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 | |
|---|---|---|---|---|---|---|
|
BRG
2701
DELISTED
Bluerock Residential Growth REIT, Inc.
BRG
| $2.62M | ﹤0.01% |
266,851
+8,842
| +3% | +$84.1K |
|
|
DNI
2702
DELISTED
Dividend and Income Fund
DNI
| $2.61M | ﹤0.01% |
219,051
-106,251
| -33% | -$1.3M |
|
2703
BlueLinx
BXC
$701M
| $2.61M | ﹤0.01% |
82,887
+7,491
| +10% | +$270K |
|
|
GRFS
2704
Grifois
GRFS
$5.4B
| $2.61M | ﹤0.01% |
122,157
+6,217
| +5% | +$131K |
|
|
RNET
2705
DELISTED
RigNet, Inc.
RNET
| $2.61M | ﹤0.01% |
128,187
+10,122
| +9% | +$152K |
|
|
IHC
2706
DELISTED
Independence Holding Company
IHC
| $2.6M | ﹤0.01% |
72,394
-44,871
| -38% | -$1.58M |
|
|
APTX
2707
DELISTED
Aptinyx Inc. Common Stock
APTX
| $2.59M | ﹤0.01% |
+89,550
| New | +$2.18M |
|
2708
Vitamin Cottage Natural Grocers
NGVC
$632M
| $2.59M | ﹤0.01% |
153,467
+62,885
| +69% | +$1.04M |
|
|
FPI
2709
Farmland Partners
FPI
$425M
| $2.59M | ﹤0.01% |
386,774
+54,599
| +16% | +$375K |
|
|
AVLR
2710
DELISTED
Avalara, Inc.
AVLR
| $2.59M | ﹤0.01% |
+74,143
| New | +$3.07M |
|
|
BELFB
2711
Bel Fuse Inc Class B
BELFB
$4.25B
| $2.58M | ﹤0.01% |
97,378
+6,665
| +7% | +$166K |
|
|
TAHO
2712
DELISTED
Tahoe Resources Inc
TAHO
| $2.57M | ﹤0.01% |
922,662
+107,442
| +13% | +$416K |
|
2713
Cadiz
CDZI
$292M
| $2.57M | ﹤0.01% |
230,743
+13,534
| +6% | +$165K |
|
2714
RBB Bancorp
RBB
$462M
| $2.57M | ﹤0.01% |
104,785
+9,011
| +9% | +$268K |
|
2715
Alliance Resource Partners
ARLP
$3.23B
| $2.56M | ﹤0.01% |
125,770
-29,683
| -19% | -$581K |
|
2716
Miller Industries
MLR
$643M
| $2.56M | ﹤0.01% |
95,339
+3,771
| +4% | +$101K |
|
|
CVON
2717
DELISTED
ConvergeOne Holdings, Inc. Class A Common Stock
CVON
| $2.55M | ﹤0.01% |
274,427
+50,980
| +23% | +$477K |
|
|
AAIC
2718
DELISTED
Arlington Asset Investment Corp.
AAIC
| $2.55M | ﹤0.01% |
273,406
-2,895
| -1% | -$29.5K |
|
|
SRGA
2719
DELISTED
Surgalign Holdings, Inc. Common Stock
SRGA
| $2.55M | ﹤0.01% |
18,878
+956
| +5% | +$132K |
|
2720
Citizens & Northern Corp
CZNC
$465M
| $2.54M | ﹤0.01% |
97,077
+4,062
| +4% | +$111K |
|
2721
Q32 Bio
QTTB
$458M
| $2.54M | ﹤0.01% |
6,170
+838
| +16% | +$285K |
|
|
PETX
2722
DELISTED
Aratana Therapeutics, Inc.
PETX
| $2.54M | ﹤0.01% |
434,361
+31,312
| +8% | +$156K |
|
2723
BGSF Inc
BGSF
$57.6M
| $2.53M | ﹤0.01% |
93,129
+22,778
| +32% | +$594K |
|
2724
Regional Management Corp
RM
$297M
| $2.53M | ﹤0.01% |
87,744
-2,300
| -3% | -$76.6K |
|
|
MCBC
2725
DELISTED
Macatawa Bank Corp
MCBC
| $2.53M | ﹤0.01% |
215,835
+24,992
| +13% | +$308K |
|
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.