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 | |
|---|---|---|---|---|---|---|
3276
Coca-Cola Femsa
KOF
$23.1B
| $848K | ﹤0.01% |
+13,995
| New | +$823K |
|
3277
Travelzoo
TZOO
$75.5M
| $845K | ﹤0.01% |
79,034
-52
| -0.1% | -$539 |
|
|
AIOT
3278
PowerFleet Inc
AIOT
$421M
| $840K | ﹤0.01% |
129,151
+49,992
| +63% | +$301K |
|
|
TEUM
3279
DELISTED
Pareteum Corporation
TEUM
| $836K | ﹤0.01% |
1,912,543
+606,279
| +46% | +$350K |
|
3280
LiqTech
LIQT
$20M
| $834K | ﹤0.01% |
17,833
| – | – |
|
3281
Dr. Reddy's Laboratories
RDY
$10.3B
| $834K | ﹤0.01% |
105,630
+42,705
| +68% | +$337K |
|
3282
Vaalco Energy
EGY
$602M
| $833K | ﹤0.01% |
375,489
+497
| +0.1% | +$985 |
|
3283
State Street SPDR S&P Dividend ETF
SDY
$22.1B
| – | – |
0
| – | – |
|
3284
Harvard Bioscience
HBIO
$27.8M
| $832K | ﹤0.01% |
27,284
+461
| +2% | +$13.3K |
|
|
TGE
3285
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $832K | ﹤0.01% |
+37,673
| New | +$723K |
|
|
MIXT
3286
DELISTED
MIX TELEMATICS LIMITED
MIXT
| $831K | ﹤0.01% |
+64,121
| New | +$811K |
|
|
MMP
3287
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $830K | ﹤0.01% |
+13,212
| New | +$823K |
|
|
SBBP
3288
DELISTED
Strongbridge Biopharma plc.
SBBP
| $828K | ﹤0.01% |
396,604
+42,020
| +12% | +$80.6K |
|
3289
Nature's Sunshine
NATR
$273M
| $827K | ﹤0.01% |
92,642
+1,079
| +1% | +$10.1K |
|
3290
Smith Micro Software
SMSI
$17M
| $827K | ﹤0.01% |
5,198
-422
| -8% | -$83.4K |
|
|
TCS
3291
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $826K | ﹤0.01% |
13,063
+493
| +4% | +$31.3K |
|
3292
Mayville Engineering Co
MEC
$596M
| $825K | ﹤0.01% |
87,997
+3,898
| +5% | +$40.5K |
|
3293
InterContinental Hotels
IHG
$23.9B
| $823K | ﹤0.01% |
11,997
-388
| -3% | -$24.2K |
|
|
MCN
3294
Madison Covered Call & Equity Strategy Fund
MCN
$119M
| $819K | ﹤0.01% |
123,578
+71,206
| +136% | +$461K |
|
3295
Cyclerion Therapeutics
CYCN
$18.4M
| $817K | ﹤0.01% |
15,019
+2,725
| +22% | +$254K |
|
|
RAPT
3296
DELISTED
RAPT Therapeutics
RAPT
| $816K | ﹤0.01% |
+3,698
| New | +$681K |
|
|
AUY
3297
DELISTED
Yamana Gold, Inc.
AUY
| $813K | ﹤0.01% |
205,764
+25,339
| +14% | +$89K |
|
|
MJCO
3298
DELISTED
Majesco
MJCO
| $813K | ﹤0.01% |
98,638
+1,116
| +1% | +$9.41K |
|
3299
Hovnanian Enterprises
HOV
$793M
| $808K | ﹤0.01% |
38,741
-199
| -0.5% | -$4.7K |
|
|
GOEVW
3300
DELISTED
Canoo Inc. Warrant
GOEVW
| $806K | ﹤0.01% |
1,010,710
+98,198
| +11% | +$85.4K |
|
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.