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 | |
|---|---|---|---|---|---|---|
3151
STMicroelectronics
STM
$48B
| $674K | ﹤0.01% |
31,548
+12,875
| +69% | +$339K |
|
|
CRC
3152
DELISTED
California Resources Corporation
CRC
| $672K | ﹤0.01% |
672,679
+50,996
| +8% | +$315K |
|
3153
Commercial Vehicle Group
CVGI
$152M
| $668K | ﹤0.01% |
442,858
+34,640
| +8% | +$151K |
|
3154
Flotek Industries
FTK
$1.27B
| $668K | ﹤0.01% |
125,266
+8,144
| +7% | +$73.8K |
|
|
GEN
3155
DELISTED
Genesis Healthcare, Inc.
GEN
| $667K | ﹤0.01% |
792,566
+104,269
| +15% | +$149K |
|
|
I
3156
DELISTED
INTELSAT S. A.
I
| $664K | ﹤0.01% |
434,224
+62,397
| +17% | +$261K |
|
3157
Orion Group Holdings
ORN
$419M
| $662K | ﹤0.01% |
254,680
-7,381
| -3% | -$29.5K |
|
|
IVAC
3158
DELISTED
Intevac Inc
IVAC
| $660K | ﹤0.01% |
161,456
+13,650
| +9% | +$81.8K |
|
3159
Alerus Financial
ALRS
$840M
| $658K | ﹤0.01% |
39,871
+7,753
| +24% | +$155K |
|
3160
Avalo Therapeutics
AVTX
$1.02B
| $658K | ﹤0.01% |
92
+8
| +10% | +$84.6K |
|
|
XOG
3161
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $658K | ﹤0.01% |
1,559,425
+280,221
| +22% | +$315K |
|
3162
Escalade
ESCA
$310M
| $655K | ﹤0.01% |
110,153
+10,285
| +10% | +$84.4K |
|
3163
Philips
PHG
$26B
| $655K | ﹤0.01% |
20,541
-131
| -0.6% | -$4.63K |
|
3164
Fortress Biotech
FBIO
$90.7M
| $654K | ﹤0.01% |
23,078
-222
| -1% | -$7.37K |
|
|
ALSK
3165
DELISTED
Alaska Communications Systems
ALSK
| $652K | ﹤0.01% |
374,956
| – | – |
|
|
BXG
3166
DELISTED
Bluegreen Vacations Corporation Common Stock
BXG
| $652K | ﹤0.01% |
112,927
+7,856
| +7% | +$63.1K |
|
|
GBL
3167
DELISTED
GAMCO Investors, Inc.
GBL
| $651K | ﹤0.01% |
59,318
+1,945
| +3% | +$31.2K |
|
|
RVLP
3168
DELISTED
RVL Pharmaceuticals plc Ordinary Shares
RVLP
| $648K | ﹤0.01% |
203,984
+66,058
| +48% | +$352K |
|
|
CBL
3169
DELISTED
CBL& Associates Properties, Inc.
CBL
| $648K | ﹤0.01% |
3,239,584
+269,865
| +9% | +$183K |
|
3170
Matinas BioPharma
MTNB
$1.67M
| $647K | ﹤0.01% |
21,588
+4,212
| +24% | +$254K |
|
|
MUDSW
3171
DELISTED
Mudrick Capital Acquisition Corporation Warrant
MUDSW
| $647K | ﹤0.01% |
1,849,664
+750,664
| +68% | +$487K |
|
3172
Sea Limited
SE
$68.8B
| $646K | ﹤0.01% |
+14,613
| New | +$655K |
|
3173
BlueLinx
BXC
$649M
| $644K | ﹤0.01% |
130,262
+7,039
| +6% | +$79.1K |
|
|
ROCC
3174
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $644K | ﹤0.01% |
208,427
+416
| +0.2% | +$6.92K |
|
3175
Beyond Air
XAIR
$4.18M
| $638K | ﹤0.01% |
200
+119
| +147% | +$309K |
|
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.