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 | |
|---|---|---|---|---|---|---|
|
PRTY
3351
DELISTED
Party City Holdco Inc.
PRTY
| $347K | ﹤0.01% |
757,202
+50,145
| +7% | +$103K |
|
3352
InflaRx
IFRX
$261M
| $345K | ﹤0.01% |
90,443
+2,664
| +3% | +$9.87K |
|
3353
iBio
IBIO
$69.5M
| $344K | ﹤0.01% |
650
+581
| +842% | +$224K |
|
|
IDE
3354
Voya Infrastructure, Industrials and Materials Fund
IDE
$198M
| $343K | ﹤0.01% |
42,214
-215,012
| -84% | -$2.24M |
|
|
CEO
3355
DELISTED
CNOOC Limited
CEO
| $342K | ﹤0.01% |
3,312
-3,703
| -53% | -$527K |
|
3356
Great Elm Group
GEG
$67.7M
| $341K | ﹤0.01% |
183,487
| – | – |
|
3357
Qfin Holdings
QFIN
$1.6B
| $338K | ﹤0.01% |
42,285
+27,911
| +194% | +$239K |
|
|
IEC
3358
DELISTED
IEC Electronics Corp.
IEC
| $338K | ﹤0.01% |
57,013
+1,751
| +3% | +$13.7K |
|
3359
Travelzoo
TZOO
$73.1M
| $336K | ﹤0.01% |
85,778
+6,744
| +9% | +$59.4K |
|
|
PTE
3360
DELISTED
PolarityTE, Inc. Common Stock
PTE
| $334K | ﹤0.01% |
12,373
+2,801
| +29% | +$152K |
|
|
SLNO
3361
DELISTED
Soleno Therapeutics
SLNO
| $333K | ﹤0.01% |
9,344
+5,551
| +146% | +$236K |
|
3362
Tenaris
TS
$28.8B
| $332K | ﹤0.01% |
27,696
-13,819
| -33% | -$254K |
|
|
ELVT
3363
DELISTED
Elevate Credit, Inc.
ELVT
| $332K | ﹤0.01% |
320,106
+47,631
| +17% | +$171K |
|
|
PFSW
3364
DELISTED
PFSweb, Inc.
PFSW
| $332K | ﹤0.01% |
110,793
+1,221
| +1% | +$4.56K |
|
|
WEBK
3365
DELISTED
Wellesley Bancorp, Inc.
WEBK
| $331K | ﹤0.01% |
11,233
+1,565
| +16% | +$59.3K |
|
3366
Nomura Holdings
NMR
$29B
| $330K | ﹤0.01% |
77,512
-1,310
| -2% | -$6.23K |
|
|
HIL
3367
DELISTED
Hill International, Inc. Common Stock
HIL
| $330K | ﹤0.01% |
227,989
+4,460
| +2% | +$12.7K |
|
3368
Sumitomo Mitsui Financial
SMFG
$161B
| $328K | ﹤0.01% |
68,631
-23,392
| -25% | -$151K |
|
3369
Woori Financial
WF
$16.9B
| $328K | ﹤0.01% |
17,486
+3,260
| +23% | +$78.9K |
|
|
HZN
3370
DELISTED
Horizon Global Corporation
HZN
| $327K | ﹤0.01% |
175,350
| – | – |
|
|
ASFI
3371
DELISTED
Asta Funding Inc
ASFI
| $327K | ﹤0.01% |
39,457
| – | – |
|
3372
Alcon
ALC
$34.4B
| $326K | ﹤0.01% |
6,432
-1,449
| -18% | -$83.3K |
|
3373
Aquestive Therapeutics
AQST
$471M
| $326K | ﹤0.01% |
149,089
+61,021
| +69% | +$232K |
|
3374
AB InBev
BUD
$168B
| $325K | ﹤0.01% |
7,388
-6,909
| -48% | -$451K |
|
|
PFHD
3375
DELISTED
Professional Holding Corp. Class A Common stock
PFHD
| $324K | ﹤0.01% |
+20,319
| New | +$364K |
|
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.