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 | |
|---|---|---|---|---|---|---|
|
CSW
1501
CSW Industrials
CSW
$5.6B
| $14.9M | ﹤0.01% |
229,788
-6,423
| -3% | -$465K |
|
1502
Nu Skin
NUS
$251M
| $14.9M | ﹤0.01% |
680,059
+8,241
| +1% | +$248K |
|
1503
Methode Electronics
MEI
$499M
| $14.8M | ﹤0.01% |
561,290
+28,960
| +5% | +$944K |
|
1504
Kite Realty
KRG
$5.69B
| $14.8M | ﹤0.01% |
1,562,813
+25,941
| +2% | +$415K |
|
1505
Independence Realty Trust
IRT
$3.95B
| $14.8M | ﹤0.01% |
1,653,827
+117,097
| +8% | +$1.58M |
|
|
WDR
1506
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $14.8M | ﹤0.01% |
1,299,152
-53,475
| -4% | -$797K |
|
1507
Amkor Technology
AMKR
$13.9B
| $14.8M | ﹤0.01% |
1,897,520
-296,657
| -14% | -$3.22M |
|
1508
National Healthcare
NHC
$3.48B
| $14.7M | ﹤0.01% |
205,462
-6,611
| -3% | -$523K |
|
1509
Tennant Co
TNC
$1.46B
| $14.7M | ﹤0.01% |
253,467
+17,736
| +8% | +$1.31M |
|
1510
Gentherm
THRM
$1.28B
| $14.7M | ﹤0.01% |
467,353
+4,316
| +0.9% | +$184K |
|
1511
Cinemark Holdings
CNK
$4.39B
| $14.5M | ﹤0.01% |
1,411,944
+105,850
| +8% | +$2.72M |
|
|
UFS
1512
DELISTED
DOMTAR CORPORATION (New)
UFS
| $14.4M | ﹤0.01% |
667,776
-204,146
| -23% | -$6.5M |
|
1513
Sally Beauty Holdings
SBH
$1.54B
| $14.4M | ﹤0.01% |
1,784,533
-117,080
| -6% | -$1.55M |
|
1514
Allogene Therapeutics
ALLO
$635M
| $14.3M | ﹤0.01% |
735,237
+56,183
| +8% | +$1.34M |
|
1515
Marten Transport
MRTN
$1.22B
| $14.2M | ﹤0.01% |
1,038,234
+41,280
| +4% | +$569K |
|
|
KL
1516
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $14.2M | ﹤0.01% |
475,000
+164,192
| +53% | +$6.01M |
|
1517
Plug Power
PLUG
$3.01B
| $14.2M | ﹤0.01% |
4,008,798
+465,500
| +13% | +$1.9M |
|
1518
Heron Therapeutics
HRTX
$96.8M
| $14.2M | ﹤0.01% |
1,207,511
+75,251
| +7% | +$1.41M |
|
1519
Axos Financial
AX
$5.88B
| $14.2M | ﹤0.01% |
780,631
+60,072
| +8% | +$1.51M |
|
1520
Tenable Holdings
TENB
$3.96B
| $14.1M | ﹤0.01% |
645,912
+63,761
| +11% | +$1.58M |
|
1521
Pilgrim's Pride
PPC
$6.65B
| $14.1M | ﹤0.01% |
778,925
+26,409
| +4% | +$644K |
|
|
ODP
1522
DELISTED
ODP
ODP
| $14.1M | ﹤0.01% |
859,352
+51,600
| +6% | +$1.15M |
|
1523
Caesars Entertainment
CZR
$6.06B
| $14.1M | ﹤0.01% |
976,229
+67,375
| +7% | +$3.15M |
|
1524
LGI Homes
LGIH
$1.3B
| $14.1M | ﹤0.01% |
311,321
+32,639
| +12% | +$2.42M |
|
1525
CNX Resources
CNX
$5.33B
| $14.1M | ﹤0.01% |
2,641,133
+166,472
| +7% | +$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.