
Interparfums
IPAR
$3.81B
| $13.4M | ﹤0.01% |
277,792
+7,664
| +3% | +$345K |
|
1761
Scholastic
SCHL
$753M
| $13.3M | ﹤0.01% |
445,410
-5,512
| -1% | -$159K |
|
1762
Stock Yards Bancorp
SYBT
$2.61B
| $13.3M | ﹤0.01% |
331,731
+3,951
| +1% | +$129K |
|
1763
TTEC Holdings
TTEC
$127M
| $13.3M | ﹤0.01% |
284,612
+4,532
| +2% | +$181K |
|
|
VBTX
1764
DELISTED
Veritex Holdings
VBTX
| $13.2M | ﹤0.01% |
747,008
+24,013
| +3% | +$390K |
|
|
AXNX
1765
DELISTED
Axonics, Inc. Common Stock
AXNX
| $13.2M | ﹤0.01% |
375,505
+124,382
| +50% | +$4.28M |
|
1766
Newmark Group
NMRK
$2.66B
| $13.2M | ﹤0.01% |
2,711,026
+45,416
| +2% | +$191K |
|
|
SAFE
1767
DELISTED
Safehold Inc.
SAFE
| $13.1M | ﹤0.01% |
228,499
+30,789
| +16% | +$1.69M |
|
1768
TriCo Bancshares
TCBK
$1.84B
| $13.1M | ﹤0.01% |
431,129
+20,273
| +5% | +$578K |
|
|
CATM
1769
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $13.1M | ﹤0.01% |
546,328
+4,641
| +0.9% | +$104K |
|
|
RTL
1770
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $13.1M | ﹤0.01% |
1,650,868
+62,115
| +4% | +$456K |
|
|
PGTI
1771
DELISTED
PGT, Inc.
PGTI
| $13.1M | ﹤0.01% |
834,678
+22,371
| +3% | +$269K |
|
1772
National Healthcare
NHC
$3.43B
| $13M | ﹤0.01% |
205,693
+231
| +0.1% | +$15.5K |
|
1773
Greif
GEF
$5.07B
| $13M | ﹤0.01% |
378,465
+4,881
| +1% | +$160K |
|
|
ATNX
1774
DELISTED
Athenex, Inc. Common Stock
ATNX
| $13M | ﹤0.01% |
47,313
+3,106
| +7% | +$657K |
|
1775
Tencent Music
TME
$15.7B
| $13M | ﹤0.01% |
973,227
+742,462
| +322% | +$8.79M |
|
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.