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 | |
|---|---|---|---|---|---|---|
2601
Park Aerospace
PKE
$790M
| $3.03M | ﹤0.01% |
272,345
+7,263
| +3% | +$90.3K |
|
2602
Ceco Environmental
CECO
$4.14B
| $3.03M | ﹤0.01% |
460,058
+18,012
| +4% | +$97.6K |
|
|
FPRX
2603
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $3.03M | ﹤0.01% |
496,260
-42,529
| -8% | -$175K |
|
|
SRGA
2604
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $3.03M | ﹤0.01% |
31,720
+1,434
| +5% | +$107K |
|
2605
Clear Channel Outdoor Holdings
CCO
$1.24B
| $3.02M | ﹤0.01% |
2,901,866
-298,618
| -9% | -$281K |
|
2606
MetroCity Bankshares
MCBS
$1.02B
| $3.02M | ﹤0.01% |
210,498
+115,874
| +122% | +$1.31M |
|
2607
Donegal Group Class A
DGICA
$724M
| $3.01M | ﹤0.01% |
211,677
+7,745
| +4% | +$111K |
|
|
RVI
2608
DELISTED
Retail Value Inc. Common Shares
RVI
| $3.01M | ﹤0.01% |
2,649,914
-369,953
| -12% | -$419K |
|
2609
Alphatec Holdings
ATEC
$1.57B
| $3M | ﹤0.01% |
639,464
+52,592
| +9% | +$232K |
|
2610
GrowGeneration
GRWG
$88.9M
| $3M | ﹤0.01% |
438,430
+414,689
| +1,747% | +$2.28M |
|
2611
NN Inc
NNBR
$280M
| $2.99M | ﹤0.01% |
631,457
+21,385
| +4% | +$74.7K |
|
|
TBCH
2612
Turtle Beach Corp
TBCH
$257M
| $2.99M | ﹤0.01% |
203,307
+91,482
| +82% | +$944K |
|
|
TACO
2613
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $2.99M | ﹤0.01% |
504,231
+14,355
| +3% | +$79.6K |
|
|
HUYA
2614
Huya Inc
HUYA
$579M
| $2.99M | ﹤0.01% |
161,179
+10,294
| +7% | +$172K |
|
2615
Amalgamated Financial
AMAL
$1.47B
| $2.99M | ﹤0.01% |
236,328
+21,396
| +10% | +$227K |
|
2616
RBB Bancorp
RBB
$450M
| $2.98M | ﹤0.01% |
218,440
+10,086
| +5% | +$130K |
|
|
EBTC
2617
DELISTED
Enterprise Bancorp
EBTC
| $2.97M | ﹤0.01% |
124,734
+6,392
| +5% | +$148K |
|
|
ICAD
2618
DELISTED
iCAD Inc
ICAD
| $2.96M | ﹤0.01% |
296,634
+146,071
| +97% | +$1.58M |
|
2619
First Bancorp
FNLC
$402M
| $2.95M | ﹤0.01% |
136,058
+10,969
| +9% | +$226K |
|
|
TGH
2620
DELISTED
Textainer Group Holdings limited
TGH
| $2.95M | ﹤0.01% |
360,224
+33,334
| +10% | +$273K |
|
|
DSKE
2621
DELISTED
Daseke, Inc. Common Stock
DSKE
| $2.94M | ﹤0.01% |
748,095
+8,022
| +1% | +$17.7K |
|
|
MRNS
2622
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $2.94M | ﹤0.01% |
289,043
+4,550
| +2% | +$41.9K |
|
|
CONN
2623
DELISTED
Conn's Inc.
CONN
| $2.93M | ﹤0.01% |
290,565
+12,544
| +5% | +$82.9K |
|
|
AFMD
2624
DELISTED
Affimed
AFMD
| $2.93M | ﹤0.01% |
63,459
+269
| +0.4% | +$7.49K |
|
|
NPKI
2625
NPK International
NPKI
$1.13B
| $2.93M | ﹤0.01% |
1,312,196
+28,560
| +2% | +$48.4K |
|
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.