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 | |
|---|---|---|---|---|---|---|
|
PBIP
2501
DELISTED
Prudential Bancorp, Inc.
PBIP
| $2.68M | ﹤0.01% |
181,202
+9,607
| +6% | +$158K |
|
|
FPI
2502
Farmland Partners
FPI
$434M
| $2.68M | ﹤0.01% |
441,479
+31,578
| +8% | +$203K |
|
|
ITIC
2503
Investors Title Co
ITIC
$558M
| $2.68M | ﹤0.01% |
20,927
+1,953
| +10% | +$300K |
|
|
PRVB
2504
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $2.67M | ﹤0.01% |
290,853
+36,668
| +14% | +$473K |
|
|
RUTH
2505
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $2.67M | ﹤0.01% |
400,413
+9,937
| +3% | +$172K |
|
|
SPNE
2506
DELISTED
SeaSpine Holdings Corporation Common Stock
SPNE
| $2.67M | ﹤0.01% |
326,878
+130,473
| +66% | +$1.72M |
|
|
CRON
2507
Cronos Group
CRON
$1.13B
| $2.66M | ﹤0.01% |
470,368
+130,134
| +38% | +$865K |
|
2508
Orion
OEC
$430M
| $2.66M | ﹤0.01% |
357,028
+13,800
| +4% | +$200K |
|
|
ORC
2509
Orchid Island Capital
ORC
$1.28B
| $2.66M | ﹤0.01% |
180,296
+20,772
| +13% | +$562K |
|
2510
Bilibili
BILI
$7.81B
| $2.66M | ﹤0.01% |
113,533
+46,234
| +69% | +$1.12M |
|
2511
Verastem
VSTM
$519M
| $2.65M | ﹤0.01% |
83,772
+26,828
| +47% | +$673K |
|
2512
Revolution Medicines
RVMD
$42.4B
| $2.65M | ﹤0.01% |
+120,878
| New | +$3.35M |
|
2513
Beazer Homes USA
BZH
$915M
| $2.64M | ﹤0.01% |
410,544
+20,469
| +5% | +$253K |
|
2514
Napco Security Technologies
NSSC
$1.46B
| $2.64M | ﹤0.01% |
348,516
+23,120
| +7% | +$272K |
|
2515
Greenlight Captial
GLRE
$511M
| $2.64M | ﹤0.01% |
444,165
+55,388
| +14% | +$476K |
|
2516
Daktronics
DAKT
$1.05B
| $2.64M | ﹤0.01% |
535,754
+8,957
| +2% | +$49.7K |
|
2517
Standard BioTools
LAB
$314M
| $2.63M | ﹤0.01% |
1,035,126
+68,459
| +7% | +$225K |
|
2518
Distribution Solutions Group
DSGR
$1.61B
| $2.62M | ﹤0.01% |
196,392
+13,026
| +7% | +$285K |
|
2519
Goldgroup Mining Inc.
GORO
$160M
| $2.62M | ﹤0.01% |
953,326
+87,355
| +10% | +$394K |
|
|
GRFS
2520
Grifois
GRFS
$5.33B
| $2.62M | ﹤0.01% |
130,187
-20,263
| -13% | -$454K |
|
|
NEX
2521
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $2.62M | ﹤0.01% |
2,240,472
+181,599
| +9% | +$797K |
|
2522
Allient
ALNT
$1.89B
| $2.62M | ﹤0.01% |
165,809
+10,101
| +6% | +$272K |
|
|
ECOM
2523
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $2.62M | ﹤0.01% |
360,461
+23,933
| +7% | +$211K |
|
2524
Metropolitan Bank Holding Corp
MCB
$1.15B
| $2.62M | ﹤0.01% |
97,129
+8,182
| +9% | +$341K |
|
|
GTYH
2525
DELISTED
GTY Technology Holdings, Inc. Common Stock
GTYH
| $2.61M | ﹤0.01% |
577,786
+41,564
| +8% | +$231K |
|
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.