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 | |
|---|---|---|---|---|---|---|
3226
First United
FUNC
$294M
| $1.01M | ﹤0.01% |
41,960
+1,537
| +4% | +$36.4K |
|
3227
Transcontinental Realty Investors
TCI
$318M
| $1M | ﹤0.01% |
25,157
+87
| +0.3% | +$2.93K |
|
|
FONR
3228
DELISTED
Fonar
FONR
| $999K | ﹤0.01% |
50,761
| – | – |
|
|
GAM
3229
General American Investors Company
GAM
$1.61B
| $993K | ﹤0.01% |
26,338
-33,738
| -56% | -$1.24M |
|
|
DZSI
3230
DELISTED
DZS Inc. Common Stock
DZSI
| $993K | ﹤0.01% |
112,164
+14,847
| +15% | +$117K |
|
3231
Alliance Resource Partners
ARLP
$3.23B
| $982K | ﹤0.01% |
90,821
+360
| +0.4% | +$4.32K |
|
3232
Escalade
ESCA
$284M
| $981K | ﹤0.01% |
99,868
+482
| +0.5% | +$5.22K |
|
|
TEN
3233
Tsakos Energy Navigation Ltd
TEN
$1.18B
| $981K | ﹤0.01% |
45,066
+38,953
| +637% | +$714K |
|
3234
Legacy Housing
LEGH
$683M
| $977K | ﹤0.01% |
58,721
+11,008
| +23% | +$173K |
|
3235
Fulcrum Therapeutics
FULC
$284M
| $976K | ﹤0.01% |
58,701
+30,910
| +111% | +$295K |
|
|
FTV.PRA
3236
DELISTED
Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
| – | – |
0
| – | – |
|
3237
Shinhan Financial Group
SHG
$34.6B
| $971K | ﹤0.01% |
25,531
+7,106
| +39% | +$263K |
|
3238
VolitionRx Ltd
VNRX
$8.05M
| $970K | ﹤0.01% |
10,242
-621
| -6% | -$64.4K |
|
|
RVLP
3239
DELISTED
RVL Pharmaceuticals plc Ordinary Shares
RVLP
| $964K | ﹤0.01% |
137,926
+32,740
| +31% | +$175K |
|
3240
Silvercrest Asset Management
SAMG
$78.6M
| $958K | ﹤0.01% |
76,171
+3,134
| +4% | +$39.5K |
|
3241
Organogenesis Holdings
ORGO
$233M
| $955K | ﹤0.01% |
198,579
+22,442
| +13% | +$142K |
|
3242
Cibus
CBUS
$144M
| $954K | ﹤0.01% |
2,722
+71
| +3% | +$17.8K |
|
|
TLND
3243
DELISTED
Talend S.A. American Depositary Shares
TLND
| $954K | ﹤0.01% |
24,408
+132
| +0.5% | +$4.86K |
|
|
SOLY
3244
DELISTED
Soliton, Inc.
SOLY
| $948K | ﹤0.01% |
86,376
+6,645
| +8% | +$76.1K |
|
3245
Crawford & Co Class B
CRD.B
$589M
| $946K | ﹤0.01% |
93,245
-706
| -0.8% | -$6.93K |
|
|
KA
3246
DELISTED
Kineta, Inc. Common Stock
KA
| $945K | ﹤0.01% |
2,962
+23
| +0.8% | +$5.17K |
|
3247
Tenaris
TS
$26.8B
| $939K | ﹤0.01% |
41,515
-27,188
| -40% | -$585K |
|
3248
Red Violet
RDVT
$1.11B
| $936K | ﹤0.01% |
50,617
+3,236
| +7% | +$52.3K |
|
3249
Rush Enterprises Class B
RUSHB
$9.18B
| $936K | ﹤0.01% |
46,089
+65
| +0.1% | +$1.26K |
|
3250
Energy Fuels
UUUU
$3.62B
| $936K | ﹤0.01% |
490,345
+62,899
| +15% | +$124K |
|
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.