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 | |
|---|---|---|---|---|---|---|
1401
Terex
TEX
$7.74B
| $25.3M | 0.01% |
850,173
+39,512
| +5% | +$1.11M |
|
|
CVSA
1402
Covista Inc
CVSA
$4.31B
| $25.3M | 0.01% |
723,344
+30,583
| +4% | +$1.05M |
|
1403
Rush Enterprises Class A
RUSHA
$9.52B
| $25.3M | 0.01% |
1,222,166
-14,731
| -1% | -$287K |
|
1404
Westamerica Bancorp
WABC
$1.36B
| $25.2M | 0.01% |
371,578
+10,631
| +3% | +$695K |
|
|
CSGS
1405
DELISTED
CSG Systems International
CSGS
| $25.2M | 0.01% |
486,297
-47,216
| -9% | -$2.55M |
|
|
GWB
1406
DELISTED
Great Western Bancorp, Inc.
GWB
| $25.2M | 0.01% |
724,317
+3,207
| +0.4% | +$111K |
|
1407
Adient
ADNT
$1.48B
| $25M | 0.01% |
1,174,587
-38,385
| -3% | -$851K |
|
1408
Coeur Mining
CDE
$19.1B
| $24.9M | 0.01% |
3,086,004
+305,962
| +11% | +$1.89M |
|
1409
Hain Celestial
HAIN
$48.8M
| $24.9M | 0.01% |
959,141
+3,263
| +0.3% | +$78K |
|
1410
Towne Bank
TOWN
$3.46B
| $24.8M | 0.01% |
890,885
+31,938
| +4% | +$895K |
|
1411
Melco Resorts & Entertainment
MLCO
$2.16B
| $24.7M | 0.01% |
1,038,236
+67,496
| +7% | +$1.47M |
|
|
HTO
1412
H2O America
HTO
$2.61B
| $24.7M | 0.01% |
348,114
+34,204
| +11% | +$2.42M |
|
|
PDCO
1413
DELISTED
Patterson Companies, Inc.
PDCO
| $24.7M | 0.01% |
1,205,611
+49,909
| +4% | +$945K |
|
1414
Pinduoduo
PDD
$129B
| $24.7M | 0.01% |
656,256
+24,597
| +4% | +$918K |
|
|
RARX
1415
DELISTED
Ra Pharmaceuticals, Inc. Common Stock
RARX
| $24.7M | 0.01% |
525,584
+10,207
| +2% | +$451K |
|
1416
Kontoor Brands
KTB
$4.14B
| $24.6M | 0.01% |
586,855
+21,076
| +4% | +$796K |
|
1417
Parsons
PSN
$5.15B
| $24.6M | 0.01% |
596,416
+78,210
| +15% | +$2.92M |
|
1418
AAR Corp
AIR
$5.86B
| $24.6M | 0.01% |
545,876
+8,083
| +2% | +$351K |
|
1419
Pilgrim's Pride
PPC
$6.4B
| $24.6M | 0.01% |
752,516
+12,245
| +2% | +$381K |
|
1420
Sinclair Inc
SBGI
$989M
| $24.6M | 0.01% |
737,202
+952
| +0.1% | +$35.5K |
|
1421
Trinity Industries
TRN
$2.29B
| $24.6M | 0.01% |
1,109,552
+18,514
| +2% | +$377K |
|
1422
Patterson-UTI
PTEN
$4.22B
| $24.5M | 0.01% |
2,334,145
+40,458
| +2% | +$366K |
|
1423
NBT Bancorp
NBTB
$2.75B
| $24.5M | 0.01% |
603,879
+25,409
| +4% | +$996K |
|
1424
iRhythm Holdings
IRTC
$4.02B
| $24.5M | 0.01% |
359,694
+24,514
| +7% | +$1.66M |
|
1425
Brinker International
EAT
$9.49B
| $24.5M | 0.01% |
582,709
-54,431
| -9% | -$2.34M |
|
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.