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 | |
|---|---|---|---|---|---|---|
2276
CRA International
CRAI
$1.05B
| $6.36M | ﹤0.01% |
116,804
+3,803
| +3% | +$185K |
|
|
SAFE
2277
DELISTED
Safehold Inc.
SAFE
| $6.35M | ﹤0.01% |
157,650
+26,946
| +21% | +$988K |
|
2278
e.l.f. Beauty
ELF
$5.4B
| $6.35M | ﹤0.01% |
393,543
+71,659
| +22% | +$1.19M |
|
|
CAI
2279
DELISTED
CAI International, Inc.
CAI
| $6.34M | ﹤0.01% |
218,912
+5,116
| +2% | +$124K |
|
2280
Progyny
PGNY
$2B
| $6.31M | ﹤0.01% |
+229,987
| New | +$5.51M |
|
|
ROCC
2281
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $6.31M | ﹤0.01% |
208,011
+25,869
| +14% | +$688K |
|
2282
Equity Bancshares
EQBK
$1.06B
| $6.31M | ﹤0.01% |
204,417
+5,290
| +3% | +$151K |
|
2283
NIO
NIO
$11.3B
| $6.3M | ﹤0.01% |
1,581,453
+86,714
| +6% | +$174K |
|
2284
REX American Resources
REX
$1.45B
| $6.29M | ﹤0.01% |
460,332
+8,994
| +2% | +$124K |
|
2285
XBiotech
XBIT
$73.2M
| $6.28M | ﹤0.01% |
336,479
+32,547
| +11% | +$419K |
|
|
EGIO
2286
DELISTED
Edgio, Inc. Common Stock
EGIO
| $6.27M | ﹤0.01% |
38,428
+1,372
| +4% | +$217K |
|
|
HCCI
2287
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $6.27M | ﹤0.01% |
199,750
+3,380
| +2% | +$96.7K |
|
|
PETQ
2288
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $6.26M | ﹤0.01% |
249,888
+8,263
| +3% | +$205K |
|
|
LGTY
2289
DELISTED
Logility Supply Chain Solutions, Inc. Common Stock
LGTY
| $6.24M | ﹤0.01% |
419,434
+24,938
| +6% | +$392K |
|
2290
SFL Corp
SFL
$1.62B
| $6.23M | ﹤0.01% |
428,699
+21,161
| +5% | +$306K |
|
|
HAYN
2291
DELISTED
Haynes International, Inc.
HAYN
| $6.22M | ﹤0.01% |
173,766
+5,062
| +3% | +$183K |
|
2292
Lindblad Expeditions
LIND
$2.26B
| $6.21M | ﹤0.01% |
380,131
+9,229
| +2% | +$147K |
|
2293
Ardelyx
ARDX
$1.01B
| $6.21M | ﹤0.01% |
827,218
+140,208
| +20% | +$852K |
|
2294
Amerant Bancorp
AMTB
$1.15B
| $6.19M | ﹤0.01% |
284,296
+25,055
| +10% | +$521K |
|
2295
Sierra Bancorp
BSRR
$531M
| $6.17M | ﹤0.01% |
211,845
+22,185
| +12% | +$609K |
|
2296
Camping World
CWH
$663M
| $6.17M | ﹤0.01% |
418,252
+11,709
| +3% | +$133K |
|
2297
BRC Group Holdings
RILY
$304M
| $6.15M | ﹤0.01% |
244,401
+17,092
| +8% | +$450K |
|
|
AGEN
2298
Agenus
AGEN
$313M
| $6.14M | ﹤0.01% |
76,926
+6,057
| +9% | +$406K |
|
2299
Global Industrial
GIC
$1.48B
| $6.14M | ﹤0.01% |
244,215
+8,490
| +4% | +$198K |
|
|
COWN
2300
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $6.13M | ﹤0.01% |
389,566
+13,407
| +4% | +$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.