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 | |
|---|---|---|---|---|---|---|
1601
Inovio Pharmaceuticals
INO
$69.5M
| $12.5M | ﹤0.01% |
140,372
+27,782
| +25% | +$1.71M |
|
1602
Interparfums
IPAR
$4.05B
| $12.5M | ﹤0.01% |
270,128
+15,088
| +6% | +$943K |
|
|
SAFE
1603
DELISTED
Safehold Inc.
SAFE
| $12.5M | ﹤0.01% |
197,710
+40,060
| +25% | +$2.02M |
|
1604
Installed Building Products
IBP
$6.56B
| $12.5M | ﹤0.01% |
313,189
-8,438
| -3% | -$546K |
|
1605
Piper Sandler
PIPR
$5.09B
| $12.5M | ﹤0.01% |
986,740
+108,776
| +12% | +$1.94M |
|
1606
Enerpac Tool Group
EPAC
$1.89B
| $12.5M | ﹤0.01% |
752,659
+41,679
| +6% | +$925K |
|
|
ITCI
1607
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $12.4M | ﹤0.01% |
806,602
+167,104
| +26% | +$3.63M |
|
1608
Twist Bioscience
TWST
$6.99B
| $12.4M | ﹤0.01% |
404,804
+86,457
| +27% | +$2.32M |
|
1609
Urban Outfitters
URBN
$6.67B
| $12.4M | ﹤0.01% |
867,536
+1,706
| +0.2% | +$39.6K |
|
|
X
1610
DELISTED
US Steel
X
| $12.3M | ﹤0.01% |
1,950,955
+85,070
| +5% | +$713K |
|
1611
Vicor
VICR
$10.4B
| $12.3M | ﹤0.01% |
275,485
+22,277
| +9% | +$1.06M |
|
|
ENDP
1612
DELISTED
Endo International plc
ENDP
| $12.3M | ﹤0.01% |
3,315,646
+126,177
| +4% | +$639K |
|
|
KRTX
1613
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $12.3M | ﹤0.01% |
170,220
+81,418
| +92% | +$6.96M |
|
1614
Sinclair Inc
SBGI
$999M
| $12.3M | ﹤0.01% |
762,065
+24,863
| +3% | +$647K |
|
1615
TriCo Bancshares
TCBK
$1.86B
| $12.3M | ﹤0.01% |
410,856
+32,878
| +9% | +$1.15M |
|
|
SCS
1616
DELISTED
Steelcase
SCS
| $12.2M | ﹤0.01% |
1,238,553
-164,755
| -12% | -$2.72M |
|
|
CADE
1617
DELISTED
Cadence Bancorporation
CADE
| $12.2M | ﹤0.01% |
1,865,626
+208,627
| +13% | +$2.88M |
|
|
VRTU
1618
DELISTED
Virtusa Corporation
VRTU
| $12.2M | ﹤0.01% |
428,255
+17,362
| +4% | +$708K |
|
1619
Kontoor Brands
KTB
$4.64B
| $12.2M | ﹤0.01% |
633,974
+47,119
| +8% | +$1.68M |
|
|
SASR
1620
DELISTED
Sandy Spring Bancorp Inc
SASR
| $12.1M | ﹤0.01% |
536,397
+21,715
| +4% | +$691K |
|
|
AQUA
1621
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $12.1M | ﹤0.01% |
1,082,893
+134,398
| +14% | +$2.53M |
|
1622
Alamo Group
ALG
$2.03B
| $12.1M | ﹤0.01% |
135,879
+7,591
| +6% | +$874K |
|
|
RAVN
1623
DELISTED
Raven Industries Inc
RAVN
| $12M | ﹤0.01% |
566,513
+31,440
| +6% | +$921K |
|
1624
Standard Motor Products
SMP
$874M
| $12M | ﹤0.01% |
287,983
+21,023
| +8% | +$991K |
|
1625
SITE Centers
SITC
$172M
| $12M | ﹤0.01% |
2,944,880
+8,245
| +0.3% | +$71.4K |
|
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.