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 | |
|---|---|---|---|---|---|---|
2876
HDFC Bank
HDB
$119B
| $2.34M | ﹤0.01% |
73,962
+5,566
| +8% | +$169K |
|
2877
Transmedics
TMDX
$3.02B
| $2.34M | ﹤0.01% |
123,231
+40,742
| +49% | +$748K |
|
2878
Weyco Group
WEYS
$446M
| $2.34M | ﹤0.01% |
88,497
+1,716
| +2% | +$42.4K |
|
2879
Oil-Dri
ODC
$1.28B
| $2.33M | ﹤0.01% |
128,606
+6,382
| +5% | +$112K |
|
|
AY
2880
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $2.31M | ﹤0.01% |
87,729
+2,698
| +3% | +$67.4K |
|
2881
Talphera
TLPH
$72.7M
| $2.3M | ﹤0.01% |
54,534
+4,304
| +9% | +$176K |
|
|
CET
2882
Central Securities Corp
CET
$1.63B
| $2.29M | ﹤0.01% |
69,126
-20,384
| -23% | -$656K |
|
2883
Covenant Logistics
CVLG
$865M
| $2.29M | ﹤0.01% |
353,664
+11,162
| +3% | +$80.9K |
|
|
VAPO
2884
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $2.28M | ﹤0.01% |
23,435
+6,501
| +38% | +$549K |
|
|
SIC
2885
DELISTED
Select Interior Concepts, Inc. Class A Common Stock
SIC
| $2.28M | ﹤0.01% |
253,533
+21,206
| +9% | +$226K |
|
2886
BioLife Solutions
BLFS
$1.71B
| $2.27M | ﹤0.01% |
140,404
+4,922
| +4% | +$80K |
|
|
JNCE
2887
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $2.27M | ﹤0.01% |
259,960
+36,548
| +16% | +$198K |
|
|
PVLA
2888
Palvella Therapeutics
PVLA
$2.23B
| $2.26M | ﹤0.01% |
7,824
+63
| +0.8% | +$17.5K |
|
2889
Ocular Therapeutix
OCUL
$2.25B
| $2.26M | ﹤0.01% |
571,419
+42,471
| +8% | +$148K |
|
2890
CorMedix
CRMD
$557M
| $2.25M | ﹤0.01% |
309,599
+13,125
| +4% | +$80.2K |
|
2891
Wave Life Sciences
WVE
$1.03B
| $2.24M | ﹤0.01% |
279,944
-878
| -0.3% | -$21.5K |
|
|
SOR
2892
Source Capital
SOR
$386M
| $2.24M | ﹤0.01% |
57,897
-14,612
| -20% | -$550K |
|
|
DSKE
2893
DELISTED
Daseke, Inc. Common Stock
DSKE
| $2.24M | ﹤0.01% |
708,891
+13,336
| +2% | +$39.1K |
|
2894
Barnes & Noble Education
BNED
$417M
| $2.24M | ﹤0.01% |
5,245
+274
| +6% | +$113K |
|
|
CFMS
2895
DELISTED
Conformis, Inc. Common Stock
CFMS
| $2.23M | ﹤0.01% |
59,647
+3,153
| +6% | +$149K |
|
2896
KLX Energy Services
KLXE
$35.1M
| $2.23M | ﹤0.01% |
69,340
+8,691
| +14% | +$323K |
|
2897
Plains GP Holdings
PAGP
$4.98B
| $2.23M | ﹤0.01% |
117,785
+39,168
| +50% | +$735K |
|
|
CHMA
2898
DELISTED
Chiasma, Inc. Common Stock
CHMA
| $2.23M | ﹤0.01% |
448,981
+57,463
| +15% | +$299K |
|
2899
BCB Bancorp
BCBP
$161M
| $2.22M | ﹤0.01% |
161,167
+9,568
| +6% | +$127K |
|
2900
Schwab International Equity ETF
SCHF
$69.1B
| – | – |
0
| – | – |
|
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.