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 | |
|---|---|---|---|---|---|---|
2426
Ezcorp Inc
EZPW
$1.81B
| $4.97M | ﹤0.01% |
728,432
+42,958
| +6% | +$247K |
|
2427
Angi Inc
ANGI
$187M
| $4.96M | ﹤0.01% |
58,597
-2,655
| -4% | -$198K |
|
|
CATC
2428
DELISTED
CAMBRIDGE BANCORP
CATC
| $4.96M | ﹤0.01% |
61,860
+13,052
| +27% | +$1.02M |
|
2429
Puma Biotechnology
PBYI
$452M
| $4.95M | ﹤0.01% |
566,043
+163,303
| +41% | +$1.35M |
|
|
AMK
2430
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $4.95M | ﹤0.01% |
170,495
+15,184
| +10% | +$397K |
|
|
DSPG
2431
DELISTED
DSP Group Inc
DSPG
| $4.93M | ﹤0.01% |
313,477
+17,895
| +6% | +$264K |
|
2432
Mercer International
MERC
$33.9M
| $4.93M | ﹤0.01% |
401,032
-3,375
| -0.8% | -$41.2K |
|
2433
AMC Entertainment Holdings
AMC
$2.34B
| $4.93M | ﹤0.01% |
68,086
+1,740
| +3% | +$153K |
|
2434
Sterling Infrastructure
STRL
$17B
| $4.92M | ﹤0.01% |
349,592
+3,069
| +0.9% | +$46.2K |
|
2435
FRP Holdings
FRPH
$429M
| $4.92M | ﹤0.01% |
197,542
+2,326
| +1% | +$58.5K |
|
2436
Blue Bird Corp
BLBD
$2.06B
| $4.91M | ﹤0.01% |
214,392
+10,268
| +5% | +$205K |
|
2437
A10 Networks
ATEN
$1.98B
| $4.89M | ﹤0.01% |
711,564
-46,354
| -6% | -$312K |
|
2438
UFP Technologies
UFPT
$2.52B
| $4.89M | ﹤0.01% |
98,553
+2,942
| +3% | +$128K |
|
2439
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.3B
| $4.89M | ﹤0.01% |
425,320
+20,770
| +5% | +$201K |
|
2440
The RealReal
REAL
$1.35B
| $4.88M | ﹤0.01% |
258,915
+8,990
| +4% | +$172K |
|
|
RUBY
2441
DELISTED
Rubius Therapeutics, Inc
RUBY
| $4.87M | ﹤0.01% |
512,870
+21,000
| +4% | +$203K |
|
|
DOO
2442
Bombardier Recreational Products
DOO
$4.74B
| $4.87M | ﹤0.01% |
106,866
+66,130
| +162% | +$2.95M |
|
|
SCU
2443
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $4.86M | ﹤0.01% |
219,756
+12,644
| +6% | +$235K |
|
2444
Phreesia
PHR
$759M
| $4.84M | ﹤0.01% |
181,817
+65,075
| +56% | +$1.8M |
|
2445
Rigel Pharmaceuticals
RIGL
$756M
| $4.83M | ﹤0.01% |
225,926
-7,661
| -3% | -$158K |
|
|
CS
2446
DELISTED
Credit Suisse Group
CS
| $4.83M | ﹤0.01% |
359,456
+166,415
| +86% | +$2.13M |
|
2447
Cameco
CCJ
$42.7B
| $4.83M | ﹤0.01% |
547,281
+53,308
| +11% | +$493K |
|
|
ACR
2448
ACRES Commercial Realty
ACR
$101M
| $4.82M | ﹤0.01% |
135,923
-6,217
| -4% | -$218K |
|
2449
MarineMax
HZO
$1.15B
| $4.81M | ﹤0.01% |
287,969
-895
| -0.3% | -$14.6K |
|
2450
Goldgroup Mining Inc.
GORO
$209M
| $4.8M | ﹤0.01% |
865,971
+20,789
| +2% | +$90.7K |
|
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.