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 | |
|---|---|---|---|---|---|---|
3301
Valhi
VHI
$388M
| $420K | ﹤0.01% |
33,984
+3,548
| +12% | +$61.5K |
|
|
DMYT.U
3302
DELISTED
dMY Technology Group, Inc. Units, each consisting of one share of Class A Common Stock and one-half
DMYT.U
| $416K | ﹤0.01% |
+43,871
| New | +$439K |
|
3303
Adams Diversified Equity Fund
ADX
$3.17B
| $415K | ﹤0.01% |
32,973
-118,372
| -78% | -$1.76M |
|
|
GOGL
3304
DELISTED
Golden Ocean Group
GOGL
| $414K | ﹤0.01% |
132,502
+13,777
| +12% | +$58.1K |
|
|
GV
3305
DELISTED
Goldfield Corporation
GV
| $414K | ﹤0.01% |
145,817
| – | – |
|
|
CARM
3306
DELISTED
Carisma Therapeutics
CARM
| $413K | ﹤0.01% |
36,841
+685
| +2% | +$11.2K |
|
3307
SB Financial Group
SBFG
$166M
| $408K | ﹤0.01% |
38,558
+23,607
| +158% | +$391K |
|
3308
Kodak
KODK
$965M
| $406K | ﹤0.01% |
234,995
-25,728
| -10% | -$77.3K |
|
3309
Safe Bulkers
SB
$778M
| $406K | ﹤0.01% |
341,279
-36,840
| -10% | -$49.5K |
|
3310
Vermilion Energy
VET
$1.61B
| $404K | ﹤0.01% |
99,405
-12,623
| -11% | -$141K |
|
|
DM
3311
DELISTED
Desktop Metal, Inc.
DM
| $403K | ﹤0.01% |
4,099
-14,179
| -78% | -$1.42M |
|
3312
SandRidge Energy
SD
$487M
| $402K | ﹤0.01% |
447,772
+34,656
| +8% | +$81K |
|
3313
Turkcell
TKC
$4.73B
| $402K | ﹤0.01% |
86,637
-286,451
| -77% | -$1.62M |
|
|
VIVS
3314
VivoSim Labs
VIVS
$1.27M
| $398K | ﹤0.01% |
4,052
| – | – |
|
3315
Coda Octopus Group
CODA
$117M
| $397K | ﹤0.01% |
70,896
+12,218
| +21% | +$81.2K |
|
|
AFI
3316
DELISTED
Armstrong Flooring, Inc.
AFI
| $396K | ﹤0.01% |
277,397
-76,406
| -22% | -$236K |
|
|
VOXX
3317
DELISTED
VOXX International Corporation Class A
VOXX
| $395K | ﹤0.01% |
138,851
+3,373
| +2% | +$12.5K |
|
3318
Viper Energy
VNOM
$14.9B
| $394K | ﹤0.01% |
59,492
+17,946
| +43% | +$326K |
|
3319
Smart Sand
SND
$180M
| $392K | ﹤0.01% |
377,035
+33,582
| +10% | +$56.7K |
|
|
TDF
3320
Templeton Dragon Fund
TDF
$274M
| $390K | ﹤0.01% |
22,922
-80,771
| -78% | -$1.49M |
|
|
CIZN
3321
DELISTED
Citizens Holding Co.
CIZN
| $390K | ﹤0.01% |
19,409
+226
| +1% | +$4.68K |
|
|
FRG
3322
DELISTED
Franchise Group, Inc.
FRG
| $385K | ﹤0.01% |
+44,157
| New | +$882K |
|
|
IGD
3323
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$510M
| $383K | ﹤0.01% |
84,199
-356,264
| -81% | -$2.03M |
|
|
CTIC
3324
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $382K | ﹤0.01% |
416,013
+14,270
| +4% | +$16.4K |
|
|
S
3325
DELISTED
Sprint Corporation
S
| $377K | ﹤0.01% |
43,805
-6,146,103
| -99% | -$43.1M |
|
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.