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 | |
|---|---|---|---|---|---|---|
1876
DNOW Inc
DNOW
$2.6B
| $7.99M | ﹤0.01% |
1,547,926
+87,379
| +6% | +$787K |
|
|
RWT
1877
Redwood Trust
RWT
$574M
| $7.97M | ﹤0.01% |
1,575,520
+146,596
| +10% | +$2.18M |
|
1878
Collegium Pharmaceutical
COLL
$1.16B
| $7.97M | ﹤0.01% |
487,908
+62,765
| +15% | +$1.3M |
|
1879
Myers Industries
MYE
$1.33B
| $7.94M | ﹤0.01% |
738,820
+26,349
| +4% | +$384K |
|
1880
Amphastar Pharmaceuticals
AMPH
$892M
| $7.92M | ﹤0.01% |
534,078
+29,250
| +6% | +$509K |
|
|
MCHB
1881
Mechanics Bancorp
MCHB
$3.68B
| $7.92M | ﹤0.01% |
356,155
+9,127
| +3% | +$264K |
|
1882
CEVA Inc
CEVA
$954M
| $7.91M | ﹤0.01% |
317,450
+10,576
| +3% | +$293K |
|
|
BBBY
1883
DELISTED
Bed Bath & Beyond Inc
BBBY
| $7.9M | ﹤0.01% |
1,877,111
+129,357
| +7% | +$1.51M |
|
1884
Vanda Pharmaceuticals
VNDA
$306M
| $7.9M | ﹤0.01% |
762,225
+1,663
| +0.2% | +$20.6K |
|
|
PTLA
1885
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $7.84M | ﹤0.01% |
1,099,410
+77,143
| +8% | +$963K |
|
1886
Universal Electronics
UEIC
$60.1M
| $7.83M | ﹤0.01% |
204,044
+6,123
| +3% | +$277K |
|
|
STFC
1887
DELISTED
State Auto Financial Corp
STFC
| $7.82M | ﹤0.01% |
281,433
+22,534
| +9% | +$644K |
|
1888
Cushman & Wakefield Ltd
CWK
$3.29B
| $7.82M | ﹤0.01% |
665,900
+80,532
| +14% | +$1.39M |
|
|
KNL
1889
DELISTED
Knoll, Inc.
KNL
| $7.81M | ﹤0.01% |
757,189
+51,751
| +7% | +$1.03M |
|
1890
DHT Holdings
DHT
$2.88B
| $7.79M | ﹤0.01% |
1,015,616
-106,253
| -9% | -$673K |
|
|
NBIS
1891
Nebius Group N.V.
NBIS
$55.6B
| $7.78M | ﹤0.01% |
228,527
-3,060
| -1% | -$126K |
|
1892
St. Joe Company
JOE
$3.7B
| $7.78M | ﹤0.01% |
463,477
+23,368
| +5% | +$464K |
|
1893
Virtus Investment Partners
VRTS
$1.08B
| $7.75M | ﹤0.01% |
101,782
+12,740
| +14% | +$1.44M |
|
|
BIG
1894
DELISTED
Big Lots, Inc.
BIG
| $7.74M | ﹤0.01% |
543,967
+39,961
| +8% | +$904K |
|
1895
Transocean
RIG
$5.69B
| $7.73M | ﹤0.01% |
6,663,916
+284,536
| +4% | +$1.11M |
|
1896
Harmonic Inc
HLIT
$1.3B
| $7.71M | ﹤0.01% |
1,339,205
+112,087
| +9% | +$752K |
|
1897
Resources Connection
RGP
$153M
| $7.7M | ﹤0.01% |
702,115
+12,029
| +2% | +$164K |
|
1898
Kinross Gold
KGC
$30.5B
| $7.7M | ﹤0.01% |
1,930,982
+222,690
| +13% | +$1.08M |
|
|
SPTN
1899
DELISTED
SpartanNash
SPTN
| $7.7M | ﹤0.01% |
537,582
+37,697
| +8% | +$485K |
|
1900
Bausch Health
BHC
$2.35B
| $7.67M | ﹤0.01% |
497,780
+56,204
| +13% | +$1.36M |
|
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.