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 | |
|---|---|---|---|---|---|---|
|
BRSL
2151
Brightstar Lottery PLC
BRSL
$2.07B
| $6.88M | ﹤0.01% |
773,392
+378,254
| +96% | +$2.95M |
|
|
EFC
2152
Ellington Financial
EFC
$1.66B
| $6.88M | ﹤0.01% |
584,115
+22,747
| +4% | +$231K |
|
|
THR
2153
DELISTED
Thermon Group Holdings
THR
| $6.88M | ﹤0.01% |
471,879
+15,454
| +3% | +$229K |
|
2154
FuelCell Energy
FCEL
$1.74B
| $6.86M | ﹤0.01% |
101,230
+44,689
| +79% | +$2.75M |
|
|
LGTY
2155
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $6.86M | ﹤0.01% |
435,194
-7,993
| -2% | -$134K |
|
2156
Cameco
CCJ
$41.1B
| $6.85M | ﹤0.01% |
671,838
+60,442
| +10% | +$604K |
|
2157
WisdomTree
WT
$3.35B
| $6.85M | ﹤0.01% |
1,973,369
+141,880
| +8% | +$431K |
|
2158
Ennis
EBF
$562M
| $6.82M | ﹤0.01% |
376,179
+7,646
| +2% | +$135K |
|
|
MRC
2159
DELISTED
MRC Global
MRC
| $6.82M | ﹤0.01% |
1,154,430
+25,293
| +2% | +$131K |
|
2160
Q32 Bio
QTTB
$490M
| $6.81M | ﹤0.01% |
24,924
+4,000
| +19% | +$1.07M |
|
2161
Winmark
WINA
$1.28B
| $6.8M | ﹤0.01% |
39,703
+4,676
| +13% | +$684K |
|
|
XRN
2162
Chiron Real Estate Inc
XRN
$462M
| $6.79M | ﹤0.01% |
119,776
+3,986
| +3% | +$216K |
|
2163
Ocular Therapeutix
OCUL
$1.89B
| $6.77M | ﹤0.01% |
813,258
+156,607
| +24% | +$1.04M |
|
2164
Barrett Business Services
BBSI
$985M
| $6.76M | ﹤0.01% |
509,396
-148
| -0% | -$1.71K |
|
2165
National Presto Industries
NPK
$975M
| $6.76M | ﹤0.01% |
77,370
-1,926
| -2% | -$164K |
|
|
WNS
2166
DELISTED
WNS Holdings
WNS
| $6.75M | ﹤0.01% |
122,845
+19,582
| +19% | +$935K |
|
|
COWN
2167
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $6.75M | ﹤0.01% |
416,127
-24,538
| -6% | -$298K |
|
2168
MarineMax
HZO
$813M
| $6.74M | ﹤0.01% |
300,912
+4,703
| +2% | +$77.3K |
|
2169
Horizon Bancorp
HBNC
$1.06B
| $6.73M | ﹤0.01% |
629,587
+57,040
| +10% | +$582K |
|
|
HTBK
2170
DELISTED
Heritage Commerce
HTBK
| $6.72M | ﹤0.01% |
895,567
+70,063
| +8% | +$549K |
|
|
DRRX
2171
DELISTED
DURECT Corp
DRRX
| $6.7M | ﹤0.01% |
288,827
+123,514
| +75% | +$2.71M |
|
|
QADA
2172
DELISTED
QAD Inc.
QADA
| $6.68M | ﹤0.01% |
161,737
+9,105
| +6% | +$383K |
|
|
ATHX
2173
DELISTED
Athersys, Inc. Common Stock
ATHX
| $6.64M | ﹤0.01% |
96,275
+17,916
| +23% | +$1.25M |
|
2174
KALA BIO
KALA
$14M
| $6.62M | ﹤0.01% |
252
+114
| +83% | +$3.23M |
|
2175
Monarch Casino & Resort
MCRI
$2.21B
| $6.59M | ﹤0.01% |
193,451
+10,963
| +6% | +$363K |
|
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.