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 | |
|---|---|---|---|---|---|---|
3326
Nokia
NOK
$51B
| $546K | ﹤0.01% |
124,099
+70,985
| +134% | +$268K |
|
|
CARM
3327
DELISTED
Carisma Therapeutics
CARM
| $544K | ﹤0.01% |
37,791
+950
| +3% | +$12.8K |
|
3328
Natural Gas Services Group
NGS
$472M
| $544K | ﹤0.01% |
86,855
-66,585
| -43% | -$386K |
|
3329
Acme United Corp
ACU
$217M
| $543K | ﹤0.01% |
23,648
+1,104
| +5% | +$23.7K |
|
|
DOYU
3330
DouYu International Holdings
DOYU
$139M
| $543K | ﹤0.01% |
4,708
+546
| +13% | +$45.6K |
|
|
NETI
3331
DELISTED
Eneti Inc.
NETI
| $543K | ﹤0.01% |
35,519
+1,086
| +3% | +$21.3K |
|
3332
Bassett Furniture
BSET
$164M
| $542K | ﹤0.01% |
73,813
-58,392
| -44% | -$368K |
|
|
BLPH
3333
DELISTED
Bellerophon Therapeutics, Inc.
BLPH
| $542K | ﹤0.01% |
43,253
+29,880
| +223% | +$418K |
|
|
VIVS
3334
VivoSim Labs
VIVS
$1.2M
| $541K | ﹤0.01% |
4,100
+48
| +1% | +$5.85K |
|
|
SURF
3335
DELISTED
Surface Oncology, Inc. Common Stock
SURF
| $541K | ﹤0.01% |
82,616
+4,565
| +6% | +$16.5K |
|
3336
ENI
E
$80.5B
| $540K | ﹤0.01% |
28,040
+13,494
| +93% | +$259K |
|
|
CWBR
3337
DELISTED
CohBar, Inc. Common Stock
CWBR
| $534K | ﹤0.01% |
11,492
+5,076
| +79% | +$355K |
|
|
YELL
3338
DELISTED
Yellow Corporation Common Stock
YELL
| $533K | ﹤0.01% |
288,187
-210,795
| -42% | -$344K |
|
3339
Smith & Nephew
SNN
$13.3B
| $532K | ﹤0.01% |
13,976
-278
| -2% | -$11K |
|
|
AFI
3340
DELISTED
Armstrong Flooring, Inc.
AFI
| $532K | ﹤0.01% |
177,940
-99,457
| -36% | -$248K |
|
3341
Cineverse
CNVS
$56.2M
| $531K | ﹤0.01% |
13,923
+12,456
| +849% | +$280K |
|
|
MGIC
3342
DELISTED
Magic Software Enterprises
MGIC
| $529K | ﹤0.01% |
46,841
+13,054
| +39% | +$128K |
|
3343
Wipro
WIT
$19.6B
| $528K | ﹤0.01% |
318,750
+191,330
| +150% | +$300K |
|
|
AHT
3344
Ashford Hospitality Trust
AHT
$20.9M
| $524K | ﹤0.01% |
726
-894
| -55% | -$692K |
|
3345
Star Bulk Carriers
SBLK
$3.21B
| $524K | ﹤0.01% |
79,526
+480
| +0.6% | +$2.75K |
|
3346
cbdMD
YCBD
$5.32M
| $523K | ﹤0.01% |
761
-316
| -29% | -$142K |
|
3347
Mizuho Financial
MFG
$127B
| $522K | ﹤0.01% |
211,443
+121,978
| +136% | +$290K |
|
|
DFPHU
3348
DELISTED
DFP Healthcare Acquisitions Corp. Unit
DFPHU
| $522K | ﹤0.01% |
50,000
| – | – |
|
3349
Aqua Metals
AQMS
$8.99M
| $521K | ﹤0.01% |
1,863
| – | – |
|
3350
KB Financial Group
KB
$41.4B
| $520K | ﹤0.01% |
18,697
+10,034
| +116% | +$274K |
|
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.