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 | |
|---|---|---|---|---|---|---|
2451
Descartes Systems
DSGX
$6.68B
| $2.91M | ﹤0.01% |
84,718
+1,807
| +2% | +$75.1K |
|
2452
Preformed Line Products
PLPC
$2.26B
| $2.91M | ﹤0.01% |
58,405
+3,950
| +7% | +$209K |
|
|
CCRD
2453
DELISTED
CoreCard
CCRD
| $2.91M | ﹤0.01% |
85,568
+8,465
| +11% | +$317K |
|
|
HMHC
2454
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $2.91M | ﹤0.01% |
1,546,192
+100,953
| +7% | +$514K |
|
|
CPLG
2455
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $2.9M | ﹤0.01% |
738,618
+19,242
| +3% | +$152K |
|
|
NGM
2456
DELISTED
NGM Biopharmaceuticals, Inc. Common Stock
NGM
| $2.89M | ﹤0.01% |
234,788
+47,697
| +25% | +$779K |
|
2457
Select Water Solutions
WTTR
$2.84B
| $2.89M | ﹤0.01% |
893,680
+76,404
| +9% | +$485K |
|
2458
Spok Holdings
SPOK
$236M
| $2.87M | ﹤0.01% |
268,868
+2,719
| +1% | +$29.2K |
|
2459
Mercer International
MERC
$40.2M
| $2.86M | ﹤0.01% |
394,914
-6,118
| -2% | -$61.3K |
|
2460
RBB Bancorp
RBB
$450M
| $2.86M | ﹤0.01% |
208,354
+14,035
| +7% | +$251K |
|
|
CFB
2461
DELISTED
CrossFirst Bankshares, Inc. Common Stock
CFB
| $2.86M | ﹤0.01% |
340,127
+252,294
| +287% | +$3.04M |
|
|
HIBB
2462
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $2.85M | ﹤0.01% |
260,870
-2,086
| -0.8% | -$43.5K |
|
2463
National Bankshares
NKSH
$267M
| $2.85M | ﹤0.01% |
89,285
+6,258
| +8% | +$240K |
|
2464
Limoneira
LMNR
$250M
| $2.85M | ﹤0.01% |
217,192
+12,546
| +6% | +$226K |
|
2465
IMAX
IMAX
$2.7B
| $2.84M | ﹤0.01% |
314,303
+44,731
| +17% | +$708K |
|
2466
ProPetro Holding
PUMP
$1.35B
| $2.84M | ﹤0.01% |
1,134,934
+93,131
| +9% | +$748K |
|
|
AUD
2467
DELISTED
Audacy, Inc.
AUD
| $2.84M | ﹤0.01% |
1,659,050
+66,524
| +4% | +$242K |
|
|
BCEL
2468
DELISTED
Atreca, Inc. Class A Common Stock
BCEL
| $2.83M | ﹤0.01% |
171,116
+80,874
| +90% | +$1.47M |
|
2469
PagSeguro Digital
PAGS
$2.59B
| $2.82M | ﹤0.01% |
145,858
+32,939
| +29% | +$1M |
|
|
BWIN
2470
Baldwin Insurance Group
BWIN
$2.74B
| $2.81M | ﹤0.01% |
266,818
+38,423
| +17% | +$584K |
|
2471
Domo
DOMO
$183M
| $2.81M | ﹤0.01% |
282,975
+20,610
| +8% | +$415K |
|
2472
Pure Cycle
PCYO
$255M
| $2.81M | ﹤0.01% |
251,893
+48,739
| +24% | +$591K |
|
2473
KRONOS Worldwide
KRO
$912M
| $2.81M | ﹤0.01% |
332,502
+21,874
| +7% | +$230K |
|
|
CUTR
2474
DELISTED
Cutera, Inc.
CUTR
| $2.81M | ﹤0.01% |
214,826
+3,834
| +2% | +$96.8K |
|
2475
Old Second Bancorp
OSBC
$1.3B
| $2.8M | ﹤0.01% |
405,704
+29,385
| +8% | +$323K |
|
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.