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 | |
|---|---|---|---|---|---|---|
2451
Napco Security Technologies
NSSC
$1.38B
| $4.78M | ﹤0.01% |
325,396
+4,336
| +1% | +$62.9K |
|
2452
Phathom Pharmaceuticals
PHAT
$731M
| $4.78M | ﹤0.01% |
+153,434
| New | +$3.86M |
|
2453
Distribution Solutions Group
DSGR
$1.61B
| $4.78M | ﹤0.01% |
183,366
+5,154
| +3% | +$122K |
|
|
DSSI
2454
DELISTED
Diamond S Shipping Inc. Common Shares
DSSI
| $4.77M | ﹤0.01% |
285,085
+62,818
| +28% | +$939K |
|
2455
Civista Bancshares
CIVB
$597M
| $4.76M | ﹤0.01% |
198,268
+6,111
| +3% | +$136K |
|
2456
Oppenheimer Holdings
OPY
$1.22B
| $4.75M | ﹤0.01% |
172,934
+4,558
| +3% | +$127K |
|
2457
Clean Energy Fuels
CLNE
$390M
| $4.75M | ﹤0.01% |
2,029,822
+53,996
| +3% | +$115K |
|
2458
Energy Recovery
ERII
$398M
| $4.75M | ﹤0.01% |
484,728
+21,100
| +5% | +$194K |
|
|
PLYA
2459
DELISTED
Playa Hotels & Resorts
PLYA
| $4.74M | ﹤0.01% |
563,986
+1,466
| +0.3% | +$11.4K |
|
|
GLOG
2460
DELISTED
GASLOG LTD
GLOG
| $4.72M | ﹤0.01% |
481,933
+117,736
| +32% | +$1.34M |
|
|
PFNX
2461
DELISTED
Pfenex Inc.
PFNX
| $4.71M | ﹤0.01% |
429,544
-1,424
| -0.3% | -$14.1K |
|
|
PCSB
2462
DELISTED
PCSB Financial Corporation
PCSB
| $4.71M | ﹤0.01% |
232,795
+3,971
| +2% | +$80.3K |
|
2463
Bar Harbor Bankshares
BHB
$680M
| $4.7M | ﹤0.01% |
185,091
+5,245
| +3% | +$134K |
|
2464
Movado Group
MOV
$804M
| $4.7M | ﹤0.01% |
216,153
+6,559
| +3% | +$153K |
|
|
IGMS
2465
DELISTED
IGM Biosciences
IGMS
| $4.68M | ﹤0.01% |
+122,554
| New | +$3.08M |
|
|
TBRG
2466
DELISTED
TruBridge
TBRG
| $4.67M | ﹤0.01% |
177,066
-1,089
| -0.6% | -$27.2K |
|
2467
Donnelley Financial Solutions
DFIN
$1.18B
| $4.67M | ﹤0.01% |
445,928
-14,356
| -3% | -$150K |
|
|
ORC
2468
Orchid Island Capital
ORC
$1.33B
| $4.67M | ﹤0.01% |
159,524
+5,642
| +4% | +$162K |
|
|
FBM
2469
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $4.66M | ﹤0.01% |
240,892
+16,451
| +7% | +$316K |
|
2470
BlackBerry
BB
$5.19B
| $4.65M | ﹤0.01% |
728,944
+103,670
| +17% | +$569K |
|
|
GTT
2471
DELISTED
GTT Communications, Inc.
GTT
| $4.64M | ﹤0.01% |
408,698
-6,154
| -1% | -$51.5K |
|
2472
Ameresco
AMRC
$1.48B
| $4.63M | ﹤0.01% |
264,487
+14,561
| +6% | +$229K |
|
2473
Citizens & Northern Corp
CZNC
$466M
| $4.62M | ﹤0.01% |
163,531
+3,117
| +2% | +$81.2K |
|
2474
Clearwater Paper
CLW
$353M
| $4.61M | ﹤0.01% |
215,765
+6,175
| +3% | +$124K |
|
2475
VSE Corp
VSEC
$6.7B
| $4.61M | ﹤0.01% |
121,126
-935
| -0.8% | -$34.8K |
|
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.