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 | |
|---|---|---|---|---|---|---|
1176
iShares MSCI Emerging Markets ETF
EEM
$29.7B
| – | – |
0
| – | – |
|
1177
Wintrust Financial
WTFC
$11.1B
| $24M | 0.01% |
730,220
+47,995
| +7% | +$2.66M |
|
1178
Capitol Federal Financial
CFFN
$1.14B
| $24M | 0.01% |
2,065,355
+146,546
| +8% | +$1.88M |
|
1179
Genworth Financial
GNW
$3.76B
| $24M | 0.01% |
7,216,458
+510,942
| +8% | +$2.12M |
|
1180
EPR Properties
EPR
$4.7B
| $23.9M | 0.01% |
988,332
+58,393
| +6% | +$3.35M |
|
|
EGOV
1181
DELISTED
NIC Inc
EGOV
| $23.9M | 0.01% |
1,039,741
+48,835
| +5% | +$997K |
|
1182
Coty
COTY
$2.54B
| $23.9M | 0.01% |
4,635,117
-1,763,686
| -28% | -$16.6M |
|
1183
Under Armour Class C
UA
$2.83B
| $23.8M | 0.01% |
2,959,877
+96,422
| +3% | +$1.38M |
|
1184
TripAdvisor
TRIP
$1.66B
| $23.8M | 0.01% |
1,368,109
+5,271
| +0.4% | +$134K |
|
1185
World Kinect Corp
WKC
$1.99B
| $23.8M | 0.01% |
943,269
+65,074
| +7% | +$2.22M |
|
|
AEL
1186
DELISTED
American Equity Investment Life Holding Company
AEL
| $23.7M | 0.01% |
1,263,277
+92,477
| +8% | +$2.36M |
|
1187
RH
RH
$3.57B
| $23.7M | 0.01% |
236,005
+16,941
| +8% | +$3.16M |
|
|
KW
1188
DELISTED
Kennedy-Wilson Holdings
KW
| $23.7M | 0.01% |
1,766,637
+66,427
| +4% | +$1.32M |
|
|
SUM
1189
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $23.7M | 0.01% |
1,604,901
+132,613
| +9% | +$2.58M |
|
1190
FormFactor
FORM
$9.4B
| $23.6M | 0.01% |
1,177,124
+45,500
| +4% | +$1.09M |
|
1191
Simply Good Foods
SMPL
$1.01B
| $23.6M | 0.01% |
1,225,152
+109,440
| +10% | +$2.39M |
|
|
UHT
1192
Universal Health Realty Income Trust
UHT
$591M
| $23.6M | 0.01% |
233,620
+12,179
| +5% | +$1.34M |
|
1193
Rithm Capital
RITM
$5.67B
| $23.5M | 0.01% |
4,699,276
-624,932
| -12% | -$9.06M |
|
|
SGI
1194
Somnigroup International
SGI
$14.7B
| $23.5M | 0.01% |
2,153,856
-77,800
| -3% | -$1.48M |
|
1195
Horace Mann Educators
HMN
$2.1B
| $23.5M | 0.01% |
642,923
+36,962
| +6% | +$1.53M |
|
1196
Westamerica Bancorp
WABC
$1.4B
| $23.5M | 0.01% |
400,155
+28,577
| +8% | +$1.78M |
|
1197
Fox Factory Holding Corp
FOXF
$824M
| $23.4M | 0.01% |
558,142
+30,171
| +6% | +$1.9M |
|
1198
Tenet Healthcare
THC
$20.3B
| $23.4M | 0.01% |
1,627,306
+102,145
| +7% | +$2.93M |
|
1199
Cal-Maine
CALM
$4B
| $23.4M | 0.01% |
531,587
+99,793
| +23% | +$3.77M |
|
1200
Choice Hotels
CHH
$5.03B
| $23.3M | 0.01% |
380,511
+29,749
| +8% | +$2.7M |
|
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.