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 | |
|---|---|---|---|---|---|---|
1701
Tompkins Financial
TMP
$1.44B
| $16M | ﹤0.01% |
174,443
+3,962
| +2% | +$343K |
|
|
KBAL
1702
DELISTED
Kimball International
KBAL
| $15.9M | ﹤0.01% |
770,974
+6,050
| +0.8% | +$125K |
|
1703
Varex Imaging
VREX
$778M
| $15.9M | ﹤0.01% |
534,293
+16,198
| +3% | +$484K |
|
1704
PennyMac Financial
PFSI
$4B
| $15.9M | ﹤0.01% |
465,888
+3,981
| +0.9% | +$129K |
|
|
DCH
1705
Dauch Corp
DCH
$1.61B
| $15.9M | ﹤0.01% |
1,473,772
+48,469
| +3% | +$461K |
|
1706
Karyopharm Therapeutics
KPTI
$46M
| $15.9M | ﹤0.01% |
55,131
+2,606
| +5% | +$565K |
|
1707
Yeti Holdings
YETI
$3.85B
| $15.8M | ﹤0.01% |
455,612
+156,687
| +52% | +$4.94M |
|
1708
Theravance Biopharma
TBPH
$878M
| $15.8M | ﹤0.01% |
611,348
-1,051
| -0.2% | -$20.4K |
|
1709
TFS Financial
TFSL
$4.89B
| $15.7M | ﹤0.01% |
799,406
-2,017
| -0.3% | -$38.9K |
|
|
NXGN
1710
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $15.7M | ﹤0.01% |
977,594
-33,592
| -3% | -$555K |
|
1711
Zoom
ZM
$30.8B
| $15.7M | ﹤0.01% |
230,421
+31,438
| +16% | +$2.16M |
|
|
GMS
1712
DELISTED
GMS Inc
GMS
| $15.6M | ﹤0.01% |
577,862
+63,110
| +12% | +$1.85M |
|
|
FSP
1713
Franklin Street Properties
FSP
$46.3M
| $15.6M | ﹤0.01% |
1,821,416
+68,189
| +4% | +$586K |
|
|
ARR
1714
Armour Residential REIT
ARR
$2.36B
| $15.5M | ﹤0.01% |
173,521
+22,764
| +15% | +$1.95M |
|
1715
Trupanion
TRUP
$1.33B
| $15.5M | ﹤0.01% |
413,431
+33,649
| +9% | +$989K |
|
1716
Kearny Financial
KRNY
$600M
| $15.5M | ﹤0.01% |
1,119,007
+44,488
| +4% | +$615K |
|
1717
TriCo Bancshares
TCBK
$1.84B
| $15.4M | ﹤0.01% |
377,978
+8,761
| +2% | +$334K |
|
1718
CVR Energy
CVI
$3.52B
| $15.4M | ﹤0.01% |
381,521
+14,104
| +4% | +$620K |
|
|
WUBA
1719
DELISTED
58.com Inc
WUBA
| $15.4M | ﹤0.01% |
239,759
+7,972
| +3% | +$448K |
|
1720
Groupon
GRPN
$901M
| $15.4M | ﹤0.01% |
322,070
+26,194
| +9% | +$1.45M |
|
1721
ASML
ASML
$695B
| $15.4M | ﹤0.01% |
51,959
-1,610
| -3% | -$435K |
|
1722
Scansource
SCSC
$1.06B
| $15.4M | ﹤0.01% |
415,728
+8,391
| +2% | +$285K |
|
|
GTY
1723
Getty Realty Corp
GTY
$2.04B
| $15.4M | ﹤0.01% |
467,161
+19,214
| +4% | +$632K |
|
1724
Kadant
KAI
$3.94B
| $15.3M | ﹤0.01% |
145,496
+5,395
| +4% | +$512K |
|
1725
Photronics
PLAB
$1.97B
| $15.2M | ﹤0.01% |
966,646
+81,260
| +9% | +$1.02M |
|
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.