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 | |
|---|---|---|---|---|---|---|
2801
National Grid
NGG
$80.8B
| $1.53M | ﹤0.01% |
29,705
+1,282
| +5% | +$70.8K |
|
|
BELFB
2802
Bel Fuse Inc Class B
BELFB
$4.18B
| $1.53M | ﹤0.01% |
156,869
+6,548
| +4% | +$95.3K |
|
2803
Genco Shipping & Trading
GNK
$1.1B
| $1.53M | ﹤0.01% |
237,865
+17,165
| +8% | +$131K |
|
|
OTRK
2804
DELISTED
Ontrak
OTRK
| $1.52M | ﹤0.01% |
1,113
-191
| -15% | -$266K |
|
|
FRBK
2805
DELISTED
Republic First Bancorp Inc
FRBK
| $1.52M | ﹤0.01% |
695,707
+53,408
| +8% | +$169K |
|
|
ARA
2806
DELISTED
American Renal Associates Holdings, Inc
ARA
| $1.52M | ﹤0.01% |
230,262
+3,075
| +1% | +$26.8K |
|
2807
Chord Energy
CHRD
$7.46B
| $1.52M | ﹤0.01% |
4,347,313
+494,556
| +13% | +$907K |
|
2808
Acacia Research
ACTG
$451M
| $1.5M | ﹤0.01% |
678,290
+67,449
| +11% | +$165K |
|
2809
XPEL
XPEL
$1.31B
| $1.5M | ﹤0.01% |
150,190
-18,826
| -11% | -$256K |
|
|
RAPT
2810
DELISTED
RAPT Therapeutics
RAPT
| $1.5M | ﹤0.01% |
8,819
+5,121
| +138% | +$1.17M |
|
2811
Gaia
GAIA
$48.1M
| $1.5M | ﹤0.01% |
168,544
-6,838
| -4% | -$55.7K |
|
2812
First Business Financial Services
FBIZ
$603M
| $1.5M | ﹤0.01% |
96,466
+2,180
| +2% | +$49.8K |
|
2813
Apyx Medical
APYX
$175M
| $1.49M | ﹤0.01% |
415,513
+19,843
| +5% | +$133K |
|
2814
Spyre Therapeutics
SYRE
$9.12B
| $1.49M | ﹤0.01% |
12,763
+236
| +2% | +$40.1K |
|
2815
Liquidity Services
LQDT
$1.31B
| $1.49M | ﹤0.01% |
382,841
+25,827
| +7% | +$123K |
|
2816
NACCO Industries
NC
$323M
| $1.48M | ﹤0.01% |
53,060
+2,944
| +6% | +$121K |
|
2817
First Bank
FRBA
$458M
| $1.48M | ﹤0.01% |
213,665
+21,774
| +11% | +$211K |
|
2818
Bristow Group
VTOL
$1.33B
| $1.48M | ﹤0.01% |
139,082
+19,725
| +17% | +$349K |
|
|
TCRR
2819
DELISTED
TCR2 Therapeutics Inc. Common Stock
TCRR
| $1.48M | ﹤0.01% |
191,504
+15,785
| +9% | +$193K |
|
|
GSKY
2820
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $1.47M | ﹤0.01% |
385,887
+34,505
| +10% | +$256K |
|
|
DEACW
2821
DELISTED
Diamond Eagle Acquisition Corp. Warrant
DEACW
| $1.47M | ﹤0.01% |
515,849
-84,151
| -14% | -$356K |
|
|
KALV
2822
DELISTED
KalVista Pharmaceuticals
KALV
| $1.47M | ﹤0.01% |
191,669
+27,763
| +17% | +$375K |
|
2823
Pioneer Bancorp
PBFS
$433M
| $1.46M | ﹤0.01% |
140,971
+2,986
| +2% | +$40.6K |
|
|
RDS.B
2824
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $1.46M | ﹤0.01% |
44,786
-27,459
| -38% | -$1.29M |
|
2825
Flexsteel Industries
FLXS
$313M
| $1.46M | ﹤0.01% |
132,853
+3,415
| +3% | +$53.2K |
|
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.