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 | |
|---|---|---|---|---|---|---|
3451
Lincoln Educational Services
LINC
$1.36B
| $247K | ﹤0.01% |
112,704
+868
| +0.8% | +$2.06K |
|
3452
Perma-Fix Environmental Services
PESI
$374M
| $247K | ﹤0.01% |
47,423
+5,685
| +14% | +$40.3K |
|
3453
Frequency Electronics
FEIM
$778M
| $246K | ﹤0.01% |
27,002
+336
| +1% | +$3.02K |
|
3454
Frontline
FRO
$8.45B
| $244K | ﹤0.01% |
25,441
-1,948
| -7% | -$18.2K |
|
3455
Enel Chile
ENIC
$6.21B
| $241K | ﹤0.01% |
72,930
-215,449
| -75% | -$951K |
|
|
GOLD
3456
Gold.com Inc
GOLD
$1.26B
| $239K | ﹤0.01% |
39,048
+724
| +2% | +$3.24K |
|
|
QTT
3457
DELISTED
Qutoutiao Inc. American Depositary Shares
QTT
| $239K | ﹤0.01% |
10,015
+3,631
| +57% | +$163K |
|
|
RNDB
3458
DELISTED
Randolph Bancorp, Inc. Common Stock
RNDB
| $239K | ﹤0.01% |
24,965
| – | – |
|
|
SBOW
3459
DELISTED
SilverBow Resources, Inc.
SBOW
| $238K | ﹤0.01% |
96,555
+16,017
| +20% | +$78.6K |
|
|
LMST
3460
DELISTED
Limestone Bancorp, Inc. Common Stock
LMST
| $238K | ﹤0.01% |
21,415
| – | – |
|
|
CLLS
3461
Cellectis
CLLS
$281M
| $236K | ﹤0.01% |
25,693
+6,549
| +34% | +$97.7K |
|
|
EVOK
3462
DELISTED
Evoke Pharma
EVOK
| $236K | ﹤0.01% |
1,417
+12
| +0.9% | +$2.31K |
|
|
CYPH
3463
Cypherpunk Technologies Inc
CYPH
$78M
| $236K | ﹤0.01% |
14,938
-1,511
| -9% | -$29.3K |
|
3464
TELA Bio
TELA
$41M
| $236K | ﹤0.01% |
30,200
+6,771
| +29% | +$91.5K |
|
|
ACGN
3465
DELISTED
Aceragen Inc
ACGN
| $236K | ﹤0.01% |
10,538
| – | – |
|
3466
Custom Truck One Source
CTOS
$2.51B
| $235K | ﹤0.01% |
71,658
+609
| +0.9% | +$2.31K |
|
3467
KB Financial Group
KB
$42.4B
| $235K | ﹤0.01% |
8,663
-18,680
| -68% | -$633K |
|
3468
MPLX
MPLX
$60.2B
| $234K | ﹤0.01% |
20,209
-2,192
| -10% | -$44.9K |
|
|
UNT
3469
DELISTED
UNIT Corporation
UNT
| $233K | ﹤0.01% |
898,816
+158,770
| +21% | +$60K |
|
3470
Aviat Networks
AVNW
$275M
| $231K | ﹤0.01% |
54,362
+1,874
| +4% | +$11.4K |
|
3471
Climb Global Solutions
CLMB
$506M
| $230K | ﹤0.01% |
72,220
+2,396
| +3% | +$9.13K |
|
3472
Educational Development Corp
EDUC
$11.8M
| $230K | ﹤0.01% |
49,636
| – | – |
|
3473
NanoViricides
NNVC
$36.5M
| $230K | ﹤0.01% |
+40,114
| New | +$283K |
|
|
SCPH
3474
DELISTED
scPharmaceuticals
SCPH
| $229K | ﹤0.01% |
31,028
| – | – |
|
|
SUP
3475
DELISTED
Superior Industries International
SUP
| $229K | ﹤0.01% |
191,491
-7,819
| -4% | -$20.6K |
|
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.