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 | |
|---|---|---|---|---|---|---|
2101
Peloton Interactive
PTON
$2.38B
| $8.54M | ﹤0.01% |
+300,872
| New | +$8.11M |
|
2102
Gildan
GIL
$10.6B
| $8.54M | ﹤0.01% |
291,103
+16,838
| +6% | +$493K |
|
|
MOBL
2103
DELISTED
MobileIron, Inc.
MOBL
| $8.54M | ﹤0.01% |
1,757,721
-243,765
| -12% | -$1.3M |
|
|
WLL
2104
DELISTED
Whiting Petroleum Corporation
WLL
| $8.54M | ﹤0.01% |
15,515
-2,363
| -13% | -$1.14M |
|
2105
Icahn Enterprises
IEP
$5.33B
| $8.52M | ﹤0.01% |
138,616
+516
| +0.4% | +$33.4K |
|
|
OPB
2106
DELISTED
Opus Bank Common Stock
OPB
| $8.52M | ﹤0.01% |
329,304
+16,153
| +5% | +$400K |
|
2107
Arbor Realty Trust
ABR
$974M
| $8.51M | ﹤0.01% |
593,035
+3,567
| +0.6% | +$50.7K |
|
|
YMAB
2108
DELISTED
Y-mAbs Therapeutics
YMAB
| $8.51M | ﹤0.01% |
272,218
+68,016
| +33% | +$2.01M |
|
2109
Dime Commercial Bancshares
DCOM
$1.81B
| $8.5M | ﹤0.01% |
253,566
+5,247
| +2% | +$169K |
|
|
RUTH
2110
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $8.5M | ﹤0.01% |
390,476
-5,860
| -1% | -$129K |
|
2111
Cytokinetics
CYTK
$10.5B
| $8.49M | ﹤0.01% |
799,972
+8,303
| +1% | +$85.3K |
|
2112
Axogen
AXGN
$2.67B
| $8.48M | ﹤0.01% |
474,018
+13,996
| +3% | +$207K |
|
|
VCRA
2113
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $8.48M | ﹤0.01% |
408,391
+14,011
| +4% | +$307K |
|
|
FFIC
2114
DELISTED
Flushing Financial
FFIC
| $8.43M | ﹤0.01% |
390,396
+21,964
| +6% | +$467K |
|
2115
Midland States Bancorp
MSBI
$696M
| $8.43M | ﹤0.01% |
290,980
+13,798
| +5% | +$380K |
|
|
VIVO
2116
DELISTED
Meridian Bioscience Inc
VIVO
| $8.42M | ﹤0.01% |
862,294
-109,120
| -11% | -$1.02M |
|
|
WLH
2117
DELISTED
WILLIAM LYON HOMES
WLH
| $8.4M | ﹤0.01% |
420,458
-42,368
| -9% | -$866K |
|
2118
TechTarget
TTGT
$265M
| $8.4M | ﹤0.01% |
321,772
+5,905
| +2% | +$150K |
|
2119
First Financial Corp
THFF
$970M
| $8.38M | ﹤0.01% |
183,276
+10,240
| +6% | +$452K |
|
|
BFS
2120
Saul Centers
BFS
$850M
| $8.38M | ﹤0.01% |
158,693
+2,512
| +2% | +$133K |
|
|
VRS
2121
DELISTED
Verso Corporation
VRS
| $8.33M | ﹤0.01% |
461,823
+14,825
| +3% | +$238K |
|
2122
WisdomTree
WT
$3.44B
| $8.29M | ﹤0.01% |
1,711,882
+18,108
| +1% | +$89.9K |
|
2123
Bank of Marin Bancorp
BMRC
$462M
| $8.27M | ﹤0.01% |
183,652
+7,628
| +4% | +$337K |
|
2124
CEVA Inc
CEVA
$857M
| $8.27M | ﹤0.01% |
306,874
+9,727
| +3% | +$266K |
|
|
FLIC
2125
DELISTED
First of Long Island Corp
FLIC
| $8.25M | ﹤0.01% |
328,888
+8,408
| +3% | +$201K |
|
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.