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 | |
|---|---|---|---|---|---|---|
|
CDTX
2951
DELISTED
Cidara Therapeutics
CDTX
| $1.62M | ﹤0.01% |
21,938
+10,938
| +99% | +$709K |
|
2952
Unilever
UL
$137B
| $1.62M | ﹤0.01% |
26,227
-8,046
| -23% | -$481K |
|
2953
Auburn National Bancorp
AUBN
$91.7M
| $1.62M | ﹤0.01% |
28,332
+14,792
| +109% | +$735K |
|
2954
Harvard Bioscience
HBIO
$28.3M
| $1.61M | ﹤0.01% |
52,065
+24,715
| +90% | +$666K |
|
|
OSG
2955
DELISTED
Overseas Shipholding Group Inc.
OSG
| $1.61M | ﹤0.01% |
866,391
-9,881
| -1% | -$21.9K |
|
|
AIOT
2956
PowerFleet Inc
AIOT
$541M
| $1.61M | ﹤0.01% |
348,570
+178,497
| +105% | +$830K |
|
|
CLPR
2957
Clipper Realty
CLPR
$44.6M
| $1.6M | ﹤0.01% |
197,344
+21,357
| +12% | +$134K |
|
|
NESR
2958
National Energy Services Reunited Corp
NESR
$2.8B
| $1.59M | ﹤0.01% |
231,710
+249
| +0.1% | +$1.33K |
|
2959
Aurinia Pharmaceuticals
AUPH
$1.89B
| $1.59M | ﹤0.01% |
97,906
+1,943
| +2% | +$31.1K |
|
|
AT
2960
DELISTED
Atlantic Power Corporation
AT
| $1.58M | ﹤0.01% |
791,580
+6,944
| +0.9% | +$13.8K |
|
2961
Consolidated Water Co
CWCO
$470M
| $1.58M | ﹤0.01% |
109,684
+2,190
| +2% | +$32.1K |
|
2962
GSI Technology
GSIT
$233M
| $1.58M | ﹤0.01% |
219,780
+15,189
| +7% | +$110K |
|
|
CFRX
2963
DELISTED
ContraFect Corporation
CFRX
| $1.58M | ﹤0.01% |
3,085
+1,778
| +136% | +$873K |
|
2964
Intellicheck
IDN
$77.2M
| $1.57M | ﹤0.01% |
208,694
+114,560
| +122% | +$695K |
|
|
APTX
2965
DELISTED
Aptinyx Inc. Common Stock
APTX
| $1.56M | ﹤0.01% |
375,498
+168,653
| +82% | +$571K |
|
|
HUD
2966
DELISTED
Hudson Ltd. Class A Common Shares
HUD
| $1.56M | ﹤0.01% |
320,915
+85,140
| +36% | +$445K |
|
|
AC
2967
DELISTED
Associated Capital Group
AC
| $1.56M | ﹤0.01% |
42,754
+79
| +0.2% | +$2.83K |
|
2968
iBio
IBIO
$71.5M
| $1.56M | ﹤0.01% |
1,405
+755
| +116% | +$494K |
|
|
ICBK
2969
DELISTED
County Bancorp, Inc. Common Stock
ICBK
| $1.56M | ﹤0.01% |
74,487
+30,857
| +71% | +$629K |
|
2970
Crawford & Co Class A
CRD.A
$548M
| $1.55M | ﹤0.01% |
197,029
+3,582
| +2% | +$24.3K |
|
2971
Quantum Corp
QMCO
$426M
| $1.55M | ﹤0.01% |
20,115
+18,949
| +1,625% | +$1.5M |
|
|
ZEUS
2972
DELISTED
Olympic Steel
ZEUS
| $1.55M | ﹤0.01% |
132,106
-2,076
| -2% | -$20.5K |
|
|
AGTC
2973
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $1.54M | ﹤0.01% |
278,740
+148,129
| +113% | +$678K |
|
|
VIA
2974
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $1.54M | ﹤0.01% |
43,562
+3,536
| +9% | +$127K |
|
|
RFP
2975
DELISTED
Resolute Forest Products Inc.
RFP
| $1.54M | ﹤0.01% |
728,785
+3,743
| +0.5% | +$7.09K |
|
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.