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 | |
|---|---|---|---|---|---|---|
|
MNTV
1376
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $17.9M | ﹤0.01% |
1,324,277
+118,162
| +10% | +$2.03M |
|
1377
Papa John's
PZZA
$1.01B
| $17.9M | ﹤0.01% |
335,035
+20,724
| +7% | +$1.25M |
|
|
UNVR
1378
DELISTED
Univar Solutions Inc.
UNVR
| $17.9M | ﹤0.01% |
1,666,768
+89,680
| +6% | +$1.66M |
|
|
SYKE
1379
DELISTED
SYKES Enterprises Inc
SYKE
| $17.8M | ﹤0.01% |
656,974
+25,816
| +4% | +$832K |
|
1380
Matsons
MATX
$6.46B
| $17.8M | ﹤0.01% |
581,810
+24,602
| +4% | +$870K |
|
|
PRNB
1381
DELISTED
Principia Biopharma Inc. Common Stock
PRNB
| $17.8M | ﹤0.01% |
299,787
+29,001
| +11% | +$1.69M |
|
|
SJR
1382
DELISTED
Shaw Communications Inc.
SJR
| $17.8M | ﹤0.01% |
989,889
+300,241
| +44% | +$5.44M |
|
|
NGHC
1383
DELISTED
National General Holdings Corp
NGHC
| $17.7M | ﹤0.01% |
1,072,324
+23,600
| +2% | +$473K |
|
|
ARGO
1384
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $17.7M | ﹤0.01% |
478,519
+40,728
| +9% | +$2.31M |
|
1385
Towne Bank
TOWN
$3.53B
| $17.7M | ﹤0.01% |
978,101
+87,216
| +10% | +$2.15M |
|
1386
American Eagle Outfitters
AEO
$3.03B
| $17.7M | ﹤0.01% |
2,224,207
+139,217
| +7% | +$1.77M |
|
1387
Pembina Pipeline
PBA
$28.1B
| $17.7M | ﹤0.01% |
921,579
+57,132
| +7% | +$1.88M |
|
1388
Pricesmart
PSMT
$5.97B
| $17.7M | ﹤0.01% |
335,986
+15,384
| +5% | +$899K |
|
1389
Walker & Dunlop
WD
$1.78B
| $17.6M | ﹤0.01% |
436,847
-21,392
| -5% | -$1.35M |
|
1390
Corcept Therapeutics
CORT
$11.9B
| $17.6M | ﹤0.01% |
1,479,261
+46,655
| +3% | +$577K |
|
|
MDC
1391
DELISTED
M.D.C. Holdings, Inc.
MDC
| $17.6M | ﹤0.01% |
817,624
+48,964
| +6% | +$1.71M |
|
1392
Mueller Water Products
MWA
$4.16B
| $17.5M | ﹤0.01% |
2,188,159
+149,205
| +7% | +$1.64M |
|
1393
Virtu Financial
VIRT
$5.03B
| $17.5M | ﹤0.01% |
841,022
+61,834
| +8% | +$1.14M |
|
1394
LendingTree
TREE
$474M
| $17.4M | ﹤0.01% |
95,085
+3,063
| +3% | +$867K |
|
1395
Rush Enterprises Class A
RUSHA
$6.43B
| $17.4M | ﹤0.01% |
1,226,304
+4,138
| +0.3% | +$74.7K |
|
1396
BOK Financial
BOKF
$8.79B
| $17.4M | ﹤0.01% |
408,686
+2,389
| +0.6% | +$168K |
|
|
NVTA
1397
DELISTED
Invitae Corporation
NVTA
| $17.4M | ﹤0.01% |
1,270,676
+97,222
| +8% | +$1.78M |
|
|
BAND
1398
Bandwidth Inc
BAND
$1.49B
| $17.3M | ﹤0.01% |
257,712
+48,099
| +23% | +$3.28M |
|
1399
Essential Properties Realty Trust
EPRT
$6.64B
| $17.3M | ﹤0.01% |
1,323,984
+238,941
| +22% | +$5.53M |
|
1400
Cabot Corp
CBT
$4.23B
| $17.3M | ﹤0.01% |
661,614
+25,580
| +4% | +$973K |
|
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.