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 | |
|---|---|---|---|---|---|---|
2276
Hackett Group
HCKT
$285M
| $5.58M | ﹤0.01% |
412,543
+3,358
| +0.8% | +$46.3K |
|
2277
Gates Industrial Corporation Ltd.
GTES
$7.44B
| $5.58M | ﹤0.01% |
543,156
-16,639
| -3% | -$151K |
|
2278
Accel Entertainment
ACEL
$979M
| $5.58M | ﹤0.01% |
+578,983
| New | +$5.29M |
|
|
SPNS
2279
DELISTED
Sapiens International
SPNS
| $5.57M | ﹤0.01% |
199,221
+151,761
| +320% | +$3.72M |
|
|
BDSI
2280
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $5.57M | ﹤0.01% |
1,276,827
+97,328
| +8% | +$437K |
|
|
HIBB
2281
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $5.56M | ﹤0.01% |
265,511
+4,641
| +2% | +$77.3K |
|
|
NEX
2282
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $5.55M | ﹤0.01% |
2,265,936
+25,464
| +1% | +$62.3K |
|
2283
Crinetics Pharmaceuticals
CRNX
$8.89B
| $5.54M | ﹤0.01% |
316,560
+182,541
| +136% | +$3.11M |
|
2284
Future Fuel
FF
$215M
| $5.52M | ﹤0.01% |
462,079
-24,386
| -5% | -$288K |
|
|
LITS
2285
Lite Strategy Inc
LITS
$33.4M
| $5.52M | ﹤0.01% |
66,838
+4,926
| +8% | +$299K |
|
2286
SFL Corp
SFL
$1.65B
| $5.52M | ﹤0.01% |
593,918
+92,310
| +18% | +$923K |
|
2287
REX American Resources
REX
$1.42B
| $5.5M | ﹤0.01% |
475,506
+5,934
| +1% | +$58.9K |
|
2288
Puma Biotechnology
PBYI
$391M
| $5.5M | ﹤0.01% |
527,015
+54,578
| +12% | +$565K |
|
2289
Hyster-Yale Materials Handling
HY
$628M
| $5.47M | ﹤0.01% |
141,651
+1,617
| +1% | +$60.3K |
|
|
UBA
2290
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $5.47M | ﹤0.01% |
460,302
+9,100
| +2% | +$117K |
|
2291
Manitowoc
MTW
$514M
| $5.46M | ﹤0.01% |
501,851
+3,983
| +0.8% | +$37.7K |
|
2292
American Vanguard Corp
AVD
$70.4M
| $5.46M | ﹤0.01% |
396,688
+10,082
| +3% | +$135K |
|
2293
Bank First Corp
BFC
$1.72B
| $5.46M | ﹤0.01% |
85,161
+7,788
| +10% | +$447K |
|
|
AVID
2294
DELISTED
Avid Technology Inc
AVID
| $5.44M | ﹤0.01% |
748,815
+27,937
| +4% | +$184K |
|
2295
Ducommun
DCO
$2.76B
| $5.44M | ﹤0.01% |
156,012
+1,448
| +0.9% | +$42.8K |
|
2296
First Community Bankshares
FCBC
$904M
| $5.43M | ﹤0.01% |
242,056
+5,230
| +2% | +$113K |
|
2297
MasterCraft Boat Holdings
MCFT
$582M
| $5.43M | ﹤0.01% |
285,127
+6,789
| +2% | +$85.5K |
|
2298
GrafTech
EAF
$195M
| $5.42M | ﹤0.01% |
67,902
+2,769
| +4% | +$208K |
|
|
NOVA
2299
DELISTED
Sunnova Energy
NOVA
| $5.41M | ﹤0.01% |
317,218
+10,274
| +3% | +$146K |
|
2300
Century Aluminum
CENX
$4.47B
| $5.41M | ﹤0.01% |
758,849
+13,961
| +2% | +$73.8K |
|
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.