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 | |
|---|---|---|---|---|---|---|
|
SFBS
1376
ServisFirst Bancshares
SFBS
$4.88B
| $26.3M | 0.01% |
697,269
+16,128
| +2% | +$577K |
|
1377
Four Corners Property Trust
FCPT
$2.69B
| $26.2M | 0.01% |
930,756
+51,378
| +6% | +$1.44M |
|
1378
Avis
CAR
$4.97B
| $26.2M | 0.01% |
813,399
+23,543
| +3% | +$706K |
|
1379
Sprouts Farmers Market
SFM
$7.87B
| $26.2M | 0.01% |
1,354,741
+6,774
| +0.5% | +$131K |
|
|
EPZM
1380
DELISTED
Epizyme, Inc
EPZM
| $26.2M | 0.01% |
1,063,640
+65,639
| +7% | +$974K |
|
1381
Hope Bancorp
HOPE
$1.82B
| $26.1M | 0.01% |
1,757,521
+135,860
| +8% | +$1.97M |
|
|
CUB
1382
DELISTED
Cubic Corporation
CUB
| $26.1M | 0.01% |
410,229
+26,447
| +7% | +$1.79M |
|
1383
Matador Resources
MTDR
$6.51B
| $26.1M | 0.01% |
1,450,966
+81,866
| +6% | +$1.22M |
|
1384
Ligand Pharmaceuticals
LGND
$5.76B
| $26.1M | 0.01% |
400,599
-12,165
| -3% | -$813K |
|
|
MTOR
1385
DELISTED
MERITOR, Inc.
MTOR
| $26M | 0.01% |
993,216
-35,623
| -3% | -$804K |
|
|
UHT
1386
Universal Health Realty Income Trust
UHT
$566M
| $26M | 0.01% |
221,441
+7,521
| +4% | +$856K |
|
1387
Magna International
MGA
$18.8B
| $25.9M | 0.01% |
475,354
+47,514
| +11% | +$2.58M |
|
1388
McGrath RentCorp
MGRC
$2.95B
| $25.9M | 0.01% |
338,736
+12,726
| +4% | +$924K |
|
|
SC
1389
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $25.9M | 0.01% |
1,109,316
+19,646
| +2% | +$477K |
|
1390
Freshpet
FRPT
$3.45B
| $25.9M | 0.01% |
437,522
+16,092
| +4% | +$857K |
|
|
KAMN
1391
DELISTED
Kaman Corp
KAMN
| $25.8M | 0.01% |
392,035
+35,842
| +10% | +$2.24M |
|
|
CALY
1392
Callaway Golf Company
CALY
$3.01B
| $25.8M | 0.01% |
1,217,770
+80,709
| +7% | +$1.65M |
|
|
MGLN
1393
DELISTED
Magellan Health Services, Inc.
MGLN
| $25.8M | 0.01% |
329,254
+11,659
| +4% | +$820K |
|
|
SAIL
1394
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $25.8M | 0.01% |
1,091,642
+43,952
| +4% | +$961K |
|
1395
Advanced Drainage Systems
WMS
$10.8B
| $25.6M | 0.01% |
660,066
+61,982
| +10% | +$2.29M |
|
1396
Cohen & Steers
CNS
$4.34B
| $25.6M | 0.01% |
408,473
+9,610
| +2% | +$608K |
|
1397
Federal Signal
FSS
$7.86B
| $25.6M | 0.01% |
794,835
+24,312
| +3% | +$793K |
|
1398
DigitalBridge
DBRG
$2.95B
| $25.6M | 0.01% |
1,344,921
+59,008
| +5% | +$1.22M |
|
1399
Open Text
OTEX
$5.81B
| $25.6M | 0.01% |
581,447
+44,258
| +8% | +$1.86M |
|
|
PRA
1400
DELISTED
ProAssurance
PRA
| $25.3M | 0.01% |
701,090
+27,182
| +4% | +$1.04M |
|
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.