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 | |
|---|---|---|---|---|---|---|
2751
Ericsson
ERIC
$33.4B
| $2.79M | ﹤0.01% |
317,511
+35,715
| +13% | +$316K |
|
|
BREW
2752
DELISTED
Craft Brew Alliance, Inc.
BREW
| $2.78M | ﹤0.01% |
168,778
+12,428
| +8% | +$155K |
|
2753
Equinor
EQNR
$96.2B
| $2.78M | ﹤0.01% |
139,711
+12,336
| +10% | +$233K |
|
2754
Lexicon Pharmaceuticals
LXRX
$1.06B
| $2.78M | ﹤0.01% |
670,137
-1,433
| -0.2% | -$5.52K |
|
|
FPI
2755
Farmland Partners
FPI
$427M
| $2.78M | ﹤0.01% |
409,901
+1,547
| +0.4% | +$10.2K |
|
|
PFBI
2756
DELISTED
Premier Financial Bancorp
PFBI
| $2.78M | ﹤0.01% |
153,123
+1,543
| +1% | +$27.5K |
|
2757
IES Holdings
IESC
$15B
| $2.77M | ﹤0.01% |
108,117
+2,305
| +2% | +$49.9K |
|
|
BBBY
2758
Bed Bath & Beyond
BBBY
$414M
| $2.77M | ﹤0.01% |
522,266
+32,473
| +7% | +$217K |
|
|
CAJ
2759
DELISTED
Canon, Inc.
CAJ
| $2.76M | ﹤0.01% |
101,000
+16,406
| +19% | +$450K |
|
2760
Timberland Bancorp
TSBK
$359M
| $2.76M | ﹤0.01% |
92,794
+3,766
| +4% | +$105K |
|
|
GRTS
2761
DELISTED
Gritstone bio, Inc. Common Stock
GRTS
| $2.76M | ﹤0.01% |
307,542
+19,873
| +7% | +$166K |
|
|
TNAV
2762
DELISTED
Telenav Inc.
TNAV
| $2.76M | ﹤0.01% |
567,742
-141,265
| -20% | -$688K |
|
|
CVLY
2763
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $2.75M | ﹤0.01% |
119,607
+1,232
| +1% | +$27.1K |
|
2764
AMES National
ATLO
$282M
| $2.75M | ﹤0.01% |
98,022
+4,719
| +5% | +$131K |
|
|
BFIN
2765
DELISTED
BankFinancial
BFIN
| $2.75M | ﹤0.01% |
210,255
+6,503
| +3% | +$84.6K |
|
|
VIE
2766
DELISTED
Viela Bio, Inc. Common Stock
VIE
| $2.74M | ﹤0.01% |
+100,928
| New | +$2.54M |
|
2767
Global Indemnity Group
GBLI
$409M
| $2.73M | ﹤0.01% |
92,321
+1,302
| +1% | +$34.6K |
|
2768
PCB Bancorp
PCB
$398M
| $2.73M | ﹤0.01% |
158,229
+4,089
| +3% | +$68.7K |
|
2769
Enterprise Products Partners
EPD
$82.3B
| $2.73M | ﹤0.01% |
96,961
+83,693
| +631% | +$2.27M |
|
|
MR
2770
DELISTED
Montage Resources Corporation Common Stock
MR
| $2.73M | ﹤0.01% |
343,767
+62,125
| +22% | +$324K |
|
|
AKTS
2771
DELISTED
Akoustis Technologies Inc
AKTS
| $2.73M | ﹤0.01% |
340,999
+13,622
| +4% | +$106K |
|
|
IGD
2772
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$524M
| $2.73M | ﹤0.01% |
440,463
+315,217
| +252% | +$1.92M |
|
|
XOG
2773
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $2.71M | ﹤0.01% |
1,279,204
-455
| -0% | -$930 |
|
2774
Norwood Financial Corp
NWFL
$375M
| $2.71M | ﹤0.01% |
69,622
+2,757
| +4% | +$94.1K |
|
2775
Parke Bancorp
PKBK
$415M
| $2.7M | ﹤0.01% |
117,113
+1,569
| +1% | +$33.7K |
|
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.