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 | |
|---|---|---|---|---|---|---|
|
TELL
2776
DELISTED
Tellurian Inc.
TELL
| $2.25M | ﹤0.01% |
1,953,038
+465,605
| +31% | +$589K |
|
2777
Ambev
ABEV
$47.1B
| $2.24M | ﹤0.01% |
848,128
-40,488
| -5% | -$95.5K |
|
2778
Rayonier Advanced Materials
RYAM
$608M
| $2.24M | ﹤0.01% |
796,232
+107,883
| +16% | +$207K |
|
|
EXTN
2779
DELISTED
Exterran Corporation
EXTN
| $2.24M | ﹤0.01% |
415,034
+14,408
| +4% | +$81.7K |
|
2780
Park-Ohio Holdings
PKOH
$581M
| $2.23M | ﹤0.01% |
134,653
-1,497
| -1% | -$23.5K |
|
2781
Costamare
CMRE
$1.87B
| $2.23M | ﹤0.01% |
401,602
+945
| +0.2% | +$4.61K |
|
2782
Genasys
GNSS
$78.3M
| $2.23M | ﹤0.01% |
459,362
+282,412
| +160% | +$1.25M |
|
2783
Nomad Foods
NOMD
$1.68B
| $2.22M | ﹤0.01% |
103,587
+4,581
| +5% | +$95.5K |
|
|
CAJ
2784
DELISTED
Canon, Inc.
CAJ
| $2.22M | ﹤0.01% |
111,184
-27,811
| -20% | -$576K |
|
2785
Alta Equipment Group
ALTG
$227M
| $2.21M | ﹤0.01% |
285,317
+262,160
| +1,132% | +$1.62M |
|
|
SMMF
2786
DELISTED
Summit Financial Group, Inc.
SMMF
| $2.21M | ﹤0.01% |
134,447
+4,577
| +4% | +$75.2K |
|
2787
Talos Energy
TALO
$2.48B
| $2.21M | ﹤0.01% |
240,381
-76,835
| -24% | -$800K |
|
2788
Victory Capital Holdings
VCTR
$6.49B
| $2.21M | ﹤0.01% |
128,496
-26
| -0% | -$408 |
|
|
STEX
2789
Streamex Corp
STEX
$78.1M
| $2.21M | ﹤0.01% |
30,633
+8,101
| +36% | +$705K |
|
2790
Investar Holding Corp
ISTR
$415M
| $2.18M | ﹤0.01% |
150,635
+14,752
| +11% | +$188K |
|
2791
Verrica Pharmaceuticals
VRCA
$90.2M
| $2.17M | ﹤0.01% |
19,752
+1,745
| +10% | +$202K |
|
|
KZR
2792
DELISTED
Kezar Life Sciences
KZR
| $2.17M | ﹤0.01% |
41,900
-352
| -0.8% | -$17.8K |
|
|
HARP
2793
DELISTED
Harpoon Therapeutics, Inc. Common Stock
HARP
| $2.17M | ﹤0.01% |
13,068
+3,115
| +31% | +$486K |
|
|
MGI
2794
DELISTED
MoneyGram International, Inc. New
MGI
| $2.17M | ﹤0.01% |
675,170
+395,708
| +142% | +$855K |
|
|
CHMI
2795
Cherry Hill Mortgage Investment Corp
CHMI
$85.2M
| $2.17M | ﹤0.01% |
240,144
-6,952
| -3% | -$53.4K |
|
|
BEST
2796
DELISTED
BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
| $2.17M | ﹤0.01% |
25,475
-36
| -0.1% | -$3.7K |
|
|
AMRN
2797
Amarin Corp
AMRN
$297M
| $2.16M | ﹤0.01% |
15,595
+1,674
| +12% | +$230K |
|
|
PFBI
2798
DELISTED
Premier Financial Bancorp
PFBI
| $2.16M | ﹤0.01% |
168,318
+3,035
| +2% | +$37.6K |
|
|
PLYA
2799
DELISTED
Playa Hotels & Resorts
PLYA
| $2.15M | ﹤0.01% |
595,386
+12,711
| +2% | +$34.4K |
|
2800
Atlanta Braves Holdings Series A
BATRA
$3.49B
| $2.14M | ﹤0.01% |
106,778
+17,998
| +20% | +$366K |
|
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.