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 | |
|---|---|---|---|---|---|---|
1651
Columbia Financial
CLBK
$1.12B
| $11.5M | ﹤0.01% |
796,145
+55,572
| +8% | +$889K |
|
1652
Sanofi
SNY
$103B
| $11.5M | ﹤0.01% |
262,204
+41,597
| +19% | +$1.99M |
|
|
RAD
1653
DELISTED
Rite Aid Corporation
RAD
| $11.4M | ﹤0.01% |
761,908
+34,028
| +5% | +$476K |
|
|
CHCT
1654
Community Healthcare Trust
CHCT
$445M
| $11.4M | ﹤0.01% |
298,115
+41,713
| +16% | +$1.81M |
|
|
TSG
1655
DELISTED
The Stars Group Inc.
TSG
| $11.4M | ﹤0.01% |
559,796
+13,890
| +3% | +$313K |
|
1656
Fluor
FLR
$7.06B
| $11.4M | ﹤0.01% |
1,646,171
+94,591
| +6% | +$1.32M |
|
|
CATM
1657
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $11.3M | ﹤0.01% |
541,687
+29,475
| +6% | +$1.11M |
|
1658
Newmark Group
NMRK
$2.77B
| $11.3M | ﹤0.01% |
2,665,610
-154,092
| -5% | -$1.51M |
|
|
SIX
1659
DELISTED
Six Flags Entertainment Corp.
SIX
| $11.3M | ﹤0.01% |
903,173
-87,247
| -9% | -$2.6M |
|
|
MOMO
1660
Hello Group
MOMO
$863M
| $11.3M | ﹤0.01% |
522,860
-8,227
| -2% | -$245K |
|
1661
Provident Financial Services
PFS
$3.28B
| $11.3M | ﹤0.01% |
877,473
+83,474
| +11% | +$1.7M |
|
|
CTB
1662
DELISTED
Cooper Tire & Rubber Co.
CTB
| $11.3M | ﹤0.01% |
692,294
+24,635
| +4% | +$613K |
|
1663
Tactile Systems Technology
TCMD
$672M
| $11.2M | ﹤0.01% |
280,083
+20,448
| +8% | +$1.1M |
|
1664
Perdoceo Education
PRDO
$2.06B
| $11.2M | ﹤0.01% |
+1,042,040
| New | +$16.2M |
|
1665
Douglas Dynamics
PLOW
$1.03B
| $11.2M | ﹤0.01% |
316,174
+21,553
| +7% | +$1.01M |
|
1666
Dycom Industries
DY
$12.4B
| $11.2M | ﹤0.01% |
437,679
+29,204
| +7% | +$1.03M |
|
1667
Atlanta Braves Holdings Series B
BATRK
$3.09B
| $11.2M | ﹤0.01% |
588,228
+39,902
| +7% | +$1.02M |
|
1668
Vodafone
VOD
$35.4B
| $11.2M | ﹤0.01% |
813,985
-158,625
| -16% | -$2.83M |
|
1669
Arvinas
ARVN
$548M
| $11.2M | ﹤0.01% |
277,826
+23,614
| +9% | +$1.1M |
|
1670
Pediatrix Medical
MD
$2.14B
| $11.2M | ﹤0.01% |
960,006
+8,511
| +0.9% | +$176K |
|
1671
Algonquin Power & Utilities
AQN
$4.43B
| $11.2M | ﹤0.01% |
833,209
+84,317
| +11% | +$1.23M |
|
1672
NovaGold Resources
NG
$3.03B
| $11.2M | ﹤0.01% |
1,507,804
+233,652
| +18% | +$2M |
|
|
ALEX
1673
DELISTED
Alexander & Baldwin
ALEX
| $11.1M | ﹤0.01% |
993,017
+55,583
| +6% | +$1.04M |
|
1674
Unitil
UTL
$960M
| $11.1M | ﹤0.01% |
212,730
+10,752
| +5% | +$637K |
|
|
FSP
1675
Franklin Street Properties
FSP
$48.1M
| $11.1M | ﹤0.01% |
1,942,341
+120,925
| +7% | +$857K |
|
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.