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 | |
|---|---|---|---|---|---|---|
|
ALBO
2651
DELISTED
Albireo Pharma Inc
ALBO
| $2.88M | ﹤0.01% |
87,512
+6,216
| +8% | +$203K |
|
2652
Atlanta Braves Holdings Series A
BATRA
$3.63B
| $2.88M | ﹤0.01% |
105,647
+1,491
| +1% | +$38.8K |
|
|
EGC
2653
DELISTED
Energy XXI Gulf Coast, Inc. Common Stock
EGC
| $2.88M | ﹤0.01% |
344,561
+33,829
| +11% | +$295K |
|
2654
Reading International Class A
RDI
$32.7M
| $2.87M | ﹤0.01% |
181,905
+5,368
| +3% | +$85.4K |
|
2655
Genco Shipping & Trading
GNK
$1.1B
| $2.87M | ﹤0.01% |
205,203
+21,665
| +12% | +$306K |
|
|
GNTY
2656
DELISTED
Guaranty Bancshares
GNTY
| $2.87M | ﹤0.01% |
104,282
+63,561
| +156% | +$1.84M |
|
|
MLNX
2657
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $2.86M | ﹤0.01% |
38,992
+899
| +2% | +$72.3K |
|
|
CET
2658
Central Securities Corp
CET
$1.63B
| $2.86M | ﹤0.01% |
96,860
-41,795
| -30% | -$1.21M |
|
2659
Western New England Bancorp
WNEB
$282M
| $2.85M | ﹤0.01% |
263,598
+8,849
| +3% | +$95.9K |
|
2660
El Pollo Loco
LOCO
$463M
| $2.84M | ﹤0.01% |
226,387
+10,271
| +5% | +$125K |
|
2661
Alpha and Omega Semiconductor
AOSL
$1.09B
| $2.83M | ﹤0.01% |
243,709
-15,978
| -6% | -$219K |
|
|
DFRG
2662
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $2.83M | ﹤0.01% |
340,398
+127,479
| +60% | +$1.27M |
|
|
CVIA
2663
DELISTED
Covia Holdings Corporation Common Stock
CVIA
| $2.82M | ﹤0.01% |
314,150
+11,094
| +4% | +$153K |
|
2664
Southern First Bancshares
SFST
$607M
| $2.81M | ﹤0.01% |
71,643
+2,437
| +4% | +$105K |
|
|
PTE
2665
DELISTED
PolarityTE, Inc. Common Stock
PTE
| $2.81M | ﹤0.01% |
5,892
+320
| +6% | +$185K |
|
2666
Goldgroup Mining Inc.
GORO
$211M
| $2.81M | ﹤0.01% |
546,428
-11,927
| -2% | -$69K |
|
2667
Lineage Cell Therapeutics
LCTX
$278M
| $2.8M | ﹤0.01% |
1,360,468
+32,962
| +2% | +$69.2K |
|
|
ATHX
2668
DELISTED
Athersys, Inc. Common Stock
ATHX
| $2.78M | ﹤0.01% |
53,034
+1,675
| +3% | +$83.1K |
|
2669
Northrim BanCorp
NRIM
$599M
| $2.78M | ﹤0.01% |
267,348
+9,928
| +4% | +$105K |
|
2670
Arq
ARQ
$100M
| $2.77M | ﹤0.01% |
232,044
+4,644
| +2% | +$53K |
|
|
CTO
2671
CTO Realty Growth
CTO
$819M
| $2.77M | ﹤0.01% |
163,886
+9,350
| +6% | +$158K |
|
2672
Business First Bancshares
BFST
$1.05B
| $2.77M | ﹤0.01% |
104,189
+78,872
| +312% | +$2.04M |
|
2673
Ardelyx
ARDX
$1.03B
| $2.77M | ﹤0.01% |
635,885
+109,102
| +21% | +$454K |
|
2674
Peoples Financial Services
PFIS
$714M
| $2.76M | ﹤0.01% |
65,199
+2,320
| +4% | +$106K |
|
2675
InflaRx
IFRX
$296M
| $2.75M | ﹤0.01% |
80,227
+42,599
| +113% | +$1.37M |
|
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.