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 | |
|---|---|---|---|---|---|---|
|
ZIXI
2401
DELISTED
Zix Corporation
ZIXI
| $5.15M | ﹤0.01% |
759,611
+20,852
| +3% | +$144K |
|
2402
Modine Manufacturing
MOD
$10.9B
| $5.13M | ﹤0.01% |
666,359
+29,196
| +5% | +$262K |
|
|
GDEN
2403
DELISTED
Golden Entertainment
GDEN
| $5.13M | ﹤0.01% |
266,891
+7,456
| +3% | +$122K |
|
2404
Inseego
INSG
$78M
| $5.1M | ﹤0.01% |
69,610
+1,690
| +2% | +$97.5K |
|
2405
Elbit Systems
ESLT
$36.7B
| $5.1M | ﹤0.01% |
32,900
+278
| +0.9% | +$45.3K |
|
|
LTS
2406
DELISTED
Ladenburg Thalmann Financial Services Inc
LTS
| $5.1M | ﹤0.01% |
1,464,455
-100,384
| -6% | -$291K |
|
|
DX
2407
Dynex Capital
DX
$3.24B
| $5.09M | ﹤0.01% |
300,777
-39,070
| -11% | -$631K |
|
2408
Park-Ohio Holdings
PKOH
$714M
| $5.09M | ﹤0.01% |
151,303
+7,182
| +5% | +$226K |
|
2409
Bank First Corp
BFC
$1.75B
| $5.08M | ﹤0.01% |
72,578
+5,633
| +8% | +$385K |
|
|
EIGI
2410
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $5.08M | ﹤0.01% |
1,081,038
-6,014
| -0.6% | -$24.7K |
|
2411
EverQuote
EVER
$868M
| $5.07M | ﹤0.01% |
147,648
+28,271
| +24% | +$788K |
|
2412
Old Second Bancorp
OSBC
$1.32B
| $5.07M | ﹤0.01% |
376,319
+12,788
| +4% | +$160K |
|
|
SWTX
2413
DELISTED
SpringWorks Therapeutics
SWTX
| $5.07M | ﹤0.01% |
+131,597
| New | +$3.08M |
|
2414
Surgery Partners
SGRY
$1.97B
| $5.06M | ﹤0.01% |
323,315
+52,179
| +19% | +$592K |
|
2415
Gogo Inc
GOGO
$379M
| $5.06M | ﹤0.01% |
790,757
+32,446
| +4% | +$189K |
|
2416
Diageo
DEO
$52.8B
| $5.05M | ﹤0.01% |
29,996
-7,659
| -20% | -$1.24M |
|
2417
Cloudflare
NET
$118B
| $5.05M | ﹤0.01% |
+296,094
| New | +$5.04M |
|
2418
Allient
ALNT
$1.89B
| $5.03M | ﹤0.01% |
155,708
+5,084
| +3% | +$142K |
|
2419
NVE Corp
NVEC
$571M
| $5.03M | ﹤0.01% |
70,401
+3,511
| +5% | +$229K |
|
|
SIEN
2420
DELISTED
Sientra, Inc.
SIEN
| $5.02M | ﹤0.01% |
56,172
+1,361
| +2% | +$103K |
|
2421
Simulations Plus
SLP
$370M
| $5.02M | ﹤0.01% |
172,706
-10,088
| -6% | -$342K |
|
|
CRCM
2422
DELISTED
CARE.COM, INC.
CRCM
| $5.02M | ﹤0.01% |
333,889
+16,299
| +5% | +$196K |
|
2423
Fossil Group
FOSL
$330M
| $4.98M | ﹤0.01% |
632,392
+1,087
| +0.2% | +$10K |
|
2424
UNIFI
UFI
$125M
| $4.97M | ﹤0.01% |
196,891
+8,183
| +4% | +$198K |
|
2425
Galicia Financial Group
GGAL
$7.1B
| $4.97M | ﹤0.01% |
308,107
+10,883
| +4% | +$144K |
|
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.