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 | |
|---|---|---|---|---|---|---|
|
HSKA
2051
DELISTED
Heska Corp
HSKA
| $5.83M | ﹤0.01% |
105,394
-4,290
| -4% | -$388K |
|
|
CLVS
2052
DELISTED
Clovis Oncology, Inc.
CLVS
| $5.82M | ﹤0.01% |
915,710
+198,128
| +28% | +$1.59M |
|
2053
Ecovyst
ECVT
$1.22B
| $5.82M | ﹤0.01% |
534,207
+32,088
| +6% | +$446K |
|
2054
Dime Commercial Bancshares
DCOM
$1.82B
| $5.79M | ﹤0.01% |
273,876
+20,310
| +8% | +$574K |
|
2055
Kura Oncology
KURA
$833M
| $5.78M | ﹤0.01% |
580,984
+60,842
| +12% | +$696K |
|
2056
Evolent Health
EVH
$413M
| $5.76M | ﹤0.01% |
1,060,322
+88,468
| +9% | +$790K |
|
|
FFIC
2057
DELISTED
Flushing Financial
FFIC
| $5.75M | ﹤0.01% |
430,063
+39,667
| +10% | +$728K |
|
2058
AngioDynamics
ANGO
$626M
| $5.74M | ﹤0.01% |
550,656
+41,094
| +8% | +$516K |
|
|
WCN
2059
Waste Connections
WCN
$41.5B
| $5.74M | ﹤0.01% |
75,258
-11,698
| -13% | -$1.1M |
|
2060
Patterson-UTI
PTEN
$3.83B
| $5.73M | ﹤0.01% |
2,437,874
+103,729
| +4% | +$671K |
|
2061
Century Communities
CCS
$1.97B
| $5.72M | ﹤0.01% |
394,616
+49,071
| +14% | +$1.4M |
|
2062
Ardelyx
ARDX
$1.21B
| $5.72M | ﹤0.01% |
1,006,421
+179,203
| +22% | +$1.22M |
|
2063
Magnolia Oil & Gas
MGY
$5.92B
| $5.71M | ﹤0.01% |
1,427,736
+115,055
| +9% | +$990K |
|
2064
Stratasys
SSYS
$780M
| $5.69M | ﹤0.01% |
357,027
+38,188
| +12% | +$696K |
|
|
UMH
2065
UMH Properties
UMH
$1.31B
| $5.69M | ﹤0.01% |
524,319
+35,927
| +7% | +$522K |
|
|
BFS
2066
Saul Centers
BFS
$823M
| $5.67M | ﹤0.01% |
173,293
+14,600
| +9% | +$659K |
|
2067
Bank of Marin Bancorp
BMRC
$465M
| $5.67M | ﹤0.01% |
188,968
+5,316
| +3% | +$209K |
|
|
CIO
2068
DELISTED
City Office REIT
CIO
| $5.67M | ﹤0.01% |
783,561
+84,350
| +12% | +$1M |
|
|
DLPH
2069
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $5.65M | ﹤0.01% |
702,078
+14,440
| +2% | +$179K |
|
2070
Horizon Bancorp
HBNC
$1.05B
| $5.64M | ﹤0.01% |
572,547
+36,774
| +7% | +$563K |
|
|
DCH
2071
Dauch Corp
DCH
$1.4B
| $5.64M | ﹤0.01% |
1,562,962
+89,190
| +6% | +$663K |
|
2072
National Presto Industries
NPK
$1.01B
| $5.61M | ﹤0.01% |
79,296
+6,666
| +9% | +$562K |
|
2073
Hyster-Yale Materials Handling
HY
$701M
| $5.61M | ﹤0.01% |
140,034
+8,723
| +7% | +$440K |
|
2074
Tredegar Corp
TG
$271M
| $5.61M | ﹤0.01% |
359,026
+22,478
| +7% | +$419K |
|
2075
American Vanguard Corp
AVD
$74.4M
| $5.59M | ﹤0.01% |
386,606
+28,133
| +8% | +$468K |
|
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.