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 | |
|---|---|---|---|---|---|---|
|
FARO
1676
DELISTED
Faro Technologies
FARO
| $11.1M | ﹤0.01% |
250,030
+14,331
| +6% | +$743K |
|
1677
Pathward Financial
CASH
$1.88B
| $11.1M | ﹤0.01% |
511,633
+24,365
| +5% | +$803K |
|
1678
Matthews International
MATW
$853M
| $11.1M | ﹤0.01% |
457,294
+31,293
| +7% | +$997K |
|
|
NP
1679
DELISTED
Neenah, Inc. Common Stock
NP
| $11.1M | ﹤0.01% |
256,316
+20,665
| +9% | +$1.22M |
|
1680
Shutterstock
SSTK
$231M
| $11M | ﹤0.01% |
342,926
+49,737
| +17% | +$1.99M |
|
1681
Cerus
CERS
$451M
| $11M | ﹤0.01% |
2,359,795
+457,396
| +24% | +$2.07M |
|
|
AVYA
1682
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $11M | ﹤0.01% |
1,354,220
-99,530
| -7% | -$1.18M |
|
1683
Primoris Services
PRIM
$4.62B
| $11M | ﹤0.01% |
688,824
+51,126
| +8% | +$996K |
|
1684
Murphy Oil
MUR
$5.35B
| $10.9M | ﹤0.01% |
1,784,001
+41,175
| +2% | +$757K |
|
1685
TSMC
TSM
$2.16T
| $10.9M | ﹤0.01% |
227,776
-6,743
| -3% | -$369K |
|
|
MODV
1686
DELISTED
ModivCare
MODV
| $10.9M | ﹤0.01% |
198,828
-2,871
| -1% | -$178K |
|
|
RESI
1687
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $10.9M | ﹤0.01% |
912,227
+64,430
| +8% | +$753K |
|
1688
Cheesecake Factory
CAKE
$5.28B
| $10.9M | ﹤0.01% |
636,635
+36,782
| +6% | +$1.24M |
|
1689
CrowdStrike
CRWD
$217B
| $10.9M | ﹤0.01% |
779,660
+121,192
| +18% | +$1.71M |
|
|
GLUU
1690
DELISTED
Glu Mobile Inc.
GLUU
| $10.9M | ﹤0.01% |
1,725,416
+124,995
| +8% | +$805K |
|
1691
Materion
MTRN
$5.93B
| $10.8M | ﹤0.01% |
309,632
-17,969
| -5% | -$891K |
|
1692
MaxLinear
MXL
$6.36B
| $10.8M | ﹤0.01% |
928,356
+75,075
| +9% | +$1.26M |
|
|
TWO
1693
Two Harbors Investment
TWO
$1.27B
| $10.8M | ﹤0.01% |
710,292
-220,838
| -24% | -$11.3M |
|
1694
Heritage Financial
HFWA
$1.23B
| $10.8M | ﹤0.01% |
540,203
+45,802
| +9% | +$1.13M |
|
|
AMWD
1695
DELISTED
American Woodmark
AMWD
| $10.8M | ﹤0.01% |
236,219
+9,297
| +4% | +$859K |
|
|
SGMO
1696
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $10.8M | ﹤0.01% |
1,689,025
+104,456
| +7% | +$775K |
|
|
LTHM
1697
DELISTED
Livent Corporation
LTHM
| $10.8M | ﹤0.01% |
2,048,310
+136,714
| +7% | +$1.15M |
|
1698
PennyMac Financial
PFSI
$3.89B
| $10.7M | ﹤0.01% |
486,053
+20,165
| +4% | +$649K |
|
1699
Coeur Mining
CDE
$18B
| $10.7M | ﹤0.01% |
3,347,060
+261,056
| +8% | +$1.36M |
|
|
WCC
1700
WESCO International
WCC
$18.4B
| $10.7M | ﹤0.01% |
470,166
+11,872
| +3% | +$506K |
|
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.