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 | |
|---|---|---|---|---|---|---|
526
Cognex
CGNX
$10.9B
| $92.1M | 0.02% |
2,182,388
+67,584
| +3% | +$3.38M |
|
527
Elanco Animal Health
ELAN
$13.2B
| $92M | 0.02% |
4,111,491
+319,134
| +8% | +$8.74M |
|
528
Pool Corp
POOL
$6.75B
| $91.7M | 0.02% |
466,237
+12,811
| +3% | +$2.73M |
|
|
AMED
529
DELISTED
Amedisys
AMED
| $91.7M | 0.02% |
499,612
+29,835
| +6% | +$5.31M |
|
|
CTLT
530
DELISTED
CATALENT, INC.
CTLT
| $91.5M | 0.02% |
1,760,818
+146,302
| +9% | +$7.99M |
|
531
Gentex
GNTX
$4.97B
| $91.3M | 0.02% |
4,109,859
+157,231
| +4% | +$4.37M |
|
|
DISH
532
DELISTED
DISH Network Corp.
DISH
| $91.2M | 0.02% |
4,567,774
-622,352
| -12% | -$20.2M |
|
533
American Homes 4 Rent
AMH
$12B
| $91.1M | 0.02% |
3,926,694
+80,061
| +2% | +$2.11M |
|
534
Nordson
NDSN
$16.6B
| $90.8M | 0.02% |
672,286
+20,379
| +3% | +$3.14M |
|
535
Rollins
ROL
$18.3B
| $90.2M | 0.02% |
3,746,514
+162,019
| +5% | +$4M |
|
536
BorgWarner
BWA
$13.1B
| $90.1M | 0.02% |
4,206,423
-373,183
| -8% | -$10.8M |
|
537
Chemed
CHE
$7.07B
| $89.4M | 0.02% |
206,295
+886
| +0.4% | +$396K |
|
538
A.O. Smith
AOS
$8.17B
| $89.3M | 0.02% |
2,366,845
+41,427
| +2% | +$1.77M |
|
|
Y
539
DELISTED
Alleghany Corp
Y
| $89.3M | 0.02% |
161,814
-2,270
| -1% | -$1.63M |
|
540
Newell Brands
NWL
$2.38B
| $89.2M | 0.02% |
6,727,998
+186,976
| +3% | +$3.22M |
|
541
Vistra
VST
$50B
| $88.9M | 0.02% |
5,572,361
-768,689
| -12% | -$15.6M |
|
542
Crown Holdings
CCK
$12.8B
| $88.6M | 0.02% |
1,528,649
+16,627
| +1% | +$1.16M |
|
543
Royal Caribbean
RCL
$85.1B
| $87.9M | 0.02% |
2,737,020
+96,277
| +4% | +$8.8M |
|
544
RPM International
RPM
$13.7B
| $87.6M | 0.02% |
1,473,673
+39,137
| +3% | +$2.7M |
|
545
Whirlpool
WHR
$2.43B
| $87.6M | 0.02% |
1,022,677
+25,003
| +3% | +$3.28M |
|
546
Bio-Rad Laboratories Class A
BIO
$8.71B
| $87.2M | 0.02% |
248,937
+5,951
| +2% | +$2.19M |
|
547
Trade Desk
TTD
$8.48B
| $87M | 0.02% |
4,508,930
+114,210
| +3% | +$2.96M |
|
548
Monolithic Power Systems
MPWR
$70.1B
| $86.7M | 0.02% |
517,963
+11,139
| +2% | +$1.91M |
|
549
Jazz Pharmaceuticals
JAZZ
$15.9B
| $86.4M | 0.02% |
866,572
+11,431
| +1% | +$1.48M |
|
|
CONE
550
DELISTED
CyrusOne Inc Common Stock
CONE
| $86.2M | 0.02% |
1,396,726
+55,602
| +4% | +$3.39M |
|
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.