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 | |
|---|---|---|---|---|---|---|
2301
Hackett Group
HCKT
$271M
| $6.11M | ﹤0.01% |
378,634
+13,011
| +4% | +$207K |
|
2302
Hawkins
HWKN
$2.72B
| $6.11M | ﹤0.01% |
266,748
+4,330
| +2% | +$91.6K |
|
2303
OrthoPediatrics
KIDS
$644M
| $6.09M | ﹤0.01% |
129,611
+11,516
| +10% | +$446K |
|
|
LVGO
2304
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $6.08M | ﹤0.01% |
242,585
+80,073
| +49% | +$1.91M |
|
2305
Nordic American Tanker
NAT
$1.4B
| $6.05M | ﹤0.01% |
1,230,503
+173,264
| +16% | +$660K |
|
2306
Byline Bancorp
BY
$1.78B
| $6.04M | ﹤0.01% |
308,525
+32,486
| +12% | +$594K |
|
|
CIVI
2307
DELISTED
Civitas Resources
CIVI
| $6.03M | ﹤0.01% |
258,197
+4,775
| +2% | +$94.5K |
|
|
XRN
2308
Chiron Real Estate Inc
XRN
$488M
| $6.02M | ﹤0.01% |
91,000
+12,585
| +16% | +$791K |
|
2309
United Natural Foods
UNFI
$2.91B
| $6.02M | ﹤0.01% |
687,025
+25,983
| +4% | +$210K |
|
|
CHS
2310
DELISTED
Chicos FAS, Inc.
CHS
| $6M | ﹤0.01% |
1,575,809
+50,215
| +3% | +$193K |
|
2311
Quince Therapeutics
QNCX
$32.6M
| $6M | ﹤0.01% |
534
+251
| +89% | +$1.51M |
|
|
MOFG
2312
DELISTED
MidWestOne Financial Group
MOFG
| $6M | ﹤0.01% |
165,481
+8,320
| +5% | +$278K |
|
|
OMN
2313
DELISTED
OMNOVA Solutions Inc.
OMN
| $5.97M | ﹤0.01% |
591,004
+20,757
| +4% | +$210K |
|
|
LORL
2314
DELISTED
Loral Space and Communications, Inc.
LORL
| $5.97M | ﹤0.01% |
184,860
+6,033
| +3% | +$221K |
|
|
CHUY
2315
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $5.97M | ﹤0.01% |
230,221
-2,076
| -0.9% | -$53.8K |
|
|
HTB
2316
HomeTrust Bancshares
HTB
$834M
| $5.97M | ﹤0.01% |
222,368
+12,688
| +6% | +$334K |
|
|
DO
2317
DELISTED
Diamond Offshore Drilling
DO
| $5.96M | ﹤0.01% |
829,149
+21,968
| +3% | +$128K |
|
2318
First Community Bankshares
FCBC
$935M
| $5.96M | ﹤0.01% |
192,162
+4,901
| +3% | +$154K |
|
|
TECX
2319
Tectonic Therapeutic
TECX
$692M
| $5.96M | ﹤0.01% |
24,666
+1,455
| +6% | +$281K |
|
|
PGNX
2320
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $5.95M | ﹤0.01% |
1,169,835
+17,043
| +1% | +$90.2K |
|
2321
Precigen
PGEN
$2.37B
| $5.89M | ﹤0.01% |
1,074,435
+12,031
| +1% | +$67.7K |
|
2322
Logitech
LOGI
$14.8B
| $5.88M | ﹤0.01% |
124,721
+588
| +0.5% | +$25.1K |
|
2323
Dorian LPG
LPG
$1.96B
| $5.88M | ﹤0.01% |
379,605
+13,102
| +4% | +$173K |
|
2324
Future Fuel
FF
$253M
| $5.88M | ﹤0.01% |
474,251
-51,863
| -10% | -$618K |
|
|
ACBI
2325
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $5.87M | ﹤0.01% |
320,117
-13,056
| -4% | -$240K |
|
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.