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 | |
|---|---|---|---|---|---|---|
1251
CareTrust REIT
CTRE
$9.65B
| $21.2M | 0.01% |
1,435,795
+99,729
| +7% | +$1.98M |
|
1252
Alarm.com
ALRM
$2.76B
| $21.2M | 0.01% |
545,357
+33,424
| +7% | +$1.46M |
|
|
XHR
1253
Xenia Hotels & Resorts
XHR
$1.89B
| $21.2M | 0.01% |
2,055,093
-152,181
| -7% | -$2.53M |
|
1254
Monro
MNRO
$410M
| $21.1M | 0.01% |
482,154
+27,394
| +6% | +$1.66M |
|
1255
Olin
OLN
$2.17B
| $21.1M | 0.01% |
1,807,166
+7,656
| +0.4% | +$116K |
|
1256
Fate Therapeutics
FATE
$300M
| $21.1M | 0.01% |
948,788
+71,953
| +8% | +$1.82M |
|
1257
NBT Bancorp
NBTB
$2.8B
| $21.1M | 0.01% |
650,065
+46,186
| +8% | +$1.69M |
|
1258
Belden
BDC
$4.98B
| $21M | 0.01% |
583,379
-3,777
| -0.6% | -$173K |
|
1259
Gibraltar Industries
ROCK
$1.43B
| $21M | 0.01% |
490,050
+16,826
| +4% | +$842K |
|
1260
Ingevity
NGVT
$2.6B
| $21M | 0.01% |
597,108
+45,014
| +8% | +$2.63M |
|
1261
BridgeBio Pharma
BBIO
$16.1B
| $21M | 0.01% |
722,737
+375,359
| +108% | +$11.6M |
|
1262
Forward Air
FWRD
$484M
| $20.9M | 0.01% |
413,395
+15,258
| +4% | +$927K |
|
|
FMBI
1263
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $20.9M | 0.01% |
1,581,386
+107,294
| +7% | +$2.02M |
|
1264
Grocery Outlet
GO
$988M
| $20.9M | 0.01% |
609,408
+210,255
| +53% | +$6.84M |
|
1265
InterDigital
IDCC
$8.34B
| $20.9M | 0.01% |
467,523
+33,006
| +8% | +$1.74M |
|
|
CSII
1266
DELISTED
Cardiovascular Systems, Inc.
CSII
| $20.8M | 0.01% |
591,953
+36,711
| +7% | +$1.55M |
|
|
TMHC
1267
DELISTED
Taylor Morrison
TMHC
| $20.8M | 0.01% |
1,892,845
+292,609
| +18% | +$6.29M |
|
|
TERP
1268
DELISTED
TerraForm Power, Inc
TERP
| $20.8M | 0.01% |
1,318,229
+70,253
| +6% | +$1.22M |
|
1269
Advanced Drainage Systems
WMS
$11.5B
| $20.7M | 0.01% |
703,314
+43,248
| +7% | +$1.75M |
|
1270
LivePerson
LPSN
$27M
| $20.7M | 0.01% |
60,658
+4,432
| +8% | +$2.15M |
|
|
BHVN
1271
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $20.6M | 0.01% |
606,691
+88,876
| +17% | +$4.06M |
|
1272
Builders FirstSource
BLDR
$8.11B
| $20.6M | 0.01% |
1,681,069
+19,535
| +1% | +$441K |
|
|
OPLN
1273
Openlane
OPLN
$4.24B
| $20.6M | 0.01% |
1,712,710
-202,787
| -11% | -$3.96M |
|
|
MDRX
1274
DELISTED
Veradigm Inc. Common Stock
MDRX
| $20.5M | 0.01% |
2,915,113
+80,605
| +3% | +$654K |
|
|
CSGS
1275
DELISTED
CSG Systems International
CSGS
| $20.5M | 0.01% |
489,447
+3,150
| +0.6% | +$150K |
|
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.