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 | |
|---|---|---|---|---|---|---|
1801
Artivion
AORT
$1.27B
| $8.89M | ﹤0.01% |
525,619
+49,407
| +10% | +$1.27M |
|
1802
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| – | – |
0
| – | – |
|
1803
PetMed Express
PETS
$42.1M
| $8.89M | ﹤0.01% |
308,881
+11,564
| +4% | +$303K |
|
|
ADVM
1804
DELISTED
Adverum Biotechnologies
ADVM
| $8.88M | ﹤0.01% |
90,947
+13,968
| +18% | +$1.63M |
|
1805
York Water
YORW
$500M
| $8.88M | ﹤0.01% |
204,301
+12,528
| +7% | +$569K |
|
|
AVTA
1806
DELISTED
Avantax, Inc. Common Stock
AVTA
| $8.85M | ﹤0.01% |
734,825
+59,591
| +9% | +$1.15M |
|
1807
Orthofix Medical
OFIX
$421M
| $8.83M | ﹤0.01% |
315,362
+1,068
| +0.3% | +$41.3K |
|
|
EBSB
1808
DELISTED
Meridian Bancorp, Inc.
EBSB
| $8.81M | ﹤0.01% |
785,447
+48,425
| +7% | +$802K |
|
1809
Malibu Boats
MBUU
$575M
| $8.79M | ﹤0.01% |
305,512
+23,486
| +8% | +$932K |
|
1810
BGC Group
BGC
$5.18B
| $8.78M | ﹤0.01% |
3,485,444
+196,519
| +6% | +$961K |
|
1811
Triumph Financial Inc
TFIN
$1.87B
| $8.76M | ﹤0.01% |
337,062
+16,754
| +5% | +$580K |
|
|
RDUS
1812
DELISTED
Radius Health, Inc.
RDUS
| $8.76M | ﹤0.01% |
673,776
+15,851
| +2% | +$283K |
|
|
AHRT
1813
AH Realty Trust
AHRT
$527M
| $8.75M | ﹤0.01% |
818,099
+96,594
| +13% | +$1.57M |
|
1814
NRC Health Common Stock
NRC
$433M
| $8.74M | ﹤0.01% |
192,222
+11,035
| +6% | +$663K |
|
1815
Great Southern Bancorp
GSBC
$889M
| $8.73M | ﹤0.01% |
216,197
+4,947
| +2% | +$261K |
|
|
PFC
1816
DELISTED
Premier Financial Corp. Common Stock
PFC
| $8.73M | ﹤0.01% |
592,172
+281,084
| +90% | +$7.16M |
|
1817
CryoPort
CYRX
$769M
| $8.72M | ﹤0.01% |
510,763
+49,071
| +11% | +$859K |
|
1818
Red Rock Resorts
RRR
$3.56B
| $8.72M | ﹤0.01% |
1,019,742
+78,813
| +8% | +$1.56M |
|
1819
Anterix
ATEX
$1.94B
| $8.71M | ﹤0.01% |
190,616
+34,428
| +22% | +$1.56M |
|
1820
OneSpan
OSPN
$604M
| $8.7M | ﹤0.01% |
479,624
+31,604
| +7% | +$536K |
|
1821
PBF Energy
PBF
$7.25B
| $8.68M | ﹤0.01% |
1,226,431
+23,287
| +2% | +$523K |
|
|
RPT
1822
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $8.68M | ﹤0.01% |
1,439,719
+78,427
| +6% | +$981K |
|
|
HTZ
1823
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $8.68M | ﹤0.01% |
1,404,424
+105,106
| +8% | +$1.42M |
|
|
TCDA
1824
DELISTED
Tricida, Inc. Common Stock
TCDA
| $8.64M | ﹤0.01% |
392,848
+30,036
| +8% | +$964K |
|
1825
Liberty Media Series A
FWONA
$22.1B
| $8.64M | ﹤0.01% |
349,533
+47,438
| +16% | +$1.71M |
|
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.