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 | |
|---|---|---|---|---|---|---|
|
SRGA
2901
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $2.2M | ﹤0.01% |
26,779
+551
| +2% | +$38.6K |
|
2902
Unilever
UL
$133B
| $2.2M | ﹤0.01% |
34,194
+5,381
| +19% | +$357K |
|
|
ACB
2903
Aurora Cannabis
ACB
$237M
| $2.2M | ﹤0.01% |
8,581
+1,199
| +16% | +$447K |
|
|
PHX
2904
DELISTED
PHX Minerals
PHX
| $2.19M | ﹤0.01% |
195,894
+1,607
| +0.8% | +$21.1K |
|
2905
Target Hospitality
TH
$1.61B
| $2.17M | ﹤0.01% |
433,824
+16,557
| +4% | +$87.1K |
|
2906
Turkcell
TKC
$4.74B
| $2.16M | ﹤0.01% |
373,088
+270,721
| +264% | +$1.54M |
|
2907
SSR Mining
SSRM
$6.63B
| $2.16M | ﹤0.01% |
112,113
+6,675
| +6% | +$104K |
|
|
VIA
2908
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $2.16M | ﹤0.01% |
46,756
+11,851
| +34% | +$593K |
|
|
STRS
2909
DELISTED
STRATUS PPTYS INC
STRS
| $2.15M | ﹤0.01% |
69,590
+6,833
| +11% | +$196K |
|
2910
Alpha Metallurgical Resources
AMR
$2.02B
| $2.15M | ﹤0.01% |
237,802
+11,174
| +5% | +$170K |
|
|
NAGE
2911
Niagen Bioscience
NAGE
$242M
| $2.15M | ﹤0.01% |
498,933
+65,762
| +15% | +$234K |
|
2912
Ring Energy
REI
$354M
| $2.15M | ﹤0.01% |
813,019
+66,505
| +9% | +$130K |
|
2913
AXT Inc
AXTI
$5.13B
| $2.14M | ﹤0.01% |
492,866
+11,056
| +2% | +$35.5K |
|
2914
Seres Therapeutics
MCRB
$47.4M
| $2.14M | ﹤0.01% |
31,047
+3,654
| +13% | +$271K |
|
2915
Crawford & Co Class A
CRD.A
$627M
| $2.14M | ﹤0.01% |
186,311
-1,678
| -0.9% | -$18.3K |
|
|
CUK
2916
DELISTED
Carnival PLC
CUK
| $2.13M | ﹤0.01% |
44,344
+36,268
| +449% | +$1.53M |
|
|
PTN
2917
Palatin Technologies
PTN
$16.8M
| $2.13M | ﹤0.01% |
2,183
+173
| +9% | +$175K |
|
2918
C&F Financial
CFFI
$288M
| $2.13M | ﹤0.01% |
38,553
+461
| +1% | +$24.6K |
|
|
GFN
2919
DELISTED
General Finance Corporation
GFN
| $2.13M | ﹤0.01% |
192,691
+1,644
| +0.9% | +$16.2K |
|
2920
Liquidity Services
LQDT
$1.35B
| $2.13M | ﹤0.01% |
357,014
+3,158
| +0.9% | +$20.3K |
|
2921
First Bank
FRBA
$469M
| $2.12M | ﹤0.01% |
191,891
+7,550
| +4% | +$81.8K |
|
|
ONIT
2922
Onity Group
ONIT
$321M
| $2.11M | ﹤0.01% |
102,890
+2,557
| +3% | +$61.9K |
|
2923
Eastern Company
EML
$154M
| $2.11M | ﹤0.01% |
69,194
+743
| +1% | +$20.8K |
|
2924
Pioneer Bancorp
PBFS
$419M
| $2.11M | ﹤0.01% |
137,985
+10,113
| +8% | +$137K |
|
|
MIME
2925
DELISTED
Mimecast Limited
MIME
| $2.11M | ﹤0.01% |
48,683
+264
| +0.5% | +$11K |
|
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.