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 | |
|---|---|---|---|---|---|---|
2351
Motorcar Parts of America
MPAA
$258M
| $4.9M | ﹤0.01% |
277,139
+3,255
| +1% | +$46K |
|
2352
CRA International
CRAI
$1.17B
| $4.88M | ﹤0.01% |
123,598
+1,531
| +1% | +$58.1K |
|
2353
HF Foods Group
HFFG
$79.1M
| $4.86M | ﹤0.01% |
537,075
+159,429
| +42% | +$1.16M |
|
2354
Midland States Bancorp
MSBI
$717M
| $4.84M | ﹤0.01% |
324,038
+13,967
| +5% | +$215K |
|
|
NGM
2355
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $4.82M | ﹤0.01% |
244,380
+9,592
| +4% | +$183K |
|
2356
Financial Institutions
FISI
$841M
| $4.82M | ﹤0.01% |
258,896
+354
| +0.1% | +$6.17K |
|
2357
SIGA Technologies
SIGA
$232M
| $4.82M | ﹤0.01% |
814,855
+62,324
| +8% | +$356K |
|
2358
Farmers National Banc Corp
FMNB
$947M
| $4.81M | ﹤0.01% |
405,677
+4,779
| +1% | +$55.3K |
|
2359
DXP Enterprises
DXPE
$2.65B
| $4.8M | ﹤0.01% |
241,058
-3,402
| -1% | -$54.8K |
|
2360
Nordic American Tanker
NAT
$1.33B
| $4.8M | ﹤0.01% |
1,181,573
+68,854
| +6% | +$326K |
|
2361
ACM Research
ACMR
$5.7B
| $4.79M | ﹤0.01% |
230,697
-24,483
| -10% | -$402K |
|
|
FRG
2362
DELISTED
Franchise Group, Inc.
FRG
| $4.78M | ﹤0.01% |
218,680
+174,523
| +395% | +$2.78M |
|
2363
UFP Technologies
UFPT
$2.59B
| $4.78M | ﹤0.01% |
108,525
+3,186
| +3% | +$136K |
|
2364
Caleres
CAL
$479M
| $4.78M | ﹤0.01% |
573,154
+5,671
| +1% | +$39.7K |
|
|
BNFT
2365
DELISTED
Benefitfocus, Inc.
BNFT
| $4.78M | ﹤0.01% |
444,034
+9,245
| +2% | +$101K |
|
|
EIGI
2366
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $4.75M | ﹤0.01% |
1,180,241
+7,511
| +0.6% | +$22.2K |
|
2367
AdvanSix
ASIX
$546M
| $4.73M | ﹤0.01% |
402,947
+5,406
| +1% | +$62.9K |
|
2368
Golar LNG
GLNG
$5.03B
| $4.73M | ﹤0.01% |
653,032
+25,331
| +4% | +$176K |
|
|
RC
2369
Ready Capital
RC
$287M
| $4.73M | ﹤0.01% |
543,960
+22,373
| +4% | +$152K |
|
|
SNR
2370
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $4.72M | ﹤0.01% |
1,302,883
+17,291
| +1% | +$52.1K |
|
2371
Ethan Allen Interiors
ETD
$608M
| $4.71M | ﹤0.01% |
398,540
-19,790
| -5% | -$220K |
|
2372
NVE Corp
NVEC
$618M
| $4.7M | ﹤0.01% |
76,079
+1,130
| +2% | +$64.6K |
|
|
JCAP
2373
DELISTED
Jernigan Capital, Inc.
JCAP
| $4.7M | ﹤0.01% |
343,514
+6,596
| +2% | +$84.8K |
|
|
DX
2374
Dynex Capital
DX
$3.17B
| $4.69M | ﹤0.01% |
327,978
+9,682
| +3% | +$130K |
|
2375
Bar Harbor Bankshares
BHB
$682M
| $4.66M | ﹤0.01% |
208,232
+4,277
| +2% | +$79.7K |
|
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.