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 | |
|---|---|---|---|---|---|---|
2176
Imperial Oil
IMO
$60.5B
| $4.75M | ﹤0.01% |
420,870
+49,353
| +13% | +$1.03M |
|
2177
Artesian Resources
ARTNA
$356M
| $4.75M | ﹤0.01% |
126,992
+6,399
| +5% | +$234K |
|
|
PGNX
2178
DELISTED
Progenics Pharmaceuticals Inc
PGNX
| $4.75M | ﹤0.01% |
1,249,005
+79,170
| +7% | +$341K |
|
|
ODT
2179
DELISTED
Odonate Therapeutics, Inc. Common Stock
ODT
| $4.74M | ﹤0.01% |
171,704
+3,718
| +2% | +$108K |
|
|
KE
2180
Kimball Electronics
KE
$630M
| $4.74M | ﹤0.01% |
433,869
+4,531
| +1% | +$67.5K |
|
2181
First Mid Bancshares
FMBH
$1.37B
| $4.72M | ﹤0.01% |
199,065
+12,757
| +7% | +$382K |
|
2182
Inseego
INSG
$83.6M
| $4.71M | ﹤0.01% |
75,647
+6,037
| +9% | +$436K |
|
|
EVRI
2183
DELISTED
Everi Holdings
EVRI
| $4.71M | ﹤0.01% |
1,427,917
+72,844
| +5% | +$743K |
|
2184
VirnetX Holding Corp
VHC
$63.8M
| $4.7M | ﹤0.01% |
42,984
+2,494
| +6% | +$237K |
|
2185
The Bancorp
TBBK
$2.93B
| $4.7M | ﹤0.01% |
774,479
+21,881
| +3% | +$234K |
|
2186
Ameresco
AMRC
$1.38B
| $4.7M | ﹤0.01% |
275,989
+11,502
| +4% | +$227K |
|
|
TGI
2187
DELISTED
Triumph Group
TGI
| $4.69M | ﹤0.01% |
693,967
+42,214
| +6% | +$771K |
|
2188
Financial Institutions
FISI
$822M
| $4.69M | ﹤0.01% |
258,542
+10,086
| +4% | +$270K |
|
|
DHIL
2189
DELISTED
Diamond Hill
DHIL
| $4.68M | ﹤0.01% |
51,938
+2,169
| +4% | +$274K |
|
|
GTS
2190
DELISTED
Triple-S Management Corporation
GTS
| $4.68M | ﹤0.01% |
332,226
+29,783
| +10% | +$480K |
|
|
STEL
2191
DELISTED
Stellar Bancorp
STEL
| $4.68M | ﹤0.01% |
263,563
+18,922
| +8% | +$495K |
|
|
APTS
2192
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $4.68M | ﹤0.01% |
651,895
+59,404
| +10% | +$645K |
|
|
MTEM
2193
DELISTED
Molecular Templates, Inc.
MTEM
| $4.67M | ﹤0.01% |
23,430
+4,053
| +21% | +$887K |
|
2194
Farmers National Banc Corp
FMNB
$931M
| $4.66M | ﹤0.01% |
400,898
+54,200
| +16% | +$803K |
|
2195
Copa Holdings
CPA
$5.79B
| $4.64M | ﹤0.01% |
102,445
+3,752
| +4% | +$321K |
|
2196
Cameco
CCJ
$42.2B
| $4.63M | ﹤0.01% |
611,396
+64,115
| +12% | +$526K |
|
|
LGF.A
2197
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $4.63M | ﹤0.01% |
761,445
+50,247
| +7% | +$448K |
|
|
BRSP
2198
BrightSpire Capital
BRSP
$650M
| $4.62M | ﹤0.01% |
1,172,968
+86,635
| +8% | +$950K |
|
|
POLY
2199
DELISTED
Plantronics, Inc.
POLY
| $4.6M | ﹤0.01% |
456,874
+30,729
| +7% | +$574K |
|
2200
World Acceptance Corp
WRLD
$874M
| $4.57M | ﹤0.01% |
83,651
-3,414
| -4% | -$264K |
|
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.