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 | |
|---|---|---|---|---|---|---|
|
CYBR
1551
DELISTED
CyberArk
CYBR
| $20.1M | ﹤0.01% |
173,144
-24,528
| -12% | -$2.75M |
|
1552
Central Garden & Pet Co Class A
CENTA
$2.42B
| $20M | ﹤0.01% |
853,229
+18,381
| +2% | +$413K |
|
|
ILPT
1553
Industrial Logistics Properties Trust
ILPT
$607M
| $20M | ﹤0.01% |
893,549
+42,133
| +5% | +$903K |
|
|
CCC.WS
1554
DELISTED
Clarivate Analytics Plc Warrants, each to purchase one Ordinary Share
CCC.WS
| $20M | ﹤0.01% |
3,415,417
+537,767
| +19% | +$3.16M |
|
1555
Beyond Meat
BYND
$206M
| $19.9M | ﹤0.01% |
263,678
+93,371
| +55% | +$8.66M |
|
1556
Papa John's
PZZA
$794M
| $19.8M | ﹤0.01% |
314,311
+4,344
| +1% | +$257K |
|
1557
BP
BP
$111B
| $19.8M | ﹤0.01% |
524,758
+341,111
| +186% | +$13M |
|
1558
Mativ Holdings
MATV
$699M
| $19.8M | ﹤0.01% |
471,236
+5,296
| +1% | +$220K |
|
|
VBTX
1559
DELISTED
Veritex Holdings
VBTX
| $19.7M | ﹤0.01% |
676,977
+19,775
| +3% | +$508K |
|
1560
Hamilton Lane
HLNE
$5.72B
| $19.7M | ﹤0.01% |
330,451
+13,267
| +4% | +$766K |
|
1561
LGI Homes
LGIH
$1.33B
| $19.7M | ﹤0.01% |
278,682
+15,314
| +6% | +$1.17M |
|
1562
AMERISAFE
AMSF
$518M
| $19.7M | ﹤0.01% |
298,119
+12,513
| +4% | +$829K |
|
1563
TriMas Corp
TRS
$1.41B
| $19.7M | ﹤0.01% |
626,075
+16,475
| +3% | +$508K |
|
|
ALEX
1564
DELISTED
Alexander & Baldwin
ALEX
| $19.6M | ﹤0.01% |
937,434
+36,899
| +4% | +$835K |
|
1565
G-III Apparel Group
GIII
$1.41B
| $19.6M | ﹤0.01% |
585,998
+9,337
| +2% | +$264K |
|
1566
AMC Global Media
AMCX
$488M
| $19.6M | ﹤0.01% |
496,897
+7,663
| +2% | +$322K |
|
|
AVYA
1567
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $19.6M | ﹤0.01% |
1,453,750
+35,185
| +2% | +$432K |
|
1568
BCE
BCE
$21.4B
| $19.6M | ﹤0.01% |
385,468
+40,793
| +12% | +$1.95M |
|
1569
Wheaton Precious Metals
WPM
$61.2B
| $19.6M | ﹤0.01% |
653,443
+86,271
| +15% | +$2.36M |
|
1570
OceanFirst Financial
OCFC
$1.85B
| $19.6M | ﹤0.01% |
766,823
+114,196
| +17% | +$2.75M |
|
1571
Provident Financial Services
PFS
$3.24B
| $19.6M | ﹤0.01% |
793,999
+36,298
| +5% | +$896K |
|
1572
Archrock
AROC
$5.88B
| $19.6M | ﹤0.01% |
1,947,935
-126,021
| -6% | -$1.17M |
|
1573
M/I Homes
MHO
$3.82B
| $19.5M | ﹤0.01% |
496,647
+179
| +0% | +$7.49K |
|
1574
BGC Group
BGC
$5.05B
| $19.5M | ﹤0.01% |
3,288,925
+73,999
| +2% | +$418K |
|
|
SASR
1575
DELISTED
Sandy Spring Bancorp Inc
SASR
| $19.5M | ﹤0.01% |
514,682
+22,564
| +5% | +$796K |
|
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.