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 | |
|---|---|---|---|---|---|---|
2026
Zumiez
ZUMZ
$318M
| $9.65M | ﹤0.01% |
279,445
+9,519
| +4% | +$301K |
|
2027
ADT
ADT
$5.34B
| $9.63M | ﹤0.01% |
1,214,652
+101,974
| +9% | +$806K |
|
|
THOR
2028
DELISTED
Synthorx, Inc. Common Stock
THOR
| $9.62M | ﹤0.01% |
137,711
+25,860
| +23% | +$739K |
|
2029
Omeros
OMER
$992M
| $9.59M | ﹤0.01% |
680,918
+55,437
| +9% | +$812K |
|
2030
Harmonic Inc
HLIT
$1.3B
| $9.57M | ﹤0.01% |
1,227,118
+41,077
| +3% | +$307K |
|
|
AAWW
2031
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $9.57M | ﹤0.01% |
347,028
+6,075
| +2% | +$152K |
|
2032
Weibo
WB
$1.91B
| $9.54M | ﹤0.01% |
206,873
+18,644
| +10% | +$873K |
|
2033
Tidewater
TDW
$4.56B
| $9.53M | ﹤0.01% |
494,518
+18,943
| +4% | +$302K |
|
|
RVNC
2034
DELISTED
Revance Therapeutics, Inc.
RVNC
| $9.53M | ﹤0.01% |
587,152
+9,896
| +2% | +$153K |
|
|
EB
2035
DELISTED
Eventbrite
EB
| $9.51M | ﹤0.01% |
471,647
+24,320
| +5% | +$465K |
|
2036
Marcus Corp
MCS
$914M
| $9.51M | ﹤0.01% |
299,416
+14,522
| +5% | +$491K |
|
2037
Cerence
CRNC
$391M
| $9.5M | ﹤0.01% |
+419,935
| New | +$6.89M |
|
2038
America's Car Mart
CRMT
$26.2M
| $9.48M | ﹤0.01% |
86,501
+1,454
| +2% | +$141K |
|
|
CIO
2039
DELISTED
City Office REIT
CIO
| $9.45M | ﹤0.01% |
699,211
+183,431
| +36% | +$2.45M |
|
|
GOOD
2040
Gladstone Commercial Corp
GOOD
$630M
| $9.45M | ﹤0.01% |
432,420
+20,156
| +5% | +$458K |
|
2041
Century Communities
CCS
$2B
| $9.45M | ﹤0.01% |
345,545
+4,264
| +1% | +$125K |
|
|
DCOM
2042
DELISTED
Dime Community Bancshares
DCOM
| $9.44M | ﹤0.01% |
451,736
+17,424
| +4% | +$357K |
|
|
FFWM
2043
DELISTED
First Foundation Inc
FFWM
| $9.43M | ﹤0.01% |
542,231
+19,594
| +4% | +$315K |
|
2044
Origin Bancorp
OBK
$1.67B
| $9.4M | ﹤0.01% |
248,487
+6,068
| +3% | +$213K |
|
|
TEN
2045
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $9.4M | ﹤0.01% |
717,749
+27,949
| +4% | +$366K |
|
|
SWAV
2046
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $9.4M | ﹤0.01% |
214,029
+123,299
| +136% | +$4.55M |
|
|
CHNG
2047
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $9.36M | ﹤0.01% |
570,985
+117,157
| +26% | +$1.57M |
|
2048
MBIA
MBI
$254M
| $9.31M | ﹤0.01% |
1,000,739
+23,893
| +2% | +$227K |
|
2049
DHT Holdings
DHT
$3.01B
| $9.29M | ﹤0.01% |
1,121,869
+224,658
| +25% | +$1.67M |
|
2050
LeMaitre Vascular
LMAT
$1.88B
| $9.26M | ﹤0.01% |
257,717
+6,912
| +3% | +$239K |
|
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.