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 | |
|---|---|---|---|---|---|---|
|
X
1526
DELISTED
US Steel
X
| $21.3M | ﹤0.01% |
1,865,885
+20,326
| +1% | +$252K |
|
1527
Moelis & Co
MC
$4.91B
| $21.3M | ﹤0.01% |
666,762
-34,073
| -5% | -$1.12M |
|
|
KEM
1528
DELISTED
KEMET Corporation
KEM
| $21.3M | ﹤0.01% |
785,944
+63,111
| +9% | +$1.53M |
|
1529
Boise Cascade
BCC
$2.93B
| $21.2M | ﹤0.01% |
581,227
+48,736
| +9% | +$1.77M |
|
|
INST
1530
DELISTED
Instructure, Inc.
INST
| $21.2M | ﹤0.01% |
440,066
+15,585
| +4% | +$731K |
|
|
AVNS
1531
DELISTED
Avanos Medical
AVNS
| $21.1M | ﹤0.01% |
627,079
+23,532
| +4% | +$852K |
|
1532
Editas Medicine
EDIT
$442M
| $21M | ﹤0.01% |
709,750
+67,536
| +11% | +$1.69M |
|
1533
Methode Electronics
MEI
$603M
| $20.9M | ﹤0.01% |
532,330
+61,959
| +13% | +$2.25M |
|
1534
Chesapeake Utilities
CPK
$3.24B
| $20.8M | ﹤0.01% |
216,653
+8,221
| +4% | +$764K |
|
1535
Workiva
WK
$3.71B
| $20.7M | ﹤0.01% |
492,932
-21,146
| -4% | -$891K |
|
1536
HSBC
HSBC
$357B
| $20.7M | ﹤0.01% |
529,299
+12,471
| +2% | +$473K |
|
|
ESPR
1537
DELISTED
Esperion Therapeutics
ESPR
| $20.6M | ﹤0.01% |
346,076
-7,099
| -2% | -$319K |
|
1538
Agnico Eagle Mines
AEM
$93.5B
| $20.6M | ﹤0.01% |
337,429
+42,681
| +14% | +$2.48M |
|
1539
TTM Technologies
TTMI
$14.7B
| $20.6M | ﹤0.01% |
1,369,541
+53,709
| +4% | +$706K |
|
1540
Gentherm
THRM
$1.25B
| $20.6M | ﹤0.01% |
463,037
+9,878
| +2% | +$421K |
|
|
RPT
1541
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $20.5M | ﹤0.01% |
1,361,292
+40,403
| +3% | +$577K |
|
|
HTZ
1542
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $20.5M | ﹤0.01% |
1,299,318
+68,342
| +6% | +$1.02M |
|
|
CVGW
1543
DELISTED
Calavo Growers
CVGW
| $20.4M | ﹤0.01% |
225,703
+10,392
| +5% | +$929K |
|
1544
O-I Glass
OI
$1.07B
| $20.4M | ﹤0.01% |
1,710,937
+43,099
| +3% | +$430K |
|
1545
JELD-WEN Holding
JELD
$165M
| $20.4M | ﹤0.01% |
870,524
+22,839
| +3% | +$470K |
|
|
TSE
1546
DELISTED
Trinseo
TSE
| $20.3M | ﹤0.01% |
546,483
-4,045
| -0.7% | -$164K |
|
|
PRFT
1547
DELISTED
Perficient Inc
PRFT
| $20.2M | ﹤0.01% |
438,851
+1,682
| +0.4% | +$68.6K |
|
1548
US Physical Therapy
USPH
$1.22B
| $20.2M | ﹤0.01% |
176,748
+2,633
| +2% | +$328K |
|
|
AIMT
1549
DELISTED
Aimmune Therapeutics
AIMT
| $20.2M | ﹤0.01% |
603,714
+43,869
| +8% | +$1.23M |
|
|
APLS
1550
DELISTED
Apellis Pharmaceuticals
APLS
| $20.1M | ﹤0.01% |
657,937
+31,187
| +5% | +$863K |
|
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.