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 | |
|---|---|---|---|---|---|---|
|
CALY
1551
Callaway Golf Company
CALY
$3.52B
| $13.5M | ﹤0.01% |
1,319,023
+101,253
| +8% | +$1.74M |
|
1552
Yext
YEXT
$572M
| $13.4M | ﹤0.01% |
1,319,385
+116,659
| +10% | +$1.67M |
|
1553
Yeti Holdings
YETI
$3.92B
| $13.4M | ﹤0.01% |
686,823
+231,211
| +51% | +$6.85M |
|
1554
Alector
ALEC
$171M
| $13.3M | ﹤0.01% |
553,024
+145,668
| +36% | +$3.71M |
|
1555
Huazhu Hotels Group
HTHT
$13B
| $13.3M | ﹤0.01% |
466,102
+22,665
| +5% | +$771K |
|
|
MTOR
1556
DELISTED
MERITOR, Inc.
MTOR
| $13.3M | ﹤0.01% |
1,004,971
+11,755
| +1% | +$253K |
|
1557
Enanta Pharmaceuticals
ENTA
$387M
| $13.3M | ﹤0.01% |
258,775
+27,220
| +12% | +$1.45M |
|
1558
GDS Holdings
GDS
$6.69B
| $13.3M | ﹤0.01% |
230,556
+28,938
| +14% | +$1.61M |
|
|
GCP
1559
DELISTED
GCP Applied Technologies Inc.
GCP
| $13.3M | ﹤0.01% |
745,505
+38,082
| +5% | +$807K |
|
1560
Melco Resorts & Entertainment
MLCO
$2.17B
| $13.2M | ﹤0.01% |
1,081,394
+43,158
| +4% | +$825K |
|
|
TIVO
1561
DELISTED
Tivo Inc
TIVO
| $13.2M | ﹤0.01% |
1,869,825
+153,445
| +9% | +$1.13M |
|
1562
AerCap
AER
$24.4B
| $13.2M | ﹤0.01% |
582,616
+35,825
| +7% | +$1.77M |
|
1563
Carpenter Technology
CRS
$28.3B
| $13.2M | ﹤0.01% |
677,312
+44,343
| +7% | +$1.65M |
|
1564
Mesa Laboratories
MLAB
$566M
| $13.2M | ﹤0.01% |
58,389
+3,686
| +7% | +$909K |
|
1565
TG Therapeutics
TGTX
$7.46B
| $13.2M | ﹤0.01% |
1,340,533
+239,730
| +22% | +$3.03M |
|
1566
Terex
TEX
$7.55B
| $13.2M | ﹤0.01% |
918,363
+68,190
| +8% | +$1.54M |
|
1567
First Busey Corp
BUSE
$2.63B
| $13.2M | ﹤0.01% |
769,671
+65,832
| +9% | +$1.52M |
|
1568
MACOM Technology Solutions
MTSI
$20.9B
| $13.2M | ﹤0.01% |
695,112
+64,120
| +10% | +$1.63M |
|
1569
ePlus
PLUS
$2.54B
| $13.1M | ﹤0.01% |
419,210
+18,206
| +5% | +$693K |
|
1570
Gray Television
GTN
$441M
| $13.1M | ﹤0.01% |
1,220,062
+82,862
| +7% | +$1.5M |
|
|
WW
1571
DELISTED
WW International
WW
| $13.1M | ﹤0.01% |
774,645
-44,018
| -5% | -$1.37M |
|
1572
Mercury Insurance
MCY
$5.9B
| $13.1M | ﹤0.01% |
320,990
+11,671
| +4% | +$533K |
|
1573
Jack in the Box
JACK
$329M
| $13.1M | ﹤0.01% |
372,630
+5,016
| +1% | +$341K |
|
1574
Addus HomeCare
ADUS
$2.12B
| $13M | ﹤0.01% |
192,514
+19,766
| +11% | +$1.71M |
|
|
INFN
1575
DELISTED
Infinera Corporation Common Stock
INFN
| $13M | ﹤0.01% |
2,450,599
+212,967
| +10% | +$1.46M |
|
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.