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 | |
|---|---|---|---|---|---|---|
|
FRTA
2201
DELISTED
Forterra, Inc
FRTA
| $6.38M | ﹤0.01% |
572,118
-13,574
| -2% | -$112K |
|
|
DCOM
2202
DELISTED
Dime Community Bancshares
DCOM
| $6.38M | ﹤0.01% |
464,494
-1,858
| -0.4% | -$26.9K |
|
2203
Comtech Telecommunications
CMTL
$49.7M
| $6.32M | ﹤0.01% |
374,475
+6,782
| +2% | +$115K |
|
2204
BJ's Restaurants
BJRI
$1.44B
| $6.26M | ﹤0.01% |
299,006
+21,576
| +8% | +$427K |
|
|
ZYXI
2205
DELISTED
Zynex
ZYXI
| $6.23M | ﹤0.01% |
275,407
+1,268
| +0.5% | +$21.2K |
|
|
ARCH
2206
DELISTED
Arch Resources, Inc.
ARCH
| $6.22M | ﹤0.01% |
218,872
+6,063
| +3% | +$189K |
|
2207
Syndax Pharmaceuticals
SNDX
$1.74B
| $6.14M | ﹤0.01% |
414,690
+81,432
| +24% | +$1.24M |
|
|
MSGN
2208
DELISTED
MSG Networks Inc.
MSGN
| $6.13M | ﹤0.01% |
616,273
-87,878
| -12% | -$1M |
|
|
EVRI
2209
DELISTED
Everi Holdings
EVRI
| $6.11M | ﹤0.01% |
1,184,931
-242,986
| -17% | -$1.23M |
|
|
MEET
2210
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $6.11M | ﹤0.01% |
978,440
-31,067
| -3% | -$191K |
|
2211
Hawkins
HWKN
$2.82B
| $6.1M | ﹤0.01% |
286,620
+6,226
| +2% | +$118K |
|
2212
DMC Global
BOOM
$146M
| $6.08M | ﹤0.01% |
220,234
+10,264
| +5% | +$283K |
|
2213
Arrow Financial
AROW
$669M
| $6.05M | ﹤0.01% |
229,232
+4,435
| +2% | +$109K |
|
|
TSC
2214
DELISTED
TriState Capital Holdings, Inc.
TSC
| $6.05M | ﹤0.01% |
385,294
-271
| -0.1% | -$3.69K |
|
|
GPMT
2215
Granite Point Mortgage Trust
GPMT
$71.4M
| $6.04M | ﹤0.01% |
840,631
+64,743
| +8% | +$351K |
|
|
ECOM
2216
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $6.04M | ﹤0.01% |
381,081
+20,620
| +6% | +$238K |
|
2217
ImmunityBio
IBRX
$7.73B
| $6.03M | ﹤0.01% |
491,228
+169,729
| +53% | +$958K |
|
|
RST
2218
DELISTED
ROSETTA STONE INC
RST
| $6.02M | ﹤0.01% |
357,251
+31,972
| +10% | +$537K |
|
|
TEN
2219
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $6.02M | ﹤0.01% |
796,166
+28,416
| +4% | +$166K |
|
2220
International Seaways
INSW
$4.51B
| $6.01M | ﹤0.01% |
368,069
+7,238
| +2% | +$157K |
|
2221
Peoples Bancorp
PEBO
$1.49B
| $6.01M | ﹤0.01% |
282,498
+4,897
| +2% | +$107K |
|
2222
Bally's
BALY
$708M
| $6.01M | ﹤0.01% |
269,640
-20,455
| -7% | -$361K |
|
|
SYRS
2223
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $6.01M | ﹤0.01% |
56,380
+6,561
| +13% | +$589K |
|
2224
Conduent
CNDT
$270M
| $6M | ﹤0.01% |
2,512,647
+35,670
| +1% | +$82.9K |
|
|
APLT
2225
DELISTED
Applied Therapeutics
APLT
| $6M | ﹤0.01% |
165,920
+39,224
| +31% | +$1.64M |
|
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.