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 | |
|---|---|---|---|---|---|---|
2701
Nomad Foods
NOMD
$1.65B
| $1.84M | ﹤0.01% |
99,006
+8,313
| +9% | +$162K |
|
|
SLCA
2702
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $1.83M | ﹤0.01% |
1,016,750
+68,499
| +7% | +$292K |
|
2703
Rockwell Medical
RMTI
$28.3M
| $1.82M | ﹤0.01% |
8,091
+809
| +11% | +$231K |
|
2704
Talos Energy
TALO
$2.35B
| $1.82M | ﹤0.01% |
317,216
+44,152
| +16% | +$785K |
|
2705
CRISPR Therapeutics
CRSP
$4.99B
| $1.82M | ﹤0.01% |
42,950
+3,716
| +9% | +$192K |
|
2706
Timberland Bancorp
TSBK
$355M
| $1.82M | ﹤0.01% |
99,322
+6,528
| +7% | +$163K |
|
2707
Replimune Group
REPL
$1.08B
| $1.81M | ﹤0.01% |
181,843
+16,507
| +10% | +$246K |
|
2708
Costamare
CMRE
$1.8B
| $1.81M | ﹤0.01% |
400,657
-16,910
| -4% | -$121K |
|
|
PRTK
2709
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $1.81M | ﹤0.01% |
573,398
+98,169
| +21% | +$362K |
|
|
CHMA
2710
DELISTED
Chiasma, Inc. Common Stock
CHMA
| $1.8M | ﹤0.01% |
494,618
+45,637
| +10% | +$202K |
|
|
BRY
2711
DELISTED
Berry Corp
BRY
| $1.8M | ﹤0.01% |
748,397
+60,557
| +9% | +$372K |
|
2712
Metallus
MTUS
$888M
| $1.8M | ﹤0.01% |
558,011
-15,298
| -3% | -$85.6K |
|
2713
Arcutis Biotherapeutics
ARQT
$3.31B
| $1.8M | ﹤0.01% |
+60,380
| New | +$1.62M |
|
|
ITI
2714
DELISTED
Iteris, Inc.
ITI
| $1.8M | ﹤0.01% |
561,261
+44,517
| +9% | +$208K |
|
2715
Caesarstone
CSTE
$76.1M
| $1.79M | ﹤0.01% |
169,896
-22,626
| -12% | -$276K |
|
2716
Genie Energy
GNE
$389M
| $1.78M | ﹤0.01% |
247,827
+15,802
| +7% | +$114K |
|
2717
McEwen Inc
MUX
$1.09B
| $1.78M | ﹤0.01% |
268,920
+23,148
| +9% | +$239K |
|
|
MRLN
2718
DELISTED
Marlin Business Services Corp
MRLN
| $1.77M | ﹤0.01% |
159,036
+3,424
| +2% | +$61.2K |
|
|
SNCR
2719
DELISTED
Synchronoss Technologies
SNCR
| $1.77M | ﹤0.01% |
64,647
+4,724
| +8% | +$208K |
|
|
WOW
2720
DELISTED
WideOpenWest
WOW
| $1.77M | ﹤0.01% |
372,529
+14,198
| +4% | +$86.1K |
|
2721
Alico
ALCO
$284M
| $1.76M | ﹤0.01% |
56,859
+8,456
| +17% | +$286K |
|
2722
Consolidated Water Co
CWCO
$479M
| $1.76M | ﹤0.01% |
107,494
-255
| -0.2% | -$4.25K |
|
|
STSA
2723
DELISTED
Satsuma Pharmaceuticals, Inc. Common Stock
STSA
| $1.76M | ﹤0.01% |
81,892
+17,389
| +27% | +$395K |
|
|
EGLE
2724
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $1.76M | ﹤0.01% |
136,085
+6,908
| +5% | +$154K |
|
|
MORF
2725
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $1.75M | ﹤0.01% |
119,495
+44,666
| +60% | +$749K |
|
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.