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 | |
|---|---|---|---|---|---|---|
|
BRSL
2576
Brightstar Lottery PLC
BRSL
$2.03B
| $2.35M | ﹤0.01% |
395,138
-373,781
| -49% | -$4.26M |
|
2577
Methanex
MEOH
$4.21B
| $2.35M | ﹤0.01% |
186,770
+35,696
| +24% | +$1.03M |
|
2578
Ericsson
ERIC
$33.3B
| $2.33M | ﹤0.01% |
288,351
-29,160
| -9% | -$238K |
|
|
UBX
2579
DELISTED
Unity Biotechnology
UBX
| $2.33M | ﹤0.01% |
40,167
+4,532
| +13% | +$286K |
|
2580
OneSpaWorld
OSW
$2.69B
| $2.33M | ﹤0.01% |
573,560
+54,565
| +11% | +$656K |
|
2581
Oil-Dri
ODC
$1.4B
| $2.33M | ﹤0.01% |
139,202
+10,596
| +8% | +$182K |
|
2582
Amalgamated Financial
AMAL
$1.5B
| $2.32M | ﹤0.01% |
214,932
+21,807
| +11% | +$349K |
|
2583
Galicia Financial Group
GGAL
$7.51B
| $2.32M | ﹤0.01% |
330,939
+22,832
| +7% | +$290K |
|
2584
Modine Manufacturing
MOD
$10.2B
| $2.31M | ﹤0.01% |
712,687
+46,328
| +7% | +$308K |
|
2585
Western New England Bancorp
WNEB
$282M
| $2.31M | ﹤0.01% |
342,314
+28,574
| +9% | +$243K |
|
|
MRNS
2586
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $2.31M | ﹤0.01% |
284,493
+109,778
| +63% | +$951K |
|
2587
Tencent Music
TME
$15.7B
| $2.31M | ﹤0.01% |
230,765
+16,280
| +8% | +$200K |
|
|
TPCO
2588
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $2.31M | ﹤0.01% |
284,272
+5,211
| +2% | +$57.6K |
|
|
NOAH
2589
Noah Holdings
NOAH
$594M
| $2.3M | ﹤0.01% |
89,617
+8,693
| +11% | +$274K |
|
|
SEI
2590
Solaris Energy Infrastructure
SEI
$3.49B
| $2.29M | ﹤0.01% |
436,976
+29,555
| +7% | +$310K |
|
|
CLCT
2591
DELISTED
Collectors Universe
CLCT
| $2.27M | ﹤0.01% |
145,244
-44,510
| -23% | -$995K |
|
2592
AMC Entertainment Holdings
AMC
$2.29B
| $2.27M | ﹤0.01% |
71,826
+3,740
| +5% | +$215K |
|
2593
Luxfer Holdings
LXFR
$457M
| $2.27M | ﹤0.01% |
160,505
+20,820
| +15% | +$331K |
|
2594
FS Bancorp
FSBW
$321M
| $2.27M | ﹤0.01% |
126,028
+11,038
| +10% | +$277K |
|
|
EIGI
2595
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $2.26M | ﹤0.01% |
1,172,730
+91,692
| +8% | +$356K |
|
2596
Anavex Life Sciences
AVXL
$304M
| $2.26M | ﹤0.01% |
717,581
+104,462
| +17% | +$364K |
|
|
VBIV
2597
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $2.26M | ﹤0.01% |
79,233
-2,362
| -3% | -$91.8K |
|
2598
Black Diamond Therapeutics
BDTX
$110M
| $2.25M | ﹤0.01% |
+90,397
| New | +$2.75M |
|
2599
Digimarc Corp
DMRC
$171M
| $2.25M | ﹤0.01% |
172,638
+6,563
| +4% | +$171K |
|
2600
First Internet Bancorp
INBK
$256M
| $2.25M | ﹤0.01% |
136,800
+4,833
| +4% | +$111K |
|
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.