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 | |
|---|---|---|---|---|---|---|
3751
Kewaunee Scientific
KEQU
$102M
| $137K | ﹤0.01% |
14,828
| – | – |
|
3752
Village Farms International
VFF
$234M
| $135K | ﹤0.01% |
28,356
-7,245
| -20% | -$30.6K |
|
|
DBVT
3753
DBV Technologies
DBVT
$799M
| $134K | ﹤0.01% |
3,075
+1,215
| +65% | +$62K |
|
3754
Limbach Holdings
LMB
$855M
| $134K | ﹤0.01% |
36,558
| – | – |
|
3755
Oragenics
OGEN
$2.26M
| $134K | ﹤0.01% |
+107
| New | +$105K |
|
|
RDHL
3756
Redhill Biopharma
RDHL
$3.95M
| $134K | ﹤0.01% |
20
+3
| +18% | +$20.7K |
|
|
ERF
3757
DELISTED
Enerplus Corporation
ERF
| $134K | ﹤0.01% |
47,460
-10,146
| -18% | -$25.8K |
|
|
GWGH
3758
DELISTED
GWG Holdings, Inc
GWGH
| $134K | ﹤0.01% |
17,551
+153
| +0.9% | +$1.28K |
|
|
LFC
3759
DELISTED
China Life Insurance Company Ltd.
LFC
| $133K | ﹤0.01% |
13,205
+265
| +2% | +$2.67K |
|
|
SQBG
3760
DELISTED
Sequential Brands Group, Inc.
SQBG
| $133K | ﹤0.01% |
15,841
+7,091
| +81% | +$60.2K |
|
3761
Coffee Holding Co
JVA
$19.5M
| $132K | ﹤0.01% |
44,422
| – | – |
|
3762
VistaGen Therapeutics
VTGN
$9.89M
| $132K | ﹤0.01% |
8,389
| – | – |
|
3763
American Realty Investors
ARL
$246M
| $130K | ﹤0.01% |
14,479
+70
| +0.5% | +$567 |
|
3764
US Global Investors
GROW
$35.5M
| $130K | ﹤0.01% |
69,239
+7,742
| +13% | +$14K |
|
3765
Hennessy Advisors
HNNA
$77.7M
| $130K | ﹤0.01% |
16,535
| – | – |
|
3766
One Stop Systems
OSS
$303M
| $129K | ﹤0.01% |
65,681
| – | – |
|
|
HBP
3767
DELISTED
Huttig Building Products, Inc.
HBP
| $129K | ﹤0.01% |
115,753
| – | – |
|
|
TRQ
3768
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $129K | ﹤0.01% |
17,594
+5,614
| +47% | +$33.1K |
|
3769
HireQuest
HQI
$180M
| $128K | ﹤0.01% |
20,172
| – | – |
|
3770
IZEA Worldwide
IZEA
$60.6M
| $127K | ﹤0.01% |
27,921
+21,696
| +349% | +$60.8K |
|
3771
Vince Holding Corp
VNCE
$81.3M
| $126K | ﹤0.01% |
22,856
-12,908
| -36% | -$71.5K |
|
3772
Aware
AWRE
$26M
| $125K | ﹤0.01% |
38,345
+1,475
| +4% | +$4.46K |
|
3773
Hudbay
HBM
$10.1B
| $125K | ﹤0.01% |
41,381
+12,740
| +44% | +$31.9K |
|
|
GPP
3774
DELISTED
Green Plains Partners LP
GPP
| $125K | ﹤0.01% |
18,721
-1,931
| -9% | -$11.5K |
|
|
ROSE
3775
DELISTED
Rosehill Resources Inc. Class A
ROSE
| $125K | ﹤0.01% |
173,724
+59,016
| +51% | +$28.5K |
|
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.