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 | |
|---|---|---|---|---|---|---|
|
SWI
1826
DELISTED
SolarWinds Corporation Common Stock
SWI
| $11.9M | ﹤0.01% |
639,177
+7,953
| +1% | +$147K |
|
|
LADR
1827
Ladder Capital
LADR
$1.21B
| $11.9M | ﹤0.01% |
1,468,875
+51,498
| +4% | +$387K |
|
1828
Southern Copper
SCCO
$161B
| $11.9M | ﹤0.01% |
324,066
+31,289
| +11% | +$991K |
|
1829
Archrock
AROC
$5.84B
| $11.9M | ﹤0.01% |
1,830,588
-100,273
| -5% | -$524K |
|
1830
3D Systems Corp
DDD
$588M
| $11.9M | ﹤0.01% |
1,696,900
+56,544
| +3% | +$423K |
|
|
KDMN
1831
DELISTED
Kadmon Holdings, Inc.
KDMN
| $11.8M | ﹤0.01% |
2,311,830
+60,977
| +3% | +$273K |
|
1832
NETGEAR
NTGR
$652M
| $11.8M | ﹤0.01% |
456,860
-340
| -0.1% | -$8.28K |
|
1833
Schneider National
SNDR
$6.17B
| $11.8M | ﹤0.01% |
478,549
+14,672
| +3% | +$323K |
|
1834
Atlanta Braves Holdings Series B
BATRK
$3.13B
| $11.8M | ﹤0.01% |
597,429
+9,201
| +2% | +$183K |
|
1835
TSMC
TSM
$2.17T
| $11.8M | ﹤0.01% |
206,720
-21,056
| -9% | -$1.11M |
|
|
TCDA
1836
DELISTED
Tricida, Inc. Common Stock
TCDA
| $11.8M | ﹤0.01% |
428,429
+35,581
| +9% | +$969K |
|
1837
Simulations Plus
SLP
$371M
| $11.8M | ﹤0.01% |
196,709
+15,540
| +9% | +$684K |
|
|
ENDP
1838
DELISTED
Endo International plc
ENDP
| $11.8M | ﹤0.01% |
3,429,733
+114,087
| +3% | +$437K |
|
1839
Tactile Systems Technology
TCMD
$651M
| $11.8M | ﹤0.01% |
283,841
+3,758
| +1% | +$176K |
|
|
IGMS
1840
DELISTED
IGM Biosciences
IGMS
| $11.7M | ﹤0.01% |
160,903
+9,384
| +6% | +$570K |
|
|
CNST
1841
DELISTED
Constellation Pharmaceuticals, Inc.
CNST
| $11.7M | ﹤0.01% |
388,968
+103,179
| +36% | +$3.72M |
|
1842
First Commonwealth Financial
FCF
$2.17B
| $11.7M | ﹤0.01% |
1,408,486
+28,417
| +2% | +$240K |
|
1843
National Bank Holdings
NBHC
$1.91B
| $11.6M | ﹤0.01% |
431,159
+5,980
| +1% | +$152K |
|
1844
Algonquin Power & Utilities
AQN
$4.43B
| $11.6M | ﹤0.01% |
897,044
+63,835
| +8% | +$873K |
|
1845
Warrior Met Coal
HCC
$4.73B
| $11.6M | ﹤0.01% |
750,864
+30,670
| +4% | +$418K |
|
1846
Marcus & Millichap
MMI
$1.2B
| $11.5M | ﹤0.01% |
398,352
+3,217
| +0.8% | +$90.7K |
|
1847
Rocket Pharmaceuticals
RCKT
$387M
| $11.5M | ﹤0.01% |
549,048
+29,592
| +6% | +$534K |
|
1848
TechTarget
TTGT
$312M
| $11.5M | ﹤0.01% |
382,596
+10,763
| +3% | +$271K |
|
1849
Douglas Dynamics
PLOW
$1.04B
| $11.5M | ﹤0.01% |
327,106
+10,932
| +3% | +$379K |
|
1850
PC Connection
CNXN
$2.19B
| $11.5M | ﹤0.01% |
247,564
+2,784
| +1% | +$117K |
|
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.