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 | |
|---|---|---|---|---|---|---|
|
LJPC
2926
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $1.69M | ﹤0.01% |
396,864
+81,586
| +26% | +$497K |
|
2927
FVCBankcorp
FVCB
$338M
| $1.69M | ﹤0.01% |
196,001
-874
| -0.4% | -$7.66K |
|
|
PCTI
2928
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $1.68M | ﹤0.01% |
252,343
+105,665
| +72% | +$675K |
|
|
BELFB
2929
Bel Fuse Inc Class B
BELFB
$3.83B
| $1.68M | ﹤0.01% |
156,910
+41
| +0% | +$375 |
|
|
FARM
2930
DELISTED
Farmer Brothers
FARM
| $1.68M | ﹤0.01% |
228,804
+41,768
| +22% | +$336K |
|
2931
IDT Corp
IDT
$1.65B
| $1.68M | ﹤0.01% |
257,091
+1,531
| +0.6% | +$9.02K |
|
2932
Graham Corp
GHM
$1.14B
| $1.68M | ﹤0.01% |
131,644
+3,193
| +2% | +$39K |
|
|
ESSA
2933
DELISTED
ESSA Bancorp
ESSA
| $1.67M | ﹤0.01% |
120,170
+15,468
| +15% | +$200K |
|
2934
Bankwell Financial Group
BWFG
$543M
| $1.67M | ﹤0.01% |
104,989
+4,131
| +4% | +$61.3K |
|
|
HOOK
2935
DELISTED
HOOKIPA Pharma
HOOK
| $1.67M | ﹤0.01% |
14,352
+3,337
| +30% | +$325K |
|
2936
Century Casinos
CNTY
$36.6M
| $1.66M | ﹤0.01% |
400,232
+1,181
| +0.3% | +$4.95K |
|
|
PR
2937
Permian Resources
PR
$17.4B
| $1.66M | ﹤0.01% |
1,861,476
-730,258
| -28% | -$642K |
|
2938
Red Violet
RDVT
$981M
| $1.66M | ﹤0.01% |
93,834
+42,468
| +83% | +$794K |
|
|
FRBK
2939
DELISTED
Republic First Bancorp Inc
FRBK
| $1.66M | ﹤0.01% |
678,307
-17,400
| -3% | -$40.1K |
|
2940
Atomera
ATOM
$206M
| $1.65M | ﹤0.01% |
183,869
+92,830
| +102% | +$636K |
|
2941
CB Financial Services
CBFV
$186M
| $1.65M | ﹤0.01% |
75,832
+31,030
| +69% | +$693K |
|
2942
Escalade
ESCA
$293M
| $1.65M | ﹤0.01% |
118,516
+8,363
| +8% | +$77.5K |
|
|
VOXX
2943
DELISTED
VOXX International Corporation Class A
VOXX
| $1.65M | ﹤0.01% |
284,757
+145,906
| +105% | +$725K |
|
2944
Tower Semiconductor
TSEM
$26.3B
| $1.64M | ﹤0.01% |
85,953
+1,195
| +1% | +$22.9K |
|
|
GPX
2945
DELISTED
GP Strategies Corp.
GPX
| $1.64M | ﹤0.01% |
190,777
+730
| +0.4% | +$5.25K |
|
2946
Lexicon Pharmaceuticals
LXRX
$1.03B
| $1.63M | ﹤0.01% |
818,875
+132,573
| +19% | +$260K |
|
|
AAIC
2947
DELISTED
Arlington Asset Investment Corp.
AAIC
| $1.63M | ﹤0.01% |
549,639
-16,704
| -3% | -$44.7K |
|
2948
TotalEnergies
TTE
$194B
| $1.62M | ﹤0.01% |
42,240
+14,653
| +53% | +$543K |
|
2949
IDEAYA Biosciences
IDYA
$3.39B
| $1.62M | ﹤0.01% |
+114,256
| New | +$900K |
|
2950
Globalstar
GSAT
$10.8B
| $1.62M | ﹤0.01% |
330,682
+1,230
| +0.4% | +$5.84K |
|
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.