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 | |
|---|---|---|---|---|---|---|
3251
Cibus
CBUS
$147M
| $695K | ﹤0.01% |
2,823
+8
| +0.3% | +$1.79K |
|
3252
Plumas Bancorp
PLBC
$427M
| $691K | ﹤0.01% |
+31,283
| New | +$606K |
|
|
VERO
3253
DELISTED
Venus Concept
VERO
| $687K | ﹤0.01% |
1,194
+712
| +148% | +$454K |
|
3254
Galicia Financial Group
GGAL
$7.99B
| $685K | ﹤0.01% |
70,668
-260,271
| -79% | -$2.22M |
|
3255
ICICI Bank
IBN
$108B
| $684K | ﹤0.01% |
73,705
+23,141
| +46% | +$206K |
|
|
FUV
3256
DELISTED
Arcimoto, Inc. Common Stock
FUV
| $682K | ﹤0.01% |
6,410
+2,389
| +59% | +$119K |
|
|
SEAC
3257
DELISTED
Seachange International Inc
SEAC
| $679K | ﹤0.01% |
22,505
+8,720
| +63% | +$408K |
|
|
GRTX
3258
DELISTED
Galera Therapeutics, Inc. Common Stock
GRTX
| $672K | ﹤0.01% |
94,185
+44,968
| +91% | +$477K |
|
3259
Aclaris Therapeutics
ACRS
$726M
| $668K | ﹤0.01% |
412,575
-174,519
| -30% | -$234K |
|
|
EVOK
3260
DELISTED
Evoke Pharma
EVOK
| $667K | ﹤0.01% |
1,309
-108
| -8% | -$30K |
|
|
CDR
3261
DELISTED
Cedar Realty Trust, Inc
CDR
| $667K | ﹤0.01% |
102,125
-74,296
| -42% | -$457K |
|
|
RPTX
3262
DELISTED
Repare Therapeutics
RPTX
| $663K | ﹤0.01% |
+21,402
| New | +$687K |
|
|
RRD
3263
DELISTED
RR Donnelley & Sons Co.
RRD
| $663K | ﹤0.01% |
557,519
-432,533
| -44% | -$527K |
|
|
WLL
3264
DELISTED
Whiting Petroleum Corporation
WLL
| $663K | ﹤0.01% |
7,838
-8,727
| -53% | -$680K |
|
3265
Landmark Bancorp
LARK
$191M
| $662K | ﹤0.01% |
+35,928
| New | +$627K |
|
|
TCS
3266
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $660K | ﹤0.01% |
13,582
+99
| +0.7% | +$3.82K |
|
3267
Culp Inc
CULP
$44.1M
| $659K | ﹤0.01% |
76,601
-63,761
| -45% | -$453K |
|
|
ACR
3268
ACRES Commercial Realty
ACR
$124M
| $658K | ﹤0.01% |
82,831
-53,355
| -39% | -$406K |
|
|
OMCC
3269
DELISTED
Old Market Capital Corp
OMCC
| $658K | ﹤0.01% |
85,466
| – | – |
|
3270
Honda
HMC
$39.1B
| $657K | ﹤0.01% |
25,740
+5,797
| +29% | +$141K |
|
3271
BlueLinx
BXC
$422M
| $654K | ﹤0.01% |
76,323
-53,939
| -41% | -$333K |
|
|
NE
3272
DELISTED
Noble Corporation
NE
| $654K | ﹤0.01% |
2,036,948
-1,710,879
| -46% | -$440K |
|
|
KG
3273
Kestrel Group
KG
$69.4M
| $653K | ﹤0.01% |
26,369
-175
| -0.7% | -$3.94K |
|
|
PRTY
3274
DELISTED
Party City Holdco Inc.
PRTY
| $653K | ﹤0.01% |
438,646
-318,556
| -42% | -$295K |
|
3275
Crawford & Co Class B
CRD.B
$491M
| $649K | ﹤0.01% |
92,328
| – | – |
|
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.