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 |
Apple
AAPL
|
+$499M |
| 2 |
Microsoft
MSFT
|
+$376M |
| 3 |
Amazon
AMZN
|
+$286M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$224M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$202M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WCG
Wellcare Health Plans, Inc.
WCG
|
+$248M |
| 2 |
LPT
Liberty Property Trust
LPT
|
+$148M |
| 3 |
Procter & Gamble
PG
|
+$122M |
| 4 |
Visa
V
|
+$92.4M |
| 5 |
MDCO
Medicines Co
MDCO
|
+$89.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.12% |
| 2 | Healthcare | 15.34% |
| 3 | Financials | 13.68% |
| 4 | Consumer Discretionary | 9.77% |
| 5 | Communication Services | 9.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Village Super Market
VLGEA
$640M
| $2.79M | ﹤0.01% |
113,702
+4,569
| +4% | +$101K |
|
2477
Peabody Energy
BTU
$2.87B
| $2.79M | ﹤0.01% |
962,900
+59,080
| +7% | +$378K |
|
2478
Boston Omaha
BOC
$432M
| $2.79M | ﹤0.01% |
154,094
+15,403
| +11% | +$295K |
|
2479
Merchants Bancorp
MBIN
$2.48B
| $2.77M | ﹤0.01% |
274,307
+13,676
| +5% | +$168K |
|
2480
Team
TISI
$77.8M
| $2.77M | ﹤0.01% |
42,609
+2,682
| +7% | +$332K |
|
2481
Bloom Energy
BE
$67.4B
| $2.77M | ﹤0.01% |
529,147
+66,779
| +14% | +$566K |
|
2482
MannKind Corp
MNKD
$1.25B
| $2.77M | ﹤0.01% |
2,686,283
+152,101
| +6% | +$206K |
|
2483
Genesco
GCO
$428M
| $2.77M | ﹤0.01% |
207,299
+5,084
| +3% | +$171K |
|
|
ORBC
2484
DELISTED
ORBCOMM, Inc.
ORBC
| $2.76M | ﹤0.01% |
1,132,794
+94,632
| +9% | +$309K |
|
|
TEN
2485
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $2.76M | ﹤0.01% |
767,750
+50,001
| +7% | +$420K |
|
|
ZYXI
2486
DELISTED
Zynex
ZYXI
| $2.76M | ﹤0.01% |
274,139
+27,618
| +11% | +$269K |
|
2487
Wave Life Sciences
WVE
$1.19B
| $2.75M | ﹤0.01% |
294,033
+14,089
| +5% | +$120K |
|
|
FBM
2488
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $2.75M | ﹤0.01% |
267,805
+26,913
| +11% | +$437K |
|
|
SMMF
2489
DELISTED
Summit Financial Group, Inc.
SMMF
| $2.75M | ﹤0.01% |
129,870
+6,786
| +6% | +$157K |
|
2490
First Bancorp
FNLC
$398M
| $2.75M | ﹤0.01% |
125,089
+9,715
| +8% | +$257K |
|
2491
Nathan's Famous
NATH
$403M
| $2.73M | ﹤0.01% |
44,794
+3,423
| +8% | +$220K |
|
|
BREW
2492
DELISTED
Craft Brew Alliance, Inc.
BREW
| $2.73M | ﹤0.01% |
183,076
+14,298
| +8% | +$224K |
|
2493
Berkshire Hathaway Class A
BRK.A
$1.13T
| $2.72M | ﹤0.01% |
10
| – | – |
|
|
BEST
2494
DELISTED
BEST Inc. American Depositary Shares, each representing twenty (20) Class A Ordinary Shares
BEST
| $2.71M | ﹤0.01% |
25,511
+2,052
| +9% | +$228K |
|
2495
Movado Group
MOV
$840M
| $2.71M | ﹤0.01% |
228,976
+12,823
| +6% | +$203K |
|
|
WPG
2496
DELISTED
Washington Prime Group Inc.
WPG
| $2.7M | ﹤0.01% |
372,888
+20,203
| +6% | +$475K |
|
2497
Primis Financial Corp
FRST
$405M
| $2.7M | ﹤0.01% |
274,233
+20,436
| +8% | +$286K |
|
2498
Century Aluminum
CENX
$4.55B
| $2.7M | ﹤0.01% |
744,888
+51,908
| +7% | +$290K |
|
|
VSLR
2499
DELISTED
VIVINT SOLAR, INC.
VSLR
| $2.69M | ﹤0.01% |
615,178
+41,887
| +7% | +$355K |
|
|
TGH
2500
DELISTED
Textainer Group Holdings limited
TGH
| $2.69M | ﹤0.01% |
326,890
+38,686
| +13% | +$353K |
|
Similar funds
Geode Capital Management's Q1 2020 Portfolio in Review
As of Q1 2020, Geode Capital Management held 4,292 positions worth $384B, down 20% from $478B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Geode Capital Management's Q1 2020 filing shows 103 new, 3,113 increased, 564 reduced and 177 closed positions. Its largest new stake was Perdoceo Education: 1,042,040 shares worth $11.2M. The largest sale was Wellcare Health Plans, Inc., an estimated $248M.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 20% a quarter earlier, followed by Healthcare and Financials.
- Geode Capital Management's largest Q1 2020 buy was Perdoceo Education: 1,042,040 shares worth $11.2M.
- Geode Capital Management added most to Apple in Q1 2020, an estimated $499M increase.
- Geode Capital Management's biggest Q1 2020 reduction was Procter & Gamble, cutting an estimated $122M.
- Geode Capital Management fully exited Wellcare Health Plans, Inc. in Q1 2020, selling an estimated $248M.
- Geode Capital Management's ten largest holdings make up 21% of its $384B portfolio in Q1 2020.
- Geode Capital Management opened 103 new positions and closed 177 in Q1 2020.
- Geode Capital Management's portfolio value fell 20% quarter-over-quarter to $384B.
Based on Geode Capital Management's 13F filing for Q1 2020, filed 14 May 2020.