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 | |
|---|---|---|---|---|---|---|
2326
REX American Resources
REX
$1.44B
| $3.64M | ﹤0.01% |
469,572
+9,240
| +2% | +$105K |
|
2327
Oppenheimer Holdings
OPY
$1.21B
| $3.64M | ﹤0.01% |
184,125
+11,191
| +6% | +$273K |
|
2328
Insteel Industries
IIIN
$630M
| $3.63M | ﹤0.01% |
274,081
+21,735
| +9% | +$431K |
|
2329
Lifecore Biomedical
LFCR
$185M
| $3.63M | ﹤0.01% |
417,788
+44,419
| +12% | +$462K |
|
2330
Voyager Therapeutics
VYGR
$196M
| $3.63M | ﹤0.01% |
396,316
+12,641
| +3% | +$145K |
|
|
KRA
2331
DELISTED
Kraton Corporation
KRA
| $3.62M | ﹤0.01% |
447,015
-49,822
| -10% | -$742K |
|
2332
SIGA Technologies
SIGA
$222M
| $3.6M | ﹤0.01% |
752,531
+53,475
| +8% | +$260K |
|
|
CALA
2333
DELISTED
Calithera Biosciences, Inc
CALA
| $3.59M | ﹤0.01% |
40,385
+7,017
| +21% | +$836K |
|
2334
Arbor Realty Trust
ABR
$996M
| $3.57M | ﹤0.01% |
728,967
+135,932
| +23% | +$1.66M |
|
2335
Astronics
ATRO
$3.73B
| $3.57M | ﹤0.01% |
466,324
-6,225
| -1% | -$112K |
|
2336
West Bancorporation
WTBA
$484M
| $3.56M | ﹤0.01% |
217,925
+6,949
| +3% | +$150K |
|
2337
TherapeuticsMD
TXMD
$23.8M
| $3.54M | ﹤0.01% |
66,865
+6,596
| +11% | +$654K |
|
2338
ACNB Corp
ACNB
$654M
| $3.54M | ﹤0.01% |
118,086
+35,384
| +43% | +$1.14M |
|
2339
Farmers & Merchants Bancorp
FMAO
$474M
| $3.53M | ﹤0.01% |
136,421
+7,065
| +5% | +$194K |
|
2340
Byline Bancorp
BY
$1.77B
| $3.53M | ﹤0.01% |
340,158
+31,633
| +10% | +$536K |
|
2341
Bar Harbor Bankshares
BHB
$670M
| $3.52M | ﹤0.01% |
203,955
+18,864
| +10% | +$402K |
|
2342
The RealReal
REAL
$1.5B
| $3.52M | ﹤0.01% |
502,725
+243,810
| +94% | +$3.32M |
|
|
TRUE
2343
DELISTED
TrueCar
TRUE
| $3.52M | ﹤0.01% |
1,456,107
+29,513
| +2% | +$99.8K |
|
|
BFYT
2344
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $3.52M | ﹤0.01% |
156,995
+8,880
| +6% | +$211K |
|
|
FRTA
2345
DELISTED
Forterra, Inc
FRTA
| $3.5M | ﹤0.01% |
585,692
-24,218
| -4% | -$277K |
|
2346
Dorian LPG
LPG
$1.92B
| $3.5M | ﹤0.01% |
402,058
+22,453
| +6% | +$265K |
|
2347
Koppers
KOP
$959M
| $3.5M | ﹤0.01% |
283,029
+1,799
| +0.6% | +$46.2K |
|
2348
Peoples Financial Services
PFIS
$708M
| $3.5M | ﹤0.01% |
88,089
+4,399
| +5% | +$200K |
|
|
CCRN
2349
DELISTED
Cross Country Healthcare
CCRN
| $3.5M | ﹤0.01% |
518,585
+32,676
| +7% | +$310K |
|
2350
iHeartMedia
IHRT
$593M
| $3.49M | ﹤0.01% |
478,022
+40,961
| +9% | +$602K |
|
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.