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 | |
|---|---|---|---|---|---|---|
2401
Helix Energy Solutions
HLX
$1.44B
| $3.21M | ﹤0.01% |
1,958,905
+122,628
| +7% | +$808K |
|
2402
Vishay Precision Group
VPG
$919M
| $3.21M | ﹤0.01% |
159,905
+7,400
| +5% | +$217K |
|
2403
Angi Inc
ANGI
$206M
| $3.21M | ﹤0.01% |
61,128
+2,531
| +4% | +$188K |
|
|
MNRL
2404
DELISTED
Brigham Minerals, Inc. Class A Common Stock
MNRL
| $3.21M | ﹤0.01% |
387,753
+84,408
| +28% | +$1.28M |
|
|
EFC
2405
Ellington Financial
EFC
$1.7B
| $3.21M | ﹤0.01% |
561,368
+128,896
| +30% | +$2.01M |
|
|
OYST
2406
DELISTED
Oyster Point Pharma, Inc. Common Stock
OYST
| $3.2M | ﹤0.01% |
91,529
+21,038
| +30% | +$681K |
|
|
EBTC
2407
DELISTED
Enterprise Bancorp
EBTC
| $3.19M | ﹤0.01% |
118,342
+7,298
| +7% | +$216K |
|
2408
Southern First Bancshares
SFST
$599M
| $3.19M | ﹤0.01% |
112,357
+8,571
| +8% | +$319K |
|
|
ACRE
2409
Ares Commercial Real Estate
ACRE
$267M
| $3.18M | ﹤0.01% |
455,087
+95,216
| +26% | +$1.35M |
|
2410
BlackBerry
BB
$5.25B
| $3.18M | ﹤0.01% |
780,278
+51,334
| +7% | +$279K |
|
2411
HF Foods Group
HFFG
$80.2M
| $3.17M | ﹤0.01% |
377,646
+89,500
| +31% | +$1.43M |
|
2412
SAP
SAP
$239B
| $3.17M | ﹤0.01% |
28,647
+6,873
| +32% | +$867K |
|
2413
Cenovus Energy
CVE
$52.2B
| $3.16M | ﹤0.01% |
1,578,097
+104,496
| +7% | +$733K |
|
2414
Tucows
TCX
$161M
| $3.16M | ﹤0.01% |
65,564
+5,022
| +8% | +$281K |
|
2415
Kiniksa Pharmaceuticals
KNSA
$5.92B
| $3.16M | ﹤0.01% |
204,149
+13,631
| +7% | +$213K |
|
2416
Castle Biosciences
CSTL
$961M
| $3.15M | ﹤0.01% |
105,636
+46,901
| +80% | +$1.42M |
|
2417
National CineMedia
NCMI
$380M
| $3.12M | ﹤0.01% |
95,764
+7,732
| +9% | +$503K |
|
2418
International Money Express
IMXI
$364M
| $3.12M | ﹤0.01% |
341,378
+47,632
| +16% | +$500K |
|
2419
Donegal Group Class A
DGICA
$722M
| $3.1M | ﹤0.01% |
203,932
+14,507
| +8% | +$205K |
|
|
AMAG
2420
DELISTED
AMAG Pharmaceuticals
AMAG
| $3.09M | ﹤0.01% |
500,487
+25,861
| +5% | +$228K |
|
|
NOVA
2421
DELISTED
Sunnova Energy
NOVA
| $3.09M | ﹤0.01% |
306,944
+126,543
| +70% | +$1.74M |
|
|
CNBKA
2422
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $3.09M | ﹤0.01% |
49,640
+3,050
| +7% | +$241K |
|
2423
Carter Bankshares
CARE
$735M
| $3.09M | ﹤0.01% |
336,406
+39,527
| +13% | +$675K |
|
|
MRSN
2424
DELISTED
Mersana Therapeutics
MRSN
| $3.09M | ﹤0.01% |
21,192
+25
| +0.1% | +$4.37K |
|
2425
MarineMax
HZO
$783M
| $3.09M | ﹤0.01% |
296,209
+8,240
| +3% | +$134K |
|
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.