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 | |
|---|---|---|---|---|---|---|
1876
E.W. Scripps
SSP
$314M
| $12M | ﹤0.01% |
762,554
+25,237
| +3% | +$360K |
|
1877
Comtech Telecommunications
CMTL
$52.1M
| $12M | ﹤0.01% |
337,515
-22,073
| -6% | -$759K |
|
1878
Cushman & Wakefield Ltd
CWK
$3.24B
| $12M | ﹤0.01% |
585,368
+87,401
| +18% | +$1.64M |
|
1879
NRC Health Common Stock
NRC
$456M
| $11.9M | ﹤0.01% |
181,187
+645
| +0.4% | +$39.4K |
|
|
MODV
1880
DELISTED
ModivCare
MODV
| $11.9M | ﹤0.01% |
201,699
-2,259
| -1% | -$138K |
|
|
CIR
1881
DELISTED
CIRCOR International, Inc
CIR
| $11.9M | ﹤0.01% |
257,641
-5,990
| -2% | -$248K |
|
1882
Universal Insurance Holdings
UVE
$1.18B
| $11.9M | ﹤0.01% |
425,521
-4,334
| -1% | -$125K |
|
1883
Myers Industries
MYE
$1.23B
| $11.9M | ﹤0.01% |
712,471
+15,148
| +2% | +$252K |
|
1884
CareDx
CDNA
$2.45B
| $11.9M | ﹤0.01% |
550,209
-10,798
| -2% | -$248K |
|
|
FARO
1885
DELISTED
Faro Technologies
FARO
| $11.9M | ﹤0.01% |
235,699
+5,786
| +3% | +$283K |
|
1886
Vicor
VICR
$10.4B
| $11.8M | ﹤0.01% |
253,208
+20,989
| +9% | +$799K |
|
1887
Sonic Automotive
SAH
$2.56B
| $11.8M | ﹤0.01% |
381,464
+24,003
| +7% | +$759K |
|
1888
Apogee Enterprises
APOG
$897M
| $11.8M | ﹤0.01% |
363,410
+9,009
| +3% | +$336K |
|
|
MCHB
1889
Mechanics Bancorp
MCHB
$3.8B
| $11.8M | ﹤0.01% |
347,028
+7,977
| +2% | +$247K |
|
|
CFXA
1890
DELISTED
Colfax Corporation 5.75% Tangible Equity Units
CFXA
| – | – |
0
| – | – |
|
1891
PC Connection
CNXN
$2.03B
| $11.8M | ﹤0.01% |
237,368
+50,161
| +27% | +$2.33M |
|
1892
Chewy
CHWY
$9.15B
| $11.7M | ﹤0.01% |
404,368
+15,853
| +4% | +$406K |
|
1893
ProPetro Holding
PUMP
$1.42B
| $11.7M | ﹤0.01% |
1,041,803
+79,562
| +8% | +$711K |
|
1894
Community Trust Bancorp
CTBI
$1.42B
| $11.7M | ﹤0.01% |
250,875
+12,045
| +5% | +$534K |
|
|
GLDD
1895
DELISTED
Great Lakes Dredge & Dock
GLDD
| $11.7M | ﹤0.01% |
1,032,703
+41,567
| +4% | +$444K |
|
1896
Center Bancorp
CNOB
$1.81B
| $11.7M | ﹤0.01% |
454,231
+18,915
| +4% | +$461K |
|
|
SWI
1897
DELISTED
SolarWinds Corporation Common Stock
SWI
| $11.7M | ﹤0.01% |
596,628
+22,117
| +4% | +$439K |
|
1898
RadNet
RDNT
$6.06B
| $11.7M | ﹤0.01% |
574,039
-13,091
| -2% | -$224K |
|
|
POLY
1899
DELISTED
Plantronics, Inc.
POLY
| $11.7M | ﹤0.01% |
426,145
+6,300
| +2% | +$190K |
|
1900
Washington Trust Bancorp
WASH
$750M
| $11.6M | ﹤0.01% |
216,001
+6,729
| +3% | +$346K |
|
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.