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 | |
|---|---|---|---|---|---|---|
|
WIRE
1451
DELISTED
Encore Wire Corp
WIRE
| $15.9M | ﹤0.01% |
379,026
+5,752
| +2% | +$297K |
|
1452
Allegiant Air
ALGT
$2.82B
| $15.9M | ﹤0.01% |
194,219
+11,457
| +6% | +$1.65M |
|
1453
Parsons
PSN
$5.09B
| $15.9M | ﹤0.01% |
496,933
-99,483
| -17% | -$3.87M |
|
1454
Dana Inc
DAN
$2.97B
| $15.9M | ﹤0.01% |
2,033,145
+107,184
| +6% | +$1.48M |
|
|
ATSG
1455
DELISTED
Air Transport Services Group
ATSG
| $15.9M | ﹤0.01% |
868,367
+56,821
| +7% | +$1.14M |
|
1456
Regenxbio
RGNX
$659M
| $15.9M | ﹤0.01% |
490,210
+28,988
| +6% | +$1.21M |
|
|
KAMN
1457
DELISTED
Kaman Corp
KAMN
| $15.8M | ﹤0.01% |
411,234
+19,199
| +5% | +$1.08M |
|
1458
Myriad Genetics
MYGN
$289M
| $15.8M | ﹤0.01% |
1,104,626
+51,073
| +5% | +$1.08M |
|
|
MFA
1459
MFA Financial
MFA
$931M
| $15.8M | ﹤0.01% |
2,510,080
+244,509
| +11% | +$6.51M |
|
|
PRO
1460
DELISTED
PROS Holdings
PRO
| $15.8M | ﹤0.01% |
507,600
+31,088
| +7% | +$1.55M |
|
1461
Coherus Oncology
CHRS
$228M
| $15.7M | ﹤0.01% |
968,982
+74,836
| +8% | +$1.38M |
|
|
ALLK
1462
DELISTED
Allakos
ALLK
| $15.7M | ﹤0.01% |
353,052
+23,848
| +7% | +$1.63M |
|
1463
Knowles
KN
$3.2B
| $15.7M | ﹤0.01% |
1,173,662
+79,458
| +7% | +$1.38M |
|
1464
S&T Bancorp
STBA
$1.85B
| $15.7M | ﹤0.01% |
574,626
+37,416
| +7% | +$1.31M |
|
1465
Asbury Automotive
ABG
$4.09B
| $15.7M | ﹤0.01% |
284,174
+18,858
| +7% | +$1.64M |
|
1466
Shake Shack
SHAK
$2.67B
| $15.7M | ﹤0.01% |
415,690
+28,730
| +7% | +$1.7M |
|
1467
CBIZ
CBZ
$2.99B
| $15.7M | ﹤0.01% |
749,067
+55,044
| +8% | +$1.4M |
|
1468
Editas Medicine
EDIT
$407M
| $15.6M | ﹤0.01% |
784,568
+74,818
| +11% | +$1.89M |
|
1469
Nelnet
NNI
$4.97B
| $15.5M | ﹤0.01% |
341,412
+7,626
| +2% | +$411K |
|
1470
Hope Bancorp
HOPE
$1.81B
| $15.5M | ﹤0.01% |
1,885,962
+128,441
| +7% | +$1.6M |
|
|
HTLF
1471
DELISTED
Heartland Financial USA, Inc.
HTLF
| $15.5M | ﹤0.01% |
512,632
+46,604
| +10% | +$2.04M |
|
1472
Southside Bancshares
SBSI
$972M
| $15.5M | ﹤0.01% |
508,983
+55,196
| +12% | +$1.87M |
|
|
SC
1473
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $15.4M | ﹤0.01% |
1,106,911
-2,405
| -0.2% | -$53.6K |
|
|
VGR
1474
DELISTED
Vector Group Ltd.
VGR
| $15.4M | ﹤0.01% |
2,303,652
+51,727
| +2% | +$456K |
|
1475
TriMas Corp
TRS
$1.45B
| $15.4M | ﹤0.01% |
665,511
+39,436
| +6% | +$1.08M |
|
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.