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 | |
|---|---|---|---|---|---|---|
3001
Evolution Petroleum
EPM
$127M
| $1.01M | ﹤0.01% |
388,411
+21,555
| +6% | +$97.6K |
|
|
GLOG
3002
DELISTED
GASLOG LTD
GLOG
| $1.01M | ﹤0.01% |
279,807
-202,126
| -42% | -$1.23M |
|
|
SBBP
3003
DELISTED
Strongbridge Biopharma plc.
SBBP
| $1M | ﹤0.01% |
532,094
+135,490
| +34% | +$352K |
|
3004
EVI Industries
EVI
$180M
| $1M | ﹤0.01% |
63,652
+7,451
| +13% | +$168K |
|
3005
Revolve Group
RVLV
$1.75B
| $1M | ﹤0.01% |
116,261
+16,884
| +17% | +$268K |
|
|
PZN
3006
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $999K | ﹤0.01% |
224,159
+17,148
| +8% | +$121K |
|
|
AFMD
3007
DELISTED
Affimed
AFMD
| $998K | ﹤0.01% |
63,190
-2,918
| -4% | -$69.5K |
|
3008
Target Hospitality
TH
$1.59B
| $997K | ﹤0.01% |
501,409
+67,585
| +16% | +$284K |
|
|
FFNW
3009
DELISTED
First Financial Northwest, Inc
FFNW
| $994K | ﹤0.01% |
99,103
+5,250
| +6% | +$70.9K |
|
3010
Kornit Digital
KRNT
$772M
| $990K | ﹤0.01% |
39,815
+5,610
| +16% | +$210K |
|
3011
Concrete Pumping Holdings
BBCP
$488M
| $987K | ﹤0.01% |
345,228
+14,329
| +4% | +$69.3K |
|
|
EEX
3012
DELISTED
Emerald Holding
EEX
| $985K | ﹤0.01% |
380,437
+27,271
| +8% | +$215K |
|
|
AGS
3013
DELISTED
PlayAGS
AGS
| $984K | ﹤0.01% |
371,636
+20,606
| +6% | +$170K |
|
3014
Lakeland Industries
LAKE
$117M
| $984K | ﹤0.01% |
63,523
+25,296
| +66% | +$357K |
|
|
VTLE
3015
DELISTED
Vital Energy
VTLE
| $984K | ﹤0.01% |
129,767
+12,699
| +11% | +$368K |
|
|
MFNC
3016
DELISTED
Mackinac Financial Corporation
MFNC
| $980K | ﹤0.01% |
93,814
+7,721
| +9% | +$110K |
|
3017
Aspen Aerogels
ASPN
$571M
| $978K | ﹤0.01% |
159,348
+9,934
| +7% | +$80.6K |
|
|
PCTI
3018
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $974K | ﹤0.01% |
146,678
-67,059
| -31% | -$510K |
|
|
NE
3019
DELISTED
Noble Corporation
NE
| $974K | ﹤0.01% |
3,747,827
+417,941
| +13% | +$311K |
|
3020
BILL Holdings
BILL
$4.68B
| $965K | ﹤0.01% |
+28,218
| New | +$1.34M |
|
|
AIFU
3021
AIFU Inc
AIFU
$215M
| $964K | ﹤0.01% |
120
+22
| +22% | +$197K |
|
|
ISEE
3022
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $963K | ﹤0.01% |
280,173
+64,464
| +30% | +$377K |
|
3023
Century Casinos
CNTY
$33.5M
| $961K | ﹤0.01% |
399,051
+37,078
| +10% | +$241K |
|
3024
Ascent Industries
ACNT
$137M
| $954K | ﹤0.01% |
109,378
+10,697
| +11% | +$129K |
|
3025
Xeris Biopharma Holdings
XERS
$1.27B
| $953K | ﹤0.01% |
488,936
+134,474
| +38% | +$578K |
|
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.