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 | |
|---|---|---|---|---|---|---|
3601
Northern Technologies International Corp
NTIC
$76.2M
| $230K | ﹤0.01% |
28,915
| – | – |
|
3602
OR Royalties Inc
OR
$5.58B
| $230K | ﹤0.01% |
23,041
+5,366
| +30% | +$49.6K |
|
3603
CPI Aerostructures
CVU
$66.2M
| $229K | ﹤0.01% |
69,739
| – | – |
|
3604
New Fortress Energy
NFE
$92.1M
| $229K | ﹤0.01% |
17,706
+4,809
| +37% | +$60.3K |
|
|
HWCC
3605
DELISTED
Houston Wire & Cable Company
HWCC
| $226K | ﹤0.01% |
96,160
| – | – |
|
3606
Amplify Energy
AMPY
$161M
| $225K | ﹤0.01% |
183,587
-77,329
| -30% | -$92.6K |
|
|
OPOF
3607
DELISTED
Old Point Financial
OPOF
| $225K | ﹤0.01% |
14,815
+296
| +2% | +$4.61K |
|
|
BIOC
3608
DELISTED
Biocept, Inc.
BIOC
| $225K | ﹤0.01% |
1,058
+823
| +350% | +$118K |
|
|
LN
3609
DELISTED
LINE Corporation
LN
| $225K | ﹤0.01% |
+4,495
| New | +$222K |
|
|
ADXS
3610
DELISTED
Advaxis Inc
ADXS
| $223K | ﹤0.01% |
416,918
-11,091
| -3% | -$7.45K |
|
3611
Allot
ALLT
$372M
| $222K | ﹤0.01% |
21,262
-2,802
| -12% | -$29.7K |
|
|
CHRN
3612
ChronoScale Holdings
CHRN
$3.2B
| $222K | ﹤0.01% |
1,763
+1
| +0.1% | +$57 |
|
3613
RF Industries
RFIL
$134M
| $222K | ﹤0.01% |
47,768
+2,082
| +5% | +$10.6K |
|
|
AVDL
3614
DELISTED
Avadel Pharmaceuticals
AVDL
| $221K | ﹤0.01% |
27,395
+1,282
| +5% | +$11.3K |
|
3615
Aehr Test Systems
AEHR
$2.61B
| $220K | ﹤0.01% |
112,964
| – | – |
|
3616
Moleculin Biotech
MBRX
$2.83M
| $219K | ﹤0.01% |
101
+45
| +80% | +$107K |
|
3617
NLI Holdings
NL
$281M
| $219K | ﹤0.01% |
64,363
+291
| +0.5% | +$903 |
|
3618
electroCore
ECOR
$54.9M
| $218K | ﹤0.01% |
17,750
+4,107
| +30% | +$58.7K |
|
|
HYPD
3619
Hyperion DeFi Inc
HYPD
$40M
| $218K | ﹤0.01% |
961
+27
| +3% | +$6.69K |
|
3620
Fiverr
FVRR
$321M
| $216K | ﹤0.01% |
+2,948
| New | +$152K |
|
3621
Townsquare Media
TSQ
$106M
| $216K | ﹤0.01% |
48,533
| – | – |
|
3622
ClearOne Inc
CLRO
$10.9M
| $215K | ﹤0.01% |
7,186
+100
| +1% | +$2.79K |
|
|
NINE
3623
DELISTED
Nine Energy Service
NINE
| $215K | ﹤0.01% |
110,263
-95,440
| -46% | -$160K |
|
|
GEN
3624
DELISTED
Genesis Healthcare, Inc.
GEN
| $213K | ﹤0.01% |
309,096
-483,470
| -61% | -$389K |
|
|
BKSC
3625
DELISTED
Bank of South Carolina
BKSC
| $213K | ﹤0.01% |
12,737
+559
| +5% | +$9.07K |
|
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.