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 | |
|---|---|---|---|---|---|---|
3301
Union Bankshares
UNB
$106M
| $582K | ﹤0.01% |
31,111
-20,092
| -39% | -$420K |
|
3302
Teekay Tankers
TNK
$2.75B
| $581K | ﹤0.01% |
45,382
-141,911
| -76% | -$2.51M |
|
3303
Titan International
TWI
$466M
| $580K | ﹤0.01% |
397,814
-309,182
| -44% | -$416K |
|
3304
Eton Pharmaceutcials
ETON
$1.27B
| $577K | ﹤0.01% |
+106,012
| New | +$526K |
|
3305
Siebert Financial
SIEB
$66.7M
| $577K | ﹤0.01% |
114,043
+35,921
| +46% | +$227K |
|
|
APRN
3306
DELISTED
Blue Apron Holdings, Inc. Class A Common Stock
APRN
| $577K | ﹤0.01% |
4,337
+150
| +4% | +$18.1K |
|
|
CFMS
3307
DELISTED
Conformis, Inc. Common Stock
CFMS
| $574K | ﹤0.01% |
28,013
-18,865
| -40% | -$394K |
|
|
ZVO
3308
DELISTED
Zovio Inc. Common Stock
ZVO
| $571K | ﹤0.01% |
186,855
+2,660
| +1% | +$6.04K |
|
|
SIC
3309
DELISTED
Select Interior Concepts, Inc. Class A Common Stock
SIC
| $571K | ﹤0.01% |
163,191
-124,815
| -43% | -$365K |
|
3310
Arbutus Biopharma
ABUS
$857M
| $569K | ﹤0.01% |
313,030
+204,634
| +189% | +$335K |
|
|
ONIT
3311
Onity Group
ONIT
$309M
| $569K | ﹤0.01% |
57,155
-52,869
| -48% | -$454K |
|
3312
Banco Santander
SAN
$201B
| $567K | ﹤0.01% |
245,736
-32,894
| -12% | -$71.9K |
|
|
ZYNE
3313
DELISTED
Zynerba Pharmaceuticals, Inc
ZYNE
| $564K | ﹤0.01% |
167,375
-132,039
| -44% | -$624K |
|
|
WBK
3314
DELISTED
Westpac Banking Corporation
WBK
| $564K | ﹤0.01% |
45,144
-14,475
| -24% | -$159K |
|
3315
Greene County Bancorp
GCBC
$570M
| $562K | ﹤0.01% |
50,446
+500
| +1% | +$5.56K |
|
3316
Energous
WATT
$77.6M
| $561K | ﹤0.01% |
332
-361
| -52% | -$424K |
|
|
FFNW
3317
DELISTED
First Financial Northwest, Inc
FFNW
| $560K | ﹤0.01% |
57,861
-41,242
| -42% | -$382K |
|
3318
Ring Energy
REI
$315M
| $557K | ﹤0.01% |
480,940
-377,616
| -44% | -$369K |
|
|
SCPH
3319
DELISTED
scPharmaceuticals
SCPH
| $553K | ﹤0.01% |
75,252
+44,224
| +143% | +$388K |
|
|
OTIC
3320
DELISTED
Otonomy, Inc.
OTIC
| $552K | ﹤0.01% |
152,631
| – | – |
|
3321
AudioCodes
AUDC
$244M
| $550K | ﹤0.01% |
17,341
-1,314
| -7% | -$40.4K |
|
3322
Everspin Technologies
MRAM
$341M
| $550K | ﹤0.01% |
78,453
-3,738
| -5% | -$18.4K |
|
|
DLA
3323
DELISTED
Delta Apparel Inc.
DLA
| $549K | ﹤0.01% |
45,335
-36,650
| -45% | -$419K |
|
|
IEC
3324
DELISTED
IEC Electronics Corp.
IEC
| $549K | ﹤0.01% |
57,013
| – | – |
|
|
GV
3325
DELISTED
Goldfield Corporation
GV
| $547K | ﹤0.01% |
147,672
+1,855
| +1% | +$6.47K |
|
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.