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 | |
|---|---|---|---|---|---|---|
|
ETRN
1276
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $30.4M | 0.01% |
2,274,487
+74,670
| +3% | +$926K |
|
1277
CGI
GIB
$15.5B
| $30.4M | 0.01% |
365,461
+60,767
| +20% | +$4.89M |
|
|
CLR
1278
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $30.3M | 0.01% |
883,516
+29,030
| +3% | +$901K |
|
|
BBBY
1279
DELISTED
Bed Bath & Beyond Inc
BBBY
| $30.2M | 0.01% |
1,747,754
+8,587
| +0.5% | +$120K |
|
1280
Cabot Corp
CBT
$4.49B
| $30.2M | 0.01% |
636,034
+8,032
| +1% | +$373K |
|
|
CADE
1281
DELISTED
Cadence Bancorporation
CADE
| $30M | 0.01% |
1,656,999
+77,052
| +5% | +$1.29M |
|
1282
Kite Realty
KRG
$5.24B
| $30M | 0.01% |
1,536,872
+132,427
| +9% | +$2.39M |
|
|
MANT
1283
DELISTED
Mantech International Corp
MANT
| $30M | 0.01% |
375,021
+17,089
| +5% | +$1.28M |
|
1284
Commault Systems
CVLT
$5.78B
| $29.9M | 0.01% |
670,629
+62,351
| +10% | +$2.95M |
|
|
THS
1285
DELISTED
Treehouse Foods
THS
| $29.8M | 0.01% |
614,946
+11,667
| +2% | +$597K |
|
1286
Artisan Partners
APAM
$3.08B
| $29.7M | 0.01% |
920,366
+17,617
| +2% | +$509K |
|
1287
Otter Tail
OTTR
$3.96B
| $29.7M | 0.01% |
579,274
+10,046
| +2% | +$521K |
|
|
EPAY
1288
DELISTED
Bottomline Technologies Inc
EPAY
| $29.7M | 0.01% |
553,409
+19,274
| +4% | +$877K |
|
1289
Asbury Automotive
ABG
$3.73B
| $29.7M | 0.01% |
265,316
+19,463
| +8% | +$2.09M |
|
1290
Walker & Dunlop
WD
$1.48B
| $29.6M | 0.01% |
458,239
+8,309
| +2% | +$526K |
|
|
MNTA
1291
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $29.6M | 0.01% |
1,498,271
+161,650
| +12% | +$2.58M |
|
|
BECN
1292
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $29.6M | 0.01% |
924,172
+18,432
| +2% | +$583K |
|
|
DEA
1293
Easterly Government Properties
DEA
$1.14B
| $29.5M | 0.01% |
497,634
+34,966
| +8% | +$1.97M |
|
1294
Genworth Financial
GNW
$3.7B
| $29.5M | 0.01% |
6,705,516
+222,362
| +3% | +$935K |
|
1295
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$144M
| – | – |
0
| – | – |
|
1296
FormFactor
FORM
$9.46B
| $29.4M | 0.01% |
1,131,624
+124,364
| +12% | +$2.81M |
|
|
CHX
1297
DELISTED
ChampionX
CHX
| $29.3M | 0.01% |
867,337
-2,907
| -0.3% | -$79.1K |
|
1298
Fluor
FLR
$7.08B
| $29.3M | 0.01% |
1,551,580
+24,667
| +2% | +$448K |
|
1299
News Corp Class B
NWS
$17.7B
| $29.3M | 0.01% |
2,021,145
+67,347
| +3% | +$928K |
|
1300
Ironwood Pharmaceuticals
IRWD
$711M
| $29.2M | 0.01% |
2,194,088
+33,084
| +2% | +$365K |
|
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.