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 | |
|---|---|---|---|---|---|---|
|
SBT
3001
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $1.81M | ﹤0.01% |
223,574
-21,897
| -9% | -$203K |
|
|
PCTI
3002
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $1.81M | ﹤0.01% |
213,737
-59,164
| -22% | -$491K |
|
3003
DraftKings
DKNG
$12.7B
| $1.81M | ﹤0.01% |
169,116
-137,299
| -45% | -$1.39M |
|
|
CMRX
3004
DELISTED
Chimerix, Inc.
CMRX
| $1.81M | ﹤0.01% |
891,021
+56,663
| +7% | +$104K |
|
|
CASA
3005
DELISTED
Casa Systems, Inc. Common Stock
CASA
| $1.81M | ﹤0.01% |
441,746
-15,172
| -3% | -$72.5K |
|
3006
Union Bankshares
UNB
$120M
| $1.79M | ﹤0.01% |
49,528
+345
| +0.7% | +$11.7K |
|
3007
Genie Energy
GNE
$380M
| $1.79M | ﹤0.01% |
232,025
+4,353
| +2% | +$34.1K |
|
3008
Natural Gas Services Group
NGS
$474M
| $1.79M | ﹤0.01% |
145,780
+6,779
| +5% | +$79.9K |
|
|
PROS
3009
DELISTED
ProSight Global, Inc.
PROS
| $1.79M | ﹤0.01% |
110,767
+12,812
| +13% | +$216K |
|
|
PZN
3010
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $1.78M | ﹤0.01% |
207,011
+211
| +0.1% | +$1.82K |
|
3011
Comstock Resources
CRK
$4.09B
| $1.78M | ﹤0.01% |
216,656
+16,611
| +8% | +$116K |
|
3012
Medallion Financial
MFIN
$257M
| $1.78M | ﹤0.01% |
244,677
+19,960
| +9% | +$131K |
|
|
HTT
3013
High Templar Tech Ltd
HTT
$391M
| $1.78M | ﹤0.01% |
380,032
+355,518
| +1,450% | +$2.09M |
|
3014
Rio Tinto
RIO
$165B
| $1.77M | ﹤0.01% |
29,905
-1,384
| -4% | -$75.1K |
|
3015
RELX
RELX
$60.2B
| $1.77M | ﹤0.01% |
70,100
+6,686
| +11% | +$160K |
|
3016
Vitamin Cottage Natural Grocers
NGVC
$632M
| $1.77M | ﹤0.01% |
179,175
-3,000
| -2% | -$27.5K |
|
|
ZYXI
3017
DELISTED
Zynex
ZYXI
| $1.76M | ﹤0.01% |
246,521
+8,011
| +3% | +$70.4K |
|
|
AKRO
3018
DELISTED
Akero Therapeutics
AKRO
| $1.76M | ﹤0.01% |
79,244
+4,713
| +6% | +$97.5K |
|
3019
Consolidated Water Co
CWCO
$505M
| $1.76M | ﹤0.01% |
107,749
+32,482
| +43% | +$536K |
|
3020
BlueLinx
BXC
$701M
| $1.75M | ﹤0.01% |
123,223
+4,006
| +3% | +$82.2K |
|
3021
SandRidge Energy
SD
$529M
| $1.75M | ﹤0.01% |
413,116
+14,734
| +4% | +$61.6K |
|
3022
Energy Transfer Partners
ET
$72.1B
| $1.75M | ﹤0.01% |
136,179
+117,331
| +623% | +$1.45M |
|
3023
B2Gold
BTG
$6.88B
| $1.74M | ﹤0.01% |
433,305
+82,885
| +24% | +$292K |
|
3024
Alico
ALCO
$308M
| $1.73M | ﹤0.01% |
48,403
+7,490
| +18% | +$252K |
|
|
XOMA
3025
DELISTED
Xoma
XOMA
| $1.73M | ﹤0.01% |
63,388
+4,423
| +8% | +$99K |
|
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.