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 | |
|---|---|---|---|---|---|---|
1126
Protolabs
PRLB
$2.16B
| $37.7M | 0.01% |
371,076
+6,839
| +2% | +$678K |
|
1127
Ameris Bancorp
ABCB
$5.92B
| $37.6M | 0.01% |
883,963
+50,343
| +6% | +$2.15M |
|
1128
QuidelOrtho
QDEL
$959M
| $37.6M | 0.01% |
500,983
+19,560
| +4% | +$1.26M |
|
1129
Spotify
SPOT
$103B
| $37.5M | 0.01% |
250,842
+26,135
| +12% | +$3.59M |
|
|
HI
1130
DELISTED
Hillenbrand
HI
| $37.5M | 0.01% |
1,126,096
+201,578
| +22% | +$6.37M |
|
1131
Vishay Intertechnology
VSH
$5.11B
| $37.5M | 0.01% |
1,761,312
+46,215
| +3% | +$896K |
|
|
ACIA
1132
DELISTED
Acacia Communications Inc
ACIA
| $37.5M | 0.01% |
552,312
+9,149
| +2% | +$606K |
|
1133
Bankunited
BKU
$3.35B
| $37.4M | 0.01% |
1,022,388
+38,645
| +4% | +$1.35M |
|
1134
Valmont Industries
VMI
$9.52B
| $37.3M | 0.01% |
249,102
+13,339
| +6% | +$1.88M |
|
1135
Innospec
IOSP
$2.31B
| $37.3M | 0.01% |
360,148
+12,145
| +3% | +$1.16M |
|
1136
AMN Healthcare
AMN
$1.28B
| $37.2M | 0.01% |
597,577
+16,029
| +3% | +$948K |
|
1137
Advanced Energy
AEIS
$13.1B
| $37.1M | 0.01% |
521,456
+12,958
| +3% | +$806K |
|
|
AXE
1138
DELISTED
Anixter International Inc
AXE
| $37.1M | 0.01% |
402,361
-39,910
| -9% | -$3.23M |
|
1139
Wingstop
WING
$3.03B
| $37M | 0.01% |
429,269
+10,879
| +3% | +$903K |
|
1140
CNO Financial Group
CNO
$5.05B
| $37M | 0.01% |
2,038,936
+90,825
| +5% | +$1.54M |
|
1141
Box
BOX
$4.55B
| $36.9M | 0.01% |
2,200,407
+174,987
| +9% | +$2.93M |
|
1142
Yelp
YELP
$1.28B
| $36.9M | 0.01% |
1,059,341
+45,266
| +4% | +$1.54M |
|
1143
AutoNation
AN
$6.89B
| $36.9M | 0.01% |
758,183
+36,531
| +5% | +$1.85M |
|
1144
Alkermes
ALKS
$8.26B
| $36.8M | 0.01% |
1,801,612
-5,287
| -0.3% | -$105K |
|
|
SAVE
1145
DELISTED
Spirit Airlines, Inc.
SAVE
| $36.7M | 0.01% |
911,257
+26,822
| +3% | +$1.02M |
|
1146
Fox Factory Holding Corp
FOXF
$905M
| $36.7M | 0.01% |
527,971
+12,604
| +2% | +$813K |
|
1147
Liberty Global Class A
LBTYA
$3.48B
| $36.7M | 0.01% |
1,615,604
+312,667
| +24% | +$7.37M |
|
1148
Columbia Sportswear
COLM
$2.88B
| $36.7M | 0.01% |
366,123
+14,964
| +4% | +$1.42M |
|
|
VRE
1149
DELISTED
Veris Residential
VRE
| $36.5M | 0.01% |
1,577,112
+98,230
| +7% | +$2.13M |
|
1150
Watts Water Technologies
WTS
$12.8B
| $36.5M | 0.01% |
365,472
+13,813
| +4% | +$1.31M |
|
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.