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 | |
|---|---|---|---|---|---|---|
2776
Ceco Environmental
CECO
$4.43B
| $2.27M | ﹤0.01% |
287,734
+16,847
| +6% | +$128K |
|
2777
Forestar Group
FOR
$1.49B
| $2.26M | ﹤0.01% |
106,491
+4,191
| +4% | +$99.1K |
|
|
WHLRD
2778
Wheeler Real Estate Investment Trust Series D Preferred Stock
WHLRD
$63.8M
| – | – |
0
| – | – |
|
|
PES
2779
DELISTED
Pioneer Energy Services Corp.
PES
| $2.25M | ﹤0.01% |
764,289
+21,814
| +3% | +$84.2K |
|
2780
Daily Journal
DJCO
$767M
| $2.25M | ﹤0.01% |
9,339
+470
| +5% | +$111K |
|
2781
RGC Resources
RGCO
$225M
| $2.25M | ﹤0.01% |
84,264
+2,538
| +3% | +$71.1K |
|
|
PVBC
2782
DELISTED
Provident Bancorp
PVBC
| $2.25M | ﹤0.01% |
156,993
-53,599
| -25% | -$740K |
|
|
BOCH
2783
DELISTED
Bank of Commerce Holdings (CA)
BOCH
| $2.25M | ﹤0.01% |
184,110
+5,626
| +3% | +$71.4K |
|
|
DSPG
2784
DELISTED
DSP Group Inc
DSPG
| $2.24M | ﹤0.01% |
188,046
+1,832
| +1% | +$22.7K |
|
|
GPX
2785
DELISTED
GP Strategies Corp.
GPX
| $2.23M | ﹤0.01% |
132,696
-9,069
| -6% | -$167K |
|
2786
Cushman & Wakefield Ltd
CWK
$3.24B
| $2.23M | ﹤0.01% |
+131,520
| New | +$2.35M |
|
2787
Dorian LPG
LPG
$1.91B
| $2.23M | ﹤0.01% |
279,838
+9,162
| +3% | +$71.4K |
|
2788
Union Bankshares
UNB
$120M
| $2.23M | ﹤0.01% |
41,962
+1,305
| +3% | +$68.6K |
|
2789
Culp Inc
CULP
$43.8M
| $2.22M | ﹤0.01% |
91,632
+6,594
| +8% | +$165K |
|
2790
Bristow Group
VTOL
$1.36B
| $2.21M | ﹤0.01% |
89,675
+3,361
| +4% | +$85.8K |
|
|
USAP
2791
DELISTED
Universal Stainless & Alloy
USAP
| $2.21M | ﹤0.01% |
86,684
+7,981
| +10% | +$220K |
|
|
ITIC
2792
Investors Title Co
ITIC
$530M
| $2.21M | ﹤0.01% |
13,140
+1,447
| +12% | +$269K |
|
|
PTVCB
2793
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $2.2M | ﹤0.01% |
95,871
+1,560
| +2% | +$36.7K |
|
|
NOAH
2794
Noah Holdings
NOAH
$588M
| $2.2M | ﹤0.01% |
52,552
+2,900
| +6% | +$132K |
|
2795
INNOVATE Corp
VATE
$105M
| $2.19M | ﹤0.01% |
35,861
+1,435
| +4% | +$86K |
|
2796
Gaia
GAIA
$30.8M
| $2.19M | ﹤0.01% |
142,280
+3,978
| +3% | +$71.4K |
|
2797
PAR Technology
PAR
$741M
| $2.19M | ﹤0.01% |
98,510
+5,658
| +6% | +$118K |
|
|
MFSF
2798
DELISTED
MutualFirst Financial Inc
MFSF
| $2.18M | ﹤0.01% |
59,159
+3,355
| +6% | +$128K |
|
2799
Norwood Financial Corp
NWFL
$376M
| $2.17M | ﹤0.01% |
55,421
+2,141
| +4% | +$80.2K |
|
2800
Aldeyra Therapeutics
ALDX
$91.7M
| $2.16M | ﹤0.01% |
156,335
+8,598
| +6% | +$69.8K |
|
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.