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 | |
|---|---|---|---|---|---|---|
1926
Plug Power
PLUG
$3.2B
| $11.2M | ﹤0.01% |
3,543,298
+343,810
| +11% | +$1.05M |
|
1927
Central Pacific Financial
CPF
$997M
| $11.2M | ﹤0.01% |
377,676
+6,136
| +2% | +$179K |
|
1928
Range Resources
RRC
$9.39B
| $11.2M | ﹤0.01% |
2,301,606
+94,010
| +4% | +$379K |
|
1929
Axcelis
ACLS
$4.39B
| $11.1M | ﹤0.01% |
461,898
+30,301
| +7% | +$638K |
|
|
PR
1930
Permian Resources
PR
$18B
| $11.1M | ﹤0.01% |
2,409,072
-98,621
| -4% | -$361K |
|
1931
Sanofi
SNY
$105B
| $11.1M | ﹤0.01% |
220,607
+9,114
| +4% | +$427K |
|
|
NFBK
1932
DELISTED
Northfield Bancorp
NFBK
| $11.1M | ﹤0.01% |
652,363
+19,347
| +3% | +$325K |
|
1933
Codexis
CDXS
$172M
| $11M | ﹤0.01% |
690,475
+22,553
| +3% | +$334K |
|
|
MAGN
1934
Magnera Corp
MAGN
$443M
| $11M | ﹤0.01% |
46,304
+2,808
| +6% | +$624K |
|
1935
Astronics
ATRO
$4.34B
| $11M | ﹤0.01% |
472,549
-49,078
| -9% | -$1.21M |
|
|
CHCT
1936
Community Healthcare Trust
CHCT
$430M
| $11M | ﹤0.01% |
256,402
+17,799
| +7% | +$811K |
|
|
GTHX
1937
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $11M | ﹤0.01% |
415,705
+14,989
| +4% | +$351K |
|
|
SFIX
1938
Stitch Fix
SFIX
$474M
| $11M | ﹤0.01% |
427,789
+35,884
| +9% | +$834K |
|
1939
Cars.com
CARS
$648M
| $11M | ﹤0.01% |
897,646
-31,737
| -3% | -$370K |
|
1940
Sturm, Ruger & Co
RGR
$600M
| $11M | ﹤0.01% |
233,071
+1,361
| +0.6% | +$61.7K |
|
1941
Goosehead Insurance
GSHD
$2.33B
| $10.9M | ﹤0.01% |
257,825
+8,794
| +4% | +$389K |
|
1942
SiriusPoint
SPNT
$2.66B
| $10.9M | ﹤0.01% |
1,034,325
+70,373
| +7% | +$684K |
|
|
CWEN.A
1943
DELISTED
Clearway Energy Class A
CWEN.A
| $10.9M | ﹤0.01% |
568,195
-263
| -0% | -$4.84K |
|
1944
Virtus Investment Partners
VRTS
$1.12B
| $10.8M | ﹤0.01% |
89,042
-1,718
| -2% | -$192K |
|
|
CHK
1945
DELISTED
Chesapeake Energy Corporation
CHK
| $10.8M | ﹤0.01% |
65,515
+3,195
| +5% | +$642K |
|
|
DBD
1946
DELISTED
Diebold Nixdorf Incorporated
DBD
| $10.8M | ﹤0.01% |
1,021,297
-21,358
| -2% | -$190K |
|
|
EBIX
1947
DELISTED
Ebix Inc
EBIX
| $10.8M | ﹤0.01% |
322,621
+13,946
| +5% | +$515K |
|
1948
Liberty Latin America Class A
LILA
$1.69B
| $10.8M | ﹤0.01% |
870,024
+33,144
| +4% | +$385K |
|
1949
Koppers
KOP
$857M
| $10.7M | ﹤0.01% |
281,230
+21,206
| +8% | +$745K |
|
1950
Vericel Corp
VCEL
$2.29B
| $10.7M | ﹤0.01% |
617,609
+14,895
| +2% | +$254K |
|
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.