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 | |
|---|---|---|---|---|---|---|
1626
AZZ Inc
AZZ
$4.55B
| $18M | ﹤0.01% |
392,621
+58,629
| +18% | +$2.4M |
|
1627
Employers Holdings
EIG
$864M
| $18M | ﹤0.01% |
431,225
+11,555
| +3% | +$491K |
|
|
AQUA
1628
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $18M | ﹤0.01% |
948,495
+44,801
| +5% | +$803K |
|
|
PRSU
1629
Pursuit Attractions and Hospitality Inc
PRSU
$1.27B
| $18M | ﹤0.01% |
266,086
+8,155
| +3% | +$529K |
|
1630
Enpro
NPO
$7.23B
| $17.9M | ﹤0.01% |
268,235
+8,256
| +3% | +$549K |
|
|
MNR
1631
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $17.9M | ﹤0.01% |
1,234,724
+45,164
| +4% | +$667K |
|
1632
Brookdale Senior Living
BKD
$3.1B
| $17.8M | ﹤0.01% |
2,454,017
+91,418
| +4% | +$679K |
|
|
KNL
1633
DELISTED
Knoll, Inc.
KNL
| $17.8M | ﹤0.01% |
705,438
+15,245
| +2% | +$403K |
|
1634
Pathward Financial
CASH
$1.78B
| $17.8M | ﹤0.01% |
487,268
+10,459
| +2% | +$356K |
|
|
INFN
1635
DELISTED
Infinera Corporation Common Stock
INFN
| $17.8M | ﹤0.01% |
2,237,632
+83,074
| +4% | +$511K |
|
1636
Sunrun
RUN
$2.37B
| $17.7M | ﹤0.01% |
1,283,046
+41,594
| +3% | +$620K |
|
|
MOMO
1637
Hello Group
MOMO
$867M
| $17.7M | ﹤0.01% |
531,087
+63,089
| +13% | +$2.24M |
|
1638
Helix Energy Solutions
HLX
$1.49B
| $17.7M | ﹤0.01% |
1,836,277
+50,218
| +3% | +$435K |
|
1639
Huazhu Hotels Group
HTHT
$12.7B
| $17.7M | ﹤0.01% |
443,437
+19,186
| +5% | +$693K |
|
|
AVTA
1640
DELISTED
Avantax, Inc. Common Stock
AVTA
| $17.6M | ﹤0.01% |
675,234
+23,151
| +4% | +$518K |
|
1641
Allogene Therapeutics
ALLO
$714M
| $17.6M | ﹤0.01% |
679,054
+25,869
| +4% | +$712K |
|
1642
OFG Bancorp
OFG
$2.23B
| $17.6M | ﹤0.01% |
745,955
+47,454
| +7% | +$1.04M |
|
1643
Lakeland Financial Corp
LKFN
$1.55B
| $17.6M | ﹤0.01% |
359,096
+7,286
| +2% | +$339K |
|
1644
Piper Sandler
PIPR
$5.34B
| $17.5M | ﹤0.01% |
877,964
+52,908
| +6% | +$1.02M |
|
1645
Tactile Systems Technology
TCMD
$555M
| $17.5M | ﹤0.01% |
259,635
+17,159
| +7% | +$950K |
|
1646
Medifast
MED
$130M
| $17.5M | ﹤0.01% |
159,619
-21,266
| -12% | -$2.06M |
|
1647
Dave & Buster's
PLAY
$361M
| $17.4M | ﹤0.01% |
434,104
-48,742
| -10% | -$1.95M |
|
|
SWN
1648
DELISTED
Southwestern Energy Company
SWN
| $17.3M | ﹤0.01% |
7,168,308
+65,056
| +0.9% | +$134K |
|
1649
Yext
YEXT
$574M
| $17.3M | ﹤0.01% |
1,202,726
-68,649
| -5% | -$1.06M |
|
1650
Corcept Therapeutics
CORT
$12.1B
| $17.3M | ﹤0.01% |
1,432,606
+16,207
| +1% | +$226K |
|
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.