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 | |
|---|---|---|---|---|---|---|
|
BWIN
2601
Baldwin Insurance Group
BWIN
$2.96B
| $3.67M | ﹤0.01% |
+228,395
| New | +$3.64M |
|
|
GNMK
2602
DELISTED
GenMark Diagnostics, Inc
GNMK
| $3.66M | ﹤0.01% |
761,242
+19,953
| +3% | +$110K |
|
|
RFP
2603
DELISTED
Resolute Forest Products Inc.
RFP
| $3.66M | ﹤0.01% |
871,460
+50,642
| +6% | +$210K |
|
|
LL
2604
DELISTED
LL Flooring Holdings, Inc.
LL
| $3.66M | ﹤0.01% |
374,384
+10,307
| +3% | +$96.4K |
|
2605
MediciNova
MNOV
$64.5M
| $3.64M | ﹤0.01% |
540,616
+5,630
| +1% | +$42.3K |
|
2606
Lands' End
LE
$390M
| $3.64M | ﹤0.01% |
216,599
+18,533
| +9% | +$242K |
|
|
ONDK
2607
DELISTED
On Deck Capital, Inc.
ONDK
| $3.63M | ﹤0.01% |
877,762
+8,883
| +1% | +$35.7K |
|
|
RRD
2608
DELISTED
RR Donnelley & Sons Co.
RRD
| $3.63M | ﹤0.01% |
919,068
-4,183
| -0.5% | -$16.5K |
|
|
TWNKW
2609
DELISTED
Hostess Brands, Inc. Warrants
TWNKW
| $3.63M | ﹤0.01% |
1,867,875
+170,000
| +10% | +$256K |
|
2610
SEACOR Marine Holdings
SMHI
$263M
| $3.63M | ﹤0.01% |
263,036
+8,699
| +3% | +$113K |
|
|
ALBO
2611
DELISTED
Albireo Pharma Inc
ALBO
| $3.62M | ﹤0.01% |
142,213
+8,815
| +7% | +$176K |
|
|
AGNT
2612
AGNT Inc
AGNT
$724M
| $3.58M | ﹤0.01% |
631,982
+63,102
| +11% | +$313K |
|
2613
FuelCell Energy
FCEL
$1.65B
| $3.56M | ﹤0.01% |
47,276
+21,838
| +86% | +$380K |
|
2614
Evolus
EOLS
$542M
| $3.56M | ﹤0.01% |
292,163
+65,348
| +29% | +$921K |
|
|
GHL
2615
DELISTED
Greenhill & Co., Inc.
GHL
| $3.55M | ﹤0.01% |
208,121
-12,688
| -6% | -$206K |
|
|
OPTN
2616
DELISTED
OptiNose
OPTN
| $3.55M | ﹤0.01% |
25,694
+5,510
| +27% | +$715K |
|
|
HMTV
2617
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $3.55M | ﹤0.01% |
238,886
+13,325
| +6% | +$174K |
|
2618
Descartes Systems
DSGX
$6.41B
| $3.54M | ﹤0.01% |
82,911
+400
| +0.5% | +$16.3K |
|
2619
Health Catalyst
HCAT
$134M
| $3.54M | ﹤0.01% |
101,889
+9,352
| +10% | +$310K |
|
2620
International Money Express
IMXI
$354M
| $3.54M | ﹤0.01% |
293,746
+38,985
| +15% | +$530K |
|
|
HOLI
2621
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $3.54M | ﹤0.01% |
215,436
-28,483
| -12% | -$432K |
|
2622
Alphatec Holdings
ATEC
$1.49B
| $3.53M | ﹤0.01% |
498,175
+41,317
| +9% | +$265K |
|
|
MCBC
2623
DELISTED
Macatawa Bank Corp
MCBC
| $3.53M | ﹤0.01% |
317,279
+29,206
| +10% | +$311K |
|
|
STR
2624
DELISTED
Sitio Royalties
STR
| $3.53M | ﹤0.01% |
124,929
+3,168
| +3% | +$80.7K |
|
|
IHC
2625
DELISTED
Independence Holding Company
IHC
| $3.51M | ﹤0.01% |
83,429
+1,742
| +2% | +$70K |
|
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.