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 | |
|---|---|---|---|---|---|---|
3301
Philips
PHG
$26.2B
| $801K | ﹤0.01% |
20,672
-11,472
| -36% | -$415K |
|
|
CLSD
3302
DELISTED
Clearside Biomedical
CLSD
| $800K | ﹤0.01% |
18,402
+2,057
| +13% | +$43.2K |
|
|
SBOW
3303
DELISTED
SilverBow Resources, Inc.
SBOW
| $797K | ﹤0.01% |
80,538
+4,148
| +5% | +$39.3K |
|
|
SDRL
3304
DELISTED
Seadrill Limited Common Stock
SDRL
| $797K | ﹤0.01% |
313,885
+13,722
| +5% | +$22.7K |
|
3305
Information Services Group
III
$249M
| $794K | ﹤0.01% |
314,086
+4,932
| +2% | +$11.7K |
|
3306
Mitsubishi UFJ Financial
MUFG
$257B
| $794K | ﹤0.01% |
146,408
+17,364
| +13% | +$91.6K |
|
3307
Oak Valley Bancorp
OVLY
$283M
| $794K | ﹤0.01% |
40,814
+832
| +2% | +$14.7K |
|
3308
Compañía de Cervecerías Unidas
CCU
$2.15B
| $789K | ﹤0.01% |
41,650
+6,110
| +17% | +$121K |
|
|
ASLEW
3309
DELISTED
AerSale Corp Warrants
ASLEW
| $786K | ﹤0.01% |
994,047
+644,047
| +184% | +$356K |
|
3310
Ultralife
ULBI
$120M
| $772K | ﹤0.01% |
104,476
+218
| +0.2% | +$1.81K |
|
3311
ORIX
IX
$44.1B
| $767K | ﹤0.01% |
45,980
+10,380
| +29% | +$167K |
|
3312
First Guaranty Bancshares
FGBI
$139M
| $765K | ﹤0.01% |
38,682
+514
| +1% | +$9.18K |
|
3313
Grupo Aeroportuario del Sureste
ASR
$8.24B
| $762K | ﹤0.01% |
4,076
+2,125
| +109% | +$361K |
|
|
CMCM
3314
Cheetah Mobile
CMCM
$93.7M
| $760K | ﹤0.01% |
41,904
+35,033
| +510% | +$627K |
|
3315
Zai Lab
ZLAB
$2.86B
| $760K | ﹤0.01% |
18,292
| – | – |
|
3316
MakeMyTrip
MMYT
$5.67B
| $753K | ﹤0.01% |
32,921
-14,487
| -31% | -$350K |
|
|
IO
3317
DELISTED
ION Geophysical Corporation
IO
| $753K | ﹤0.01% |
86,805
-1,889
| -2% | -$16.3K |
|
|
CARM
3318
DELISTED
Carisma Therapeutics
CARM
| $752K | ﹤0.01% |
36,156
+1,854
| +5% | +$42.6K |
|
|
FLNA
3319
Filana Therapeutics
FLNA
$45.1M
| $750K | ﹤0.01% |
144,251
+69,519
| +93% | +$120K |
|
|
LEAF
3320
DELISTED
Leaf Group Ltd.
LEAF
| $750K | ﹤0.01% |
187,569
+7,068
| +4% | +$26K |
|
3321
Chunghwa Telecom
CHT
$32.8B
| $748K | ﹤0.01% |
20,289
+5,280
| +35% | +$195K |
|
3322
Corvus Pharmaceuticals
CRVS
$1.27B
| $748K | ﹤0.01% |
137,555
+8,198
| +6% | +$28.7K |
|
3323
ENI
E
$79.7B
| $747K | ﹤0.01% |
24,145
+724
| +3% | +$22.2K |
|
|
PSTL
3324
Postal Realty Trust
PSTL
$702M
| $747K | ﹤0.01% |
44,105
| – | – |
|
|
NSCO.WS
3325
DELISTED
Nesco Holdings, Inc. Warrants, exerciseable for Common Stock
NSCO.WS
| $747K | ﹤0.01% |
1,591,450
+777,317
| +95% | +$429K |
|
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.