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 | |
|---|---|---|---|---|---|---|
1526
Heartland Express
HTLD
$949M
| $14M | ﹤0.01% |
755,379
+54,591
| +8% | +$1.04M |
|
1527
Lakeland Financial Corp
LKFN
$1.56B
| $14M | ﹤0.01% |
381,324
+22,228
| +6% | +$966K |
|
1528
Mativ Holdings
MATV
$500M
| $14M | ﹤0.01% |
502,563
+31,327
| +7% | +$1.05M |
|
1529
Strategy Inc
MSTR
$35.7B
| $14M | ﹤0.01% |
1,183,670
+20,510
| +2% | +$279K |
|
1530
Seacoast Banking Corp of Florida
SBCF
$3.38B
| $14M | ﹤0.01% |
762,173
+53,287
| +8% | +$1.35M |
|
|
TPTX
1531
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $13.9M | ﹤0.01% |
312,368
+41,113
| +15% | +$2.18M |
|
1532
Sunrun
RUN
$2.63B
| $13.9M | ﹤0.01% |
1,380,359
+97,313
| +8% | +$1.6M |
|
1533
Lindsay Corp
LNN
$1.15B
| $13.9M | ﹤0.01% |
151,969
+9,490
| +7% | +$935K |
|
|
CVA
1534
DELISTED
Covanta Holding Corporation
CVA
| $13.9M | ﹤0.01% |
1,620,003
+93,041
| +6% | +$1.25M |
|
1535
Tompkins Financial
TMP
$1.45B
| $13.8M | ﹤0.01% |
192,815
+18,372
| +11% | +$1.52M |
|
1536
Trupanion
TRUP
$1.09B
| $13.8M | ﹤0.01% |
531,679
+118,248
| +29% | +$3.7M |
|
1537
Inogen
INGN
$182M
| $13.8M | ﹤0.01% |
267,866
+18,953
| +8% | +$911K |
|
1538
Akebia Therapeutics
AKBA
$351M
| $13.8M | ﹤0.01% |
1,824,766
+166,938
| +10% | +$1.3M |
|
|
RCM
1539
DELISTED
R1 RCM Inc. Common Stock
RCM
| $13.8M | ﹤0.01% |
1,520,842
+123,790
| +9% | +$1.49M |
|
|
DCPH
1540
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $13.8M | ﹤0.01% |
335,778
+38,958
| +13% | +$2.16M |
|
1541
PJT Partners
PJT
$4.36B
| $13.8M | ﹤0.01% |
317,544
+39,993
| +14% | +$1.75M |
|
1542
OceanFirst Financial
OCFC
$1.71B
| $13.8M | ﹤0.01% |
864,649
+97,826
| +13% | +$2.07M |
|
1543
Texas Capital Bancshares
TCBI
$4.4B
| $13.8M | ﹤0.01% |
620,463
+37,373
| +6% | +$1.73M |
|
|
CVGW
1544
DELISTED
Calavo Growers
CVGW
| $13.7M | ﹤0.01% |
237,858
+12,155
| +5% | +$858K |
|
1545
Verra Mobility
VRRM
$848M
| $13.7M | ﹤0.01% |
1,917,713
+259,898
| +16% | +$3.46M |
|
|
BRKL
1546
DELISTED
Brookline Bancorp
BRKL
| $13.6M | ﹤0.01% |
1,209,426
+87,236
| +8% | +$1.24M |
|
1547
Supernus Pharmaceuticals
SUPN
$2.67B
| $13.6M | ﹤0.01% |
758,343
+42,959
| +6% | +$903K |
|
|
LVGO
1548
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $13.6M | ﹤0.01% |
478,091
+235,506
| +97% | +$6.1M |
|
|
NAV
1549
DELISTED
Navistar International
NAV
| $13.5M | ﹤0.01% |
821,675
+54,728
| +7% | +$1.6M |
|
1550
Hecla Mining
HL
$10.3B
| $13.5M | ﹤0.01% |
7,440,753
+726,415
| +11% | +$2.01M |
|
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.