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 | |
|---|---|---|---|---|---|---|
|
AGFS
3426
DELISTED
AgroFresh Solutions Inc
AGFS
| $530K | ﹤0.01% |
205,503
+3,559
| +2% | +$8.33K |
|
3427
Vuzix
VUZI
$218M
| $529K | ﹤0.01% |
263,619
+22,904
| +10% | +$51.9K |
|
|
ATCO
3428
DELISTED
Atlas Corp.
ATCO
| $527K | ﹤0.01% |
37,135
+21,012
| +130% | +$251K |
|
3429
ProQR Therapeutics
PRQR
$262M
| $525K | ﹤0.01% |
53,071
+23,560
| +80% | +$184K |
|
|
SOHU
3430
Sohu.com
SOHU
$369M
| $525K | ﹤0.01% |
47,040
+2,700
| +6% | +$28.3K |
|
|
ICD
3431
DELISTED
Independence Contract Drilling, Inc.
ICD
| $524K | ﹤0.01% |
26,284
+2,259
| +9% | +$40.3K |
|
|
LUMO
3432
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $523K | ﹤0.01% |
22,992
-30
| -0.1% | -$428 |
|
3433
Mizuho Financial
MFG
$132B
| $522K | ﹤0.01% |
169,203
+32,700
| +24% | +$102K |
|
|
LACQ
3434
DELISTED
Leisure Acquisition Corp.
LACQ
| $521K | ﹤0.01% |
50,000
-50,000
| -50% | -$515K |
|
3435
Barclays
BCS
$94.4B
| $520K | ﹤0.01% |
54,719
-189,812
| -78% | -$1.64M |
|
|
JEQ
3436
DELISTED
abrdn Japan Equity Fund
JEQ
| $520K | ﹤0.01% |
66,953
+9,859
| +17% | +$76.2K |
|
|
KZR
3437
DELISTED
Kezar Life Sciences
KZR
| $519K | ﹤0.01% |
12,945
+386
| +3% | +$11.9K |
|
3438
ASE Group
ASX
$102B
| $518K | ﹤0.01% |
93,252
+28,529
| +44% | +$146K |
|
|
GV
3439
DELISTED
Goldfield Corporation
GV
| $517K | ﹤0.01% |
145,817
| – | – |
|
|
EVLO
3440
DELISTED
Evelo Biosciences, Inc. Common Stock
EVLO
| $514K | ﹤0.01% |
6,336
+377
| +6% | +$42.2K |
|
|
QTNT
3441
DELISTED
Quotient Limited Ordinary Shares
QTNT
| $514K | ﹤0.01% |
1,351
-12
| -0.9% | -$3.98K |
|
|
UNT
3442
DELISTED
UNIT Corporation
UNT
| $514K | ﹤0.01% |
740,046
+26,979
| +4% | +$43K |
|
3443
Aquestive Therapeutics
AQST
$529M
| $512K | ﹤0.01% |
88,068
+56,226
| +177% | +$293K |
|
3444
STRATTEC Security
STRT
$341M
| $512K | ﹤0.01% |
23,060
+359
| +2% | +$7.83K |
|
3445
LG Display
LPL
$3.48B
| $505K | ﹤0.01% |
72,842
+24,604
| +51% | +$153K |
|
3446
STMicroelectronics
STM
$48.3B
| $502K | ﹤0.01% |
18,673
-4,565
| -20% | -$108K |
|
|
IEC
3447
DELISTED
IEC Electronics Corp.
IEC
| $502K | ﹤0.01% |
55,262
-49
| -0.1% | -$371 |
|
|
CKPT
3448
DELISTED
Checkpoint Therapeutics
CKPT
| $500K | ﹤0.01% |
29,120
-734
| -2% | -$12.3K |
|
|
STEW
3449
SRH Total Return Fund
STEW
$1.81B
| $500K | ﹤0.01% |
42,486
-40,371
| -49% | -$460K |
|
3450
Atlanticus Holdings
ATLC
$1.48B
| $499K | ﹤0.01% |
55,402
+309
| +0.6% | +$2.44K |
|
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.