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 | |
|---|---|---|---|---|---|---|
2576
ADMA Biologics
ADMA
$2.03B
| $3.19M | ﹤0.01% |
1,088,995
-44,989
| -4% | -$129K |
|
|
GNTY
2577
DELISTED
Guaranty Bancshares
GNTY
| $3.19M | ﹤0.01% |
135,652
-5,328
| -4% | -$120K |
|
2578
Toyota
TM
$220B
| $3.18M | ﹤0.01% |
25,346
+4,136
| +20% | +$513K |
|
2579
Farmers & Merchants Bancorp
FMAO
$462M
| $3.18M | ﹤0.01% |
149,903
+13,482
| +10% | +$298K |
|
2580
AMC Entertainment Holdings
AMC
$2.54B
| $3.17M | ﹤0.01% |
73,879
+2,053
| +3% | +$89.8K |
|
2581
SoundThinking
SSTI
$102M
| $3.16M | ﹤0.01% |
125,592
+1,930
| +2% | +$51.8K |
|
|
QTNT
2582
DELISTED
Quotient Limited Ordinary Shares
QTNT
| $3.16M | ﹤0.01% |
10,683
+9,332
| +691% | +$2.69M |
|
|
CCRD
2583
DELISTED
CoreCard
CCRD
| $3.16M | ﹤0.01% |
92,747
+7,179
| +8% | +$240K |
|
|
CBPO
2584
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $3.16M | ﹤0.01% |
30,916
+2,914
| +10% | +$312K |
|
2585
First Capital
FCAP
$222M
| $3.16M | ﹤0.01% |
45,439
+2,277
| +5% | +$134K |
|
2586
Tidewater
TDW
$3.55B
| $3.16M | ﹤0.01% |
564,636
+13,182
| +2% | +$74.9K |
|
2587
Lindblad Expeditions
LIND
$2.17B
| $3.14M | ﹤0.01% |
407,320
+9,778
| +2% | +$67.5K |
|
2588
Distribution Solutions Group
DSGR
$1.6B
| $3.14M | ﹤0.01% |
194,830
-1,562
| -0.8% | -$24.7K |
|
2589
Dillards
DDS
$9.57B
| $3.14M | ﹤0.01% |
121,794
-21,293
| -15% | -$602K |
|
|
TNAV
2590
DELISTED
Telenav Inc.
TNAV
| $3.14M | ﹤0.01% |
572,237
-3,597
| -0.6% | -$17.8K |
|
|
GWPH
2591
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $3.14M | ﹤0.01% |
25,584
+2,185
| +9% | +$248K |
|
|
YARW
2592
Yarrow Bioscience, Inc. Common Stock
YARW
$22.4M
| $3.13M | ﹤0.01% |
503
+372
| +284% | +$2.52M |
|
2593
Southern First Bancshares
SFST
$601M
| $3.13M | ﹤0.01% |
112,865
+508
| +0.5% | +$13.8K |
|
2594
Wave Life Sciences
WVE
$1.13B
| $3.12M | ﹤0.01% |
299,724
+5,691
| +2% | +$53.5K |
|
2595
Bridgewater Bancshares
BWB
$579M
| $3.1M | ﹤0.01% |
302,585
-302
| -0.1% | -$2.92K |
|
2596
Turning Point Brands
TPB
$1.56B
| $3.07M | ﹤0.01% |
123,214
+3,262
| +3% | +$74.9K |
|
|
FPI
2597
Farmland Partners
FPI
$418M
| $3.06M | ﹤0.01% |
447,315
+5,836
| +1% | +$38.3K |
|
2598
W&T Offshore
WTI
$522M
| $3.06M | ﹤0.01% |
1,341,791
-80,434
| -6% | -$204K |
|
|
PRTK
2599
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $3.06M | ﹤0.01% |
586,107
+12,709
| +2% | +$56.5K |
|
2600
Titan Machinery
TITN
$423M
| $3.05M | ﹤0.01% |
280,801
+3,137
| +1% | +$30K |
|
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.