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 | |
|---|---|---|---|---|---|---|
|
PWOD
2726
DELISTED
Penns Woods Bancorp
PWOD
| $2.95M | ﹤0.01% |
83,051
-41,019
| -33% | -$1.3M |
|
|
AAIC
2727
DELISTED
Arlington Asset Investment Corp.
AAIC
| $2.95M | ﹤0.01% |
530,333
+17,015
| +3% | +$96.9K |
|
|
JIH
2728
DELISTED
Juniper Industrial Holdings, Inc.
JIH
| $2.94M | ﹤0.01% |
+299,944
| New | +$2.94M |
|
|
VWTR
2729
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $2.94M | ﹤0.01% |
264,248
+4,243
| +2% | +$45.2K |
|
2730
Nathan's Famous
NATH
$396M
| $2.93M | ﹤0.01% |
41,371
+1,423
| +4% | +$105K |
|
2731
SoundThinking
SSTI
$105M
| $2.93M | ﹤0.01% |
114,990
+5,194
| +5% | +$116K |
|
|
KALV
2732
DELISTED
KalVista Pharmaceuticals
KALV
| $2.92M | ﹤0.01% |
163,906
+12,125
| +8% | +$158K |
|
2733
SAP
SAP
$233B
| $2.92M | ﹤0.01% |
21,774
+2,346
| +12% | +$308K |
|
2734
Boston Omaha
BOC
$430M
| $2.92M | ﹤0.01% |
138,691
+7,686
| +6% | +$161K |
|
2735
First Capital
FCAP
$220M
| $2.92M | ﹤0.01% |
39,984
+776
| +2% | +$48.8K |
|
2736
Investar Holding Corp
ISTR
$426M
| $2.91M | ﹤0.01% |
121,271
+1,075
| +0.9% | +$26.4K |
|
2737
Caesarstone
CSTE
$106M
| $2.9M | ﹤0.01% |
192,522
+53,264
| +38% | +$855K |
|
2738
Carlyle Group
CG
$17.5B
| $2.9M | ﹤0.01% |
90,394
+420
| +0.5% | +$11.9K |
|
2739
ADMA Biologics
ADMA
$2.08B
| $2.87M | ﹤0.01% |
716,608
+94,114
| +15% | +$410K |
|
2740
Century Casinos
CNTY
$34.6M
| $2.87M | ﹤0.01% |
361,973
+5,808
| +2% | +$45.3K |
|
2741
Millicom
TIGO
$16B
| $2.86M | ﹤0.01% |
59,364
+252
| +0.4% | +$11.6K |
|
|
ESXB
2742
DELISTED
Community Bankers Trust Corporation
ESXB
| $2.86M | ﹤0.01% |
322,497
+2,960
| +0.9% | +$25.7K |
|
|
BFYT
2743
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $2.86M | ﹤0.01% |
148,115
-72,057
| -33% | -$1.63M |
|
|
AKRX
2744
DELISTED
Akorn Inc
AKRX
| $2.85M | ﹤0.01% |
1,903,374
+599,868
| +46% | +$2.26M |
|
2745
Fresenius Medical Care
FMS
$12.6B
| $2.84M | ﹤0.01% |
77,223
+37,221
| +93% | +$1.32M |
|
|
NOAH
2746
Noah Holdings
NOAH
$586M
| $2.84M | ﹤0.01% |
80,924
+5,191
| +7% | +$158K |
|
2747
Willis Lease Finance
WLFC
$1.16B
| $2.83M | ﹤0.01% |
143,898
+1,035
| +0.7% | +$20.2K |
|
2748
Bankwell Financial Group
BWFG
$542M
| $2.81M | ﹤0.01% |
97,539
+761
| +0.8% | +$21.7K |
|
2749
Donegal Group Class A
DGICA
$691M
| $2.81M | ﹤0.01% |
189,425
+1,388
| +0.7% | +$20.3K |
|
2750
UBS Group
UBS
$175B
| $2.8M | ﹤0.01% |
222,296
+90,242
| +68% | +$1.07M |
|
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.