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 | |
|---|---|---|---|---|---|---|
|
CYBE
3251
DELISTED
Cyberoptics Corp
CYBE
| $936K | ﹤0.01% |
50,952
+542
| +1% | +$9.21K |
|
3252
Lifetime Brands
LCUT
$219M
| $934K | ﹤0.01% |
134,448
+243
| +0.2% | +$1.75K |
|
3253
Star Bulk Carriers
SBLK
$3.11B
| $927K | ﹤0.01% |
78,527
+480
| +0.6% | +$5.19K |
|
|
ARAV
3254
DELISTED
Aravive, Inc. Common Stock
ARAV
| $922K | ﹤0.01% |
67,515
+37,358
| +124% | +$330K |
|
3255
Lee Enterprises
LEE
$182M
| $920K | ﹤0.01% |
64,834
+504
| +0.8% | +$8.99K |
|
3256
Capital Bancorp
CBNK
$617M
| $919K | ﹤0.01% |
61,742
+2,796
| +5% | +$39.7K |
|
3257
Arcturus Therapeutics
ARCT
$216M
| $918K | ﹤0.01% |
84,495
+5,745
| +7% | +$60.1K |
|
|
PYX
3258
DELISTED
Pyxus International, Inc.
PYX
| $917K | ﹤0.01% |
102,638
+988
| +1% | +$9.54K |
|
3259
Honda
HMC
$40.6B
| $916K | ﹤0.01% |
32,377
+7,130
| +28% | +$199K |
|
3260
Verastem
VSTM
$629M
| $915K | ﹤0.01% |
56,944
+142
| +0.2% | +$2.04K |
|
3261
Grupo Cibest SA
CIB
$22.6B
| $912K | ﹤0.01% |
16,659
+871
| +6% | +$45K |
|
3262
Dyadic International
DYAI
$32.1M
| $909K | ﹤0.01% |
175,483
+2,723
| +2% | +$16.3K |
|
|
CVIA
3263
DELISTED
Covia Holdings Corporation Common Stock
CVIA
| $905K | ﹤0.01% |
443,665
+15,041
| +4% | +$24.3K |
|
3264
Fortress Biotech
FBIO
$91.4M
| $898K | ﹤0.01% |
23,300
-198
| -0.8% | -$5.08K |
|
3265
Perion Network
PERI
$377M
| $898K | ﹤0.01% |
144,556
+62,632
| +76% | +$330K |
|
|
INDT
3266
DELISTED
INDUS Realty Trust, Inc. (MD) Common Stock
INDT
| $894K | ﹤0.01% |
22,605
+990
| +5% | +$38.5K |
|
3267
Central Garden & Pet Co
CENT
$2.79B
| $882K | ﹤0.01% |
35,499
+16,045
| +82% | +$382K |
|
|
TA
3268
DELISTED
TravelCenters of America LLC
TA
| $874K | ﹤0.01% |
50,967
+29,818
| +141% | +$338K |
|
|
SREV
3269
DELISTED
ServiceSource International, Inc.
SREV
| $874K | ﹤0.01% |
523,879
+14,826
| +3% | +$19.3K |
|
|
ASNA
3270
DELISTED
Ascena Retail Group, Inc.
ASNA
| $873K | ﹤0.01% |
113,901
-2,331
| -2% | -$19.1K |
|
|
SVM
3271
Silvercorp Metals
SVM
$2.68B
| $867K | ﹤0.01% |
153,813
-159,154
| -51% | -$740K |
|
3272
Smart Sand
SND
$213M
| $865K | ﹤0.01% |
343,453
+13,356
| +4% | +$33K |
|
3273
Tilray
TLRY
$637M
| $864K | ﹤0.01% |
5,044
+251
| +5% | +$51.9K |
|
3274
Ponce Financial Group
PDLB
$500M
| $857K | ﹤0.01% |
81,397
+674
| +0.8% | +$6.86K |
|
|
BXRX
3275
DELISTED
Baudax Bio, Inc. Common Stock
BXRX
| $850K | ﹤0.01% |
+88
| New | +$751K |
|
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.