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 | |
|---|---|---|---|---|---|---|
|
PWOD
2626
DELISTED
Penns Woods Bancorp
PWOD
| $2.13M | ﹤0.01% |
87,573
+4,522
| +5% | +$134K |
|
2627
Westwood Holdings Group
WHG
$185M
| $2.13M | ﹤0.01% |
116,142
-11,430
| -9% | -$287K |
|
2628
LCNB Corp
LCNB
$285M
| $2.12M | ﹤0.01% |
168,617
+7,028
| +4% | +$116K |
|
2629
AMES National
ATLO
$278M
| $2.12M | ﹤0.01% |
103,834
+5,812
| +6% | +$147K |
|
2630
Surgery Partners
SGRY
$1.95B
| $2.12M | ﹤0.01% |
324,154
+839
| +0.3% | +$12K |
|
|
HMTV
2631
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $2.12M | ﹤0.01% |
247,810
+8,924
| +4% | +$111K |
|
2632
Banco Macro
BMA
$5.51B
| $2.1M | ﹤0.01% |
124,524
+6,784
| +6% | +$194K |
|
2633
Victory Capital Holdings
VCTR
$6.57B
| $2.1M | ﹤0.01% |
128,522
+1,708
| +1% | +$33.5K |
|
2634
FVCBankcorp
FVCB
$337M
| $2.1M | ﹤0.01% |
196,875
+16,914
| +9% | +$210K |
|
2635
MediciNova
MNOV
$66.9M
| $2.1M | ﹤0.01% |
563,615
+22,999
| +4% | +$120K |
|
|
BVH
2636
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $2.1M | ﹤0.01% |
181,389
-522
| -0.3% | -$8.88K |
|
2637
X4 Pharmaceuticals
XFOR
$393M
| $2.09M | ﹤0.01% |
6,981
+950
| +16% | +$270K |
|
2638
VSE Corp
VSEC
$6.33B
| $2.09M | ﹤0.01% |
127,614
+6,488
| +5% | +$185K |
|
|
LTRPA
2639
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $2.08M | ﹤0.01% |
1,157,653
-281,411
| -20% | -$1.41M |
|
2640
Liberty Energy
LBRT
$3.27B
| $2.08M | ﹤0.01% |
774,401
+110,411
| +17% | +$771K |
|
2641
Protagonist Therapeutics
PTGX
$9.46B
| $2.07M | ﹤0.01% |
293,596
+22,998
| +8% | +$172K |
|
2642
Ceco Environmental
CECO
$4.01B
| $2.06M | ﹤0.01% |
442,046
+17,453
| +4% | +$119K |
|
|
CSTR
2643
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $2.06M | ﹤0.01% |
208,543
+13,807
| +7% | +$190K |
|
2644
eGain
EGAN
$202M
| $2.06M | ﹤0.01% |
280,624
+17,738
| +7% | +$138K |
|
2645
Telecom Argentina
TEO
$5.94B
| $2.05M | ﹤0.01% |
223,660
+7,285
| +3% | +$79.5K |
|
|
PFBI
2646
DELISTED
Premier Financial Bancorp
PFBI
| $2.05M | ﹤0.01% |
165,283
+12,160
| +8% | +$188K |
|
|
GWPH
2647
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $2.05M | ﹤0.01% |
23,399
+692
| +3% | +$73.3K |
|
2648
Clear Channel Outdoor Holdings
CCO
$1.23B
| $2.05M | ﹤0.01% |
3,200,484
+188,981
| +6% | +$402K |
|
2649
Ambev
ABEV
$46.5B
| $2.04M | ﹤0.01% |
888,616
+77,550
| +10% | +$281K |
|
2650
Millicom
TIGO
$17.5B
| $2.04M | ﹤0.01% |
71,663
+12,299
| +21% | +$515K |
|
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.