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 | |
|---|---|---|---|---|---|---|
2376
West Bancorporation
WTBA
$510M
| $5.41M | ﹤0.01% |
210,976
+3,546
| +2% | +$84.3K |
|
|
MDLA
2377
DELISTED
Medallia, Inc.
MDLA
| $5.4M | ﹤0.01% |
173,686
+14,886
| +9% | +$440K |
|
|
PRMW
2378
DELISTED
Primo Water Corporation
PRMW
| $5.4M | ﹤0.01% |
481,042
+10,676
| +2% | +$118K |
|
|
CNR
2379
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $5.38M | ﹤0.01% |
632,751
+91,084
| +17% | +$640K |
|
2380
Utah Medical Products
UTMD
$228M
| $5.38M | ﹤0.01% |
49,885
-507
| -1% | -$51.4K |
|
2381
Sportsman's Warehouse
SPWH
$47.2M
| $5.36M | ﹤0.01% |
668,137
+119,600
| +22% | +$846K |
|
|
CDMO
2382
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $5.36M | ﹤0.01% |
698,196
-29,676
| -4% | -$173K |
|
|
PDLI
2383
DELISTED
PDL BioPharma, Inc.
PDLI
| $5.36M | ﹤0.01% |
1,650,255
-71,944
| -4% | -$209K |
|
2384
Voyager Therapeutics
VYGR
$201M
| $5.35M | ﹤0.01% |
383,675
+3,227
| +0.8% | +$46.9K |
|
2385
i3 Verticals
IIIV
$316M
| $5.31M | ﹤0.01% |
188,132
+12,258
| +7% | +$289K |
|
2386
NN Inc
NNBR
$300M
| $5.29M | ﹤0.01% |
572,147
+14,697
| +3% | +$118K |
|
|
LDL
2387
DELISTED
Lydall, Inc.
LDL
| $5.28M | ﹤0.01% |
257,458
+35,621
| +16% | +$738K |
|
|
CNR
2388
Core Natural Resources Inc
CNR
$4.63B
| $5.28M | ﹤0.01% |
363,993
-8,610
| -2% | -$119K |
|
2389
1-800-Flowers.com
FLWS
$261M
| $5.26M | ﹤0.01% |
362,741
-35,113
| -9% | -$477K |
|
|
SCTL
2390
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $5.25M | ﹤0.01% |
286,494
-51,524
| -15% | -$740K |
|
|
BSTC
2391
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $5.23M | ﹤0.01% |
91,926
-3,914
| -4% | -$207K |
|
2392
Cato Corp
CATO
$66.7M
| $5.22M | ﹤0.01% |
300,192
-4,522
| -1% | -$80.9K |
|
|
RST
2393
DELISTED
ROSETTA STONE INC
RST
| $5.22M | ﹤0.01% |
287,657
+9,794
| +4% | +$167K |
|
2394
Century Aluminum
CENX
$4.79B
| $5.21M | ﹤0.01% |
692,980
+23,279
| +3% | +$161K |
|
2395
Impinj
PI
$5.43B
| $5.21M | ﹤0.01% |
201,386
-26,451
| -12% | -$822K |
|
2396
Flex
FLEX
$47B
| $5.19M | ﹤0.01% |
551,865
+8,225
| +2% | +$70.9K |
|
2397
Vishay Precision Group
VPG
$944M
| $5.18M | ﹤0.01% |
152,505
-1,981
| -1% | -$66.5K |
|
2398
Magnite
MGNI
$3.53B
| $5.17M | ﹤0.01% |
634,194
-35,193
| -5% | -$289K |
|
2399
Astrana Health
ASTH
$1.83B
| $5.16M | ﹤0.01% |
280,319
-54,646
| -16% | -$906K |
|
|
ANH
2400
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $5.15M | ﹤0.01% |
1,463,541
+6,775
| +0.5% | +$23.4K |
|
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.