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 | |
|---|---|---|---|---|---|---|
|
HALL
3401
DELISTED
Hallmark Financial Services, Inc.
HALL
| $442K | ﹤0.01% |
12,670
-7,771
| -38% | -$260K |
|
|
BGG
3402
DELISTED
Briggs & Stratton Corp.
BGG
| $441K | ﹤0.01% |
336,742
-247,301
| -42% | -$454K |
|
3403
Senseonics Holdings Inc
SENS
$263M
| $440K | ﹤0.01% |
56,420
-32,944
| -37% | -$340K |
|
3404
BioNTech
BNTX
$22.9B
| $439K | ﹤0.01% |
6,586
+540
| +9% | +$27K |
|
3405
Alpha Metallurgical Resources
AMR
$1.74B
| $436K | ﹤0.01% |
143,749
-110,755
| -44% | -$398K |
|
|
ABB
3406
DELISTED
ABB Ltd
ABB
| $431K | ﹤0.01% |
19,109
-7,625
| -29% | -$147K |
|
|
AMTI
3407
DELISTED
Applied Molecular Transport Inc. Common Stock
AMTI
| $430K | ﹤0.01% |
+17,132
| New | +$432K |
|
3408
Great Elm Group
GEG
$67.4M
| $427K | ﹤0.01% |
183,487
| – | – |
|
|
DM
3409
DELISTED
Desktop Metal, Inc.
DM
| $426K | ﹤0.01% |
4,099
| – | – |
|
3410
Biglari Holdings Class A
BH.A
$1.25B
| $425K | ﹤0.01% |
1,270
+537
| +73% | +$181K |
|
3411
Envela
ELA
$563M
| $424K | ﹤0.01% |
+69,658
| New | +$255K |
|
3412
Identive
INVE
$63.4M
| $424K | ﹤0.01% |
83,172
-3,119
| -4% | -$12.3K |
|
3413
AB InBev
BUD
$170B
| $423K | ﹤0.01% |
8,594
+1,206
| +16% | +$56.4K |
|
|
KC
3414
Kingsoft Cloud Holdings
KC
$3.34B
| $423K | ﹤0.01% |
+13,432
| New | +$308K |
|
|
PTRS
3415
DELISTED
Partners Bancorp Common Stock
PTRS
| $423K | ﹤0.01% |
+64,415
| New | +$449K |
|
3416
Immunic
IMUX
$190M
| $419K | ﹤0.01% |
+3,458
| New | +$352K |
|
3417
Futu Holdings
FUTU
$14.7B
| $409K | ﹤0.01% |
17,337
+3,170
| +22% | +$47.5K |
|
|
NBLX
3418
DELISTED
Noble Midstream Partners LP
NBLX
| $409K | ﹤0.01% |
48,395
+2,550
| +6% | +$18.7K |
|
3419
Alliance Resource Partners
ARLP
$3.34B
| $408K | ﹤0.01% |
125,443
+10,909
| +10% | +$37.4K |
|
3420
LG Display
LPL
$3B
| $407K | ﹤0.01% |
84,347
-20,037
| -19% | -$91.4K |
|
|
ADMS
3421
DELISTED
Adamas Pharmaceuticals
ADMS
| $403K | ﹤0.01% |
157,645
-138,287
| -47% | -$406K |
|
3422
ING
ING
$99.8B
| $402K | ﹤0.01% |
58,322
+30,738
| +111% | +$187K |
|
3423
Riot Platforms
RIOT
$7.63B
| $402K | ﹤0.01% |
181,398
-16,225
| -8% | -$29K |
|
3424
Safe Bulkers
SB
$795M
| $402K | ﹤0.01% |
329,593
-11,686
| -3% | -$12.8K |
|
3425
Bogota Financial
BSBK
$116M
| $400K | ﹤0.01% |
+45,782
| New | +$384K |
|
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.