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 | |
|---|---|---|---|---|---|---|
2526
Arlo Technologies
ARLO
$1.68B
| $2.6M | ﹤0.01% |
1,071,653
+83,868
| +8% | +$291K |
|
|
CBMG
2527
DELISTED
Cellular Biomedicine Group, Inc.
CBMG
| $2.6M | ﹤0.01% |
164,196
+7,805
| +5% | +$126K |
|
2528
Home Bancorp
HBCP
$567M
| $2.6M | ﹤0.01% |
106,292
+10,462
| +11% | +$344K |
|
2529
Hooker Furnishings Corp
HOFT
$163M
| $2.59M | ﹤0.01% |
165,976
+8,311
| +5% | +$171K |
|
2530
First Capital
FCAP
$214M
| $2.58M | ﹤0.01% |
43,162
+3,178
| +8% | +$207K |
|
2531
Southern Missouri Bancorp
SMBC
$858M
| $2.58M | ﹤0.01% |
106,579
+8,938
| +9% | +$303K |
|
2532
Camping World
CWH
$644M
| $2.58M | ﹤0.01% |
453,086
+34,834
| +8% | +$437K |
|
2533
Park-Ohio Holdings
PKOH
$670M
| $2.58M | ﹤0.01% |
136,150
-15,153
| -10% | -$399K |
|
|
AKTS
2534
DELISTED
Akoustis Technologies Inc
AKTS
| $2.57M | ﹤0.01% |
478,523
+137,524
| +40% | +$966K |
|
|
DRRX
2535
DELISTED
DURECT Corp
DRRX
| $2.56M | ﹤0.01% |
165,313
+13,205
| +9% | +$253K |
|
2536
FuelCell Energy
FCEL
$1.62B
| $2.56M | ﹤0.01% |
56,541
+9,265
| +20% | +$523K |
|
2537
Northrim BanCorp
NRIM
$591M
| $2.56M | ﹤0.01% |
379,508
+23,988
| +7% | +$207K |
|
2538
Blue Bird Corp
BLBD
$2.09B
| $2.56M | ﹤0.01% |
234,062
+19,670
| +9% | +$358K |
|
|
MFSF
2539
DELISTED
MutualFirst Financial Inc
MFSF
| $2.55M | ﹤0.01% |
90,423
-10,695
| -11% | -$372K |
|
2540
Toyota
TM
$222B
| $2.54M | ﹤0.01% |
21,210
-1,657
| -7% | -$221K |
|
2541
El Pollo Loco
LOCO
$499M
| $2.54M | ﹤0.01% |
300,807
+13,000
| +5% | +$165K |
|
|
HUYA
2542
Huya Inc
HUYA
$554M
| $2.54M | ﹤0.01% |
150,885
+6,851
| +5% | +$127K |
|
|
BPY
2543
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $2.54M | ﹤0.01% |
314,273
+6,476
| +2% | +$105K |
|
2544
Turning Point Brands
TPB
$1.7B
| $2.53M | ﹤0.01% |
119,952
+6,497
| +6% | +$152K |
|
2545
Accuray
ARAY
$33.8M
| $2.53M | ﹤0.01% |
1,329,741
+102,248
| +8% | +$295K |
|
2546
ACM Research
ACMR
$5.46B
| $2.52M | ﹤0.01% |
255,180
+50,328
| +25% | +$543K |
|
|
CS
2547
DELISTED
Credit Suisse Group
CS
| $2.52M | ﹤0.01% |
310,916
-48,540
| -14% | -$565K |
|
|
TDAY
2548
USA Today Co
TDAY
$1.17B
| $2.51M | ﹤0.01% |
1,699,317
+137,395
| +9% | +$679K |
|
2549
Immersion
IMMR
$246M
| $2.51M | ﹤0.01% |
468,287
+35,123
| +8% | +$243K |
|
|
MCBC
2550
DELISTED
Macatawa Bank Corp
MCBC
| $2.51M | ﹤0.01% |
352,350
+35,071
| +11% | +$339K |
|
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.