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 | |
|---|---|---|---|---|---|---|
3226
Information Services Group
III
$199M
| $757K | ﹤0.01% |
365,981
+17,522
| +5% | +$37.6K |
|
3227
Milestone Scientific
MLSS
$35.3M
| $756K | ﹤0.01% |
387,782
+216,271
| +126% | +$396K |
|
|
ZAGG
3228
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $749K | ﹤0.01% |
238,593
-171,409
| -42% | -$538K |
|
3229
First Western Financial
MYFW
$304M
| $747K | ﹤0.01% |
52,461
+39,832
| +315% | +$534K |
|
|
XXII
3230
22nd Century Group
XXII
$1.38M
| – | – |
0
| – | – |
|
3231
Commercial Vehicle Group
CVGI
$154M
| $743K | ﹤0.01% |
257,222
-185,636
| -42% | -$386K |
|
3232
XWELL
XWEL
$8.28M
| $740K | ﹤0.01% |
+8,837
| New | +$464K |
|
|
ECOLW
3233
DELISTED
US Ecology, Inc. Warrant
ECOLW
| $739K | ﹤0.01% |
154,279
-116,913
| -43% | -$577K |
|
3234
Kodak
KODK
$822M
| $737K | ﹤0.01% |
330,790
+95,795
| +41% | +$223K |
|
|
ASRT
3235
DELISTED
Assertio
ASRT
| $735K | ﹤0.01% |
14,308
-4,888
| -25% | -$252K |
|
|
SOLY
3236
DELISTED
Soliton, Inc.
SOLY
| $732K | ﹤0.01% |
94,161
+2,215
| +2% | +$21.8K |
|
3237
Criteo S.A. Ordinary Shares
CRTO
$1.1B
| $728K | ﹤0.01% |
64,029
-472
| -0.7% | -$4.96K |
|
3238
Rush Enterprises Class B
RUSHB
$6.04B
| $727K | ﹤0.01% |
45,893
+1,550
| +3% | +$22.9K |
|
|
AE
3239
DELISTED
Adams Resources & Energy Inc
AE
| $723K | ﹤0.01% |
27,027
+14,326
| +113% | +$377K |
|
3240
Woori Financial
WF
$16.7B
| $722K | ﹤0.01% |
32,610
+15,124
| +86% | +$317K |
|
3241
NextDecade
NEXT
$1.79B
| $718K | ﹤0.01% |
332,586
+78,883
| +31% | +$144K |
|
|
STND
3242
DELISTED
Standard AVB Financial Corp. Common Stock
STND
| $718K | ﹤0.01% |
+30,985
| New | +$722K |
|
3243
ASE Group
ASX
$77.3B
| $711K | ﹤0.01% |
156,807
+86,970
| +125% | +$371K |
|
|
LMST
3244
DELISTED
Limestone Bancorp, Inc. Common Stock
LMST
| $709K | ﹤0.01% |
53,946
+32,531
| +152% | +$394K |
|
3245
Value Line
VALU
$321M
| $707K | ﹤0.01% |
26,211
+53
| +0.2% | +$1.52K |
|
|
VNTR
3246
DELISTED
Venator Materials PLC
VNTR
| $707K | ﹤0.01% |
395,322
| – | – |
|
|
PSTL
3247
Postal Realty Trust
PSTL
$694M
| $703K | ﹤0.01% |
44,105
| – | – |
|
3248
Freedom Holding
FRHC
$9.63B
| $701K | ﹤0.01% |
37,576
+5,591
| +17% | +$92.9K |
|
3249
Lloyds Banking Group
LYG
$89.5B
| $699K | ﹤0.01% |
466,762
-251,298
| -35% | -$377K |
|
3250
Kura Sushi USA
KRUS
$560M
| $696K | ﹤0.01% |
48,779
-1,142
| -2% | -$16.4K |
|
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.