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 | |
|---|---|---|---|---|---|---|
|
FSCT
1351
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $18.5M | ﹤0.01% |
584,169
+66,698
| +13% | +$2.09M |
|
1352
Crocs
CROX
$6.77B
| $18.5M | ﹤0.01% |
1,086,012
-19,830
| -2% | -$632K |
|
1353
PRA Group
PRAA
$672M
| $18.4M | ﹤0.01% |
665,176
+36,194
| +6% | +$1.26M |
|
1354
Edgewell Personal Care
EPC
$1.31B
| $18.4M | ﹤0.01% |
765,644
+37,163
| +5% | +$1.11M |
|
1355
Trinity Industries
TRN
$2.55B
| $18.4M | ﹤0.01% |
1,143,060
+33,508
| +3% | +$671K |
|
1356
Central Garden & Pet Co Class A
CENTA
$2.42B
| $18.4M | ﹤0.01% |
897,320
+44,091
| +5% | +$980K |
|
1357
Renasant Corp
RNST
$4.05B
| $18.3M | ﹤0.01% |
839,153
+68,592
| +9% | +$2.04M |
|
1358
Rambus
RMBS
$10.9B
| $18.3M | ﹤0.01% |
1,648,150
+12,561
| +0.8% | +$174K |
|
|
AVNS
1359
DELISTED
Avanos Medical
AVNS
| $18.3M | ﹤0.01% |
678,288
+51,209
| +8% | +$1.53M |
|
|
ROIC
1360
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $18.2M | ﹤0.01% |
2,198,472
+162,078
| +8% | +$2.41M |
|
|
CUB
1361
DELISTED
Cubic Corporation
CUB
| $18.2M | ﹤0.01% |
441,003
+30,774
| +8% | +$1.78M |
|
|
LMNX
1362
DELISTED
Luminex Corp
LMNX
| $18.2M | ﹤0.01% |
661,392
+62,467
| +10% | +$1.53M |
|
1363
Compass Minerals
CMP
$1.25B
| $18.2M | ﹤0.01% |
472,942
+27,434
| +6% | +$1.49M |
|
1364
Ubiquiti
UI
$33.9B
| $18.1M | ﹤0.01% |
127,859
+6,753
| +6% | +$1.03M |
|
|
EPZM
1365
DELISTED
Epizyme, Inc
EPZM
| $18M | ﹤0.01% |
1,163,792
+100,152
| +9% | +$2.15M |
|
1366
Cohen & Steers
CNS
$4.32B
| $18M | ﹤0.01% |
397,112
-11,361
| -3% | -$719K |
|
|
DHC
1367
Diversified Healthcare Trust
DHC
$2.13B
| $18M | ﹤0.01% |
4,970,589
-183,115
| -4% | -$1.2M |
|
1368
Minerals Technologies
MTX
$2.34B
| $18M | ﹤0.01% |
496,829
+39,149
| +9% | +$1.9M |
|
|
BMCH
1369
DELISTED
BMC Stock Holdings, Inc
BMCH
| $18M | ﹤0.01% |
1,015,293
+63,843
| +7% | +$1.66M |
|
|
ECHO
1370
EchoStar
ECHO
$26.6B
| $18M | ﹤0.01% |
561,529
+16,477
| +3% | +$617K |
|
1371
Banner Corp
BANR
$2.44B
| $17.9M | ﹤0.01% |
543,177
+37,669
| +7% | +$1.79M |
|
|
SAIL
1372
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $17.9M | ﹤0.01% |
1,178,056
+86,414
| +8% | +$1.96M |
|
1373
Karyopharm Therapeutics
KPTI
$44.4M
| $17.9M | ﹤0.01% |
62,222
+7,091
| +13% | +$1.96M |
|
1374
Restaurant Brands International
QSR
$25.6B
| $17.9M | ﹤0.01% |
446,878
+76,192
| +21% | +$4.31M |
|
1375
Spectrum Brands
SPB
$2.09B
| $17.9M | ﹤0.01% |
491,984
+5,785
| +1% | +$313K |
|
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.