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 | |
|---|---|---|---|---|---|---|
|
B
751
Barrick Mining
B
$61.5B
| $52.1M | 0.01% |
2,817,044
+244,425
| +10% | +$4.58M |
|
|
IPHI
752
DELISTED
INPHI CORPORATION
IPHI
| $52M | 0.01% |
657,082
+72,560
| +12% | +$5.64M |
|
753
Selective Insurance
SIGI
$5.65B
| $51.8M | 0.01% |
1,042,622
+117,045
| +13% | +$7.12M |
|
|
STOR
754
DELISTED
STORE Capital Corporation
STOR
| $51.7M | 0.01% |
2,851,959
+58,470
| +2% | +$1.93M |
|
|
SBNY
755
DELISTED
Signature Bank
SBNY
| $51.6M | 0.01% |
642,518
+19,500
| +3% | +$2.45M |
|
756
Canadian Pacific Kansas City
CP
$78.1B
| $51.6M | 0.01% |
1,163,945
+84,815
| +8% | +$4.17M |
|
757
US Foods
USFD
$22.2B
| $51.3M | 0.01% |
2,898,069
-209,539
| -7% | -$7.02M |
|
758
Prosperity Bancshares
PB
$8.97B
| $51.3M | 0.01% |
1,062,229
+46,314
| +5% | +$3.01M |
|
|
LOGM
759
DELISTED
LogMein, Inc.
LOGM
| $51.2M | 0.01% |
615,124
+10,533
| +2% | +$888K |
|
760
Huntsman Corp
HUN
$1.71B
| $51.2M | 0.01% |
3,549,105
-241,762
| -6% | -$4.71M |
|
|
BERY
761
DELISTED
Berry Global Group, Inc.
BERY
| $51M | 0.01% |
1,648,509
+46,969
| +3% | +$1.72M |
|
762
Apollo Global Management
APO
$72.4B
| $50.8M | 0.01% |
1,516,788
+34,575
| +2% | +$1.48M |
|
763
Flowserve
FLS
$9.71B
| $50.8M | 0.01% |
2,130,722
+47,513
| +2% | +$1.92M |
|
764
BWX Technologies
BWXT
$15.5B
| $50.6M | 0.01% |
1,038,816
+34,274
| +3% | +$2.04M |
|
765
Arrow Electronics
ARW
$11.1B
| $50.5M | 0.01% |
975,211
+34,452
| +4% | +$2.45M |
|
766
Owens Corning
OC
$11.2B
| $50.5M | 0.01% |
1,303,253
+26,508
| +2% | +$1.48M |
|
767
Sensata Technologies
ST
$6.74B
| $50.5M | 0.01% |
1,747,506
+52,420
| +3% | +$2.26M |
|
768
Mine Safety
MSA
$7.35B
| $50.4M | 0.01% |
498,227
+31,908
| +7% | +$4.02M |
|
769
XPO
XPO
$23.5B
| $50.4M | 0.01% |
2,989,117
+65,869
| +2% | +$1.76M |
|
770
Credit Acceptance
CACC
$5.95B
| $50.3M | 0.01% |
196,577
+4,388
| +2% | +$1.77M |
|
|
ALE
771
DELISTED
Allete
ALE
| $50.1M | 0.01% |
826,118
+68,680
| +9% | +$5.19M |
|
772
Essent Group
ESNT
$6.08B
| $50.1M | 0.01% |
1,900,421
+40,136
| +2% | +$1.78M |
|
773
WEX
WEX
$6.37B
| $50M | 0.01% |
477,834
+16,646
| +4% | +$3.11M |
|
774
Manhattan Associates
MANH
$11.2B
| $49.9M | 0.01% |
1,001,478
+15,769
| +2% | +$1.14M |
|
775
RLI Corp
RLI
$5.62B
| $49.8M | 0.01% |
1,133,416
+62,616
| +6% | +$2.75M |
|
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.