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 | |
|---|---|---|---|---|---|---|
|
SBBX
2751
DELISTED
SB One Bancorp Common Stock
SBBX
| $1.69M | ﹤0.01% |
99,250
+14,694
| +17% | +$319K |
|
2752
Tiptree Inc
TIPT
$667M
| $1.68M | ﹤0.01% |
322,444
+8,781
| +3% | +$59.1K |
|
2753
Chemung Financial Corp
CHMG
$399M
| $1.68M | ﹤0.01% |
51,004
+2,325
| +5% | +$84.3K |
|
2754
AXT Inc
AXTI
$4.92B
| $1.68M | ﹤0.01% |
523,415
+30,549
| +6% | +$113K |
|
|
ESXB
2755
DELISTED
Community Bankers Trust Corporation
ESXB
| $1.68M | ﹤0.01% |
346,436
+23,939
| +7% | +$190K |
|
|
TACO
2756
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $1.68M | ﹤0.01% |
489,876
+19,797
| +4% | +$127K |
|
|
AT
2757
DELISTED
Atlantic Power Corporation
AT
| $1.68M | ﹤0.01% |
784,636
+110,095
| +16% | +$250K |
|
|
SCWX
2758
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $1.67M | ﹤0.01% |
145,274
-1,701
| -1% | -$24.2K |
|
|
SLCT
2759
DELISTED
Select Bancorp, Inc.
SLCT
| $1.67M | ﹤0.01% |
218,756
+11,727
| +6% | +$123K |
|
2760
Graham Corp
GHM
$1.23B
| $1.66M | ﹤0.01% |
128,451
+9,432
| +8% | +$164K |
|
2761
Lindblad Expeditions
LIND
$2.23B
| $1.66M | ﹤0.01% |
397,542
+17,411
| +5% | +$224K |
|
|
RBNC
2762
DELISTED
Reliant Bancorp, Inc. Common Stock
RBNC
| $1.66M | ﹤0.01% |
147,007
+39,523
| +37% | +$759K |
|
|
ANH
2763
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $1.66M | ﹤0.01% |
1,464,962
+1,421
| +0.1% | +$4.33K |
|
|
DO
2764
DELISTED
Diamond Offshore Drilling
DO
| $1.65M | ﹤0.01% |
902,871
+73,722
| +9% | +$301K |
|
2765
Shore Bancshares
SHBI
$805M
| $1.65M | ﹤0.01% |
152,222
+7,162
| +5% | +$105K |
|
|
MIME
2766
DELISTED
Mimecast Limited
MIME
| $1.65M | ﹤0.01% |
46,751
-1,932
| -4% | -$83.5K |
|
|
BPYU
2767
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $1.65M | ﹤0.01% |
194,281
+8,686
| +5% | +$141K |
|
2768
RPC Inc
RES
$1.31B
| $1.65M | ﹤0.01% |
799,139
+40,889
| +5% | +$151K |
|
2769
Equinor
EQNR
$93.7B
| $1.65M | ﹤0.01% |
135,131
-4,580
| -3% | -$74K |
|
|
PTVCB
2770
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $1.64M | ﹤0.01% |
119,593
+3,170
| +3% | +$47.2K |
|
2771
PCB Bancorp
PCB
$395M
| $1.64M | ﹤0.01% |
168,067
+9,838
| +6% | +$136K |
|
2772
MeiraGTx Holdings
MGTX
$1.18B
| $1.64M | ﹤0.01% |
122,125
+402
| +0.3% | +$6.79K |
|
2773
uniQure
QURE
$3.15B
| $1.64M | ﹤0.01% |
34,559
-2,928
| -8% | -$168K |
|
2774
OptimizeRx
OPRX
$126M
| $1.64M | ﹤0.01% |
180,573
+12,998
| +8% | +$123K |
|
|
PVLA
2775
Palvella Therapeutics
PVLA
$2.23B
| $1.64M | ﹤0.01% |
8,965
+1,141
| +15% | +$288K |
|
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.