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 | |
|---|---|---|---|---|---|---|
3026
Culp Inc
CULP
$43.8M
| $1.73M | ﹤0.01% |
126,834
+3,671
| +3% | +$56.3K |
|
|
OYST
3027
DELISTED
Oyster Point Pharma, Inc. Common Stock
OYST
| $1.72M | ﹤0.01% |
+70,491
| New | +$1.24M |
|
3028
OptimizeRx
OPRX
$132M
| $1.72M | ﹤0.01% |
167,575
+10,278
| +7% | +$116K |
|
|
WHLRD
3029
Wheeler Real Estate Investment Trust Series D Preferred Stock
WHLRD
$63.8M
| – | – |
0
| – | – |
|
|
ESTE
3030
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $1.7M | ﹤0.01% |
268,256
+17,082
| +7% | +$80.4K |
|
|
CLPR
3031
Clipper Realty
CLPR
$50.9M
| $1.69M | ﹤0.01% |
159,878
+1,970
| +1% | +$18.8K |
|
|
PAMT
3032
PAMT Corp
PAMT
$279M
| $1.69M | ﹤0.01% |
117,372
+1,172
| +1% | +$17.1K |
|
|
TREC
3033
DELISTED
Trecora Resources
TREC
| $1.69M | ﹤0.01% |
236,701
+1,836
| +0.8% | +$15K |
|
|
ZYNE
3034
DELISTED
Zynerba Pharmaceuticals, Inc
ZYNE
| $1.69M | ﹤0.01% |
279,499
+4,749
| +2% | +$32.5K |
|
3035
Ohio Valley Banc Corp
OVBC
$211M
| $1.68M | ﹤0.01% |
42,431
+520
| +1% | +$19.5K |
|
|
MMAC
3036
DELISTED
MMA Capital Holdings, Inc. Common Stock
MMAC
| $1.68M | ﹤0.01% |
52,694
+938
| +2% | +$29.6K |
|
|
XXII
3037
22nd Century Group
XXII
$1.49M
| – | – |
0
| – | – |
|
|
ESSA
3038
DELISTED
ESSA Bancorp
ESSA
| $1.66M | ﹤0.01% |
97,911
+976
| +1% | +$16.3K |
|
|
FNCB
3039
DELISTED
FNCB Bancorp Inc. Common Stock
FNCB
| $1.66M | ﹤0.01% |
196,375
+765
| +0.4% | +$6.02K |
|
|
PRTY
3040
DELISTED
Party City Holdco Inc.
PRTY
| $1.65M | ﹤0.01% |
707,057
+15,524
| +2% | +$58.4K |
|
3041
Marchex
MCHX
$77.5M
| $1.65M | ﹤0.01% |
436,351
+10,781
| +3% | +$38.8K |
|
|
NIHD
3042
DELISTED
NII Holdings, Inc. Common Stock
NIHD
| $1.65M | ﹤0.01% |
759,734
-95,100
| -11% | -$184K |
|
3043
Hamilton Beach Brands
HBB
$443M
| $1.65M | ﹤0.01% |
86,195
+701
| +0.8% | +$12.9K |
|
3044
Amplify Energy
AMPY
$182M
| $1.64M | ﹤0.01% |
248,426
-12,415
| -5% | -$79.9K |
|
3045
Abeona Therapeutics
ABEO
$425M
| $1.63M | ﹤0.01% |
19,977
+2,486
| +14% | +$175K |
|
3046
Acacia Research
ACTG
$455M
| $1.62M | ﹤0.01% |
610,841
+6,550
| +1% | +$18K |
|
3047
Silicon Motion
SIMO
$8.18B
| $1.62M | ﹤0.01% |
31,871
+168
| +0.5% | +$7.21K |
|
3048
BHP
BHP
$229B
| $1.61M | ﹤0.01% |
33,025
-6,230
| -16% | -$283K |
|
3049
iRadimed
IRMD
$1.12B
| $1.61M | ﹤0.01% |
68,826
+4,025
| +6% | +$94K |
|
3050
Superior Group of Companies
SGC
$213M
| $1.61M | ﹤0.01% |
118,899
+645
| +0.5% | +$9.31K |
|
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.