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 | |
|---|---|---|---|---|---|---|
2926
Pulse Biosciences
PLSE
$2.65B
| $1.19M | ﹤0.01% |
165,711
+10,518
| +7% | +$109K |
|
|
HUD
2927
DELISTED
Hudson Ltd. Class A Common Shares
HUD
| $1.18M | ﹤0.01% |
235,775
+24,620
| +12% | +$244K |
|
2928
SEACOR Marine Holdings
SMHI
$256M
| $1.18M | ﹤0.01% |
269,573
+6,537
| +2% | +$57.5K |
|
|
CBIO
2929
Crescent Biopharma
CBIO
$610M
| $1.18M | ﹤0.01% |
5,174
+270
| +6% | +$103K |
|
|
NESR
2930
National Energy Services Reunited Corp
NESR
$2.91B
| $1.18M | ﹤0.01% |
231,461
+81,190
| +54% | +$590K |
|
|
JNCE
2931
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $1.18M | ﹤0.01% |
247,528
-12,432
| -5% | -$71.6K |
|
2932
Comstock Resources
CRK
$3.88B
| $1.17M | ﹤0.01% |
217,242
+586
| +0.3% | +$3.49K |
|
2933
Funko
FNKO
$295M
| $1.17M | ﹤0.01% |
292,799
+44,436
| +18% | +$453K |
|
2934
RB Global
RBA
$17.2B
| $1.17M | ﹤0.01% |
32,611
+8,045
| +33% | +$321K |
|
|
CONN
2935
DELISTED
Conn's Inc.
CONN
| $1.16M | ﹤0.01% |
278,021
+12,881
| +5% | +$105K |
|
|
CURO
2936
DELISTED
CURO Group Holdings Corp.
CURO
| $1.16M | ﹤0.01% |
219,480
-1,149
| -0.5% | -$11K |
|
|
ECOLW
2937
DELISTED
US Ecology, Inc. Warrant
ECOLW
| $1.16M | ﹤0.01% |
271,192
-477,883
| -64% | -$3.84M |
|
2938
Union Bankshares
UNB
$109M
| $1.15M | ﹤0.01% |
51,203
+1,675
| +3% | +$51.1K |
|
|
HARP
2939
DELISTED
Harpoon Therapeutics, Inc. Common Stock
HARP
| $1.15M | ﹤0.01% |
9,953
+1,210
| +14% | +$170K |
|
2940
Maui Land & Pineapple Co
MLP
$336M
| $1.15M | ﹤0.01% |
105,395
+6,245
| +6% | +$69.5K |
|
|
NPKI
2941
NPK International
NPKI
$1.15B
| $1.15M | ﹤0.01% |
1,283,636
+71,233
| +6% | +$267K |
|
|
LEVL
2942
DELISTED
Level One Bancorp, Inc. Common Stock
LEVL
| $1.15M | ﹤0.01% |
63,957
+3,354
| +6% | +$78K |
|
2943
Gencor Industries
GENC
$212M
| $1.15M | ﹤0.01% |
109,363
+3,391
| +3% | +$36.8K |
|
|
ZYNE
2944
DELISTED
Zynerba Pharmaceuticals, Inc
ZYNE
| $1.15M | ﹤0.01% |
299,414
+19,915
| +7% | +$92.5K |
|
|
PMBC
2945
DELISTED
Pacific Mercantile Bancorp
PMBC
| $1.14M | ﹤0.01% |
242,807
+16,740
| +7% | +$108K |
|
2946
Esquire Financial Holdings
ESQ
$1.14B
| $1.14M | ﹤0.01% |
75,929
+2,409
| +3% | +$52.8K |
|
2947
First Community Corp
FCCO
$322M
| $1.14M | ﹤0.01% |
72,527
+1,853
| +3% | +$35.3K |
|
2948
Lands' End
LE
$397M
| $1.14M | ﹤0.01% |
212,981
-3,618
| -2% | -$38.8K |
|
|
CMLS
2949
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $1.14M | ﹤0.01% |
209,704
-757
| -0.4% | -$9.07K |
|
|
PROS
2950
DELISTED
ProSight Global, Inc.
PROS
| $1.14M | ﹤0.01% |
116,415
+5,648
| +5% | +$77.9K |
|
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.