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 | |
|---|---|---|---|---|---|---|
|
SEI
2551
Solaris Energy Infrastructure
SEI
$3.55B
| $3.32M | ﹤0.01% |
447,811
+10,835
| +2% | +$70.9K |
|
|
SCPL
2552
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $3.32M | ﹤0.01% |
223,904
-8,227
| -4% | -$101K |
|
2553
Garrett Motion
GTX
$5.77B
| $3.32M | ﹤0.01% |
599,035
+1,260
| +0.2% | +$6.15K |
|
|
SIEN
2554
DELISTED
Sientra, Inc.
SIEN
| $3.32M | ﹤0.01% |
85,753
+25,020
| +41% | +$755K |
|
2555
Alpha and Omega Semiconductor
AOSL
$985M
| $3.28M | ﹤0.01% |
301,751
+11,869
| +4% | +$122K |
|
2556
Limoneira
LMNR
$240M
| $3.27M | ﹤0.01% |
225,861
+8,669
| +4% | +$114K |
|
2557
Mercer International
MERC
$49.3M
| $3.26M | ﹤0.01% |
399,777
+4,863
| +1% | +$40.6K |
|
|
CCRN
2558
DELISTED
Cross Country Healthcare
CCRN
| $3.25M | ﹤0.01% |
528,611
+10,026
| +2% | +$61.5K |
|
2559
Precision BioSciences
DTIL
$183M
| $3.25M | ﹤0.01% |
13,029
+2,469
| +23% | +$541K |
|
2560
Hooker Furnishings Corp
HOFT
$162M
| $3.25M | ﹤0.01% |
167,337
+1,361
| +0.8% | +$21.8K |
|
2561
Applied Optoelectronics
AAOI
$10.7B
| $3.25M | ﹤0.01% |
299,000
+6,745
| +2% | +$61.8K |
|
|
OYST
2562
DELISTED
Oyster Point Pharma, Inc. Common Stock
OYST
| $3.25M | ﹤0.01% |
112,524
+20,995
| +23% | +$633K |
|
|
PCSB
2563
DELISTED
PCSB Financial Corporation
PCSB
| $3.25M | ﹤0.01% |
256,180
+9,741
| +4% | +$127K |
|
2564
Cooper-Standard Automotive
CPS
$543M
| $3.23M | ﹤0.01% |
244,126
+8,843
| +4% | +$107K |
|
2565
Business First Bancshares
BFST
$1.04B
| $3.23M | ﹤0.01% |
210,532
+34,200
| +19% | +$462K |
|
2566
Metropolitan Bank Holding Corp
MCB
$1.18B
| $3.22M | ﹤0.01% |
100,375
+3,246
| +3% | +$86.3K |
|
|
VRTV
2567
DELISTED
VERITIV CORPORATION
VRTV
| $3.21M | ﹤0.01% |
189,454
+4,384
| +2% | +$51.7K |
|
2568
Old Second Bancorp
OSBC
$1.32B
| $3.21M | ﹤0.01% |
412,240
+6,536
| +2% | +$48.4K |
|
2569
CarParts.com
PRTS
$46.6M
| $3.2M | ﹤0.01% |
37,003
+24,121
| +187% | +$1.28M |
|
2570
Hurco Companies Inc
HURC
$142M
| $3.2M | ﹤0.01% |
114,462
-239
| -0.2% | -$7.01K |
|
2571
Fossil Group
FOSL
$359M
| $3.2M | ﹤0.01% |
688,155
+14,186
| +2% | +$54.5K |
|
2572
MediciNova
MNOV
$65M
| $3.2M | ﹤0.01% |
589,893
+26,278
| +5% | +$139K |
|
|
ROCC
2573
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $3.2M | ﹤0.01% |
335,523
+127,096
| +61% | +$983K |
|
|
BPY
2574
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $3.19M | ﹤0.01% |
322,206
+7,933
| +3% | +$77.9K |
|
|
IVC
2575
DELISTED
Invacare Corporation
IVC
| $3.19M | ﹤0.01% |
500,967
-14,405
| -3% | -$96.4K |
|
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.