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 | |
|---|---|---|---|---|---|---|
2676
Seres Therapeutics
MCRB
$46.6M
| $2.12M | ﹤0.01% |
10,470
+1,906
| +22% | +$392K |
|
|
GNMK
2677
DELISTED
GenMark Diagnostics, Inc
GNMK
| $2.12M | ﹤0.01% |
508,997
+48,320
| +10% | +$291K |
|
|
NEOS
2678
DELISTED
Neos Therapeutics, Inc
NEOS
| $2.12M | ﹤0.01% |
207,568
+31,861
| +18% | +$306K |
|
2679
Limoneira
LMNR
$254M
| $2.12M | ﹤0.01% |
94,462
+810
| +0.9% | +$18.8K |
|
|
AAAP
2680
DELISTED
Advanced Accelerator Applications S.A.
AAAP
| $2.11M | ﹤0.01% |
25,820
-4,926
| -16% | -$382K |
|
|
ESTE
2681
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $2.1M | ﹤0.01% |
197,680
+60,607
| +44% | +$571K |
|
2682
Foster
FSTR
$399M
| $2.1M | ﹤0.01% |
77,331
-984
| -1% | -$23.7K |
|
|
PENG
2683
Penguin Solutions Inc
PENG
$2.94B
| $2.1M | ﹤0.01% |
124,468
-56,784
| -31% | -$900K |
|
2684
Uranium Energy
UEC
$5.67B
| $2.09M | ﹤0.01% |
1,178,875
+18,774
| +2% | +$26.4K |
|
2685
Allient
ALNT
$1.94B
| $2.08M | ﹤0.01% |
94,596
-3,819
| -4% | -$77.6K |
|
|
MLNX
2686
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $2.08M | ﹤0.01% |
32,241
-19
| -0.1% | -$1K |
|
2687
TechTarget
TTGT
$271M
| $2.08M | ﹤0.01% |
149,597
+2,467
| +2% | +$32.1K |
|
2688
Regional Management Corp
RM
$292M
| $2.08M | ﹤0.01% |
79,114
-16,816
| -18% | -$411K |
|
|
BCOV
2689
DELISTED
Brightcove, Inc.
BCOV
| $2.07M | ﹤0.01% |
291,807
+5,307
| +2% | +$38.5K |
|
|
BKCC
2690
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $2.07M | ﹤0.01% |
332,434
+251,819
| +312% | +$1.73M |
|
2691
Century Casinos
CNTY
$34.3M
| $2.07M | ﹤0.01% |
226,521
+52,169
| +30% | +$454K |
|
2692
Digi International
DGII
$3.17B
| $2.06M | ﹤0.01% |
216,088
-7,394
| -3% | -$75.6K |
|
2693
RGC Resources
RGCO
$222M
| $2.04M | ﹤0.01% |
75,533
+786
| +1% | +$21.9K |
|
2694
China Yuchai International
CYD
$1.75B
| $2.04M | ﹤0.01% |
84,924
+20,437
| +32% | +$488K |
|
2695
Citizens & Northern Corp
CZNC
$459M
| $2.04M | ﹤0.01% |
84,918
-10,052
| -11% | -$251K |
|
|
MFSF
2696
DELISTED
MutualFirst Financial Inc
MFSF
| $2.04M | ﹤0.01% |
52,871
+735
| +1% | +$28.4K |
|
|
SRGA
2697
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $2.04M | ﹤0.01% |
16,550
+323
| +2% | +$44.4K |
|
|
VIA
2698
DELISTED
Viacom Inc. Class A
VIA
| $2.03M | ﹤0.01% |
58,267
+5,026
| +9% | +$167K |
|
2699
Union Bankshares
UNB
$120M
| $2.02M | ﹤0.01% |
38,159
+790
| +2% | +$39.7K |
|
2700
Preformed Line Products
PLPC
$2.35B
| $2.01M | ﹤0.01% |
28,345
+5,023
| +22% | +$373K |
|
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.