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 | |
|---|---|---|---|---|---|---|
1576
Adaptive Biotechnologies
ADPT
$3.9B
| $13M | ﹤0.01% |
467,236
+240,540
| +106% | +$6.71M |
|
1577
John B. Sanfilippo & Son
JBSS
$986M
| $13M | ﹤0.01% |
145,104
+6,791
| +5% | +$547K |
|
|
SWN
1578
DELISTED
Southwestern Energy Company
SWN
| $13M | ﹤0.01% |
7,675,535
+507,227
| +7% | +$880K |
|
1579
Varex Imaging
VREX
$521M
| $12.9M | ﹤0.01% |
569,508
+35,215
| +7% | +$907K |
|
1580
Acushnet Holdings
GOLF
$5.98B
| $12.9M | ﹤0.01% |
502,172
+41,663
| +9% | +$1.2M |
|
|
PRFT
1581
DELISTED
Perficient Inc
PRFT
| $12.9M | ﹤0.01% |
476,089
+37,238
| +8% | +$1.63M |
|
1582
Alcoa
AA
$12.4B
| $12.9M | ﹤0.01% |
2,088,884
-49,138
| -2% | -$674K |
|
|
IBTX
1583
DELISTED
Independent Bank Group, Inc.
IBTX
| $12.9M | ﹤0.01% |
543,219
+18,673
| +4% | +$858K |
|
1584
US Physical Therapy
USPH
$1.15B
| $12.8M | ﹤0.01% |
186,184
+9,436
| +5% | +$995K |
|
1585
TFS Financial
TFSL
$5.22B
| $12.8M | ﹤0.01% |
839,392
+39,986
| +5% | +$783K |
|
1586
PG&E
PCG
$38.4B
| $12.8M | ﹤0.01% |
1,425,268
+107,180
| +8% | +$1.42M |
|
1587
CareDx
CDNA
$2.44B
| $12.7M | ﹤0.01% |
581,709
+31,500
| +6% | +$706K |
|
1588
AMC Global Media
AMCX
$501M
| $12.7M | ﹤0.01% |
521,872
+24,975
| +5% | +$846K |
|
1589
Pinterest
PINS
$14.3B
| $12.7M | ﹤0.01% |
824,492
+149,399
| +22% | +$2.91M |
|
1590
BancFirst
BANF
$3.85B
| $12.7M | ﹤0.01% |
380,023
+16,916
| +5% | +$881K |
|
1591
3D Systems Corp
DDD
$581M
| $12.6M | ﹤0.01% |
1,640,356
+125,617
| +8% | +$1.22M |
|
1592
Usana Health Sciences
USNA
$421M
| $12.6M | ﹤0.01% |
218,544
+10,032
| +5% | +$698K |
|
|
SAVE
1593
DELISTED
Spirit Airlines, Inc.
SAVE
| $12.6M | ﹤0.01% |
978,821
+67,564
| +7% | +$2.17M |
|
1594
O-I Glass
OI
$1.16B
| $12.6M | ﹤0.01% |
1,774,310
+63,373
| +4% | +$694K |
|
1595
First Commonwealth Financial
FCF
$2.22B
| $12.6M | ﹤0.01% |
1,380,069
+85,247
| +7% | +$1.06M |
|
1596
Winnebago Industries
WGO
$901M
| $12.6M | ﹤0.01% |
452,383
+32,665
| +8% | +$1.58M |
|
1597
Group 1 Automotive
GPI
$3.41B
| $12.6M | ﹤0.01% |
283,735
+15,482
| +6% | +$1.3M |
|
1598
Sturm, Ruger & Co
RGR
$625M
| $12.6M | ﹤0.01% |
246,673
+13,602
| +6% | +$668K |
|
|
WUBA
1599
DELISTED
58.com Inc
WUBA
| $12.6M | ﹤0.01% |
259,224
+19,465
| +8% | +$1.12M |
|
|
NSTG
1600
DELISTED
NanoString Technologies, Inc.
NSTG
| $12.5M | ﹤0.01% |
521,609
+70,598
| +16% | +$2.04M |
|
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.