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 | |
|---|---|---|---|---|---|---|
|
FARM
2601
DELISTED
Farmer Brothers
FARM
| $3.2M | ﹤0.01% |
121,394
+3,593
| +3% | +$103K |
|
|
MRT
2602
DELISTED
MedEquities Realty Trust, Inc.
MRT
| $3.2M | ﹤0.01% |
329,436
-12,735
| -4% | -$135K |
|
2603
Geron
GERN
$1.01B
| $3.2M | ﹤0.01% |
1,816,421
+211,315
| +13% | +$921K |
|
2604
HCI Group
HCI
$2.28B
| $3.19M | ﹤0.01% |
73,049
+2,792
| +4% | +$116K |
|
|
BOJA
2605
DELISTED
Bojangles', Inc. Common Stock
BOJA
| $3.19M | ﹤0.01% |
203,322
+18,086
| +10% | +$256K |
|
2606
Origin Bancorp
OBK
$1.67B
| $3.19M | ﹤0.01% |
84,775
+18,970
| +29% | +$757K |
|
|
TBRG
2607
DELISTED
TruBridge
TBRG
| $3.18M | ﹤0.01% |
118,607
+3,767
| +3% | +$110K |
|
|
PEO
2608
Adams Natural Resources Fund
PEO
$776M
| $3.18M | ﹤0.01% |
166,038
-33,858
| -17% | -$644K |
|
2609
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.79B
| – | – |
0
| – | – |
|
|
CCXI
2610
DELISTED
ChemoCentryx, Inc.
CCXI
| $3.17M | ﹤0.01% |
250,999
+18,271
| +8% | +$220K |
|
|
QTS.PRB
2611
DELISTED
QTS Realty Trust, Inc. 6.50% Series B Cumulative Convertible Perpetual Preferred Stock
QTS.PRB
| – | – |
0
| – | – |
|
2612
Global Indemnity Group
GBLI
$409M
| $3.17M | ﹤0.01% |
83,983
+2,913
| +4% | +$114K |
|
2613
Omega Flex
OFLX
$304M
| $3.15M | ﹤0.01% |
44,304
-7,958
| -15% | -$669K |
|
|
INSY
2614
DELISTED
Insys Therapeutics, Inc.
INSY
| $3.15M | ﹤0.01% |
312,250
+10,502
| +3% | +$83.8K |
|
|
CCRN
2615
DELISTED
Cross Country Healthcare
CCRN
| $3.15M | ﹤0.01% |
360,351
+19,063
| +6% | +$195K |
|
2616
Daktronics
DAKT
$997M
| $3.13M | ﹤0.01% |
399,916
-7,116
| -2% | -$58.5K |
|
|
FTSI
2617
DELISTED
FTS International, Inc. Common Stock
FTSI
| $3.13M | ﹤0.01% |
13,272
+1,905
| +17% | +$454K |
|
|
YELL
2618
DELISTED
Yellow Corporation Common Stock
YELL
| $3.1M | ﹤0.01% |
345,768
+37,288
| +12% | +$362K |
|
|
PHX
2619
DELISTED
PHX Minerals
PHX
| $3.1M | ﹤0.01% |
168,127
+6,449
| +4% | +$125K |
|
2620
A10 Networks
ATEN
$2B
| $3.1M | ﹤0.01% |
509,228
+37,046
| +8% | +$250K |
|
2621
Home Bancorp
HBCP
$567M
| $3.07M | ﹤0.01% |
70,625
+948
| +1% | +$43.1K |
|
|
BRT
2622
BRT Apartments
BRT
$268M
| $3.06M | ﹤0.01% |
253,997
+24,368
| +11% | +$314K |
|
|
EBTC
2623
DELISTED
Enterprise Bancorp
EBTC
| $3.05M | ﹤0.01% |
88,822
+3,312
| +4% | +$122K |
|
2624
Civista Bancshares
CIVB
$597M
| $3.05M | ﹤0.01% |
126,635
+44,358
| +54% | +$1.08M |
|
|
JCAP
2625
DELISTED
Jernigan Capital, Inc.
JCAP
| $3.04M | ﹤0.01% |
157,558
+15,648
| +11% | +$298K |
|
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.