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 | |
|---|---|---|---|---|---|---|
2151
Peapack-Gladstone Financial
PGC
$816M
| $4.93M | ﹤0.01% |
274,767
+19,557
| +8% | +$518K |
|
2152
Pitney Bowes
PBI
$2.46B
| $4.9M | ﹤0.01% |
2,402,533
+151,298
| +7% | +$519K |
|
2153
G-III Apparel Group
GIII
$1.52B
| $4.9M | ﹤0.01% |
636,207
+50,209
| +9% | +$1.14M |
|
2154
Signet Jewelers
SIG
$3.68B
| $4.89M | ﹤0.01% |
759,082
+12,611
| +2% | +$258K |
|
2155
Comtech Telecommunications
CMTL
$51.5M
| $4.89M | ﹤0.01% |
367,693
+30,178
| +9% | +$848K |
|
2156
Community Health Systems
CYH
$415M
| $4.88M | ﹤0.01% |
1,462,061
-110,102
| -7% | -$446K |
|
2157
GoPro
GPRO
$124M
| $4.88M | ﹤0.01% |
1,862,427
+159,361
| +9% | +$592K |
|
2158
Levi Strauss
LEVI
$9.41B
| $4.88M | ﹤0.01% |
392,512
+19,200
| +5% | +$339K |
|
2159
NIO
NIO
$11.5B
| $4.87M | ﹤0.01% |
1,764,240
+182,787
| +12% | +$681K |
|
2160
PDF Solutions
PDFS
$2.01B
| $4.87M | ﹤0.01% |
415,690
+24,035
| +6% | +$355K |
|
|
AVID
2161
DELISTED
Avid Technology Inc
AVID
| $4.85M | ﹤0.01% |
720,878
+59,788
| +9% | +$472K |
|
2162
BrightView Holdings
BV
$1.04B
| $4.85M | ﹤0.01% |
438,414
+35,170
| +9% | +$503K |
|
|
ALTA
2163
DELISTED
Altabancorp
ALTA
| $4.85M | ﹤0.01% |
250,317
+20,006
| +9% | +$500K |
|
2164
Utah Medical Products
UTMD
$221M
| $4.85M | ﹤0.01% |
51,547
+1,662
| +3% | +$154K |
|
|
PDLI
2165
DELISTED
PDL BioPharma, Inc.
PDLI
| $4.83M | ﹤0.01% |
1,714,587
+64,332
| +4% | +$207K |
|
2166
DMC Global
BOOM
$156M
| $4.83M | ﹤0.01% |
209,970
+12,503
| +6% | +$450K |
|
2167
BRC Group Holdings
RILY
$293M
| $4.82M | ﹤0.01% |
261,762
+17,361
| +7% | +$409K |
|
|
MRC
2168
DELISTED
MRC Global
MRC
| $4.81M | ﹤0.01% |
1,129,137
+32,675
| +3% | +$307K |
|
2169
Mitek Systems
MITK
$760M
| $4.8M | ﹤0.01% |
609,865
+58,683
| +11% | +$499K |
|
2170
XP
XP
$8.66B
| $4.8M | ﹤0.01% |
248,925
-19,575
| -7% | -$662K |
|
|
HOUS
2171
DELISTED
Anywhere Real Estate
HOUS
| $4.79M | ﹤0.01% |
1,592,138
-74,047
| -4% | -$652K |
|
2172
Forrester Research
FORR
$232M
| $4.78M | ﹤0.01% |
163,409
+3,008
| +2% | +$114K |
|
2173
A10 Networks
ATEN
$2.02B
| $4.76M | ﹤0.01% |
767,285
+55,721
| +8% | +$356K |
|
2174
Ryanair
RYAAY
$31.3B
| $4.76M | ﹤0.01% |
224,258
+3,770
| +2% | +$119K |
|
2175
SFL Corp
SFL
$1.62B
| $4.75M | ﹤0.01% |
501,608
+72,909
| +17% | +$902K |
|
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.