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 | |
|---|---|---|---|---|---|---|
|
CLDR
1151
DELISTED
Cloudera, Inc.
CLDR
| $36.5M | 0.01% |
3,134,839
+163,159
| +5% | +$1.56M |
|
1152
Floor & Decor
FND
$6.44B
| $36.5M | 0.01% |
717,524
+37,750
| +6% | +$1.77M |
|
1153
Pegasystems
PEGA
$5.44B
| $36.3M | 0.01% |
911,826
+29,216
| +3% | +$1.1M |
|
1154
Choice Hotels
CHH
$4.62B
| $36.3M | 0.01% |
350,762
+25,901
| +8% | +$2.42M |
|
|
EE
1155
DELISTED
El Paso Electric Company
EE
| $36.1M | 0.01% |
532,084
-10,862
| -2% | -$732K |
|
1156
OneMain Financial
OMF
$7.32B
| $36M | 0.01% |
854,351
+27,622
| +3% | +$1.12M |
|
|
ROIC
1157
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $36M | 0.01% |
2,036,394
+99,487
| +5% | +$1.8M |
|
1158
Diodes
DIOD
$4.75B
| $35.9M | 0.01% |
637,387
-39,410
| -6% | -$1.82M |
|
1159
Medpace
MEDP
$16.9B
| $35.9M | 0.01% |
427,232
+4,306
| +1% | +$333K |
|
1160
WesBanco
WSBC
$4.05B
| $35.8M | 0.01% |
948,072
+178,964
| +23% | +$6.68M |
|
1161
Deluxe
DLX
$1.09B
| $35.8M | 0.01% |
716,325
+8,970
| +1% | +$447K |
|
1162
Synaptics
SYNA
$4.18B
| $35.7M | 0.01% |
543,457
-26,696
| -5% | -$1.41M |
|
|
EVBG
1163
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $35.7M | 0.01% |
457,765
+16,354
| +4% | +$1.26M |
|
1164
Guardant Health
GH
$22.2B
| $35.6M | 0.01% |
456,166
+17,950
| +4% | +$1.29M |
|
1165
Monro
MNRO
$365M
| $35.6M | 0.01% |
454,760
-17,329
| -4% | -$1.31M |
|
1166
BOK Financial
BOKF
$8.75B
| $35.5M | 0.01% |
406,297
+8,626
| +2% | +$703K |
|
1167
Hyatt Hotels
H
$16.3B
| $35.5M | 0.01% |
395,654
+9,706
| +3% | +$757K |
|
|
SEM
1168
DELISTED
Select Medical
SEM
| $35.4M | 0.01% |
2,816,469
+63,009
| +2% | +$679K |
|
1169
LXP Industrial Trust
LXP
$3.58B
| $35.4M | 0.01% |
666,051
+31,046
| +5% | +$1.66M |
|
1170
Wolverine World Wide
WWW
$1.49B
| $35.4M | 0.01% |
1,048,044
-3,314
| -0.3% | -$103K |
|
1171
Rapid7
RPD
$894M
| $35.4M | 0.01% |
631,200
+29,603
| +5% | +$1.54M |
|
1172
Energizer
ENR
$1.53B
| $35.3M | 0.01% |
702,486
+14,475
| +2% | +$666K |
|
1173
Applied Industrial Technologies
AIT
$13B
| $35.2M | 0.01% |
527,778
-8,549
| -2% | -$524K |
|
1174
Evercore
EVR
$11.7B
| $35.2M | 0.01% |
470,283
-89,420
| -16% | -$6.82M |
|
1175
Dana Inc
DAN
$3.27B
| $35.1M | 0.01% |
1,925,961
+52,973
| +3% | +$884K |
|
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.