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 |
Microsoft
MSFT
|
+$848M |
| 2 |
Bristol-Myers Squibb
BMY
|
+$631M |
| 3 |
Truist Financial
TFC
|
+$445M |
| 4 |
Amazon
AMZN
|
+$334M |
| 5 |
ServiceNow
NOW
|
+$251M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$1.15B |
| 2 |
STI
SunTrust Banks, Inc.
STI
|
+$466M |
| 3 |
VIAB
Viacom Inc. Class B
VIAB
|
+$139M |
| 4 |
Oracle
ORCL
|
+$136M |
| 5 |
Intuitive Surgical
ISRG
|
+$111M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.79% |
| 2 | Financials | 15.45% |
| 3 | Healthcare | 13.87% |
| 4 | Consumer Discretionary | 9.9% |
| 5 | Industrials | 9.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Heritage Insurance Holdings
HRTG
$980M
| $4.61M | ﹤0.01% |
347,654
+24,860
| +8% | +$342K |
|
|
LCI
2477
DELISTED
Lannett Company, Inc.
LCI
| $4.6M | ﹤0.01% |
130,686
+1,596
| +1% | +$64.9K |
|
|
JCP
2478
DELISTED
J.C. Penney Company, Inc.
JCP
| $4.59M | ﹤0.01% |
4,098,470
-170,685
| -4% | -$181K |
|
|
BZUN
2479
Baozun
BZUN
$167M
| $4.58M | ﹤0.01% |
139,111
+13,833
| +11% | +$548K |
|
2480
British American Tobacco
BTI
$124B
| $4.57M | ﹤0.01% |
112,384
+43,665
| +64% | +$1.65M |
|
2481
Community Health Systems
CYH
$417M
| $4.56M | ﹤0.01% |
1,572,163
+182,039
| +13% | +$630K |
|
2482
Ascendis Pharma A/S
ASND
$16.2B
| $4.54M | ﹤0.01% |
32,647
+132
| +0.4% | +$14.7K |
|
|
MNK
2483
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $4.54M | ﹤0.01% |
1,301,182
-251,741
| -16% | -$786K |
|
|
TLRA
2484
DELISTED
Telaria, Inc.
TLRA
| $4.51M | ﹤0.01% |
512,228
+21,799
| +4% | +$170K |
|
|
EIGR
2485
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $4.51M | ﹤0.01% |
10,089
+307
| +3% | +$109K |
|
2486
Metallus
MTUS
$899M
| $4.5M | ﹤0.01% |
573,309
+59,701
| +12% | +$374K |
|
2487
Franklin Covey
FC
$225M
| $4.49M | ﹤0.01% |
139,275
+16,567
| +14% | +$600K |
|
2488
Artesian Resources
ARTNA
$366M
| $4.49M | ﹤0.01% |
120,593
+145
| +0.1% | +$5.37K |
|
|
REVG
2489
DELISTED
REV Group
REVG
| $4.47M | ﹤0.01% |
365,877
-156
| -0% | -$1.97K |
|
|
EXPR
2490
DELISTED
Express, Inc.
EXPR
| $4.47M | ﹤0.01% |
45,927
+2,531
| +6% | +$199K |
|
|
IVC
2491
DELISTED
Invacare Corporation
IVC
| $4.47M | ﹤0.01% |
495,713
+77,180
| +18% | +$649K |
|
2492
Quanterix
QTRX
$136M
| $4.47M | ﹤0.01% |
189,069
-2,482
| -1% | -$56.6K |
|
2493
Inovio Pharmaceuticals
INO
$93.6M
| $4.46M | ﹤0.01% |
112,590
+4,866
| +5% | +$146K |
|
|
TBIO
2494
DELISTED
Translate Bio, Inc. Common Stock
TBIO
| $4.45M | ﹤0.01% |
546,581
+37,577
| +7% | +$347K |
|
|
CAMP
2495
DELISTED
CalAmp Corp.
CAMP
| $4.44M | ﹤0.01% |
20,135
+603
| +3% | +$147K |
|
|
ACH
2496
Accendra Health
ACH
$84.6M
| $4.43M | ﹤0.01% |
857,650
+13,419
| +2% | +$86.2K |
|
2497
Teekay Tankers
TNK
$2.89B
| $4.43M | ﹤0.01% |
184,918
-3,228
| -2% | -$58.7K |
|
2498
NWPX Infrastructure Inc
NWPX
$1.12B
| $4.43M | ﹤0.01% |
132,978
+9,782
| +8% | +$309K |
|
2499
Hingham Institution for Saving
HIFS
$693M
| $4.43M | ﹤0.01% |
21,058
+386
| +2% | +$74.4K |
|
2500
Southern First Bancshares
SFST
$609M
| $4.41M | ﹤0.01% |
103,786
+3,210
| +3% | +$134K |
|
Similar funds
Geode Capital Management's Q4 2019 Portfolio in Review
As of Q4 2019, Geode Capital Management held 4,322 positions worth $478B, up 12% from $428B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Geode Capital Management's Q4 2019 filing shows 132 new, 3,091 increased, 523 reduced and 113 closed positions. Its largest new stake was Apollo Global Management: 1,482,213 shares worth $70.7M. The largest sale was Celgene Corp, an estimated $1.15B.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q4 2019 buy was Apollo Global Management: 1,482,213 shares worth $70.7M.
- Geode Capital Management added most to Microsoft in Q4 2019, an estimated $848M increase.
- Geode Capital Management's biggest Q4 2019 reduction was Oracle, cutting an estimated $136M.
- Geode Capital Management fully exited Celgene Corp in Q4 2019, selling an estimated $1.15B.
- Geode Capital Management's ten largest holdings make up 19% of its $478B portfolio in Q4 2019.
- Geode Capital Management opened 132 new positions and closed 113 in Q4 2019.
- Geode Capital Management's portfolio value rose 12% quarter-over-quarter to $478B.
Based on Geode Capital Management's 13F filing for Q4 2019, filed 13 Feb 2020.