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 | |
|---|---|---|---|---|---|---|
3276
SK Telecom
SKM
$13.4B
| $457K | ﹤0.01% |
17,051
+8,137
| +91% | +$270K |
|
3277
Acme United Corp
ACU
$211M
| $456K | ﹤0.01% |
22,544
| – | – |
|
3278
Alamos Gold
AGI
$13.1B
| $455K | ﹤0.01% |
92,835
+32,493
| +54% | +$191K |
|
3279
Freedom Holding
FRHC
$9.52B
| $453K | ﹤0.01% |
+31,985
| New | +$481K |
|
3280
Tilray
TLRY
$602M
| $453K | ﹤0.01% |
6,585
+1,541
| +31% | +$215K |
|
|
IGICW
3281
DELISTED
International General Insurance Holdings Ltd. Warrants expiring 03/17/2025
IGICW
| $453K | ﹤0.01% |
+1,073,700
| New | +$517K |
|
3282
Mitsubishi UFJ Financial
MUFG
$253B
| $449K | ﹤0.01% |
122,822
-23,586
| -16% | -$112K |
|
3283
Honda
HMC
$39.7B
| $447K | ﹤0.01% |
19,943
-12,434
| -38% | -$318K |
|
|
APTX
3284
DELISTED
Aptinyx Inc. Common Stock
APTX
| $446K | ﹤0.01% |
206,845
+128,583
| +164% | +$421K |
|
3285
Star Bulk Carriers
SBLK
$3.12B
| $445K | ﹤0.01% |
79,046
+519
| +0.7% | +$4.35K |
|
3286
AudioCodes
AUDC
$251M
| $444K | ﹤0.01% |
18,655
-6,330
| -25% | -$147K |
|
|
QIWI
3287
DELISTED
QIWI PLC
QIWI
| $444K | ﹤0.01% |
41,530
+7,024
| +20% | +$120K |
|
|
MMP
3288
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $442K | ﹤0.01% |
12,115
-1,097
| -8% | -$58.9K |
|
|
ALR
3289
DELISTED
AlerisLife Inc
ALR
| $441K | ﹤0.01% |
158,884
+130,004
| +450% | +$547K |
|
|
ATXS
3290
DELISTED
Astria Therapeutics
ATXS
| $439K | ﹤0.01% |
17,631
+4,207
| +31% | +$130K |
|
3291
Bridgford Foods
BRID
$56.5M
| $439K | ﹤0.01% |
19,036
+3,694
| +24% | +$77.7K |
|
|
NH
3292
DELISTED
NantHealth, Inc
NH
| $439K | ﹤0.01% |
18,409
-1,984
| -10% | -$47.5K |
|
|
EMKR
3293
DELISTED
Emcore Corp
EMKR
| $435K | ﹤0.01% |
19,427
+668
| +4% | +$19.7K |
|
|
BRFS
3294
DELISTED
BRF SA
BRFS
| $432K | ﹤0.01% |
149,378
+28,416
| +23% | +$179K |
|
3295
Research Frontiers
REFR
$16.3M
| $431K | ﹤0.01% |
184,611
+5,957
| +3% | +$19.1K |
|
3296
TFI International
TFII
$11.5B
| $431K | ﹤0.01% |
+19,589
| New | +$529K |
|
3297
iShares 20+ Year Treasury Bond ETF
TLT
$41.8B
| – | – |
0
| – | – |
|
3298
ICICI Bank
IBN
$109B
| $429K | ﹤0.01% |
50,564
-16,873
| -25% | -$223K |
|
|
AGTC
3299
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $428K | ﹤0.01% |
130,611
+43,678
| +50% | +$230K |
|
3300
Chunghwa Telecom
CHT
$32.6B
| $424K | ﹤0.01% |
11,944
-8,345
| -41% | -$301K |
|
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.