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 | |
|---|---|---|---|---|---|---|
2026
Sony
SONY
$132B
| $8.43M | ﹤0.01% |
610,070
-152,570
| -20% | -$1.98M |
|
2027
Zumiez
ZUMZ
$330M
| $8.42M | ﹤0.01% |
307,674
+11,478
| +4% | +$261K |
|
2028
Resources Connection
RGP
$153M
| $8.42M | ﹤0.01% |
703,684
+1,569
| +0.2% | +$17K |
|
|
EBIX
2029
DELISTED
Ebix Inc
EBIX
| $8.42M | ﹤0.01% |
376,465
+38,610
| +11% | +$795K |
|
2030
CVR Energy
CVI
$3.14B
| $8.42M | ﹤0.01% |
418,518
+21,502
| +5% | +$434K |
|
2031
Clearwater Paper
CLW
$367M
| $8.41M | ﹤0.01% |
232,827
-2,027
| -0.9% | -$56.4K |
|
2032
Ameresco
AMRC
$1.36B
| $8.39M | ﹤0.01% |
302,189
+26,200
| +9% | +$528K |
|
|
BRSP
2033
BrightSpire Capital
BRSP
$633M
| $8.38M | ﹤0.01% |
1,193,815
+20,847
| +2% | +$107K |
|
2034
Washington Trust Bancorp
WASH
$753M
| $8.35M | ﹤0.01% |
254,978
+22,608
| +10% | +$739K |
|
|
AHRT
2035
AH Realty Trust
AHRT
$527M
| $8.34M | ﹤0.01% |
838,399
+20,300
| +2% | +$184K |
|
|
CLVS
2036
DELISTED
Clovis Oncology, Inc.
CLVS
| $8.34M | ﹤0.01% |
1,235,845
+320,135
| +35% | +$2.42M |
|
|
BMTC
2037
DELISTED
Bryn Mawr Bank Corp
BMTC
| $8.32M | ﹤0.01% |
300,828
+9,640
| +3% | +$262K |
|
|
ODT
2038
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $8.32M | ﹤0.01% |
196,489
+24,785
| +14% | +$802K |
|
2039
Triumph Financial Inc
TFIN
$1.87B
| $8.31M | ﹤0.01% |
342,367
+5,305
| +2% | +$130K |
|
2040
Logitech
LOGI
$15.1B
| $8.3M | ﹤0.01% |
127,342
+5,738
| +5% | +$306K |
|
2041
The Bancorp
TBBK
$2.99B
| $8.3M | ﹤0.01% |
846,709
+72,230
| +9% | +$544K |
|
2042
Cass Information Systems
CASS
$731M
| $8.28M | ﹤0.01% |
212,227
+5,379
| +3% | +$202K |
|
|
MDP
2043
DELISTED
Meredith Corporation
MDP
| $8.26M | ﹤0.01% |
567,571
+2,489
| +0.4% | +$36.2K |
|
|
MIK
2044
DELISTED
Michaels Stores, Inc
MIK
| $8.23M | ﹤0.01% |
1,164,614
+11,929
| +1% | +$46.8K |
|
2045
Bank of N.T. Butterfield & Son
NTB
$2.45B
| $8.23M | ﹤0.01% |
337,308
+15,249
| +5% | +$333K |
|
2046
Children's Place
PLCE
$58M
| $8.22M | ﹤0.01% |
219,796
-1,810
| -0.8% | -$61.5K |
|
2047
Phibro Animal Health
PAHC
$1.46B
| $8.21M | ﹤0.01% |
312,419
-2,787
| -0.9% | -$69.2K |
|
2048
Adtran
ADTN
$641M
| $8.2M | ﹤0.01% |
750,657
+32,843
| +5% | +$339K |
|
|
NVEE
2049
DELISTED
NV5 Global
NVEE
| $8.2M | ﹤0.01% |
645,044
+24,628
| +4% | +$277K |
|
2050
America's Car Mart
CRMT
$28.4M
| $8.19M | ﹤0.01% |
93,152
+1,014
| +1% | +$74K |
|
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.