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 | |
|---|---|---|---|---|---|---|
1776
Tenable Holdings
TENB
$4.08B
| $13.9M | ﹤0.01% |
582,151
+23,465
| +4% | +$572K |
|
1777
National Bank Holdings
NBHC
$1.92B
| $13.9M | ﹤0.01% |
394,584
+25,895
| +7% | +$913K |
|
|
SJR
1778
DELISTED
Shaw Communications Inc.
SJR
| $13.9M | ﹤0.01% |
689,648
+99,392
| +17% | +$2M |
|
|
LMNX
1779
DELISTED
Luminex Corp
LMNX
| $13.9M | ﹤0.01% |
598,925
+33,413
| +6% | +$690K |
|
|
ZUO
1780
DELISTED
Zuora, Inc.
ZUO
| $13.9M | ﹤0.01% |
966,774
+56,393
| +6% | +$826K |
|
1781
Conduent
CNDT
$241M
| $13.8M | ﹤0.01% |
2,234,012
+64,572
| +3% | +$404K |
|
|
NEX
1782
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $13.8M | ﹤0.01% |
2,058,873
+1,443,670
| +235% | +$7.79M |
|
1783
WillScot Mobile Mini Holdings
WSC
$4B
| $13.8M | ﹤0.01% |
743,825
+98,155
| +15% | +$1.65M |
|
|
OSG
1784
Octave Specialty Group
OSG
$210M
| $13.7M | ﹤0.01% |
636,879
+23,943
| +4% | +$491K |
|
|
TCDA
1785
DELISTED
Tricida, Inc. Common Stock
TCDA
| $13.7M | ﹤0.01% |
362,812
+10,688
| +3% | +$398K |
|
1786
Lindsay Corp
LNN
$1.18B
| $13.7M | ﹤0.01% |
142,479
+4,035
| +3% | +$369K |
|
1787
TSMC
TSM
$2.23T
| $13.7M | ﹤0.01% |
234,519
+88,407
| +61% | +$4.69M |
|
1788
Mesa Laboratories
MLAB
$631M
| $13.6M | ﹤0.01% |
54,703
-3,649
| -6% | -$855K |
|
|
KL
1789
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $13.6M | ﹤0.01% |
310,808
+36,192
| +13% | +$1.6M |
|
1790
The Greenbrier Companies
GBX
$1.41B
| $13.6M | ﹤0.01% |
420,048
+15,422
| +4% | +$462K |
|
1791
Barrett Business Services
BBSI
$756M
| $13.6M | ﹤0.01% |
599,352
+24,636
| +4% | +$546K |
|
1792
Ingles Markets
IMKTA
$1.66B
| $13.5M | ﹤0.01% |
284,610
-5,805
| -2% | -$247K |
|
1793
Interface
TILE
$2.24B
| $13.5M | ﹤0.01% |
813,109
-5,209
| -0.6% | -$83.9K |
|
1794
Adeia
ADEA
$3.1B
| $13.5M | ﹤0.01% |
2,752,290
+213,827
| +8% | +$1.14M |
|
|
SRCI
1795
DELISTED
SRC Energy Inc
SRCI
| $13.4M | ﹤0.01% |
3,259,565
+184,747
| +6% | +$702K |
|
|
BAND
1796
Bandwidth Inc
BAND
$1.67B
| $13.4M | ﹤0.01% |
209,613
+9,413
| +5% | +$545K |
|
|
AKS
1797
DELISTED
AK Steel Holding Corp
AKS
| $13.4M | ﹤0.01% |
4,079,920
+55,915
| +1% | +$155K |
|
|
CARO
1798
DELISTED
Carolina Financial Corp.
CARO
| $13.4M | ﹤0.01% |
309,516
+37,564
| +14% | +$1.48M |
|
|
EVOP
1799
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $13.4M | ﹤0.01% |
506,573
+62,657
| +14% | +$1.72M |
|
1800
Great Southern Bancorp
GSBC
$877M
| $13.4M | ﹤0.01% |
211,250
+5,577
| +3% | +$337K |
|
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.