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 | |
|---|---|---|---|---|---|---|
2226
Digi International
DGII
$3.1B
| $4.31M | ﹤0.01% |
452,257
+10,902
| +2% | +$151K |
|
|
DVAX
2227
DELISTED
Dynavax Technologies
DVAX
| $4.29M | ﹤0.01% |
1,216,365
+66,013
| +6% | +$306K |
|
2228
Ethan Allen Interiors
ETD
$601M
| $4.28M | ﹤0.01% |
418,330
-135,658
| -24% | -$1.98M |
|
2229
WisdomTree
WT
$3.26B
| $4.27M | ﹤0.01% |
1,831,489
+119,607
| +7% | +$463K |
|
2230
Stoke Therapeutics
STOK
$2.06B
| $4.26M | ﹤0.01% |
185,856
+66,139
| +55% | +$1.63M |
|
|
COWN
2231
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $4.26M | ﹤0.01% |
440,665
+51,099
| +13% | +$729K |
|
2232
Gildan
GIL
$10.9B
| $4.24M | ﹤0.01% |
334,813
+43,710
| +15% | +$1.05M |
|
|
BZUN
2233
Baozun
BZUN
$170M
| $4.24M | ﹤0.01% |
152,571
+13,460
| +10% | +$424K |
|
2234
Manitowoc
MTW
$705M
| $4.23M | ﹤0.01% |
497,868
+31,013
| +7% | +$405K |
|
2235
Ascendis Pharma A/S
ASND
$16.6B
| $4.21M | ﹤0.01% |
37,432
+4,785
| +15% | +$622K |
|
2236
EverQuote
EVER
$914M
| $4.21M | ﹤0.01% |
160,384
+12,736
| +9% | +$448K |
|
|
TVTY
2237
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $4.18M | ﹤0.01% |
665,214
+56,202
| +9% | +$907K |
|
|
USCR
2238
DELISTED
U S Concrete, Inc.
USCR
| $4.17M | ﹤0.01% |
229,920
+10,227
| +5% | +$315K |
|
2239
Teekay Tankers
TNK
$2.66B
| $4.17M | ﹤0.01% |
187,293
+2,375
| +1% | +$43.4K |
|
|
TBRG
2240
DELISTED
TruBridge
TBRG
| $4.16M | ﹤0.01% |
187,057
+9,991
| +6% | +$257K |
|
2241
Phathom Pharmaceuticals
PHAT
$678M
| $4.16M | ﹤0.01% |
160,927
+7,493
| +5% | +$250K |
|
|
APLT
2242
DELISTED
Applied Therapeutics
APLT
| $4.14M | ﹤0.01% |
126,696
+58,946
| +87% | +$2.38M |
|
|
DSSI
2243
DELISTED
Diamond S Shipping Inc. Common Shares
DSSI
| $4.14M | ﹤0.01% |
350,216
+65,131
| +23% | +$762K |
|
2244
Gates Industrial Corporation Ltd.
GTES
$7.21B
| $4.13M | ﹤0.01% |
559,795
-7,381
| -1% | -$81.9K |
|
2245
Seneca Foods Class A
SENEA
$1.14B
| $4.13M | ﹤0.01% |
103,858
+8,722
| +9% | +$321K |
|
|
GES
2246
DELISTED
Guess Inc
GES
| $4.11M | ﹤0.01% |
607,141
+33,334
| +6% | +$580K |
|
|
SHOE
2247
Shoe Station Group
SHOE
$428M
| $4.1M | ﹤0.01% |
394,588
-954
| -0.2% | -$15K |
|
2248
Cars.com
CARS
$704M
| $4.09M | ﹤0.01% |
950,480
+52,834
| +6% | +$510K |
|
|
ACBI
2249
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $4.08M | ﹤0.01% |
344,132
+24,015
| +8% | +$403K |
|
2250
CRA International
CRAI
$1.13B
| $4.08M | ﹤0.01% |
122,067
+5,263
| +5% | +$251K |
|
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.