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 | |
|---|---|---|---|---|---|---|
3201
Rush Enterprises Class B
RUSHB
$6.16B
| $601K | ﹤0.01% |
44,343
-1,746
| -4% | -$31.2K |
|
|
VXRT
3202
DELISTED
Vaxart
VXRT
| $599K | ﹤0.01% |
338,442
+293,713
| +657% | +$374K |
|
3203
Alpha Metallurgical Resources
AMR
$1.85B
| $598K | ﹤0.01% |
254,504
+16,702
| +7% | +$95.7K |
|
3204
United Microelectronic
UMC
$48.4B
| $598K | ﹤0.01% |
252,978
-962,148
| -79% | -$2.43M |
|
3205
Kura Sushi USA
KRUS
$598M
| $597K | ﹤0.01% |
49,921
+8,694
| +21% | +$171K |
|
|
SIC
3206
DELISTED
Select Interior Concepts, Inc. Class A Common Stock
SIC
| $596K | ﹤0.01% |
288,006
+34,473
| +14% | +$237K |
|
3207
Crawford & Co Class B
CRD.B
$573M
| $589K | ﹤0.01% |
92,328
-917
| -1% | -$7.25K |
|
|
AIOT
3208
PowerFleet Inc
AIOT
$566M
| $588K | ﹤0.01% |
170,073
+40,922
| +32% | +$264K |
|
3209
Mayville Engineering Co
MEC
$650M
| $587K | ﹤0.01% |
95,828
+7,831
| +9% | +$58.8K |
|
3210
Tecnoglass Holdings Inc.
TGLS
$2.12B
| $585K | ﹤0.01% |
151,708
+2,323
| +2% | +$14.9K |
|
3211
Greene County Bancorp
GCBC
$594M
| $583K | ﹤0.01% |
49,946
+4,760
| +11% | +$65.4K |
|
|
ZIONW
3212
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $581K | ﹤0.01% |
1,770,367
-300,768
| -15% | -$3.01M |
|
3213
Genasys
GNSS
$78.8M
| $578K | ﹤0.01% |
176,950
+10,362
| +6% | +$33.1K |
|
3214
Asure Software
ASUR
$248M
| $575K | ﹤0.01% |
96,568
+7,390
| +8% | +$57.4K |
|
|
TLND
3215
DELISTED
Talend S.A. American Depositary Shares
TLND
| $569K | ﹤0.01% |
25,373
+965
| +4% | +$32.6K |
|
3216
Atlanticus Holdings
ATLC
$1.67B
| $567K | ﹤0.01% |
57,220
+1,818
| +3% | +$21.3K |
|
3217
Ring Energy
REI
$312M
| $565K | ﹤0.01% |
858,556
+45,537
| +6% | +$80.8K |
|
3218
Eagle Bancorp Montana
EBMT
$189M
| $564K | ﹤0.01% |
34,811
+20,537
| +144% | +$399K |
|
3219
Siebert Financial
SIEB
$65.9M
| $564K | ﹤0.01% |
78,122
+8,430
| +12% | +$67.6K |
|
|
XONE
3220
DELISTED
The ExOne Company
XONE
| $563K | ﹤0.01% |
88,126
-4,933
| -5% | -$32.5K |
|
3221
Energy Transfer Partners
ET
$70B
| $562K | ﹤0.01% |
122,253
-13,926
| -10% | -$148K |
|
|
NTGN
3222
DELISTED
Neon Therapeutics, Inc. Common Stock
NTGN
| $559K | ﹤0.01% |
212,119
+36,467
| +21% | +$59.8K |
|
|
CLSD
3223
DELISTED
Clearside Biomedical
CLSD
| $554K | ﹤0.01% |
21,746
+3,344
| +18% | +$124K |
|
|
GNC
3224
DELISTED
GNC Holdings, Inc.
GNC
| $549K | ﹤0.01% |
1,174,327
+62,839
| +6% | +$110K |
|
3225
First Guaranty Bancshares
FGBI
$155M
| $547K | ﹤0.01% |
41,764
+3,082
| +8% | +$51.3K |
|
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.