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 | |
|---|---|---|---|---|---|---|
2626
Alpha and Omega Semiconductor
AOSL
$925M
| $3.51M | ﹤0.01% |
257,651
+10,046
| +4% | +$127K |
|
|
GRFS
2627
Grifois
GRFS
$5.42B
| $3.5M | ﹤0.01% |
150,450
+10,367
| +7% | +$226K |
|
2628
CEL-SCI Corp
CVM
$25.5M
| $3.49M | ﹤0.01% |
12,711
+1,125
| +10% | +$265K |
|
2629
First Bancorp
FNLC
$404M
| $3.49M | ﹤0.01% |
115,374
+1,087
| +1% | +$30.9K |
|
2630
FirstService
FSV
$6.14B
| $3.48M | ﹤0.01% |
37,414
-1,289
| -3% | -$121K |
|
2631
Intrepid Potash
IPI
$483M
| $3.47M | ﹤0.01% |
128,191
+3,817
| +3% | +$104K |
|
2632
Accuray
ARAY
$32.7M
| $3.46M | ﹤0.01% |
1,227,493
+29,947
| +3% | +$83.1K |
|
|
NGM
2633
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $3.46M | ﹤0.01% |
187,091
+92,660
| +98% | +$1.35M |
|
2634
Bloom Energy
BE
$72.4B
| $3.45M | ﹤0.01% |
462,368
+26,288
| +6% | +$127K |
|
|
CHMI
2635
Cherry Hill Mortgage Investment Corp
CHMI
$108M
| $3.44M | ﹤0.01% |
236,081
+27,083
| +13% | +$379K |
|
|
HOME
2636
DELISTED
At Home Group Inc.
HOME
| $3.43M | ﹤0.01% |
622,964
+55,439
| +10% | +$451K |
|
2637
Merchants Bancorp
MBIN
$2.54B
| $3.42M | ﹤0.01% |
260,631
+11,374
| +5% | +$133K |
|
|
BPYU
2638
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $3.42M | ﹤0.01% |
185,595
-14,763
| -7% | -$280K |
|
|
MRLN
2639
DELISTED
Marlin Business Services Corp
MRLN
| $3.42M | ﹤0.01% |
155,612
+135
| +0.1% | +$3.06K |
|
2640
BayCom
BCML
$343M
| $3.42M | ﹤0.01% |
150,289
+13,096
| +10% | +$289K |
|
|
RPT
2641
Rithm Property Trust
RPT
$101M
| $3.41M | ﹤0.01% |
39,722
+5,225
| +15% | +$464K |
|
2642
Northrim BanCorp
NRIM
$603M
| $3.4M | ﹤0.01% |
355,520
+8,128
| +2% | +$77.8K |
|
|
LAND
2643
Gladstone Land Corp
LAND
$358M
| $3.4M | ﹤0.01% |
262,168
+23,092
| +10% | +$284K |
|
|
NXDT
2644
NexPoint Diversified Real Estate Trust
NXDT
$261M
| $3.4M | ﹤0.01% |
191,910
+56,197
| +41% | +$964K |
|
2645
Berkshire Hathaway Class A
BRK.A
$1.09T
| $3.4M | ﹤0.01% |
10
+3
| +43% | +$977K |
|
|
INWK
2646
DELISTED
InnerWorkings, Inc.
INWK
| $3.39M | ﹤0.01% |
615,537
+17,454
| +3% | +$84.6K |
|
2647
Stoke Therapeutics
STOK
$2.1B
| $3.39M | ﹤0.01% |
119,717
+6,965
| +6% | +$175K |
|
|
VBIV
2648
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $3.38M | ﹤0.01% |
81,595
+32,902
| +68% | +$720K |
|
2649
Applied Optoelectronics
AAOI
$11.5B
| $3.37M | ﹤0.01% |
283,908
+12,174
| +4% | +$130K |
|
|
CWBC
2650
Community West Bancshares
CWBC
$706M
| $3.37M | ﹤0.01% |
155,632
+1,641
| +1% | +$34.3K |
|
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.