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 | |
|---|---|---|---|---|---|---|
|
ADVM
2076
DELISTED
Adverum Biotechnologies
ADVM
| $8.87M | ﹤0.01% |
76,979
-4,315
| -5% | -$380K |
|
|
MLNX
2077
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $8.85M | ﹤0.01% |
75,548
+12,580
| +20% | +$1.43M |
|
|
TSC
2078
DELISTED
TriState Capital Holdings, Inc.
TSC
| $8.84M | ﹤0.01% |
338,611
+19,725
| +6% | +$470K |
|
2079
York Water
YORW
$528M
| $8.84M | ﹤0.01% |
191,773
+9,106
| +5% | +$399K |
|
2080
Hanmi Financial
HAFC
$956M
| $8.82M | ﹤0.01% |
441,361
+6,591
| +2% | +$127K |
|
|
DLPH
2081
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $8.82M | ﹤0.01% |
687,638
-7,824
| -1% | -$101K |
|
2082
Evolent Health
EVH
$471M
| $8.79M | ﹤0.01% |
971,854
+39,313
| +4% | +$319K |
|
2083
ATN International
ATNI
$478M
| $8.79M | ﹤0.01% |
158,650
+2,925
| +2% | +$166K |
|
|
BNFT
2084
DELISTED
Benefitfocus, Inc.
BNFT
| $8.78M | ﹤0.01% |
400,297
+10,356
| +3% | +$234K |
|
2085
Opko Health
OPK
$1.04B
| $8.78M | ﹤0.01% |
5,973,669
+746,610
| +14% | +$1.25M |
|
2086
Collegium Pharmaceutical
COLL
$834M
| $8.75M | ﹤0.01% |
425,143
+17,798
| +4% | +$297K |
|
2087
OneSpaWorld
OSW
$2.7B
| $8.74M | ﹤0.01% |
518,995
+33,009
| +7% | +$520K |
|
|
WAIR
2088
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $8.74M | ﹤0.01% |
792,903
+12,789
| +2% | +$141K |
|
2089
St. Joe Company
JOE
$3.87B
| $8.73M | ﹤0.01% |
440,109
+20,335
| +5% | +$377K |
|
2090
Itaú Unibanco
ITUB
$81.6B
| $8.71M | ﹤0.01% |
1,308,721
+636,807
| +95% | +$3.99M |
|
|
TVRD
2091
Tvardi Therapeutics
TVRD
$22.1M
| $8.71M | ﹤0.01% |
15,013
+422
| +3% | +$296K |
|
|
AAMI
2092
Acadian Asset Management
AAMI
$3.27B
| $8.68M | ﹤0.01% |
849,112
+39,013
| +5% | +$381K |
|
|
ECOLW
2093
DELISTED
US Ecology, Inc. Warrant
ECOLW
| $8.67M | ﹤0.01% |
+749,075
| New | +$7.57M |
|
|
SWCH
2094
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $8.65M | ﹤0.01% |
584,003
+33,875
| +6% | +$514K |
|
|
SPWR
2095
DELISTED
SunPower Corporation Common Stock
SPWR
| $8.64M | ﹤0.01% |
1,691,096
+249,196
| +17% | +$1.39M |
|
2096
Ecovyst
ECVT
$1.09B
| $8.63M | ﹤0.01% |
502,119
+25,662
| +5% | +$411K |
|
2097
Travere Therapeutics
TVTX
$5.86B
| $8.62M | ﹤0.01% |
606,857
+18,180
| +3% | +$232K |
|
2098
Clear Channel Outdoor Holdings
CCO
$1.23B
| $8.61M | ﹤0.01% |
3,011,503
+39,537
| +1% | +$100K |
|
|
FBMS
2099
DELISTED
The First Bancshares, Inc.
FBMS
| $8.56M | ﹤0.01% |
241,014
+23,831
| +11% | +$791K |
|
|
KDMN
2100
DELISTED
Kadmon Holdings, Inc.
KDMN
| $8.55M | ﹤0.01% |
1,886,963
+229,452
| +14% | +$840K |
|
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.