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 | |
|---|---|---|---|---|---|---|
|
CETV
2201
DELISTED
Central European Media Enterprises Ltd
CETV
| $4.56M | ﹤0.01% |
1,457,301
+167,734
| +13% | +$685K |
|
|
RST
2202
DELISTED
ROSETTA STONE INC
RST
| $4.56M | ﹤0.01% |
325,279
+37,622
| +13% | +$631K |
|
2203
FRP Holdings
FRPH
$422M
| $4.55M | ﹤0.01% |
211,852
+14,310
| +7% | +$333K |
|
2204
CRH
CRH
$66.4B
| $4.55M | ﹤0.01% |
169,422
+32,987
| +24% | +$1.13M |
|
2205
Miller Industries
MLR
$610M
| $4.53M | ﹤0.01% |
160,257
+13,416
| +9% | +$433K |
|
2206
Progyny
PGNY
$2.27B
| $4.53M | ﹤0.01% |
213,706
-16,281
| -7% | -$447K |
|
2207
Viking Therapeutics
VKTX
$3.89B
| $4.53M | ﹤0.01% |
966,914
+58,399
| +6% | +$359K |
|
|
BDSI
2208
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $4.47M | ﹤0.01% |
1,179,499
+54,545
| +5% | +$268K |
|
2209
Winmark
WINA
$1.32B
| $4.46M | ﹤0.01% |
35,027
+1,702
| +5% | +$319K |
|
2210
Independent Bank Corp
IBCP
$846M
| $4.46M | ﹤0.01% |
346,223
-12,981
| -4% | -$252K |
|
2211
Omega Flex
OFLX
$314M
| $4.45M | ﹤0.01% |
52,720
+1,499
| +3% | +$136K |
|
2212
Customers Bancorp
CUBI
$2.78B
| $4.45M | ﹤0.01% |
406,873
+17,820
| +5% | +$345K |
|
|
WNS
2213
DELISTED
WNS Holdings
WNS
| $4.44M | ﹤0.01% |
103,263
+21,436
| +26% | +$1.37M |
|
|
DSPG
2214
DELISTED
DSP Group Inc
DSPG
| $4.42M | ﹤0.01% |
329,783
+16,306
| +5% | +$234K |
|
2215
SunCoke Energy
SXC
$800M
| $4.41M | ﹤0.01% |
1,145,605
+73,970
| +7% | +$375K |
|
2216
BioCryst Pharmaceuticals
BCRX
$2.4B
| $4.41M | ﹤0.01% |
2,203,678
+293,274
| +15% | +$807K |
|
|
IOTS
2217
DELISTED
Adesto Technologies Corp
IOTS
| $4.4M | ﹤0.01% |
393,084
+19,600
| +5% | +$187K |
|
2218
Citizens
CIA
$218M
| $4.39M | ﹤0.01% |
674,005
+48,747
| +8% | +$301K |
|
2219
Cue Biopharma
CUE
$116M
| $4.38M | ﹤0.01% |
10,286
+1,512
| +17% | +$733K |
|
2220
Global Industrial
GIC
$1.49B
| $4.37M | ﹤0.01% |
246,408
+2,193
| +0.9% | +$47.6K |
|
|
SWTX
2221
DELISTED
SpringWorks Therapeutics
SWTX
| $4.34M | ﹤0.01% |
160,613
+29,016
| +22% | +$946K |
|
2222
Elbit Systems
ESLT
$39.9B
| $4.33M | ﹤0.01% |
33,937
+1,037
| +3% | +$152K |
|
2223
Children's Place
PLCE
$60.3M
| $4.33M | ﹤0.01% |
221,606
+8,207
| +4% | +$435K |
|
2224
Bank First Corp
BFC
$1.71B
| $4.33M | ﹤0.01% |
77,373
+4,795
| +7% | +$295K |
|
2225
MacroGenics
MGNX
$252M
| $4.33M | ﹤0.01% |
743,518
+52,516
| +8% | +$477K |
|
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.