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 | |
|---|---|---|---|---|---|---|
2351
Farmers National Banc Corp
FMNB
$968M
| $5.66M | ﹤0.01% |
346,698
+18,533
| +6% | +$283K |
|
|
CCRN
2352
DELISTED
Cross Country Healthcare
CCRN
| $5.65M | ﹤0.01% |
485,909
+7,526
| +2% | +$85K |
|
|
CPRX
2353
DELISTED
Catalyst Pharmaceutical
CPRX
| $5.64M | ﹤0.01% |
1,504,321
-19,083
| -1% | -$89.2K |
|
|
BPY
2354
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $5.62M | ﹤0.01% |
307,797
+1,284
| +0.4% | +$24.3K |
|
2355
HF Foods Group
HFFG
$95.9M
| $5.62M | ﹤0.01% |
288,146
+221,878
| +335% | +$4.41M |
|
|
OLP
2356
One Liberty Properties
OLP
$532M
| $5.61M | ﹤0.01% |
206,474
+5,356
| +3% | +$147K |
|
|
CRC
2357
DELISTED
California Resources Corporation
CRC
| $5.61M | ﹤0.01% |
621,683
-17,745
| -3% | -$144K |
|
|
SPPI
2358
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $5.61M | ﹤0.01% |
1,541,427
+70,544
| +5% | +$570K |
|
|
GTS
2359
DELISTED
Triple-S Management Corporation
GTS
| $5.59M | ﹤0.01% |
302,443
+11,060
| +4% | +$189K |
|
2360
Novartis
NVS
$290B
| $5.58M | ﹤0.01% |
58,940
-1,011
| -2% | -$90.7K |
|
2361
Digimarc Corp
DMRC
$155M
| $5.57M | ﹤0.01% |
166,075
+4,645
| +3% | +$167K |
|
|
MEET
2362
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $5.54M | ﹤0.01% |
1,105,529
-166,103
| -13% | -$781K |
|
2363
Carriage Services
CSV
$556M
| $5.54M | ﹤0.01% |
216,291
+8,142
| +4% | +$197K |
|
2364
Beazer Homes USA
BZH
$874M
| $5.51M | ﹤0.01% |
390,075
+16,227
| +4% | +$246K |
|
2365
IMAX
IMAX
$2.89B
| $5.51M | ﹤0.01% |
269,572
+15,129
| +6% | +$323K |
|
2366
CRH
CRH
$65.6B
| $5.5M | ﹤0.01% |
136,435
+82,429
| +153% | +$3.05M |
|
2367
Omega Flex
OFLX
$298M
| $5.5M | ﹤0.01% |
51,221
+2,246
| +5% | +$219K |
|
|
JCAP
2368
DELISTED
Jernigan Capital, Inc.
JCAP
| $5.48M | ﹤0.01% |
286,193
+28,614
| +11% | +$526K |
|
2369
CytomX Therapeutics
CTMX
$736M
| $5.45M | ﹤0.01% |
656,257
+39,211
| +6% | +$265K |
|
2370
Miller Industries
MLR
$635M
| $5.45M | ﹤0.01% |
146,841
+5,633
| +4% | +$198K |
|
|
ODT
2371
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $5.45M | ﹤0.01% |
167,986
+4,342
| +3% | +$135K |
|
|
TUP
2372
DELISTED
Tupperware Brands Corporation
TUP
| $5.44M | ﹤0.01% |
634,138
-87,579
| -12% | -$955K |
|
|
AMRN
2373
Amarin Corp
AMRN
$299M
| $5.42M | ﹤0.01% |
12,649
+164
| +1% | +$62.3K |
|
2374
Insteel Industries
IIIN
$632M
| $5.42M | ﹤0.01% |
252,346
+8,694
| +4% | +$184K |
|
|
WNS
2375
DELISTED
WNS Holdings
WNS
| $5.41M | ﹤0.01% |
81,827
-3,886
| -5% | -$242K |
|
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.