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 | |
|---|---|---|---|---|---|---|
|
ADAM
1851
Adamas Trust
ADAM
$848M
| $8.31M | ﹤0.01% |
1,340,125
+415,606
| +45% | +$8.75M |
|
1852
Codexis
CDXS
$156M
| $8.29M | ﹤0.01% |
743,047
+52,572
| +8% | +$735K |
|
|
BMTC
1853
DELISTED
Bryn Mawr Bank Corp
BMTC
| $8.26M | ﹤0.01% |
291,188
+18,796
| +7% | +$659K |
|
1854
Community Trust Bancorp
CTBI
$1.43B
| $8.26M | ﹤0.01% |
259,945
+9,070
| +4% | +$366K |
|
1855
Tanger
SKT
$4.66B
| $8.25M | ﹤0.01% |
1,650,305
+11,463
| +0.7% | +$140K |
|
|
COOP
1856
DELISTED
Mr. Cooper
COOP
| $8.23M | ﹤0.01% |
1,122,740
+92,745
| +9% | +$1.07M |
|
1857
M/I Homes
MHO
$3.81B
| $8.21M | ﹤0.01% |
497,012
+365
| +0.1% | +$13.2K |
|
1858
Universal Insurance Holdings
UVE
$1.23B
| $8.21M | ﹤0.01% |
458,397
+32,876
| +8% | +$754K |
|
1859
Globant
GLOB
$1.66B
| $8.21M | ﹤0.01% |
94,120
+6,492
| +7% | +$725K |
|
1860
Lantheus
LNTH
$6.61B
| $8.15M | ﹤0.01% |
638,631
+26,104
| +4% | +$417K |
|
1861
SiriusPoint
SPNT
$2.74B
| $8.14M | ﹤0.01% |
1,098,998
+64,673
| +6% | +$621K |
|
1862
Brookdale Senior Living
BKD
$3.45B
| $8.14M | ﹤0.01% |
2,607,819
+153,802
| +6% | +$896K |
|
|
HNGR
1863
DELISTED
Hanger Inc.
HNGR
| $8.13M | ﹤0.01% |
521,947
+46,251
| +10% | +$1.05M |
|
1864
Apogee Enterprises
APOG
$897M
| $8.11M | ﹤0.01% |
389,615
+26,205
| +7% | +$766K |
|
1865
The Greenbrier Companies
GBX
$1.54B
| $8.1M | ﹤0.01% |
456,730
+36,682
| +9% | +$870K |
|
|
ACH
1866
Accendra Health
ACH
$227M
| $8.09M | ﹤0.01% |
884,365
+26,715
| +3% | +$161K |
|
|
SWAV
1867
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $8.09M | ﹤0.01% |
243,860
+29,831
| +14% | +$1.18M |
|
|
TRST
1868
Trustco Bank Corp NY
TRST
$968M
| $8.09M | ﹤0.01% |
299,055
+18,411
| +7% | +$669K |
|
1869
MBIA
MBI
$270M
| $8.09M | ﹤0.01% |
1,132,542
+131,803
| +13% | +$1.11M |
|
|
TVRD
1870
Tvardi Therapeutics
TVRD
$18.8M
| $8.04M | ﹤0.01% |
16,900
+1,887
| +13% | +$1.03M |
|
|
INN
1871
Summit Hotel Properties
INN
$739M
| $8.04M | ﹤0.01% |
1,904,400
+91,076
| +5% | +$857K |
|
|
PPD
1872
DELISTED
PPD, Inc. Common Stock
PPD
| $8.03M | ﹤0.01% |
+451,099
| New | +$11.3M |
|
|
YMAB
1873
DELISTED
Y-mAbs Therapeutics
YMAB
| $8.02M | ﹤0.01% |
307,322
+35,104
| +13% | +$1.02M |
|
|
OSG
1874
Octave Specialty Group
OSG
$256M
| $8.01M | ﹤0.01% |
649,341
+12,462
| +2% | +$239K |
|
1875
Abercrombie & Fitch
ANF
$4.86B
| $7.99M | ﹤0.01% |
879,139
+61,480
| +8% | +$891K |
|
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.