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 | |
|---|---|---|---|---|---|---|
|
RC
2251
Ready Capital
RC
$289M
| $6.72M | ﹤0.01% |
435,576
+33,366
| +8% | +$525K |
|
|
KRTX
2252
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $6.69M | ﹤0.01% |
88,802
+19,050
| +27% | +$834K |
|
2253
Forrester Research
FORR
$222M
| $6.69M | ﹤0.01% |
160,401
+6,661
| +4% | +$248K |
|
2254
Twist Bioscience
TWST
$7.83B
| $6.68M | ﹤0.01% |
318,347
+15,004
| +5% | +$351K |
|
2255
SunCoke Energy
SXC
$790M
| $6.68M | ﹤0.01% |
1,071,635
-530,794
| -33% | -$2.95M |
|
|
TPC
2256
Tutor Perini Cor
TPC
$5.04B
| $6.67M | ﹤0.01% |
518,667
+17,137
| +3% | +$264K |
|
2257
Sony
SONY
$137B
| $6.63M | ﹤0.01% |
487,415
+285,580
| +141% | +$3.56M |
|
2258
Orion
OEC
$363M
| $6.62M | ﹤0.01% |
343,228
+47,933
| +16% | +$866K |
|
2259
PDF Solutions
PDFS
$2.18B
| $6.62M | ﹤0.01% |
391,655
+13,211
| +3% | +$203K |
|
2260
Winmark
WINA
$1.26B
| $6.61M | ﹤0.01% |
33,325
+1,546
| +5% | +$279K |
|
2261
CNB Financial Corp
CCNE
$1.04B
| $6.59M | ﹤0.01% |
201,810
+6,427
| +3% | +$201K |
|
2262
BioCryst Pharmaceuticals
BCRX
$2.59B
| $6.59M | ﹤0.01% |
1,910,404
+427,042
| +29% | +$1.07M |
|
|
STML
2263
DELISTED
Stemline Therapeutics, Inc.
STML
| $6.59M | ﹤0.01% |
619,789
+17,348
| +3% | +$172K |
|
|
DVAX
2264
DELISTED
Dynavax Technologies
DVAX
| $6.58M | ﹤0.01% |
1,150,352
+59,661
| +5% | +$319K |
|
2265
First Mid Bancshares
FMBH
$1.39B
| $6.57M | ﹤0.01% |
186,308
+7,427
| +4% | +$259K |
|
2266
Haverty Furniture Companies
HVT
$449M
| $6.57M | ﹤0.01% |
325,660
+12,712
| +4% | +$257K |
|
|
WIFI
2267
DELISTED
Boingo Wireless, Inc.
WIFI
| $6.52M | ﹤0.01% |
595,873
+13,428
| +2% | +$146K |
|
|
MNRL
2268
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $6.5M | ﹤0.01% |
303,345
+95,221
| +46% | +$1.85M |
|
|
BRY
2269
DELISTED
Berry Corp
BRY
| $6.49M | ﹤0.01% |
687,840
+3,703
| +0.5% | +$34.6K |
|
|
AXDX
2270
DELISTED
Accelerate Diagnostics
AXDX
| $6.46M | ﹤0.01% |
38,251
+555
| +1% | +$91.6K |
|
2271
Stratasys
SSYS
$787M
| $6.45M | ﹤0.01% |
318,839
+16,863
| +6% | +$336K |
|
2272
National Presto Industries
NPK
$999M
| $6.42M | ﹤0.01% |
72,630
+5,489
| +8% | +$478K |
|
2273
National CineMedia
NCMI
$240M
| $6.42M | ﹤0.01% |
88,032
+2,962
| +3% | +$223K |
|
|
KREF
2274
KKR Real Estate Finance Trust
KREF
$496M
| $6.41M | ﹤0.01% |
313,829
+21,050
| +7% | +$420K |
|
2275
Team
TISI
$101M
| $6.38M | ﹤0.01% |
39,927
+1,280
| +3% | +$217K |
|
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.