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 | |
|---|---|---|---|---|---|---|
|
MNK
2551
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $2.5M | ﹤0.01% |
1,262,194
-38,988
| -3% | -$148K |
|
|
CHUY
2552
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $2.49M | ﹤0.01% |
247,237
+17,016
| +7% | +$356K |
|
|
TNAV
2553
DELISTED
Telenav Inc.
TNAV
| $2.49M | ﹤0.01% |
575,834
+8,092
| +1% | +$41.7K |
|
|
KDNY
2554
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $2.48M | ﹤0.01% |
181,401
+7,864
| +5% | +$93K |
|
2555
Green Plains
GPRE
$1.06B
| $2.47M | ﹤0.01% |
509,698
+22,385
| +5% | +$242K |
|
2556
UroGen Pharma
URGN
$2.22B
| $2.45M | ﹤0.01% |
137,585
+15,041
| +12% | +$406K |
|
|
RUBY
2557
DELISTED
Rubius Therapeutics, Inc
RUBY
| $2.45M | ﹤0.01% |
551,161
+38,291
| +7% | +$284K |
|
2558
UNIFI
UFI
$128M
| $2.45M | ﹤0.01% |
212,074
+15,183
| +8% | +$312K |
|
|
SDC
2559
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $2.45M | ﹤0.01% |
523,859
+61,307
| +13% | +$604K |
|
2560
Global Indemnity Group
GBLI
$409M
| $2.43M | ﹤0.01% |
95,338
+3,017
| +3% | +$91.1K |
|
2561
StoneCo
STNE
$2.69B
| $2.43M | ﹤0.01% |
111,693
+6,213
| +6% | +$237K |
|
2562
Northern Oil and Gas
NOG
$2.21B
| $2.42M | ﹤0.01% |
364,675
+40,524
| +13% | +$592K |
|
2563
W&T Offshore
WTI
$504M
| $2.42M | ﹤0.01% |
1,422,225
+90,188
| +7% | +$307K |
|
|
BBBY
2564
Bed Bath & Beyond
BBBY
$429M
| $2.42M | ﹤0.01% |
585,950
+63,684
| +12% | +$346K |
|
2565
Cooper-Standard Automotive
CPS
$491M
| $2.42M | ﹤0.01% |
235,283
+18,941
| +9% | +$407K |
|
|
AKRO
2566
DELISTED
Akero Therapeutics
AKRO
| $2.41M | ﹤0.01% |
113,907
+34,663
| +44% | +$743K |
|
2567
Titan Machinery
TITN
$448M
| $2.41M | ﹤0.01% |
277,664
+23,502
| +9% | +$267K |
|
|
HT
2568
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $2.39M | ﹤0.01% |
667,498
+44,987
| +7% | +$490K |
|
|
SCTL
2569
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
| $2.39M | ﹤0.01% |
292,187
+5,693
| +2% | +$79K |
|
2570
Business First Bancshares
BFST
$1.03B
| $2.38M | ﹤0.01% |
176,332
+14,805
| +9% | +$321K |
|
|
CHK
2571
DELISTED
Chesapeake Energy Corporation
CHK
| $2.38M | ﹤0.01% |
68,808
+3,293
| +5% | +$289K |
|
2572
Donnelley Financial Solutions
DFIN
$1.19B
| $2.37M | ﹤0.01% |
450,268
+4,340
| +1% | +$36.8K |
|
2573
Seres Therapeutics
MCRB
$47.9M
| $2.36M | ﹤0.01% |
33,086
+2,039
| +7% | +$137K |
|
|
PARAA
2574
DELISTED
Paramount Global Class A
PARAA
| $2.36M | ﹤0.01% |
132,459
+57,485
| +77% | +$1.88M |
|
2575
Forestar Group
FOR
$1.49B
| $2.36M | ﹤0.01% |
227,976
+48,404
| +27% | +$887K |
|
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.