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 | |
|---|---|---|---|---|---|---|
3401
Immunovant
IMVT
$8.06B
| $298K | ﹤0.01% |
+19,175
| New | +$288K |
|
|
AE
3402
DELISTED
Adams Resources & Energy Inc
AE
| $298K | ﹤0.01% |
12,701
+404
| +3% | +$12.6K |
|
3403
AC Immune
ACIU
$233M
| $297K | ﹤0.01% |
43,086
+10,787
| +33% | +$84.3K |
|
3404
ProQR Therapeutics
PRQR
$278M
| $295K | ﹤0.01% |
53,911
+840
| +2% | +$6.44K |
|
|
AMPE
3405
DELISTED
Ampio Pharmaceuticals Inc.
AMPE
| $295K | ﹤0.01% |
2,371
+12
| +0.5% | +$2.17K |
|
|
NSCO.WS
3406
DELISTED
Nesco Holdings, Inc. Warrants, exerciseable for Common Stock
NSCO.WS
| $294K | ﹤0.01% |
1,669,089
+77,639
| +5% | +$27.8K |
|
3407
Corvus Pharmaceuticals
CRVS
$1.17B
| $293K | ﹤0.01% |
138,916
+1,361
| +1% | +$5.53K |
|
|
HPR
3408
DELISTED
HighPoint Resources Corporation
HPR
| $293K | ﹤0.01% |
30,978
+1,556
| +5% | +$69.3K |
|
|
MOR
3409
DELISTED
MorphoSys AG American Depositary Shares
MOR
| $292K | ﹤0.01% |
11,909
+4,860
| +69% | +$143K |
|
3410
Identive
INVE
$62.4M
| $291K | ﹤0.01% |
86,291
+11,136
| +15% | +$54K |
|
|
SANW
3411
DELISTED
S&W Seed Co
SANW
| $290K | ﹤0.01% |
7,560
+33
| +0.4% | +$1.45K |
|
3412
ENI
E
$76.5B
| $288K | ﹤0.01% |
14,546
-9,599
| -40% | -$244K |
|
3413
Grupo Aeroportuario Centro Norte
OMAB
$5.29B
| $286K | ﹤0.01% |
10,651
+3,533
| +50% | +$185K |
|
|
AXAS
3414
DELISTED
Abraxas Petroleum Corp
AXAS
| $286K | ﹤0.01% |
118,249
+13,349
| +13% | +$60.2K |
|
|
MTLS
3415
Materialise
MTLS
$393M
| $285K | ﹤0.01% |
15,383
-1,751
| -10% | -$30.3K |
|
|
GIFI
3416
DELISTED
Gulf Island Fabrication
GIFI
| $282K | ﹤0.01% |
94,057
+1,485
| +2% | +$6.71K |
|
|
VERO
3417
DELISTED
Venus Concept
VERO
| $282K | ﹤0.01% |
482
+127
| +36% | +$122K |
|
3418
Gilat Satellite Networks
GILT
$877M
| $280K | ﹤0.01% |
39,750
+16,714
| +73% | +$144K |
|
3419
Microbot Medical
MBOT
$124M
| $280K | ﹤0.01% |
50,504
+8,539
| +20% | +$74.8K |
|
|
BXRX
3420
DELISTED
Baudax Bio, Inc. Common Stock
BXRX
| $279K | ﹤0.01% |
81
-7
| -8% | -$66.1K |
|
3421
Rekor Systems
REKR
$88.2M
| $278K | ﹤0.01% |
75,348
+27,407
| +57% | +$107K |
|
3422
Altimmune
ALT
$589M
| $276K | ﹤0.01% |
86,175
| – | – |
|
3423
Sabesp
SBS
$19.1B
| $276K | ﹤0.01% |
193,349
-37,581
| -16% | -$92.1K |
|
3424
Grupo Cibest SA
CIB
$21.4B
| $275K | ﹤0.01% |
11,033
-5,626
| -34% | -$253K |
|
|
CVIA
3425
DELISTED
Covia Holdings Corporation Common Stock
CVIA
| $272K | ﹤0.01% |
476,587
+32,922
| +7% | +$49K |
|
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.