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 | |
|---|---|---|---|---|---|---|
2826
Shore Bancshares
SHBI
$800M
| $2.52M | ﹤0.01% |
145,060
+4,696
| +3% | +$76.8K |
|
2827
FVCBankcorp
FVCB
$339M
| $2.52M | ﹤0.01% |
179,961
+4,560
| +3% | +$63.1K |
|
2828
Unity Bancorp
UNTY
$623M
| $2.51M | ﹤0.01% |
111,406
+1,038
| +0.9% | +$23K |
|
|
TCRR
2829
DELISTED
TCR2 Therapeutics Inc. Common Stock
TCRR
| $2.51M | ﹤0.01% |
175,719
+13,548
| +8% | +$209K |
|
|
JOF
2830
Japan Smaller Capitalization Fund
JOF
$355M
| $2.51M | ﹤0.01% |
280,294
-4,904
| -2% | -$44.5K |
|
2831
Xeris Biopharma Holdings
XERS
$1.58B
| $2.5M | ﹤0.01% |
354,462
+15,952
| +5% | +$132K |
|
2832
Tencent Music
TME
$13.9B
| $2.5M | ﹤0.01% |
214,485
+5,018
| +2% | +$64.5K |
|
|
HPR
2833
DELISTED
HighPoint Resources Corporation
HPR
| $2.49M | ﹤0.01% |
29,422
+948
| +3% | +$61.7K |
|
2834
iShares Russell 2000 ETF
IWM
$82.6B
| – | – |
0
| – | – |
|
2835
First Business Financial Services
FBIZ
$595M
| $2.48M | ﹤0.01% |
94,286
+1,076
| +1% | +$26.7K |
|
2836
Northeast Bank
NBN
$1.17B
| $2.48M | ﹤0.01% |
112,750
+6,031
| +6% | +$133K |
|
2837
Titan International
TWI
$454M
| $2.48M | ﹤0.01% |
683,709
+36,038
| +6% | +$107K |
|
2838
XPEL
XPEL
$1.36B
| $2.48M | ﹤0.01% |
+169,016
| New | +$2.2M |
|
|
LKFT
2839
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.84B
| $2.47M | ﹤0.01% |
11,965
+6,223
| +108% | +$1.15M |
|
2840
Reading International Class A
RDI
$32.7M
| $2.47M | ﹤0.01% |
221,057
+4,594
| +2% | +$51.3K |
|
2841
Rayonier Advanced Materials
RYAM
$563M
| $2.46M | ﹤0.01% |
640,614
+12,603
| +2% | +$51.5K |
|
|
SCWX
2842
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $2.45M | ﹤0.01% |
146,975
+4,104
| +3% | +$53K |
|
2843
HBT Financial
HBT
$1.34B
| $2.44M | ﹤0.01% |
+128,723
| New | +$2.19M |
|
2844
Stellantis
STLA
$20.6B
| $2.44M | ﹤0.01% |
166,308
-15,529
| -9% | -$225K |
|
2845
Telecom Argentina
TEO
$5.84B
| $2.44M | ﹤0.01% |
216,375
+22,504
| +12% | +$226K |
|
2846
MeiraGTx Holdings
MGTX
$1.32B
| $2.44M | ﹤0.01% |
121,723
+18,873
| +18% | +$323K |
|
|
LBC
2847
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $2.43M | ﹤0.01% |
211,092
+2,072
| +1% | +$23.6K |
|
|
CNCE
2848
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $2.43M | ﹤0.01% |
263,500
+17,736
| +7% | +$126K |
|
2849
Bristow Group
VTOL
$1.36B
| $2.43M | ﹤0.01% |
119,357
+3,775
| +3% | +$74.8K |
|
|
FCCY
2850
DELISTED
1st Constitution Bancorp
FCCY
| $2.42M | ﹤0.01% |
109,133
+10,927
| +11% | +$218K |
|
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.