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 | |
|---|---|---|---|---|---|---|
|
TRHC
1826
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $12.9M | ﹤0.01% |
264,089
+11,241
| +4% | +$526K |
|
|
GES
1827
DELISTED
Guess Inc
GES
| $12.8M | ﹤0.01% |
573,807
+11,684
| +2% | +$218K |
|
1828
Teck Resources
TECK
$32.4B
| $12.8M | ﹤0.01% |
735,431
+55,592
| +8% | +$907K |
|
1829
Stock Yards Bancorp
SYBT
$2.64B
| $12.8M | ﹤0.01% |
310,957
+10,312
| +3% | +$409K |
|
1830
Stewart Information Services
STC
$2B
| $12.7M | ﹤0.01% |
312,488
+12,038
| +4% | +$494K |
|
1831
Liberty Media Series A
FWONA
$23.7B
| $12.7M | ﹤0.01% |
302,095
+19,869
| +7% | +$780K |
|
|
AVX
1832
DELISTED
AVX Corporation
AVX
| $12.6M | ﹤0.01% |
617,420
+4,139
| +0.7% | +$71.3K |
|
|
HSII
1833
DELISTED
Heidrick & Struggles
HSII
| $12.6M | ﹤0.01% |
388,569
+15,577
| +4% | +$459K |
|
1834
John B. Sanfilippo & Son
JBSS
$989M
| $12.6M | ﹤0.01% |
138,313
+1,407
| +1% | +$137K |
|
|
KRA
1835
DELISTED
Kraton Corporation
KRA
| $12.6M | ﹤0.01% |
496,837
-66,174
| -12% | -$1.6M |
|
1836
Seaboard Corp
SEB
$4.02B
| $12.6M | ﹤0.01% |
2,959
+106
| +4% | +$444K |
|
1837
Preferred Bank
PFBC
$1.26B
| $12.6M | ﹤0.01% |
209,292
+5,279
| +3% | +$290K |
|
1838
Shutterstock
SSTK
$208M
| $12.6M | ﹤0.01% |
293,189
+9,885
| +3% | +$397K |
|
1839
Lantheus
LNTH
$6.57B
| $12.6M | ﹤0.01% |
612,527
+92,643
| +18% | +$1.87M |
|
1840
Chord Energy
CHRD
$7.53B
| $12.6M | ﹤0.01% |
3,852,757
+97,088
| +3% | +$278K |
|
1841
Cohu
COHU
$2.66B
| $12.6M | ﹤0.01% |
549,491
+18,781
| +4% | +$337K |
|
1842
Pinterest
PINS
$13B
| $12.6M | ﹤0.01% |
675,093
+36,158
| +6% | +$781K |
|
|
NSTG
1843
DELISTED
NanoString Technologies, Inc.
NSTG
| $12.5M | ﹤0.01% |
451,011
+15,351
| +4% | +$373K |
|
1844
Columbia Financial
CLBK
$1.21B
| $12.5M | ﹤0.01% |
740,573
+10,944
| +1% | +$181K |
|
1845
PJT Partners
PJT
$4.36B
| $12.5M | ﹤0.01% |
277,551
+8,943
| +3% | +$375K |
|
1846
1st Source
SRCE
$2.13B
| $12.5M | ﹤0.01% |
240,821
+19,005
| +9% | +$955K |
|
1847
Unitil
UTL
$984M
| $12.5M | ﹤0.01% |
201,978
+8,572
| +4% | +$530K |
|
1848
Vanda Pharmaceuticals
VNDA
$314M
| $12.5M | ﹤0.01% |
760,562
+3,323
| +0.4% | +$50.2K |
|
|
TBI
1849
Trueblue
TBI
$302M
| $12.5M | ﹤0.01% |
518,284
-14,460
| -3% | -$330K |
|
1850
Virtu Financial
VIRT
$5.04B
| $12.5M | ﹤0.01% |
779,188
+27,327
| +4% | +$451K |
|
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.