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 | |
|---|---|---|---|---|---|---|
2526
SmartFinancial
SMBK
$899M
| $4.23M | ﹤0.01% |
178,949
+24,355
| +16% | +$536K |
|
2527
Lifecore Biomedical
LFCR
$179M
| $4.22M | ﹤0.01% |
373,369
+11,710
| +3% | +$125K |
|
2528
Citizens
CIA
$198M
| $4.22M | ﹤0.01% |
625,258
+22,371
| +4% | +$154K |
|
2529
Mitek Systems
MITK
$853M
| $4.22M | ﹤0.01% |
551,182
+61,653
| +13% | +$520K |
|
2530
Greif Class B
GEF.B
$4.22B
| $4.21M | ﹤0.01% |
81,415
+256
| +0.3% | +$12.7K |
|
2531
Peoples Financial Services
PFIS
$717M
| $4.21M | ﹤0.01% |
83,690
+5,438
| +7% | +$266K |
|
2532
StoneCo
STNE
$2.49B
| $4.21M | ﹤0.01% |
105,480
+3,372
| +3% | +$123K |
|
|
CNBKA
2533
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $4.19M | ﹤0.01% |
46,590
+1,418
| +3% | +$124K |
|
2534
Tejon Ranch
TRC
$443M
| $4.18M | ﹤0.01% |
261,553
+13,384
| +5% | +$218K |
|
2535
Cue Biopharma
CUE
$131M
| $4.18M | ﹤0.01% |
8,774
+1,750
| +25% | +$550K |
|
2536
KRONOS Worldwide
KRO
$996M
| $4.16M | ﹤0.01% |
310,628
+5,023
| +2% | +$65.8K |
|
|
VSLR
2537
DELISTED
VIVINT SOLAR, INC.
VSLR
| $4.16M | ﹤0.01% |
573,291
+16,972
| +3% | +$120K |
|
|
EGLE
2538
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $4.16M | ﹤0.01% |
129,177
+3,679
| +3% | +$113K |
|
2539
Arlo Technologies
ARLO
$1.54B
| $4.16M | ﹤0.01% |
987,785
+38,851
| +4% | +$134K |
|
2540
HCI Group
HCI
$2.32B
| $4.15M | ﹤0.01% |
90,911
+1,647
| +2% | +$72.6K |
|
2541
Primis Financial Corp
FRST
$413M
| $4.15M | ﹤0.01% |
253,797
+10,397
| +4% | +$164K |
|
2542
RBB Bancorp
RBB
$466M
| $4.11M | ﹤0.01% |
194,319
+27,870
| +17% | +$566K |
|
2543
Vera Bradley
VRA
$94.7M
| $4.11M | ﹤0.01% |
348,635
-3,944
| -1% | -$43.7K |
|
|
CNSL
2544
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $4.11M | ﹤0.01% |
1,059,615
+74,207
| +8% | +$285K |
|
2545
UroGen Pharma
URGN
$2.34B
| $4.09M | ﹤0.01% |
122,544
+12,780
| +12% | +$349K |
|
2546
MasterCraft Boat Holdings
MCFT
$598M
| $4.08M | ﹤0.01% |
259,317
+8,108
| +3% | +$128K |
|
2547
Park Aerospace
PKE
$811M
| $4.08M | ﹤0.01% |
250,922
+13,394
| +6% | +$222K |
|
2548
Criteo S.A. Ordinary Shares
CRTO
$915M
| $4.07M | ﹤0.01% |
234,744
+118,413
| +102% | +$2.11M |
|
2549
Pan American Silver
PAAS
$19.9B
| $4.07M | ﹤0.01% |
171,756
+504
| +0.3% | +$9.34K |
|
|
MTEM
2550
DELISTED
Molecular Templates, Inc.
MTEM
| $4.06M | ﹤0.01% |
19,377
+4,788
| +33% | +$688K |
|
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.