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 | |
|---|---|---|---|---|---|---|
|
RYZ
2901
Ryerson Holding Corp
RYZ
$1.4B
| $1.26M | ﹤0.01% |
236,377
-81,192
| -26% | -$716K |
|
2902
Spero Therapeutics
SPRO
$73.5M
| $1.25M | ﹤0.01% |
155,224
+35,772
| +30% | +$315K |
|
|
VIA
2903
DELISTED
Via Renewables, Inc. Class A Common Stock
VIA
| $1.25M | ﹤0.01% |
40,026
-6,730
| -14% | -$295K |
|
2904
Sprout Social
SPT
$492M
| $1.25M | ﹤0.01% |
+78,326
| New | +$1.43M |
|
|
DS
2905
DELISTED
Drive Shack Inc.
DS
| $1.25M | ﹤0.01% |
819,851
+87,533
| +12% | +$260K |
|
|
AAIC
2906
DELISTED
Arlington Asset Investment Corp.
AAIC
| $1.24M | ﹤0.01% |
566,343
+36,010
| +7% | +$182K |
|
|
GPX
2907
DELISTED
GP Strategies Corp.
GPX
| $1.24M | ﹤0.01% |
190,047
+10,886
| +6% | +$127K |
|
2908
Ranpak Holdings
PACK
$466M
| $1.23M | ﹤0.01% |
195,842
+59,423
| +44% | +$455K |
|
|
PLYM
2909
DELISTED
Plymouth Industrial REIT
PLYM
| $1.22M | ﹤0.01% |
109,707
+11,100
| +11% | +$190K |
|
|
XXII
2910
22nd Century Group
XXII
$1.49M
| – | – |
0
| – | – |
|
|
FPRX
2911
DELISTED
Five Prime Therapeutics, Inc.
FPRX
| $1.22M | ﹤0.01% |
538,789
+22,965
| +4% | +$97.5K |
|
2912
Radware
RDWR
$1.17B
| $1.22M | ﹤0.01% |
58,024
+1,304
| +2% | +$30.7K |
|
2913
Sutro Biopharma
STRO
$400M
| $1.22M | ﹤0.01% |
11,945
+2,323
| +24% | +$244K |
|
|
PTN
2914
Palatin Technologies
PTN
$14M
| $1.22M | ﹤0.01% |
2,298
+115
| +5% | +$84.5K |
|
|
XOMA
2915
DELISTED
Xoma
XOMA
| $1.21M | ﹤0.01% |
59,550
-3,838
| -6% | -$88.6K |
|
|
SIEN
2916
DELISTED
Sientra, Inc.
SIEN
| $1.21M | ﹤0.01% |
60,733
+4,561
| +8% | +$238K |
|
2917
Arcturus Therapeutics
ARCT
$173M
| $1.2M | ﹤0.01% |
88,487
+3,992
| +5% | +$51.1K |
|
2918
BeyondSpring
BYSI
$35.8M
| $1.2M | ﹤0.01% |
93,721
+11,388
| +14% | +$175K |
|
|
ONDK
2919
DELISTED
On Deck Capital, Inc.
ONDK
| $1.2M | ﹤0.01% |
779,275
-98,487
| -11% | -$321K |
|
|
AHT
2920
Ashford Hospitality Trust
AHT
$21M
| $1.2M | ﹤0.01% |
1,620
+51
| +3% | +$106K |
|
|
GFN
2921
DELISTED
General Finance Corporation
GFN
| $1.2M | ﹤0.01% |
191,893
-798
| -0.4% | -$7.16K |
|
|
TLRD
2922
DELISTED
Tailored Brands, Inc.
TLRD
| $1.2M | ﹤0.01% |
687,414
+43,291
| +7% | +$146K |
|
2923
Enterprise Products Partners
EPD
$82.3B
| $1.19M | ﹤0.01% |
83,432
-13,529
| -14% | -$314K |
|
2924
KORU Medical Systems
KRMD
$164M
| $1.19M | ﹤0.01% |
158,905
+45,984
| +41% | +$309K |
|
2925
iShares Core S&P 500 ETF
IVV
$897B
| – | – |
0
| – | – |
|
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.