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 | |
|---|---|---|---|---|---|---|
|
CWBC
2701
Community West Bancshares
CWBC
$691M
| $2.6M | ﹤0.01% |
168,781
+65
| +0% | +$900 |
|
2702
Gogo Inc
GOGO
$606M
| $2.58M | ﹤0.01% |
818,246
-480
| -0.1% | -$1.03K |
|
2703
Spok Holdings
SPOK
$232M
| $2.58M | ﹤0.01% |
276,388
+7,520
| +3% | +$77.9K |
|
|
GRTS
2704
DELISTED
Gritstone bio, Inc. Common Stock
GRTS
| $2.58M | ﹤0.01% |
388,932
+59,356
| +18% | +$400K |
|
2705
Diageo
DEO
$49.2B
| $2.57M | ﹤0.01% |
19,129
-10,483
| -35% | -$1.44M |
|
|
TDAY
2706
USA Today Co
TDAY
$1.32B
| $2.56M | ﹤0.01% |
1,856,932
+157,615
| +9% | +$208K |
|
|
ITIC
2707
Investors Title Co
ITIC
$551M
| $2.56M | ﹤0.01% |
21,116
+189
| +0.9% | +$23.6K |
|
2708
Universal Technical Institute
UTI
$2.28B
| $2.54M | ﹤0.01% |
365,959
+179,015
| +96% | +$1.17M |
|
2709
Red River Bancshares
RRBI
$670M
| $2.54M | ﹤0.01% |
57,889
+28,433
| +97% | +$1.11M |
|
2710
Nathan's Famous
NATH
$403M
| $2.53M | ﹤0.01% |
45,065
+271
| +0.6% | +$15.4K |
|
2711
Dyadic International
DYAI
$38.6M
| $2.53M | ﹤0.01% |
292,598
+117,115
| +67% | +$779K |
|
2712
Grid Dynamics Holdings
GDYN
$553M
| $2.53M | ﹤0.01% |
+367,174
| New | +$3.01M |
|
2713
Movado Group
MOV
$866M
| $2.53M | ﹤0.01% |
233,520
+4,544
| +2% | +$49K |
|
|
CPLG
2714
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $2.53M | ﹤0.01% |
600,932
-137,686
| -19% | -$538K |
|
|
HMTV
2715
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $2.53M | ﹤0.01% |
257,100
+9,290
| +4% | +$84.9K |
|
2716
Exicure
XCUR
$10.1M
| $2.52M | ﹤0.01% |
6,874
+2,682
| +64% | +$972K |
|
2717
Universal Logistics Holdings
ULH
$480M
| $2.5M | ﹤0.01% |
144,172
-971
| -0.7% | -$13.8K |
|
2718
RPC Inc
RES
$1.28B
| $2.5M | ﹤0.01% |
811,692
+12,553
| +2% | +$38.2K |
|
2719
Fulgent Genetics
FLGT
$500M
| $2.5M | ﹤0.01% |
156,237
+59,131
| +61% | +$905K |
|
|
LTRPA
2720
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $2.5M | ﹤0.01% |
1,172,344
+14,691
| +1% | +$33.5K |
|
2721
Oil-Dri
ODC
$1.41B
| $2.49M | ﹤0.01% |
143,718
+4,516
| +3% | +$78.2K |
|
2722
FS Bancorp
FSBW
$314M
| $2.49M | ﹤0.01% |
129,168
+3,140
| +2% | +$61.2K |
|
2723
SSR Mining
SSRM
$5.6B
| $2.48M | ﹤0.01% |
116,432
-5,384
| -4% | -$96.6K |
|
|
OTRK
2724
DELISTED
Ontrak
OTRK
| $2.48M | ﹤0.01% |
1,114
+1
| +0.1% | +$2.01K |
|
|
GPOR
2725
DELISTED
Gulfport Energy Corp.
GPOR
| $2.48M | ﹤0.01% |
2,272,657
-130,499
| -5% | -$195K |
|
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.