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 |
Amazon
AMZN
|
+$259M |
| 2 |
Marathon Petroleum
MPC
|
+$187M |
| 3 |
Microsoft
MSFT
|
+$155M |
| 4 |
Salesforce
CRM
|
+$141M |
| 5 |
Williams Companies
WMB
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$503M |
| 2 |
ANDV
Andeavor
ANDV
|
+$240M |
| 3 |
GGP
GGP Inc.
GGP
|
+$177M |
| 4 |
XL
XL Group Ltd.
XL
|
+$170M |
| 5 |
Spectrum Brands
SPB
|
+$98.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.64% |
| 2 | Financials | 15.33% |
| 3 | Healthcare | 14.16% |
| 4 | Consumer Discretionary | 10.41% |
| 5 | Industrials | 9.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Tejon Ranch
TRC
$441M
| $3.82M | ﹤0.01% |
175,845
+7,898
| +5% | +$180K |
|
2502
Park Aerospace
PKE
$828M
| $3.81M | ﹤0.01% |
195,626
+30,075
| +18% | +$654K |
|
|
MOBL
2503
DELISTED
MobileIron, Inc.
MOBL
| $3.8M | ﹤0.01% |
717,596
+94,181
| +15% | +$471K |
|
2504
Flexsteel Industries
FLXS
$301M
| $3.79M | ﹤0.01% |
127,660
+6,713
| +6% | +$239K |
|
2505
Lifecore Biomedical
LFCR
$181M
| $3.79M | ﹤0.01% |
263,469
+12,456
| +5% | +$172K |
|
2506
Titan International
TWI
$450M
| $3.79M | ﹤0.01% |
510,783
+55,832
| +12% | +$474K |
|
|
ASRT
2507
DELISTED
Assertio
ASRT
| $3.79M | ﹤0.01% |
10,735
+362
| +3% | +$158K |
|
|
FRBK
2508
DELISTED
Republic First Bancorp Inc
FRBK
| $3.79M | ﹤0.01% |
529,501
+14,694
| +3% | +$112K |
|
2509
SEACOR Marine Holdings
SMHI
$264M
| $3.77M | ﹤0.01% |
166,665
+7,044
| +4% | +$154K |
|
2510
Clean Energy Fuels
CLNE
$384M
| $3.77M | ﹤0.01% |
1,450,261
+152,515
| +12% | +$425K |
|
|
SWCH
2511
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $3.77M | ﹤0.01% |
348,710
+21,974
| +7% | +$264K |
|
2512
Digimarc Corp
DMRC
$167M
| $3.74M | ﹤0.01% |
118,998
+10,269
| +9% | +$302K |
|
2513
Ribbon Communications
RBBN
$372M
| $3.74M | ﹤0.01% |
547,845
+33,983
| +7% | +$242K |
|
|
BSTC
2514
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $3.74M | ﹤0.01% |
63,961
-589
| -0.9% | -$30.1K |
|
2515
Sterling Infrastructure
STRL
$16.8B
| $3.74M | ﹤0.01% |
261,069
+9,985
| +4% | +$142K |
|
2516
Greenlight Captial
GLRE
$505M
| $3.73M | ﹤0.01% |
300,771
+12,981
| +5% | +$172K |
|
|
RRD
2517
DELISTED
RR Donnelley & Sons Co.
RRD
| $3.71M | ﹤0.01% |
687,823
+27,274
| +4% | +$147K |
|
2518
KRONOS Worldwide
KRO
$905M
| $3.71M | ﹤0.01% |
228,217
-211,917
| -48% | -$4.33M |
|
|
BRS
2519
DELISTED
Bristow Group, Inc.
BRS
| $3.71M | ﹤0.01% |
305,621
+13,827
| +5% | +$171K |
|
|
AAMI
2520
Acadian Asset Management
AAMI
$3.27B
| $3.7M | ﹤0.01% |
298,273
+7,126
| +2% | +$93.6K |
|
2521
Byline Bancorp
BY
$1.78B
| $3.69M | ﹤0.01% |
162,813
+18,329
| +13% | +$421K |
|
2522
Spok Holdings
SPOK
$230M
| $3.69M | ﹤0.01% |
240,016
+14,221
| +6% | +$215K |
|
2523
CryoPort
CYRX
$750M
| $3.69M | ﹤0.01% |
288,014
+10,988
| +4% | +$157K |
|
2524
Winmark
WINA
$1.24B
| $3.69M | ﹤0.01% |
22,227
+1,055
| +5% | +$161K |
|
|
EGLE
2525
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $3.69M | ﹤0.01% |
93,792
+66,394
| +242% | +$2.52M |
|
Similar funds
Geode Capital Management's Q3 2018 Portfolio in Review
As of Q3 2018, Geode Capital Management held 4,213 positions worth $355B, up 9.1% from $325B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Geode Capital Management's Q3 2018 filing shows 147 new, 3,044 increased, 474 reduced and 91 closed positions. Its largest new stake was KKR & Co: 3,466,090 shares worth $94.5M. The largest sale was Apple, an estimated $503M.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q3 2018 buy was KKR & Co: 3,466,090 shares worth $94.5M.
- Geode Capital Management added most to Amazon in Q3 2018, an estimated $259M increase.
- Geode Capital Management's biggest Q3 2018 reduction was Apple, cutting an estimated $503M.
- Geode Capital Management fully exited GGP Inc. in Q3 2018, selling an estimated $177M.
- Geode Capital Management's ten largest holdings make up 18% of its $355B portfolio in Q3 2018.
- Geode Capital Management opened 147 new positions and closed 91 in Q3 2018.
- Geode Capital Management's portfolio value rose 9.1% quarter-over-quarter to $355B.
Based on Geode Capital Management's 13F filing for Q3 2018, filed 13 Nov 2018.