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 | |
|---|---|---|---|---|---|---|
2301
Copa Holdings
CPA
$5.96B
| $5.41M | ﹤0.01% |
107,015
+4,570
| +4% | +$211K |
|
2302
Spyre Therapeutics
SYRE
$9.11B
| $5.39M | ﹤0.01% |
23,306
+10,543
| +83% | +$2.01M |
|
2303
Frontline
FRO
$8.68B
| $5.39M | ﹤0.01% |
771,826
+746,385
| +2,934% | +$6.34M |
|
2304
First Mid Bancshares
FMBH
$1.4B
| $5.38M | ﹤0.01% |
205,059
+5,994
| +3% | +$150K |
|
|
CATC
2305
DELISTED
CAMBRIDGE BANCORP
CATC
| $5.38M | ﹤0.01% |
90,795
+20,664
| +29% | +$1.09M |
|
|
CLDT
2306
Chatham Lodging
CLDT
$614M
| $5.38M | ﹤0.01% |
878,753
+2,062
| +0.2% | +$13.8K |
|
2307
Forrester Research
FORR
$221M
| $5.38M | ﹤0.01% |
167,837
+4,428
| +3% | +$141K |
|
2308
Amerant Bancorp
AMTB
$1.16B
| $5.38M | ﹤0.01% |
357,513
+33,774
| +10% | +$455K |
|
2309
DHT Holdings
DHT
$2.98B
| $5.36M | ﹤0.01% |
1,045,417
+29,801
| +3% | +$190K |
|
2310
Digi International
DGII
$2.65B
| $5.36M | ﹤0.01% |
460,114
+7,857
| +2% | +$84K |
|
|
DSPG
2311
DELISTED
DSP Group Inc
DSPG
| $5.35M | ﹤0.01% |
336,938
+7,155
| +2% | +$117K |
|
2312
Peapack-Gladstone Financial
PGC
$827M
| $5.34M | ﹤0.01% |
285,124
+10,357
| +4% | +$183K |
|
2313
World Acceptance Corp
WRLD
$877M
| $5.34M | ﹤0.01% |
81,487
-2,164
| -3% | -$135K |
|
2314
Green Plains
GPRE
$1.17B
| $5.32M | ﹤0.01% |
521,166
+11,468
| +2% | +$84.5K |
|
|
MTEM
2315
DELISTED
Molecular Templates, Inc.
MTEM
| $5.32M | ﹤0.01% |
25,705
+2,275
| +10% | +$529K |
|
2316
Scholar Rock
SRRK
$5.49B
| $5.29M | ﹤0.01% |
290,837
+38,389
| +15% | +$654K |
|
2317
Astrana Health
ASTH
$1.78B
| $5.27M | ﹤0.01% |
319,471
+21,803
| +7% | +$343K |
|
2318
Insteel Industries
IIIN
$602M
| $5.26M | ﹤0.01% |
275,967
+1,886
| +0.7% | +$31.9K |
|
2319
Replimune Group
REPL
$1B
| $5.25M | ﹤0.01% |
211,463
+29,620
| +16% | +$524K |
|
2320
SI-BONE Inc
SIBN
$818M
| $5.25M | ﹤0.01% |
329,064
+42,975
| +15% | +$677K |
|
2321
Republic Bancorp
RBCAA
$1.95B
| $5.23M | ﹤0.01% |
159,907
-4,279
| -3% | -$135K |
|
|
AD
2322
Array Digital Infrastructure
AD
$3.03B
| $5.2M | ﹤0.01% |
168,399
-12,579
| -7% | -$388K |
|
|
PDLI
2323
DELISTED
PDL BioPharma, Inc.
PDLI
| $5.19M | ﹤0.01% |
1,782,834
+68,247
| +4% | +$216K |
|
2324
MannKind Corp
MNKD
$1.17B
| $5.18M | ﹤0.01% |
2,962,327
+276,044
| +10% | +$386K |
|
2325
Independent Bank Corp
IBCP
$793M
| $5.17M | ﹤0.01% |
348,211
+1,988
| +0.6% | +$27.4K |
|
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.