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 | |
|---|---|---|---|---|---|---|
1776
Myriad Genetics
MYGN
$304M
| $13M | ﹤0.01% |
1,145,701
+41,075
| +4% | +$583K |
|
1777
Pilgrim's Pride
PPC
$6.56B
| $13M | ﹤0.01% |
768,580
-10,345
| -1% | -$202K |
|
|
LTHM
1778
DELISTED
Livent Corporation
LTHM
| $13M | ﹤0.01% |
2,104,501
+56,191
| +3% | +$354K |
|
1779
Mercury Insurance
MCY
$5.95B
| $12.9M | ﹤0.01% |
317,316
-3,674
| -1% | -$147K |
|
|
VVNT
1780
DELISTED
Vivint Smart Home, Inc. Class A Common Stock
VVNT
| $12.9M | ﹤0.01% |
+745,842
| New | +$9.36M |
|
1781
National Beverage
FIZZ
$2.99B
| $12.9M | ﹤0.01% |
422,526
-2,406
| -0.6% | -$64.9K |
|
1782
Atara Biotherapeutics
ATRA
$74.3M
| $12.9M | ﹤0.01% |
35,387
+2,278
| +7% | +$575K |
|
|
IMGN
1783
DELISTED
Immunogen Inc
IMGN
| $12.9M | ﹤0.01% |
2,795,189
+60,434
| +2% | +$257K |
|
1784
Arbor Realty Trust
ABR
$957M
| $12.8M | ﹤0.01% |
1,387,082
+658,115
| +90% | +$5.06M |
|
1785
Autohome
ATHM
$2.62B
| $12.8M | ﹤0.01% |
170,785
+4,125
| +2% | +$323K |
|
1786
Tompkins Financial
TMP
$1.44B
| $12.8M | ﹤0.01% |
197,138
+4,323
| +2% | +$282K |
|
1787
Granite Construction
GVA
$5.32B
| $12.7M | ﹤0.01% |
665,677
+13,797
| +2% | +$234K |
|
1788
Mesa Laboratories
MLAB
$565M
| $12.7M | ﹤0.01% |
58,766
+377
| +0.6% | +$86.9K |
|
1789
Nice
NICE
$5.69B
| $12.7M | ﹤0.01% |
67,313
+3,890
| +6% | +$681K |
|
1790
Virtus Investment Partners
VRTS
$1.09B
| $12.7M | ﹤0.01% |
109,271
+7,489
| +7% | +$701K |
|
1791
Century Communities
CCS
$1.96B
| $12.7M | ﹤0.01% |
414,055
+19,439
| +5% | +$464K |
|
|
SWAV
1792
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $12.7M | ﹤0.01% |
267,958
+24,098
| +10% | +$993K |
|
|
ALEX
1793
DELISTED
Alexander & Baldwin
ALEX
| $12.7M | ﹤0.01% |
1,039,004
+45,987
| +5% | +$543K |
|
1794
Provident Financial Services
PFS
$3.23B
| $12.7M | ﹤0.01% |
876,438
-1,035
| -0.1% | -$13.8K |
|
1795
John B. Sanfilippo & Son
JBSS
$976M
| $12.6M | ﹤0.01% |
148,093
+2,989
| +2% | +$254K |
|
1796
Camping World
CWH
$644M
| $12.6M | ﹤0.01% |
464,593
+11,507
| +3% | +$185K |
|
|
NP
1797
DELISTED
Neenah, Inc. Common Stock
NP
| $12.5M | ﹤0.01% |
253,480
-2,836
| -1% | -$136K |
|
|
VSTO
1798
DELISTED
Vista Outdoor Inc.
VSTO
| $12.5M | ﹤0.01% |
864,479
+47,878
| +6% | +$480K |
|
1799
Inseego
INSG
$86.3M
| $12.5M | ﹤0.01% |
107,630
+31,983
| +42% | +$3.38M |
|
1800
Kontoor Brands
KTB
$4.36B
| $12.4M | ﹤0.01% |
698,584
+64,610
| +10% | +$1.15M |
|
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.