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 | |
|---|---|---|---|---|---|---|
|
AC
3076
DELISTED
Associated Capital Group
AC
| $1.51M | ﹤0.01% |
38,744
+620
| +2% | +$23.3K |
|
|
AFI
3077
DELISTED
Armstrong Flooring, Inc.
AFI
| $1.51M | ﹤0.01% |
353,803
-54,332
| -13% | -$266K |
|
|
MRNS
3078
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $1.51M | ﹤0.01% |
174,715
+8,584
| +5% | +$48.2K |
|
|
NINE
3079
DELISTED
Nine Energy Service
NINE
| $1.51M | ﹤0.01% |
192,791
+17,261
| +10% | +$100K |
|
|
MFNC
3080
DELISTED
Mackinac Financial Corporation
MFNC
| $1.5M | ﹤0.01% |
86,093
+1,667
| +2% | +$26.5K |
|
|
FTR
3081
DELISTED
Frontier Communications Corp.
FTR
| $1.49M | ﹤0.01% |
1,678,728
+171,622
| +11% | +$140K |
|
3082
Novavax
NVAX
$1.31B
| $1.48M | ﹤0.01% |
373,068
+10,874
| +3% | +$47.2K |
|
3083
Texas Pacific Land
TPL
$23.6B
| $1.48M | ﹤0.01% |
+17,046
| New | +$1.25M |
|
|
ETNB
3084
DELISTED
89bio
ETNB
| $1.47M | ﹤0.01% |
+56,033
| New | +$1.56M |
|
3085
Radware
RDWR
$1.22B
| $1.46M | ﹤0.01% |
56,720
-3,389
| -6% | -$80.2K |
|
|
JAX
3086
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $1.46M | ﹤0.01% |
152,840
+8,716
| +6% | +$88.1K |
|
|
FLNT
3087
Fluent
FLNT
$129M
| $1.45M | ﹤0.01% |
96,482
+749
| +0.8% | +$10.1K |
|
3088
NextDecade
NEXT
$1.8B
| $1.45M | ﹤0.01% |
235,430
-8,045
| -3% | -$50.1K |
|
3089
MetroCity Bankshares
MCBS
$1.04B
| $1.44M | ﹤0.01% |
+82,383
| New | +$1.23M |
|
|
DEACW
3090
DELISTED
Diamond Eagle Acquisition Corp. Warrant
DEACW
| $1.44M | ﹤0.01% |
600,000
+531,195
| +772% | +$730K |
|
3091
Red River Bancshares
RRBI
$674M
| $1.44M | ﹤0.01% |
+25,675
| New | +$1.22M |
|
3092
Mirum Pharmaceuticals
MIRM
$6.04B
| $1.44M | ﹤0.01% |
58,568
+37,510
| +178% | +$400K |
|
|
LUNA
3093
DELISTED
Luna Innovations Incorporated
LUNA
| $1.42M | ﹤0.01% |
195,407
+517
| +0.3% | +$3.41K |
|
3094
Saga Communications
SGA
$64.6M
| $1.42M | ﹤0.01% |
46,589
+671
| +1% | +$20.4K |
|
|
ACOR
3095
DELISTED
Acorda Therapeutics
ACOR
| $1.41M | ﹤0.01% |
5,756
+1,063
| +23% | +$268K |
|
|
USX
3096
DELISTED
U.S. Xpress Enterprises, Inc. Class A Common Stock
USX
| $1.41M | ﹤0.01% |
279,908
+25,973
| +10% | +$127K |
|
3097
Flotek Industries
FTK
$1.35B
| $1.41M | ﹤0.01% |
117,122
+1,231
| +1% | +$14.2K |
|
|
FFNW
3098
DELISTED
First Financial Northwest, Inc
FFNW
| $1.4M | ﹤0.01% |
93,853
+296
| +0.3% | +$4.29K |
|
3099
Gaia
GAIA
$30.8M
| $1.4M | ﹤0.01% |
175,382
+5,454
| +3% | +$42.2K |
|
3100
Pearson
PSO
$9.7B
| $1.4M | ﹤0.01% |
166,245
+22,235
| +15% | +$191K |
|
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.