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 | |
|---|---|---|---|---|---|---|
|
EBIX
2126
DELISTED
Ebix Inc
EBIX
| $5.13M | ﹤0.01% |
337,855
+15,234
| +5% | +$434K |
|
2127
Clearwater Paper
CLW
$364M
| $5.12M | ﹤0.01% |
234,854
+19,089
| +9% | +$459K |
|
2128
Monarch Casino & Resort
MCRI
$2.18B
| $5.12M | ﹤0.01% |
182,488
+13,146
| +8% | +$577K |
|
2129
Boot Barn
BOOT
$5.03B
| $5.11M | ﹤0.01% |
394,953
+30,488
| +8% | +$973K |
|
2130
ADT
ADT
$5.63B
| $5.09M | ﹤0.01% |
1,178,269
-36,383
| -3% | -$220K |
|
2131
Scorpio Tankers
STNG
$3.86B
| $5.09M | ﹤0.01% |
266,150
+32,724
| +14% | +$777K |
|
|
VIE
2132
DELISTED
Viela Bio, Inc. Common Stock
VIE
| $5.07M | ﹤0.01% |
133,488
+32,560
| +32% | +$1.27M |
|
|
HONE
2133
DELISTED
HarborOne Bancorp
HONE
| $5.07M | ﹤0.01% |
673,488
+25,096
| +4% | +$251K |
|
2134
Mercantile Bank Corp
MBWM
$1.06B
| $5.07M | ﹤0.01% |
239,559
+14,168
| +6% | +$428K |
|
|
CHX
2135
DELISTED
ChampionX
CHX
| $5.07M | ﹤0.01% |
881,334
+13,997
| +2% | +$291K |
|
2136
AnaptysBio
ANAB
$1.62B
| $5.05M | ﹤0.01% |
357,587
+6,395
| +2% | +$97K |
|
2137
Barrett Business Services
BBSI
$774M
| $5.05M | ﹤0.01% |
509,544
-89,808
| -15% | -$1.57M |
|
|
GTHX
2138
DELISTED
G1 Therapeutics, Inc. Common Stock
GTHX
| $5.04M | ﹤0.01% |
457,835
+42,130
| +10% | +$787K |
|
2139
1-800-Flowers.com
FLWS
$261M
| $5.04M | ﹤0.01% |
381,076
+18,335
| +5% | +$282K |
|
2140
nLIGHT
LASR
$4.35B
| $5.04M | ﹤0.01% |
480,577
+38,581
| +9% | +$658K |
|
2141
Nordic American Tanker
NAT
$1.36B
| $5.04M | ﹤0.01% |
1,112,719
-117,784
| -10% | -$425K |
|
2142
Hanmi Financial
HAFC
$956M
| $5.04M | ﹤0.01% |
464,501
+23,140
| +5% | +$369K |
|
2143
Itaú Unibanco
ITUB
$90.4B
| $5.03M | ﹤0.01% |
1,539,338
+230,617
| +18% | +$1.18M |
|
2144
Live Oak Bancshares
LOB
$1.96B
| $5.02M | ﹤0.01% |
402,663
+20,836
| +5% | +$330K |
|
|
FBMS
2145
DELISTED
The First Bancshares, Inc.
FBMS
| $5.01M | ﹤0.01% |
262,747
+21,733
| +9% | +$652K |
|
2146
Hawkins
HWKN
$2.72B
| $4.99M | ﹤0.01% |
280,394
+13,646
| +5% | +$272K |
|
2147
Amerant Bancorp
AMTB
$1.13B
| $4.98M | ﹤0.01% |
323,739
+39,443
| +14% | +$717K |
|
2148
Novartis
NVS
$293B
| $4.96M | ﹤0.01% |
60,190
+1,250
| +2% | +$112K |
|
2149
Golar LNG
GLNG
$5.21B
| $4.95M | ﹤0.01% |
627,701
+70,581
| +13% | +$775K |
|
2150
FB Financial Corp
FBK
$3.04B
| $4.94M | ﹤0.01% |
250,694
+21,529
| +9% | +$689K |
|
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.