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 | |
|---|---|---|---|---|---|---|
|
BBT
1601
Beacon Financial Corp
BBT
$2.69B
| $18.8M | ﹤0.01% |
570,511
+16,907
| +3% | +$530K |
|
|
ALTR
1602
DELISTED
Altair Engineering Inc
ALTR
| $18.8M | ﹤0.01% |
522,364
+31,049
| +6% | +$1.05M |
|
1603
CBIZ
CBZ
$2.96B
| $18.7M | ﹤0.01% |
694,023
+14,152
| +2% | +$368K |
|
1604
Penske Automotive Group
PAG
$14.3B
| $18.7M | ﹤0.01% |
371,406
+25,584
| +7% | +$1.26M |
|
|
VRTU
1605
DELISTED
Virtusa Corporation
VRTU
| $18.6M | ﹤0.01% |
410,893
+18,826
| +5% | +$768K |
|
|
CORE
1606
DELISTED
Core Mark Holding Co., Inc.
CORE
| $18.6M | ﹤0.01% |
684,457
-80,130
| -10% | -$2.22M |
|
1607
Park National Corp
PRK
$3.72B
| $18.6M | ﹤0.01% |
181,542
+3,876
| +2% | +$387K |
|
1608
Interparfums
IPAR
$3.78B
| $18.5M | ﹤0.01% |
255,040
+6,908
| +3% | +$503K |
|
1609
Enerpac Tool Group
EPAC
$1.91B
| $18.5M | ﹤0.01% |
710,980
+48,546
| +7% | +$1.19M |
|
|
DCPH
1610
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $18.5M | ﹤0.01% |
296,820
+12,858
| +5% | +$611K |
|
|
BRKL
1611
DELISTED
Brookline Bancorp
BRKL
| $18.5M | ﹤0.01% |
1,122,190
+31,313
| +3% | +$493K |
|
1612
Cal-Maine
CALM
$3.86B
| $18.5M | ﹤0.01% |
431,794
+8,874
| +2% | +$370K |
|
1613
Veracyte
VCYT
$3.59B
| $18.4M | ﹤0.01% |
660,519
+23,261
| +4% | +$602K |
|
|
RAVN
1614
DELISTED
Raven Industries Inc
RAVN
| $18.4M | ﹤0.01% |
535,073
+17,194
| +3% | +$587K |
|
|
CBPX
1615
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $18.4M | ﹤0.01% |
505,407
+33,359
| +7% | +$1.1M |
|
1616
Tennant Co
TNC
$1.18B
| $18.4M | ﹤0.01% |
235,731
+6,607
| +3% | +$492K |
|
1617
National Healthcare
NHC
$3.47B
| $18.3M | ﹤0.01% |
212,073
+8,451
| +4% | +$706K |
|
1618
Tronox
TROX
$985M
| $18.3M | ﹤0.01% |
1,598,409
+48,040
| +3% | +$480K |
|
1619
AeroVironment
AVAV
$9.81B
| $18.2M | ﹤0.01% |
295,568
+10,139
| +4% | +$608K |
|
1620
CorVel
CRVL
$3.17B
| $18.2M | ﹤0.01% |
625,890
-480
| -0.1% | -$12.8K |
|
|
EVRI
1621
DELISTED
Everi Holdings
EVRI
| $18.2M | ﹤0.01% |
1,355,073
+469,287
| +53% | +$5.35M |
|
|
CSW
1622
CSW Industrials
CSW
$5.65B
| $18.2M | ﹤0.01% |
236,211
+22,236
| +10% | +$1.6M |
|
|
RCM
1623
DELISTED
R1 RCM Inc. Common Stock
RCM
| $18.1M | ﹤0.01% |
1,397,052
+64,609
| +5% | +$738K |
|
1624
United Parks & Resorts
PRKS
$2.01B
| $18.1M | ﹤0.01% |
571,770
+15,191
| +3% | +$438K |
|
1625
MaxLinear
MXL
$6.74B
| $18.1M | ﹤0.01% |
853,281
+40,989
| +5% | +$850K |
|
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.