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 | |
|---|---|---|---|---|---|---|
|
XEC
1276
DELISTED
CIMAREX ENERGY CO
XEC
| $20.4M | 0.01% |
1,213,364
-466,625
| -28% | -$16.8M |
|
1277
Visteon
VC
$2.81B
| $20.4M | 0.01% |
425,515
+40,122
| +10% | +$2.91M |
|
1278
AMERISAFE
AMSF
$557M
| $20.4M | 0.01% |
316,459
+18,340
| +6% | +$1.2M |
|
1279
Empire State Realty Trust
ESRT
$852M
| $20.4M | 0.01% |
2,273,486
-6,603
| -0.3% | -$80.8K |
|
1280
Albany International
AIN
$1.79B
| $20.4M | 0.01% |
430,372
+15,869
| +4% | +$1.04M |
|
1281
Element Solutions
ESI
$9.48B
| $20.4M | 0.01% |
2,436,229
+88,336
| +4% | +$939K |
|
|
CVSA
1282
Covista Inc
CVSA
$4.42B
| $20.4M | 0.01% |
760,068
+36,724
| +5% | +$1.17M |
|
1283
CarGurus
CARG
$3.34B
| $20.4M | 0.01% |
1,074,942
-49,695
| -4% | -$1.42M |
|
1284
Onto Innovation
ONTO
$14.3B
| $20.3M | 0.01% |
684,467
+60,088
| +10% | +$2.05M |
|
1285
Targa Resources
TRGP
$56.4B
| $20.3M | 0.01% |
2,940,652
+176,064
| +6% | +$5.23M |
|
1286
OneMain Financial
OMF
$7.53B
| $20.2M | 0.01% |
1,057,940
+203,589
| +24% | +$7.59M |
|
1287
Moelis & Co
MC
$5.09B
| $20.2M | 0.01% |
719,006
+52,244
| +8% | +$1.71M |
|
|
PE
1288
DELISTED
PARSLEY ENERGY INC
PE
| $20.1M | 0.01% |
3,512,253
+451,577
| +15% | +$6.1M |
|
|
CORE
1289
DELISTED
Core Mark Holding Co., Inc.
CORE
| $20.1M | 0.01% |
704,225
+19,768
| +3% | +$490K |
|
1290
Appian
APPN
$2.09B
| $20.1M | 0.01% |
498,845
+56,662
| +13% | +$2.63M |
|
1291
SPX Corp
SPXC
$10.8B
| $19.9M | 0.01% |
610,310
+41,495
| +7% | +$1.87M |
|
1292
Hamilton Lane
HLNE
$5.61B
| $19.9M | 0.01% |
359,471
+29,020
| +9% | +$1.81M |
|
|
CIM
1293
Chimera Investment
CIM
$1.06B
| $19.9M | 0.01% |
727,826
-184,550
| -20% | -$10.5M |
|
1294
H.B. Fuller
FUL
$3.17B
| $19.8M | 0.01% |
709,680
+49,811
| +8% | +$2.09M |
|
|
PDCO
1295
DELISTED
Patterson Companies, Inc.
PDCO
| $19.8M | 0.01% |
1,295,686
+90,075
| +7% | +$1.95M |
|
1296
Korn Ferry
KFY
$4.23B
| $19.8M | 0.01% |
813,143
+34,564
| +4% | +$1.27M |
|
|
STAY
1297
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $19.7M | 0.01% |
2,698,486
-1,799,519
| -40% | -$20.7M |
|
|
INOV
1298
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $19.7M | 0.01% |
1,182,821
+159,551
| +16% | +$3.03M |
|
1299
Artisan Partners
APAM
$3.03B
| $19.7M | 0.01% |
916,337
-4,029
| -0.4% | -$121K |
|
1300
Hyatt Hotels
H
$16.4B
| $19.7M | 0.01% |
410,342
+14,688
| +4% | +$1.11M |
|
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.