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 | |
|---|---|---|---|---|---|---|
2351
Schrodinger
SDGR
$1.34B
| $3.49M | ﹤0.01% |
+80,988
| New | +$3.06M |
|
|
CORR
2352
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $3.48M | ﹤0.01% |
189,199
+12,429
| +7% | +$470K |
|
2353
Citizens & Northern Corp
CZNC
$453M
| $3.47M | ﹤0.01% |
173,728
+10,197
| +6% | +$248K |
|
|
ZIXI
2354
DELISTED
Zix Corporation
ZIXI
| $3.47M | ﹤0.01% |
805,476
+45,865
| +6% | +$309K |
|
|
GTT
2355
DELISTED
GTT Communications, Inc.
GTT
| $3.47M | ﹤0.01% |
436,403
+27,705
| +7% | +$335K |
|
2356
RGC Resources
RGCO
$228M
| $3.46M | ﹤0.01% |
119,494
+7,129
| +6% | +$193K |
|
|
PCSB
2357
DELISTED
PCSB Financial Corporation
PCSB
| $3.45M | ﹤0.01% |
246,439
+13,644
| +6% | +$246K |
|
2358
Motorcar Parts of America
MPAA
$261M
| $3.44M | ﹤0.01% |
273,884
+14,284
| +6% | +$261K |
|
2359
Daily Journal
DJCO
$792M
| $3.44M | ﹤0.01% |
15,075
+475
| +3% | +$125K |
|
2360
SI-BONE Inc
SIBN
$824M
| $3.42M | ﹤0.01% |
286,089
+85,497
| +43% | +$1.57M |
|
|
SCU
2361
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $3.41M | ﹤0.01% |
251,785
+32,029
| +15% | +$688K |
|
|
HCCI
2362
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $3.4M | ﹤0.01% |
209,606
+9,856
| +5% | +$250K |
|
2363
SoundThinking
SSTI
$101M
| $3.4M | ﹤0.01% |
123,662
+8,672
| +8% | +$261K |
|
|
RVI
2364
DELISTED
Retail Value Inc. Common Shares
RVI
| $3.4M | ﹤0.01% |
3,019,867
+140,211
| +5% | +$366K |
|
2365
Haverty Furniture Companies
HVT
$450M
| $3.39M | ﹤0.01% |
285,229
-40,431
| -12% | -$711K |
|
2366
Cato Corp
CATO
$65.7M
| $3.38M | ﹤0.01% |
316,959
+16,767
| +6% | +$254K |
|
|
SRNE
2367
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $3.37M | ﹤0.01% |
1,830,666
+120,452
| +7% | +$347K |
|
2368
Civista Bancshares
CIVB
$592M
| $3.34M | ﹤0.01% |
223,339
+25,071
| +13% | +$505K |
|
2369
Aprea Therapeutics
APRE
$8.3M
| $3.34M | ﹤0.01% |
4,806
+439
| +10% | +$322K |
|
2370
Park Aerospace
PKE
$816M
| $3.34M | ﹤0.01% |
265,082
+14,160
| +6% | +$208K |
|
2371
Fresenius Medical Care
FMS
$12.9B
| $3.34M | ﹤0.01% |
101,818
+24,595
| +32% | +$914K |
|
|
CAI
2372
DELISTED
CAI International, Inc.
CAI
| $3.34M | ﹤0.01% |
236,197
+17,285
| +8% | +$416K |
|
2373
Hurco Companies Inc
HURC
$142M
| $3.34M | ﹤0.01% |
114,701
+3,768
| +3% | +$113K |
|
2374
American Coastal Insurance
ACIC
$499M
| $3.33M | ﹤0.01% |
360,437
+21,854
| +6% | +$220K |
|
2375
PagerDuty
PD
$889M
| $3.33M | ﹤0.01% |
192,569
+9,755
| +5% | +$207K |
|
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.