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 | |
|---|---|---|---|---|---|---|
2501
PAR Technology
PAR
$765M
| $4.38M | ﹤0.01% |
142,504
+4,032
| +3% | +$110K |
|
|
AHT
2502
Ashford Hospitality Trust
AHT
$20.1M
| $4.38M | ﹤0.01% |
1,569
+50
| +3% | +$140K |
|
|
CLCT
2503
DELISTED
Collectors Universe
CLCT
| $4.37M | ﹤0.01% |
189,754
+2,404
| +1% | +$64.4K |
|
|
CTO
2504
CTO Realty Growth
CTO
$823M
| $4.37M | ﹤0.01% |
267,083
+26,750
| +11% | +$462K |
|
|
ORBC
2505
DELISTED
ORBCOMM, Inc.
ORBC
| $4.37M | ﹤0.01% |
1,038,162
+35,790
| +4% | +$153K |
|
2506
El Pollo Loco
LOCO
$465M
| $4.36M | ﹤0.01% |
287,807
-18,882
| -6% | -$264K |
|
|
BVH
2507
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $4.34M | ﹤0.01% |
181,911
+9,635
| +6% | +$222K |
|
|
PING
2508
DELISTED
Ping Identity Holding Corp.
PING
| $4.33M | ﹤0.01% |
+178,374
| New | +$3.42M |
|
|
RDS.B
2509
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $4.33M | ﹤0.01% |
72,245
+10,802
| +18% | +$636K |
|
|
STXB
2510
DELISTED
Spirit of Texas Bancshares, Inc. Common Stock
STXB
| $4.33M | ﹤0.01% |
188,316
+30,412
| +19% | +$669K |
|
2511
SI-BONE Inc
SIBN
$846M
| $4.31M | ﹤0.01% |
200,592
+9,834
| +5% | +$176K |
|
2512
Schwab Emerging Markets Equity ETF
SCHE
$12.9B
| – | – |
0
| – | – |
|
2513
Metropolitan Bank Holding Corp
MCB
$1.17B
| $4.29M | ﹤0.01% |
88,947
+4,944
| +6% | +$218K |
|
2514
Willdan Group
WLDN
$1.29B
| $4.29M | ﹤0.01% |
134,900
+4,221
| +3% | +$134K |
|
2515
Clarus
CLAR
$144M
| $4.29M | ﹤0.01% |
317,529
+6,481
| +2% | +$79.9K |
|
2516
PagerDuty
PD
$909M
| $4.28M | ﹤0.01% |
182,814
+86,342
| +89% | +$2.12M |
|
2517
American Coastal Insurance
ACIC
$461M
| $4.27M | ﹤0.01% |
338,583
+10,495
| +3% | +$133K |
|
2518
Funko
FNKO
$338M
| $4.26M | ﹤0.01% |
248,363
+23,832
| +11% | +$389K |
|
2519
Corbus Pharmaceuticals
CRBP
$195M
| $4.26M | ﹤0.01% |
25,999
+1,125
| +5% | +$166K |
|
|
AKCA
2520
DELISTED
Akcea Therapeutics Inc
AKCA
| $4.26M | ﹤0.01% |
251,391
-5,920
| -2% | -$110K |
|
|
AGS
2521
DELISTED
PlayAGS
AGS
| $4.26M | ﹤0.01% |
351,030
-3,903
| -1% | -$44.5K |
|
2522
Hurco Companies Inc
HURC
$144M
| $4.25M | ﹤0.01% |
110,933
-8,347
| -7% | -$294K |
|
2523
Daily Journal
DJCO
$803M
| $4.24M | ﹤0.01% |
14,600
+1,178
| +9% | +$329K |
|
2524
Banco Macro
BMA
$5.11B
| $4.24M | ﹤0.01% |
117,740
+14,501
| +14% | +$391K |
|
|
BCOV
2525
DELISTED
Brightcove, Inc.
BCOV
| $4.23M | ﹤0.01% |
487,240
+18,514
| +4% | +$174K |
|
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.