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 | |
|---|---|---|---|---|---|---|
|
TCO
1326
DELISTED
Taubman Centers Inc.
TCO
| $28.4M | 0.01% |
914,146
+26,173
| +3% | +$897K |
|
1327
eHealth
EHTH
$39.1M
| $28.4M | 0.01% |
295,334
+13,652
| +5% | +$1.06M |
|
1328
Coca-Cola Consolidated
COKE
$12.1B
| $28.3M | 0.01% |
996,970
-88,070
| -8% | -$2.46M |
|
|
ONC
1329
BeOne Medicines Ltd
ONC
$40.6B
| $28.3M | 0.01% |
173,372
+6,902
| +4% | +$1.15M |
|
|
PINC
1330
DELISTED
Premier
PINC
| $28.3M | 0.01% |
746,673
+79,713
| +12% | +$2.81M |
|
1331
Telephone and Data Systems
TDS
$3.84B
| $28.2M | 0.01% |
1,109,726
-143,779
| -11% | -$3.52M |
|
|
BHVN
1332
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $28.2M | 0.01% |
517,815
+195
| +0% | +$9.66K |
|
1333
Ambarella
AMBA
$3.64B
| $28.1M | 0.01% |
463,987
+19,574
| +4% | +$1.08M |
|
1334
Mercado Libre
MELI
$98.4B
| $28M | 0.01% |
49,495
-6,377
| -11% | -$3.53M |
|
1335
Arcosa
ACA
$7.12B
| $28M | 0.01% |
629,095
+15,936
| +3% | +$613K |
|
1336
LendingTree
TREE
$443M
| $27.9M | 0.01% |
92,022
+3,968
| +5% | +$1.31M |
|
1337
Bloomin' Brands
BLMN
$952M
| $27.9M | 0.01% |
1,265,094
+21,383
| +2% | +$454K |
|
1338
Forward Air
FWRD
$628M
| $27.8M | 0.01% |
398,137
+22,758
| +6% | +$1.54M |
|
|
PMT
1339
PennyMac Mortgage Investment
PMT
$824M
| $27.8M | 0.01% |
1,249,062
+166,974
| +15% | +$3.78M |
|
|
MDRX
1340
DELISTED
Veradigm Inc. Common Stock
MDRX
| $27.8M | 0.01% |
2,834,508
+84,092
| +3% | +$886K |
|
|
TRTN
1341
DELISTED
Triton International Limited
TRTN
| $27.7M | 0.01% |
688,307
+14,544
| +2% | +$538K |
|
1342
Quaker Houghton
KWR
$2.94B
| $27.6M | 0.01% |
168,021
-9,767
| -5% | -$1.51M |
|
1343
CareTrust REIT
CTRE
$9.14B
| $27.6M | 0.01% |
1,336,066
+62,884
| +5% | +$1.38M |
|
1344
Nu Skin
NUS
$237M
| $27.5M | 0.01% |
671,818
+75,364
| +13% | +$3.08M |
|
1345
Element Solutions
ESI
$9.17B
| $27.4M | 0.01% |
2,347,893
+69,767
| +3% | +$770K |
|
1346
Glaukos
GKOS
$10.7B
| $27.3M | 0.01% |
501,942
+50,061
| +11% | +$3.05M |
|
|
BMCH
1347
DELISTED
BMC Stock Holdings, Inc
BMCH
| $27.3M | 0.01% |
951,450
+34,663
| +4% | +$975K |
|
1348
Renasant Corp
RNST
$3.92B
| $27.3M | 0.01% |
770,561
+14,699
| +2% | +$519K |
|
1349
Worthington Enterprises
WOR
$2.79B
| $27.3M | 0.01% |
1,048,063
+102,523
| +11% | +$2.41M |
|
1350
Laureate Education
LAUR
$5.05B
| $27.2M | 0.01% |
1,547,029
+117,254
| +8% | +$1.93M |
|
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.