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 | |
|---|---|---|---|---|---|---|
|
BHR
2576
Braemar Hotels & Resorts
BHR
$140M
| $3.81M | ﹤0.01% |
426,166
+13,495
| +3% | +$126K |
|
2577
Relmada Therapeutics
RLMD
$519M
| $3.79M | ﹤0.01% |
+97,108
| New | +$2.95M |
|
|
PRVB
2578
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $3.79M | ﹤0.01% |
254,185
-11,986
| -5% | -$107K |
|
2579
Ambev
ABEV
$43.9B
| $3.78M | ﹤0.01% |
811,066
+325,365
| +67% | +$1.44M |
|
2580
Westwood Holdings Group
WHG
$188M
| $3.78M | ﹤0.01% |
127,572
-4,488
| -3% | -$133K |
|
|
EBTC
2581
DELISTED
Enterprise Bancorp
EBTC
| $3.76M | ﹤0.01% |
111,044
+4,423
| +4% | +$137K |
|
2582
Amalgamated Financial
AMAL
$1.52B
| $3.76M | ﹤0.01% |
193,125
+13,509
| +8% | +$249K |
|
|
RYZ
2583
Ryerson Holding Corp
RYZ
$1.5B
| $3.76M | ﹤0.01% |
317,569
+105,538
| +50% | +$1.04M |
|
2584
Titan Machinery
TITN
$422M
| $3.76M | ﹤0.01% |
254,162
-23,071
| -8% | -$359K |
|
2585
Home Bancorp
HBCP
$573M
| $3.75M | ﹤0.01% |
95,830
+2,569
| +3% | +$99.7K |
|
2586
Comscore
SCOR
$90.6M
| $3.75M | ﹤0.01% |
37,953
+5,506
| +17% | +$377K |
|
|
BRG
2587
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $3.75M | ﹤0.01% |
311,118
+10,562
| +4% | +$126K |
|
2588
Southern Missouri Bancorp
SMBC
$849M
| $3.75M | ﹤0.01% |
97,641
+1,548
| +2% | +$57.3K |
|
2589
Forestar Group
FOR
$1.49B
| $3.74M | ﹤0.01% |
179,572
+51,262
| +40% | +$1M |
|
|
BGG
2590
DELISTED
Briggs & Stratton Corp.
BGG
| $3.74M | ﹤0.01% |
561,835
+9,974
| +2% | +$61.2K |
|
2591
Tucows
TCX
$137M
| $3.74M | ﹤0.01% |
60,542
+4,166
| +7% | +$238K |
|
|
TAST
2592
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $3.73M | ﹤0.01% |
529,894
+54,596
| +11% | +$399K |
|
2593
National Bankshares
NKSH
$271M
| $3.73M | ﹤0.01% |
83,027
+706
| +0.9% | +$30.3K |
|
|
EEX
2594
DELISTED
Emerald Holding
EEX
| $3.73M | ﹤0.01% |
353,166
+30,312
| +9% | +$301K |
|
|
TACO
2595
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $3.71M | ﹤0.01% |
470,079
+15,331
| +3% | +$124K |
|
2596
Tilly's
TLYS
$123M
| $3.71M | ﹤0.01% |
303,081
+32,364
| +12% | +$342K |
|
2597
Citi Trends
CTRN
$628M
| $3.7M | ﹤0.01% |
160,264
-11,701
| -7% | -$228K |
|
|
CMLS
2598
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $3.7M | ﹤0.01% |
210,461
+43,602
| +26% | +$668K |
|
|
TPCO
2599
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $3.67M | ﹤0.01% |
279,061
-6,998
| -2% | -$73.6K |
|
2600
FS Bancorp
FSBW
$324M
| $3.67M | ﹤0.01% |
114,990
+19,230
| +20% | +$558K |
|
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.