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 | |
|---|---|---|---|---|---|---|
2726
Richmond Mutual Bancorp
RMBI
$255M
| $1.75M | ﹤0.01% |
171,514
+6,160
| +4% | +$84.5K |
|
2727
Transmedics
TMDX
$2.78B
| $1.75M | ﹤0.01% |
144,717
+21,486
| +17% | +$360K |
|
2728
Korro Bio
KRRO
$175M
| $1.74M | ﹤0.01% |
1,958
+533
| +37% | +$575K |
|
|
ETNB
2729
DELISTED
89bio
ETNB
| $1.74M | ﹤0.01% |
69,002
+12,969
| +23% | +$379K |
|
2730
Foster
FSTR
$438M
| $1.74M | ﹤0.01% |
140,668
+4,409
| +3% | +$71.9K |
|
2731
Gogo Inc
GOGO
$492M
| $1.74M | ﹤0.01% |
818,726
+27,969
| +4% | +$120K |
|
2732
Investar Holding Corp
ISTR
$415M
| $1.74M | ﹤0.01% |
135,883
+14,612
| +12% | +$297K |
|
|
MLVF
2733
DELISTED
Malvern Bancorp, Inc.
MLVF
| $1.74M | ﹤0.01% |
141,661
+6,306
| +5% | +$121K |
|
2734
Atlanta Braves Holdings Series A
BATRA
$3.37B
| $1.73M | ﹤0.01% |
88,780
+2,459
| +3% | +$63.4K |
|
2735
Hawthorn Bancshares
HWBK
$278M
| $1.73M | ﹤0.01% |
110,391
+2,207
| +2% | +$42.1K |
|
2736
VEON
VEON
$3.87B
| $1.73M | ﹤0.01% |
45,809
-15,408
| -25% | -$848K |
|
2737
NI Holdings
NODK
$318M
| $1.73M | ﹤0.01% |
127,318
+7,559
| +6% | +$110K |
|
2738
Oil States International
OIS
$501M
| $1.72M | ﹤0.01% |
848,171
+59,193
| +8% | +$543K |
|
2739
Regional Management Corp
RM
$305M
| $1.72M | ﹤0.01% |
125,960
-6,263
| -5% | -$154K |
|
2740
Parke Bancorp
PKBK
$402M
| $1.72M | ﹤0.01% |
127,403
+10,290
| +9% | +$195K |
|
2741
Colliers International
CIGI
$5.05B
| $1.71M | ﹤0.01% |
35,734
-2,495
| -7% | -$187K |
|
2742
Garrett Motion
GTX
$5.68B
| $1.71M | ﹤0.01% |
597,775
+22,944
| +4% | +$167K |
|
|
FNHC
2743
DELISTED
FedNat Holding Company Common Stock
FNHC
| $1.7M | ﹤0.01% |
148,378
+4,081
| +3% | +$57.1K |
|
2744
Dianthus Therapeutics
DNTH
$6.15B
| $1.7M | ﹤0.01% |
16,940
+775
| +5% | +$144K |
|
|
WMC
2745
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $1.7M | ﹤0.01% |
74,325
+5,362
| +8% | +$488K |
|
2746
C&F Financial
CFFI
$288M
| $1.7M | ﹤0.01% |
42,626
+4,073
| +11% | +$188K |
|
2747
Ovintiv
OVV
$16.6B
| $1.7M | ﹤0.01% |
+626,553
| New | +$8.23M |
|
2748
Riverview Bancorp
RVSB
$110M
| $1.7M | ﹤0.01% |
339,329
+20,913
| +7% | +$140K |
|
2749
Arq
ARQ
$90.6M
| $1.7M | ﹤0.01% |
258,303
+13,073
| +5% | +$127K |
|
2750
RELX
RELX
$62.4B
| $1.69M | ﹤0.01% |
78,897
+8,797
| +13% | +$214K |
|
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.