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 | |
|---|---|---|---|---|---|---|
1426
Delek US
DK
$4.06B
| $16.6M | ﹤0.01% |
1,052,954
+40,368
| +4% | +$957K |
|
1427
Atkore
ATKR
$3.16B
| $16.6M | ﹤0.01% |
787,549
-20,907
| -3% | -$749K |
|
1428
iShares MSCI India ETF
INDA
$6.65B
| – | – |
0
| – | – |
|
|
SVC
1429
Service Properties Trust
SVC
$1.03B
| $16.6M | ﹤0.01% |
613,020
+50,265
| +9% | +$4.51M |
|
|
PPBI
1430
DELISTED
Pacific Premier Bancorp
PPBI
| $16.5M | ﹤0.01% |
877,828
+60,999
| +7% | +$1.62M |
|
|
MGLN
1431
DELISTED
Magellan Health Services, Inc.
MGLN
| $16.5M | ﹤0.01% |
343,711
+14,457
| +4% | +$930K |
|
|
AIMC
1432
DELISTED
Altra Industrial Motion Corp
AIMC
| $16.5M | ﹤0.01% |
943,918
+60,947
| +7% | +$1.81M |
|
|
IRBT
1433
DELISTED
iRobot
IRBT
| $16.4M | ﹤0.01% |
401,319
+27,440
| +7% | +$1.32M |
|
1434
Hilltop Holdings
HTH
$2.29B
| $16.4M | ﹤0.01% |
1,084,604
+145,784
| +16% | +$3.09M |
|
1435
Boyd Gaming
BYD
$6.27B
| $16.4M | ﹤0.01% |
1,134,717
+87,092
| +8% | +$2.23M |
|
|
MNR
1436
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $16.4M | ﹤0.01% |
1,356,902
+122,178
| +10% | +$1.69M |
|
|
GWB
1437
DELISTED
Great Western Bancorp, Inc.
GWB
| $16.3M | ﹤0.01% |
796,974
+72,657
| +10% | +$2.05M |
|
|
CMD
1438
DELISTED
Cantel Medical Corporation
CMD
| $16.3M | ﹤0.01% |
454,128
+17,987
| +4% | +$1.02M |
|
1439
Wolverine World Wide
WWW
$1.59B
| $16.3M | ﹤0.01% |
1,072,583
+24,539
| +2% | +$675K |
|
1440
Dick's Sporting Goods
DKS
$18B
| $16.3M | ﹤0.01% |
766,612
-37,695
| -5% | -$1.45M |
|
1441
Kaiser Aluminum
KALU
$2.85B
| $16.3M | ﹤0.01% |
234,939
+15,999
| +7% | +$1.51M |
|
|
DOOR
1442
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $16.3M | ﹤0.01% |
342,540
+21,971
| +7% | +$1.55M |
|
1443
B&G Foods
BGS
$289M
| $16.2M | ﹤0.01% |
897,660
+55,876
| +7% | +$875K |
|
1444
James River Group Holdings
JRVR
$213M
| $16.2M | ﹤0.01% |
447,987
+30,401
| +7% | +$1.22M |
|
1445
Palomar
PLMR
$3.61B
| $16.2M | ﹤0.01% |
278,959
+102,271
| +58% | +$5.34M |
|
1446
City Holding Co
CHCO
$2.06B
| $16.2M | ﹤0.01% |
243,839
+14,514
| +6% | +$1.07M |
|
1447
Middlesex Water
MSEX
$1.09B
| $16.2M | ﹤0.01% |
269,322
+30,156
| +13% | +$1.91M |
|
1448
Magna International
MGA
$18.7B
| $16.1M | ﹤0.01% |
506,977
+31,623
| +7% | +$1.46M |
|
1449
Ryder
R
$10.3B
| $16.1M | ﹤0.01% |
608,139
+27,641
| +5% | +$1.16M |
|
1450
Chewy
CHWY
$9.87B
| $15.9M | ﹤0.01% |
425,027
+20,659
| +5% | +$607K |
|
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.