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 | |
|---|---|---|---|---|---|---|
3076
Peoples Bancorp of North Carolina
PEBK
$233M
| $1.23M | ﹤0.01% |
69,677
+1,466
| +2% | +$26.1K |
|
|
SMED
3077
DELISTED
Sharps Compliance Corp
SMED
| $1.23M | ﹤0.01% |
175,192
+109,223
| +166% | +$777K |
|
|
EARN
3078
Ellington Residential Mortgage REIT
EARN
$163M
| $1.21M | ﹤0.01% |
117,603
+57,635
| +96% | +$518K |
|
3079
Legacy Housing
LEGH
$648M
| $1.21M | ﹤0.01% |
85,132
+18,536
| +28% | +$210K |
|
|
ELOX
3080
DELISTED
Eloxx Pharmaceuticals, Inc. Common Stock
ELOX
| $1.2M | ﹤0.01% |
9,925
+293
| +3% | +$33.2K |
|
|
FNCB
3081
DELISTED
FNCB Bancorp Inc. Common Stock
FNCB
| $1.2M | ﹤0.01% |
208,888
+2,555
| +1% | +$15.4K |
|
|
PVBC
3082
DELISTED
Provident Bancorp
PVBC
| $1.2M | ﹤0.01% |
152,500
-2,613
| -2% | -$22.6K |
|
|
PZN
3083
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $1.2M | ﹤0.01% |
220,232
-3,927
| -2% | -$18.3K |
|
3084
OP Bancorp
OPBK
$240M
| $1.19M | ﹤0.01% |
172,488
+3,112
| +2% | +$21K |
|
3085
Central Garden & Pet Co
CENT
$2.73B
| $1.18M | ﹤0.01% |
40,860
-1,754
| -4% | -$47.2K |
|
3086
Innovative Industrial Properties
IIPR
$1.7B
| $1.17M | ﹤0.01% |
13,308
+6,675
| +101% | +$543K |
|
3087
Loop Industries
LOOP
$36.1M
| $1.16M | ﹤0.01% |
129,162
+713
| +0.6% | +$6.13K |
|
3088
Ultralife
ULBI
$86.6M
| $1.16M | ﹤0.01% |
164,798
+60,322
| +58% | +$441K |
|
3089
Entravision Communication
EVC
$1.05B
| $1.15M | ﹤0.01% |
804,708
+843
| +0.1% | +$1.31K |
|
|
LOGC
3090
DELISTED
LogicBio Therapeutics, Inc. Common Stock
LOGC
| $1.15M | ﹤0.01% |
135,718
+33,159
| +32% | +$218K |
|
3091
MainStreet Bancshares
MNSB
$166M
| $1.15M | ﹤0.01% |
86,965
+3,248
| +4% | +$45.1K |
|
3092
First United
FUNC
$290M
| $1.14M | ﹤0.01% |
85,762
+42,494
| +98% | +$603K |
|
|
LNAI
3093
Lunai Bioworks
LNAI
$9.07M
| $1.14M | ﹤0.01% |
3,385
+184
| +6% | +$55.5K |
|
3094
Ohio Valley Banc Corp
OVBC
$202M
| $1.14M | ﹤0.01% |
50,495
+6,653
| +15% | +$167K |
|
|
MINI
3095
DELISTED
Mobile Mini Inc
MINI
| $1.13M | ﹤0.01% |
38,447
-618,847
| -94% | -$18.5M |
|
3096
Chunghwa Telecom
CHT
$33B
| $1.12M | ﹤0.01% |
28,545
+16,601
| +139% | +$614K |
|
|
DNR
3097
DELISTED
Denbury Resources, Inc.
DNR
| $1.12M | ﹤0.01% |
4,069,005
-2,934,778
| -42% | -$882K |
|
3098
Maui Land & Pineapple Co
MLP
$359M
| $1.12M | ﹤0.01% |
100,988
-4,407
| -4% | -$46.2K |
|
|
ALR
3099
DELISTED
AlerisLife Inc
ALR
| $1.12M | ﹤0.01% |
286,762
+127,878
| +80% | +$456K |
|
3100
Mastech Digital
MHH
$94.3M
| $1.11M | ﹤0.01% |
43,034
+26,822
| +165% | +$475K |
|
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.