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
|
+$227M |
| 2 |
Microsoft
MSFT
|
+$183M |
| 3 |
Meta Platforms (Facebook)
META
|
+$179M |
| 4 |
PepsiCo
PEP
|
+$149M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$138M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BCR
CR Bard Inc.
BCR
|
+$243M |
| 2 |
LVLT
Level 3 Communications Inc
LVLT
|
+$163M |
| 3 |
KITE
Kite Pharma, Inc.
KITE
|
+$85.5M |
| 4 |
SFR
Starwood Waypoint Homes
SFR
|
+$45.3M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.85% |
| 2 | Financials | 16.38% |
| 3 | Healthcare | 13.22% |
| 4 | Industrials | 10.47% |
| 5 | Consumer Discretionary | 9.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FFKT
2576
DELISTED
Farmers Capital Bank Corp
FFKT
| $2.57M | ﹤0.01% |
66,669
+227
| +0.3% | +$9.39K |
|
|
ATRS
2577
DELISTED
Antares Pharma, Inc.
ATRS
| $2.55M | ﹤0.01% |
1,283,758
-26,073
| -2% | -$56.7K |
|
|
BSTC
2578
DELISTED
BioSpecifics Technologies Corp.
BSTC
| $2.55M | ﹤0.01% |
58,963
+5,160
| +10% | +$232K |
|
2579
Kura Oncology
KURA
$885M
| $2.55M | ﹤0.01% |
166,914
+3,255
| +2% | +$48K |
|
2580
Powell Industries
POWL
$7.77B
| $2.55M | ﹤0.01% |
267,105
-5,481
| -2% | -$52.4K |
|
|
VWTR
2581
DELISTED
Vidler Water Resouces, Inc. Common Stock
VWTR
| $2.55M | ﹤0.01% |
199,054
+2,458
| +1% | +$39.3K |
|
2582
Culp Inc
CULP
$43.7M
| $2.55M | ﹤0.01% |
76,006
+950
| +1% | +$29.9K |
|
2583
eHealth
EHTH
$39.1M
| $2.55M | ﹤0.01% |
146,612
+1,780
| +1% | +$39.8K |
|
|
ZOES
2584
DELISTED
Zoe's Kitchen, Inc.
ZOES
| $2.54M | ﹤0.01% |
152,252
+1,835
| +1% | +$25.7K |
|
2585
Citizens
CIA
$197M
| $2.53M | ﹤0.01% |
344,533
+5,708
| +2% | +$43.5K |
|
2586
Western New England Bancorp
WNEB
$281M
| $2.53M | ﹤0.01% |
232,282
+1,615
| +0.7% | +$17.2K |
|
2587
Galicia Financial Group
GGAL
$7.14B
| $2.53M | ﹤0.01% |
38,407
+1,149
| +3% | +$65.9K |
|
2588
Carvana
CVNA
$78.5B
| $2.52M | ﹤0.01% |
658,710
+13,940
| +2% | +$46.1K |
|
|
PBPB
2589
DELISTED
Potbelly
PBPB
| $2.51M | ﹤0.01% |
203,998
+1,590
| +0.8% | +$19.5K |
|
|
KEYW
2590
DELISTED
The KEYW Holding Corporation
KEYW
| $2.49M | ﹤0.01% |
424,402
+41,251
| +11% | +$258K |
|
|
GLDD
2591
DELISTED
Great Lakes Dredge & Dock
GLDD
| $2.49M | ﹤0.01% |
460,841
-5,420
| -1% | -$27.6K |
|
2592
Flotek Industries
FTK
$1.41B
| $2.49M | ﹤0.01% |
88,934
+14,916
| +20% | +$425K |
|
|
KREF
2593
KKR Real Estate Finance Trust
KREF
$485M
| $2.48M | ﹤0.01% |
124,102
+1,361
| +1% | +$28.2K |
|
2594
Ducommun
DCO
$3.05B
| $2.48M | ﹤0.01% |
87,258
+1,372
| +2% | +$41K |
|
|
DSKEW
2595
DELISTED
Daseke, Inc. Warrant
DSKEW
| $2.47M | ﹤0.01% |
1,212,351
+287,595
| +31% | +$486K |
|
2596
Pacific Biosciences
PACB
$342M
| $2.46M | ﹤0.01% |
932,575
+57,374
| +7% | +$201K |
|
|
BRT
2597
BRT Apartments
BRT
$267M
| $2.46M | ﹤0.01% |
208,311
| – | – |
|
2598
Green Brick Partners
GRBK
$3.02B
| $2.45M | ﹤0.01% |
217,146
+4,977
| +2% | +$54.7K |
|
2599
Mammoth Energy Services
TUSK
$162M
| $2.44M | ﹤0.01% |
124,307
+2,011
| +2% | +$36.6K |
|
2600
Barnes & Noble Education
BNED
$427M
| $2.44M | ﹤0.01% |
2,959
-186
| -6% | -$123K |
|
Similar funds
Geode Capital Management's Q4 2017 Portfolio in Review
As of Q4 2017, Geode Capital Management held 4,142 positions worth $294B, up 8.7% from $271B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Geode Capital Management's Q4 2017 filing shows 98 new, 2,556 increased, 827 reduced and 120 closed positions. Its largest new stake was Delphi Technologies PLC Ordinary Shares: 742,921 shares worth $39M. The largest sale was CR Bard Inc., an estimated $243M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q4 2017 buy was Delphi Technologies PLC Ordinary Shares: 742,921 shares worth $39M.
- Geode Capital Management added most to Apple in Q4 2017, an estimated $227M increase.
- Geode Capital Management's biggest Q4 2017 reduction was Goldman Sachs, cutting an estimated $23.7M.
- Geode Capital Management fully exited CR Bard Inc. in Q4 2017, selling an estimated $243M.
- Geode Capital Management's ten largest holdings make up 17% of its $294B portfolio in Q4 2017.
- Geode Capital Management opened 98 new positions and closed 120 in Q4 2017.
- Geode Capital Management's portfolio value rose 8.7% quarter-over-quarter to $294B.
Based on Geode Capital Management's 13F filing for Q4 2017, filed 13 Feb 2018.