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 | |
|---|---|---|---|---|---|---|
|
VTIQW
3101
DELISTED
VectoIQ Acquisition Corp. Warrant
VTIQW
| $764K | ﹤0.01% |
398,890
-961,444
| -71% | -$1.43M |
|
|
AKRX
3102
DELISTED
Akorn Inc
AKRX
| $763K | ﹤0.01% |
1,360,932
-542,442
| -28% | -$629K |
|
|
BROGW
3103
DELISTED
Brooge Holdings Limited Warrant expiring 12/20/2024
BROGW
| $759K | ﹤0.01% |
960,497
+335,497
| +54% | +$304K |
|
|
UROV
3104
DELISTED
Urovant Sciences Ltd.
UROV
| $759K | ﹤0.01% |
82,371
+2,715
| +3% | +$32.7K |
|
3105
Tempest Therapeutics
TPST
$14.6M
| $756K | ﹤0.01% |
735
+217
| +42% | +$316K |
|
|
ELOX
3106
DELISTED
Eloxx Pharmaceuticals, Inc. Common Stock
ELOX
| $755K | ﹤0.01% |
9,632
+978
| +11% | +$159K |
|
3107
Rimini Street
RMNI
$456M
| $754K | ﹤0.01% |
184,534
+68,380
| +59% | +$304K |
|
3108
Silvercrest Asset Management
SAMG
$81.6M
| $753K | ﹤0.01% |
79,611
+3,440
| +5% | +$39.5K |
|
3109
LSI Industries
LYTS
$915M
| $751K | ﹤0.01% |
198,960
+12,881
| +7% | +$73.9K |
|
|
ASRT
3110
DELISTED
Assertio
ASRT
| $748K | ﹤0.01% |
19,196
+2,409
| +14% | +$153K |
|
3111
Barnes & Noble Education
BNED
$432M
| $748K | ﹤0.01% |
5,503
+258
| +5% | +$82.1K |
|
|
FONR
3112
DELISTED
Fonar
FONR
| $745K | ﹤0.01% |
51,011
+250
| +0.5% | +$4.62K |
|
|
SOLY
3113
DELISTED
Soliton, Inc.
SOLY
| $744K | ﹤0.01% |
91,946
+5,570
| +6% | +$62.8K |
|
3114
Duluth Holdings
DLTH
$160M
| $742K | ﹤0.01% |
185,200
-1,741
| -0.9% | -$13K |
|
|
EMWP
3115
DELISTED
Eros Media World PLC
EMWP
| $739K | ﹤0.01% |
22,399
+3,037
| +16% | +$167K |
|
|
CFMS
3116
DELISTED
Conformis, Inc. Common Stock
CFMS
| $738K | ﹤0.01% |
46,878
-12,769
| -21% | -$312K |
|
3117
AstroNova
ALOT
$226M
| $737K | ﹤0.01% |
95,069
+7,662
| +9% | +$88.4K |
|
3118
Stereotaxis
STXS
$136M
| $737K | ﹤0.01% |
244,109
+32,925
| +16% | +$136K |
|
3119
Stantec
STN
$8.32B
| $736K | ﹤0.01% |
28,794
+7,909
| +38% | +$228K |
|
|
DOO
3120
Bombardier Recreational Products
DOO
$4.68B
| $734K | ﹤0.01% |
45,110
-61,756
| -58% | -$2.53M |
|
3121
Rayonier Advanced Materials
RYAM
$631M
| $729K | ﹤0.01% |
688,349
+47,735
| +7% | +$124K |
|
|
INWK
3122
DELISTED
InnerWorkings, Inc.
INWK
| $728K | ﹤0.01% |
622,265
+6,728
| +1% | +$24K |
|
|
GSB
3123
DELISTED
GlobalSCAPE, Inc.
GSB
| $727K | ﹤0.01% |
102,256
-35,403
| -26% | -$324K |
|
3124
LiveOne
LVO
$60.5M
| $725K | ﹤0.01% |
45,924
+7,209
| +19% | +$104K |
|
|
FLNT
3125
Fluent
FLNT
$114M
| $723K | ﹤0.01% |
103,025
+6,543
| +7% | +$89.4K |
|
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.