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 | |
|---|---|---|---|---|---|---|
2451
West Bancorporation
WTBA
$488M
| $4.08M | ﹤0.01% |
233,513
+15,588
| +7% | +$269K |
|
2452
FirstService
FSV
$6.21B
| $4.07M | ﹤0.01% |
40,422
+1,031
| +3% | +$91.4K |
|
2453
Tejon Ranch
TRC
$451M
| $4.05M | ﹤0.01% |
281,116
+14,708
| +6% | +$205K |
|
|
UBX
2454
DELISTED
Unity Biotechnology
UBX
| $4.04M | ﹤0.01% |
46,556
+6,389
| +16% | +$474K |
|
|
CNBKA
2455
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $4.03M | ﹤0.01% |
51,878
+2,238
| +5% | +$156K |
|
2456
Clarus
CLAR
$129M
| $4.03M | ﹤0.01% |
348,745
+11,582
| +3% | +$118K |
|
2457
International Money Express
IMXI
$370M
| $4.03M | ﹤0.01% |
323,418
-17,960
| -5% | -$183K |
|
2458
Cadiz
CDZI
$267M
| $4.03M | ﹤0.01% |
396,321
+50,206
| +15% | +$560K |
|
2459
argenx
ARGX
$52.8B
| $4.03M | ﹤0.01% |
17,872
+1,691
| +10% | +$300K |
|
2460
Keros Therapeutics
KROS
$203M
| $4.02M | ﹤0.01% |
+107,228
| New | +$3.3M |
|
2461
VSE Corp
VSEC
$6.01B
| $4.02M | ﹤0.01% |
128,067
+453
| +0.4% | +$10.3K |
|
2462
British American Tobacco
BTI
$128B
| $4.02M | ﹤0.01% |
103,494
-58,838
| -36% | -$2.25M |
|
|
MORF
2463
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $4.01M | ﹤0.01% |
148,295
+28,800
| +24% | +$539K |
|
|
LORL
2464
DELISTED
Loral Space and Communications, Inc.
LORL
| $4.01M | ﹤0.01% |
205,439
+2,146
| +1% | +$40.2K |
|
|
CIVI
2465
DELISTED
Civitas Resources
CIVI
| $4M | ﹤0.01% |
269,931
+4,235
| +2% | +$69K |
|
|
HT
2466
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $3.99M | ﹤0.01% |
692,652
+25,154
| +4% | +$134K |
|
|
CAMP
2467
DELISTED
CalAmp Corp.
CAMP
| $3.99M | ﹤0.01% |
21,643
+290
| +1% | +$44.8K |
|
2468
Orion
OEC
$376M
| $3.98M | ﹤0.01% |
376,234
+19,206
| +5% | +$177K |
|
2469
Expro Ltd
XPRO
$1.88B
| $3.98M | ﹤0.01% |
297,777
+60,575
| +26% | +$816K |
|
2470
Citizens & Northern Corp
CZNC
$455M
| $3.98M | ﹤0.01% |
192,673
+18,945
| +11% | +$357K |
|
2471
Allient
ALNT
$1.61B
| $3.96M | ﹤0.01% |
168,416
+2,607
| +2% | +$54.4K |
|
2472
GameStop
GME
$8.62B
| $3.96M | ﹤0.01% |
3,650,448
-138,476
| -4% | -$160K |
|
|
CAI
2473
DELISTED
CAI International, Inc.
CAI
| $3.96M | ﹤0.01% |
237,461
+1,264
| +0.5% | +$21.1K |
|
|
WCN
2474
Waste Connections
WCN
$41.7B
| $3.96M | ﹤0.01% |
43,246
-32,012
| -43% | -$2.85M |
|
2475
Matrix Service
MTRX
$343M
| $3.95M | ﹤0.01% |
406,284
-6,512
| -2% | -$63.3K |
|
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.