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 | |
|---|---|---|---|---|---|---|
|
PVBC
2876
DELISTED
Provident Bancorp
PVBC
| $1.34M | ﹤0.01% |
155,113
+5,086
| +3% | +$56.2K |
|
|
IIN
2877
DELISTED
IntriCon Corporation
IIN
| $1.34M | ﹤0.01% |
113,635
+9,997
| +10% | +$157K |
|
2878
Vera Bradley
VRA
$96.1M
| $1.33M | ﹤0.01% |
323,548
-25,087
| -7% | -$213K |
|
2879
Willis Lease Finance
WLFC
$1.35B
| $1.33M | ﹤0.01% |
150,177
+6,279
| +4% | +$104K |
|
2880
Geospace Technologies
GEOS
$88.2M
| $1.33M | ﹤0.01% |
207,294
+10,658
| +5% | +$127K |
|
|
LJPC
2881
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $1.32M | ﹤0.01% |
315,278
-34,983
| -10% | -$221K |
|
|
CMRX
2882
DELISTED
Chimerix, Inc.
CMRX
| $1.32M | ﹤0.01% |
916,517
+25,496
| +3% | +$44.6K |
|
2883
Ohio Valley Banc Corp
OVBC
$206M
| $1.31M | ﹤0.01% |
43,842
+1,411
| +3% | +$45.9K |
|
2884
Mirum Pharmaceuticals
MIRM
$5.74B
| $1.31M | ﹤0.01% |
93,358
+34,790
| +59% | +$571K |
|
|
STR
2885
DELISTED
Sitio Royalties
STR
| $1.31M | ﹤0.01% |
151,930
+27,001
| +22% | +$486K |
|
|
LUNA
2886
DELISTED
Luna Innovations Incorporated
LUNA
| $1.31M | ﹤0.01% |
212,379
+16,972
| +9% | +$126K |
|
2887
First Northwest Bancorp
FNWB
$105M
| $1.3M | ﹤0.01% |
119,956
+6,957
| +6% | +$107K |
|
|
FARM
2888
DELISTED
Farmer Brothers
FARM
| $1.3M | ﹤0.01% |
187,036
+8,313
| +5% | +$96.6K |
|
|
AC
2889
DELISTED
Associated Capital Group
AC
| $1.3M | ﹤0.01% |
42,675
+3,931
| +10% | +$157K |
|
2890
Stratus Properties
STRS
$158M
| $1.29M | ﹤0.01% |
73,233
+3,643
| +5% | +$99.5K |
|
|
DNR
2891
DELISTED
Denbury Resources, Inc.
DNR
| $1.29M | ﹤0.01% |
7,003,783
+495,554
| +8% | +$415K |
|
|
RJET
2892
Republic Airways Holdings
RJET
$996M
| $1.29M | ﹤0.01% |
26,136
+2,550
| +11% | +$261K |
|
2893
Beam Therapeutics
BEAM
$2.81B
| $1.29M | ﹤0.01% |
+71,566
| New | +$1.56M |
|
2894
CorMedix
CRMD
$589M
| $1.28M | ﹤0.01% |
356,706
+47,107
| +15% | +$266K |
|
|
ZAGG
2895
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $1.27M | ﹤0.01% |
410,002
+26,972
| +7% | +$176K |
|
|
YARW
2896
Yarrow Bioscience, Inc. Common Stock
YARW
$111M
| $1.27M | ﹤0.01% |
131
+95
| +264% | +$1.49M |
|
2897
Veru
VERU
$37.1M
| $1.27M | ﹤0.01% |
38,757
+2,159
| +6% | +$81.1K |
|
2898
OP Bancorp
OPBK
$233M
| $1.26M | ﹤0.01% |
169,376
+19,223
| +13% | +$175K |
|
|
BBL
2899
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $1.26M | ﹤0.01% |
41,687
+2,347
| +6% | +$92.5K |
|
|
MITT
2900
TPG Mortgage Investment Trust
MITT
$222M
| $1.26M | ﹤0.01% |
153,000
+2,666
| +2% | +$107K |
|
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.