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 | |
|---|---|---|---|---|---|---|
|
PENG
2226
Penguin Solutions Inc
PENG
$3.15B
| $7M | ﹤0.01% |
369,188
+13,180
| +4% | +$204K |
|
2227
OraSure Technologies
OSUR
$263M
| $7M | ﹤0.01% |
871,360
-18,256
| -2% | -$148K |
|
|
NVEE
2228
DELISTED
NV5 Global
NVEE
| $6.99M | ﹤0.01% |
554,556
+29,984
| +6% | +$437K |
|
2229
PetMed Express
PETS
$42.7M
| $6.99M | ﹤0.01% |
297,317
+5,964
| +2% | +$134K |
|
|
DHIL
2230
DELISTED
Diamond Hill
DHIL
| $6.99M | ﹤0.01% |
49,769
-214
| -0.4% | -$29.9K |
|
2231
American Vanguard Corp
AVD
$65.2M
| $6.98M | ﹤0.01% |
358,473
+20,360
| +6% | +$320K |
|
2232
Smith & Wesson
SWBI
$637M
| $6.96M | ﹤0.01% |
975,436
+14,141
| +1% | +$86.2K |
|
|
MITT
2233
TPG Mortgage Investment Trust
MITT
$214M
| $6.95M | ﹤0.01% |
150,334
+7,197
| +5% | +$332K |
|
2234
Assembly Biosciences
ASMB
$589M
| $6.95M | ﹤0.01% |
28,304
+3,882
| +16% | +$715K |
|
|
CBB
2235
DELISTED
Cincinnati Bell Inc.
CBB
| $6.94M | ﹤0.01% |
662,940
+7,707
| +1% | +$47.3K |
|
|
ALTA
2236
DELISTED
Altabancorp
ALTA
| $6.94M | ﹤0.01% |
230,311
+4,505
| +2% | +$132K |
|
2237
Digital Turbine
APPS
$1.53B
| $6.92M | ﹤0.01% |
971,384
+31,638
| +3% | +$235K |
|
|
GPOR
2238
DELISTED
Gulfport Energy Corp.
GPOR
| $6.92M | ﹤0.01% |
2,276,890
+259,722
| +13% | +$738K |
|
|
JAG
2239
DELISTED
Jagged Peak Energy Inc.
JAG
| $6.9M | ﹤0.01% |
812,754
-9,963
| -1% | -$72.8K |
|
2240
Expro Ltd
XPRO
$2.05B
| $6.89M | ﹤0.01% |
222,067
+24,810
| +13% | +$760K |
|
2241
American Public Education
APEI
$840M
| $6.87M | ﹤0.01% |
250,806
-46,200
| -16% | -$1.13M |
|
2242
10x Genomics
TXG
$7.66B
| $6.85M | ﹤0.01% |
+89,872
| New | +$5.4M |
|
2243
BrightView Holdings
BV
$1.08B
| $6.8M | ﹤0.01% |
403,244
+29,665
| +8% | +$516K |
|
2244
Adaptive Biotechnologies
ADPT
$3.99B
| $6.78M | ﹤0.01% |
226,696
-1,642
| -0.7% | -$47.2K |
|
|
TRUE
2245
DELISTED
TrueCar
TRUE
| $6.78M | ﹤0.01% |
1,426,594
+12,047
| +0.9% | +$50.3K |
|
2246
Bally's
BALY
$676M
| $6.76M | ﹤0.01% |
263,605
-22,464
| -8% | -$541K |
|
2247
Anterix
ATEX
$1.8B
| $6.75M | ﹤0.01% |
156,188
+5,232
| +3% | +$213K |
|
|
WORK
2248
DELISTED
Slack Technologies, Inc.
WORK
| $6.72M | ﹤0.01% |
299,100
+12,654
| +4% | +$282K |
|
|
WAAS
2249
DELISTED
AquaVenture Holdings Limited
WAAS
| $6.72M | ﹤0.01% |
247,895
+10,846
| +5% | +$230K |
|
|
VTLE
2250
DELISTED
Vital Energy
VTLE
| $6.72M | ﹤0.01% |
117,068
+6,924
| +6% | +$336K |
|
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.