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 | |
|---|---|---|---|---|---|---|
2001
G-III Apparel Group
GIII
$1.54B
| $8.77M | ﹤0.01% |
659,695
+23,488
| +4% | +$259K |
|
2002
Codexis
CDXS
$156M
| $8.76M | ﹤0.01% |
768,587
+25,540
| +3% | +$289K |
|
2003
Anika Therapeutics
ANIK
$257M
| $8.76M | ﹤0.01% |
232,129
+18,362
| +9% | +$605K |
|
2004
Seaboard Corp
SEB
$4.12B
| $8.75M | ﹤0.01% |
2,984
+19
| +0.6% | +$57.5K |
|
2005
Geron
GERN
$1.05B
| $8.75M | ﹤0.01% |
4,014,105
+1,276,849
| +47% | +$1.91M |
|
2006
Cushman & Wakefield Ltd
CWK
$3.29B
| $8.75M | ﹤0.01% |
701,973
+36,073
| +5% | +$406K |
|
|
ECHO
2007
DELISTED
Echo Global Logistics, Inc.
ECHO
| $8.73M | ﹤0.01% |
403,954
+6,815
| +2% | +$128K |
|
2008
Option Care Health
OPCH
$3.55B
| $8.7M | ﹤0.01% |
626,897
+44,317
| +8% | +$586K |
|
|
ARR
2009
Armour Residential REIT
ARR
$2.35B
| $8.7M | ﹤0.01% |
185,214
+14,228
| +8% | +$596K |
|
2010
Phreesia
PHR
$710M
| $8.68M | ﹤0.01% |
306,910
+19,289
| +7% | +$502K |
|
2011
Community Trust Bancorp
CTBI
$1.43B
| $8.63M | ﹤0.01% |
263,489
+3,544
| +1% | +$114K |
|
2012
Health Catalyst
HCAT
$177M
| $8.6M | ﹤0.01% |
294,921
+93,720
| +47% | +$2.59M |
|
|
DENN
2013
DELISTED
Denny's
DENN
| $8.59M | ﹤0.01% |
850,117
-24,079
| -3% | -$247K |
|
2014
Gorman-Rupp
GRC
$2.25B
| $8.58M | ﹤0.01% |
276,197
-19
| -0% | -$556 |
|
|
AVTA
2015
DELISTED
Avantax, Inc. Common Stock
AVTA
| $8.57M | ﹤0.01% |
750,916
+16,091
| +2% | +$202K |
|
2016
BioXcel Therapeutics
BTAI
$26M
| $8.55M | ﹤0.01% |
10,087
+1,613
| +19% | +$1.05M |
|
2017
V2X
VVX
$2.44B
| $8.55M | ﹤0.01% |
174,086
+13,393
| +8% | +$648K |
|
|
WIFI
2018
DELISTED
Boingo Wireless, Inc.
WIFI
| $8.55M | ﹤0.01% |
641,937
+14,774
| +2% | +$193K |
|
|
AUY
2019
DELISTED
Yamana Gold, Inc.
AUY
| $8.5M | ﹤0.01% |
1,570,695
+1,325,062
| +539% | +$6.33M |
|
2020
PDF Solutions
PDFS
$2.07B
| $8.47M | ﹤0.01% |
433,230
+17,540
| +4% | +$285K |
|
2021
Vertiv
VRT
$107B
| $8.46M | ﹤0.01% |
+624,318
| New | +$7.27M |
|
|
QUOT
2022
DELISTED
Quotient Technology Inc
QUOT
| $8.46M | ﹤0.01% |
1,156,277
+104,189
| +10% | +$697K |
|
|
PING
2023
DELISTED
Ping Identity Holding Corp.
PING
| $8.46M | ﹤0.01% |
263,684
+80,968
| +44% | +$2.14M |
|
|
VNE
2024
DELISTED
Veoneer, Inc.
VNE
| $8.45M | ﹤0.01% |
790,640
-6,717
| -0.8% | -$65.9K |
|
|
CNSL
2025
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $8.44M | ﹤0.01% |
1,247,247
+97,456
| +8% | +$572K |
|
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.