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 | |
|---|---|---|---|---|---|---|
2851
Vitamin Cottage Natural Grocers
NGVC
$748M
| $1.4M | ﹤0.01% |
164,184
-14,991
| -8% | -$129K |
|
|
EVBN
2852
DELISTED
Evans Bancorp Inc
EVBN
| $1.4M | ﹤0.01% |
57,456
+6,103
| +12% | +$216K |
|
2853
Crawford & Co Class A
CRD.A
$625M
| $1.39M | ﹤0.01% |
193,447
+7,136
| +4% | +$61.4K |
|
2854
Aurinia Pharmaceuticals
AUPH
$2.07B
| $1.39M | ﹤0.01% |
95,963
+19,401
| +25% | +$342K |
|
2855
Lineage Cell Therapeutics
LCTX
$282M
| $1.39M | ﹤0.01% |
1,677,519
+108,792
| +7% | +$108K |
|
2856
Peoples Bancorp of North Carolina
PEBK
$229M
| $1.39M | ﹤0.01% |
68,211
+4,439
| +7% | +$119K |
|
|
ZEUS
2857
DELISTED
Olympic Steel
ZEUS
| $1.39M | ﹤0.01% |
134,182
-44,764
| -25% | -$601K |
|
2858
SSR Mining
SSRM
$5.87B
| $1.39M | ﹤0.01% |
121,816
+9,703
| +9% | +$160K |
|
2859
IDT Corp
IDT
$1.65B
| $1.39M | ﹤0.01% |
255,560
-3,325
| -1% | -$23.8K |
|
2860
Evolus
EOLS
$488M
| $1.38M | ﹤0.01% |
332,163
+40,000
| +14% | +$339K |
|
|
EXPR
2861
DELISTED
Express, Inc.
EXPR
| $1.38M | ﹤0.01% |
46,272
+345
| +0.8% | +$25.3K |
|
2862
Unity Bancorp
UNTY
$603M
| $1.38M | ﹤0.01% |
117,725
+6,319
| +6% | +$118K |
|
2863
Eastern Company
EML
$151M
| $1.38M | ﹤0.01% |
70,575
+1,381
| +2% | +$36.6K |
|
|
LKFT
2864
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.71B
| $1.37M | ﹤0.01% |
6,991
-4,974
| -42% | -$1.07M |
|
|
GCAP
2865
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $1.37M | ﹤0.01% |
245,342
-45,798
| -16% | -$205K |
|
|
ORAN
2866
DELISTED
Orange
ORAN
| $1.36M | ﹤0.01% |
+112,900
| New | +$1.53M |
|
2867
Talphera
TLPH
$74.2M
| $1.36M | ﹤0.01% |
57,670
+3,136
| +6% | +$95.7K |
|
|
MMAC
2868
DELISTED
MMA Capital Holdings, Inc. Common Stock
MMAC
| $1.36M | ﹤0.01% |
54,852
+2,158
| +4% | +$64.2K |
|
|
HOME
2869
DELISTED
At Home Group Inc.
HOME
| $1.36M | ﹤0.01% |
671,606
+48,642
| +8% | +$239K |
|
2870
Tower Semiconductor
TSEM
$25.4B
| $1.35M | ﹤0.01% |
84,758
+5,092
| +6% | +$106K |
|
2871
South Plains Financial
SPFI
$849M
| $1.35M | ﹤0.01% |
87,005
+10,232
| +13% | +$196K |
|
|
TELL
2872
DELISTED
Tellurian Inc.
TELL
| $1.34M | ﹤0.01% |
1,487,433
+82,770
| +6% | +$394K |
|
2873
Tilly's
TLYS
$126M
| $1.34M | ﹤0.01% |
325,176
+22,095
| +7% | +$162K |
|
2874
HDFC Bank
HDB
$122B
| $1.34M | ﹤0.01% |
69,722
-4,240
| -6% | -$114K |
|
2875
Lexicon Pharmaceuticals
LXRX
$1.05B
| $1.34M | ﹤0.01% |
686,302
+16,165
| +2% | +$48.1K |
|
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.