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 | |
|---|---|---|---|---|---|---|
1751
Omeros
OMER
$916M
| $9.8M | ﹤0.01% |
732,689
+51,771
| +8% | +$689K |
|
1752
HealthStream
HSTM
$818M
| $9.68M | ﹤0.01% |
404,221
+13,377
| +3% | +$336K |
|
|
CVET
1753
DELISTED
Covetrus, Inc. Common Stock
CVET
| $9.65M | ﹤0.01% |
1,185,624
+40,348
| +4% | +$461K |
|
1754
Travere Therapeutics
TVTX
$5.84B
| $9.63M | ﹤0.01% |
659,931
+53,074
| +9% | +$799K |
|
|
AAWW
1755
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $9.57M | ﹤0.01% |
372,959
+25,931
| +7% | +$648K |
|
1756
Tootsie Roll Industries
TR
$2.99B
| $9.55M | ﹤0.01% |
317,042
+20,527
| +7% | +$579K |
|
|
EGIO
1757
DELISTED
Edgio, Inc. Common Stock
EGIO
| $9.52M | ﹤0.01% |
41,759
+3,331
| +9% | +$662K |
|
|
AIMT
1758
DELISTED
Aimmune Therapeutics
AIMT
| $9.48M | ﹤0.01% |
657,657
+53,943
| +9% | +$1.38M |
|
1759
Stock Yards Bancorp
SYBT
$2.63B
| $9.48M | ﹤0.01% |
327,780
+16,823
| +5% | +$607K |
|
|
KDMN
1760
DELISTED
Kadmon Holdings, Inc.
KDMN
| $9.43M | ﹤0.01% |
2,250,853
+363,890
| +19% | +$1.57M |
|
1761
Patrick Industries
PATK
$2.9B
| $9.42M | ﹤0.01% |
502,026
+33,554
| +7% | +$1.07M |
|
|
WBT
1762
DELISTED
Welbilt, Inc.
WBT
| $9.38M | ﹤0.01% |
1,828,588
+140,996
| +8% | +$1.7M |
|
1763
Sonos
SONO
$1.88B
| $9.37M | ﹤0.01% |
1,104,577
+202,523
| +22% | +$2.5M |
|
|
SNBR
1764
DELISTED
Sleep Number
SNBR
| $9.36M | ﹤0.01% |
488,472
-8,472
| -2% | -$377K |
|
1765
Scansource
SCSC
$1.17B
| $9.36M | ﹤0.01% |
437,436
+21,708
| +5% | +$633K |
|
|
BBT
1766
Beacon Financial Corp
BBT
$2.68B
| $9.32M | ﹤0.01% |
627,547
+57,036
| +10% | +$1.44M |
|
|
IMGN
1767
DELISTED
Immunogen Inc
IMGN
| $9.32M | ﹤0.01% |
2,734,755
+314,740
| +13% | +$1.38M |
|
|
VCRA
1768
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $9.32M | ﹤0.01% |
438,745
+30,354
| +7% | +$691K |
|
1769
Enova International
ENVA
$6.55B
| $9.32M | ﹤0.01% |
642,985
+20,024
| +3% | +$397K |
|
1770
Madrigal Pharmaceuticals
MDGL
$11.9B
| $9.27M | ﹤0.01% |
138,920
+14,987
| +12% | +$1.25M |
|
|
CWEN.A
1771
DELISTED
Clearway Energy Class A
CWEN.A
| $9.26M | ﹤0.01% |
539,603
-28,592
| -5% | -$570K |
|
|
MODN
1772
DELISTED
MODEL N, INC.
MODN
| $9.23M | ﹤0.01% |
415,714
+15,336
| +4% | +$448K |
|
|
CSR
1773
Centerspace
CSR
$956M
| $9.21M | ﹤0.01% |
167,380
+9,682
| +6% | +$693K |
|
1774
Datadog
DDOG
$101B
| $9.21M | ﹤0.01% |
255,840
+46,785
| +22% | +$1.93M |
|
1775
AstraZeneca
AZN
$250B
| $9.2M | ﹤0.01% |
102,971
+2,412
| +2% | +$227K |
|
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.