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 | |
|---|---|---|---|---|---|---|
|
NVO
2926
Novo Nordisk
NVO
$203B
| $1.74M | ﹤0.01% |
73,764
+8,424
| +13% | +$206K |
|
|
PWOD
2927
DELISTED
Penns Woods Bancorp
PWOD
| $1.73M | ﹤0.01% |
59,768
+2,676
| +5% | +$80.5K |
|
2928
Scorpio Tankers
STNG
$3.81B
| $1.73M | ﹤0.01% |
86,118
+9,252
| +12% | +$201K |
|
2929
Evolus
EOLS
$536M
| $1.73M | ﹤0.01% |
92,715
+47,766
| +106% | +$1.03M |
|
|
LBC
2930
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $1.73M | ﹤0.01% |
158,729
+26,243
| +20% | +$295K |
|
|
FONR
2931
DELISTED
Fonar
FONR
| $1.73M | ﹤0.01% |
69,303
+7,533
| +12% | +$197K |
|
2932
Crinetics Pharmaceuticals
CRNX
$8.96B
| $1.72M | ﹤0.01% |
+60,115
| New | +$1.78M |
|
2933
Nomad Foods
NOMD
$1.59B
| $1.72M | ﹤0.01% |
+84,950
| New | +$1.68M |
|
2934
NI Holdings
NODK
$314M
| $1.72M | ﹤0.01% |
101,955
+2,914
| +3% | +$48.7K |
|
2935
Fidelity D&D Bancorp
FDBC
$322M
| $1.72M | ﹤0.01% |
24,912
+17,556
| +239% | +$1.09M |
|
2936
Seres Therapeutics
MCRB
$47.4M
| $1.72M | ﹤0.01% |
11,315
-5
| -0% | -$809 |
|
|
ZUO
2937
DELISTED
Zuora, Inc.
ZUO
| $1.72M | ﹤0.01% |
74,307
+1,085
| +1% | +$28.9K |
|
2938
Acacia Research
ACTG
$455M
| $1.72M | ﹤0.01% |
536,375
+18,693
| +4% | +$69.5K |
|
|
TLND
2939
DELISTED
Talend S.A. American Depositary Shares
TLND
| $1.71M | ﹤0.01% |
24,598
+2,263
| +10% | +$142K |
|
2940
Globalstar
GSAT
$10.8B
| $1.71M | ﹤0.01% |
224,651
+40,440
| +22% | +$302K |
|
|
TCS
2941
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $1.71M | ﹤0.01% |
10,279
+47
| +0.5% | +$7.02K |
|
2942
AMES National
ATLO
$281M
| $1.71M | ﹤0.01% |
62,759
+2,738
| +5% | +$82K |
|
|
PFBI
2943
DELISTED
Premier Financial Bancorp
PFBI
| $1.71M | ﹤0.01% |
92,520
+4,256
| +5% | +$82.3K |
|
|
CLD
2944
DELISTED
Cloud Peak Energy Inc
CLD
| $1.7M | ﹤0.01% |
741,514
+30,735
| +4% | +$82.7K |
|
|
SFE
2945
DELISTED
Safeguard Scientifics, Inc.
SFE
| $1.7M | ﹤0.01% |
181,980
+12,168
| +7% | +$132K |
|
2946
Adams Diversified Equity Fund
ADX
$3.31B
| $1.7M | ﹤0.01% |
101,955
-44,535
| -30% | -$720K |
|
|
AGEN
2947
Agenus
AGEN
$311M
| $1.7M | ﹤0.01% |
40,368
-2,176
| -5% | -$85.6K |
|
|
MNTX
2948
DELISTED
Manitex International, Inc.
MNTX
| $1.69M | ﹤0.01% |
160,169
+20,642
| +15% | +$240K |
|
|
PVLA
2949
Palvella Therapeutics
PVLA
$2.23B
| $1.68M | ﹤0.01% |
3,750
+160
| +4% | +$69.5K |
|
2950
Princeton Bancorp
BPRN
$295M
| $1.68M | ﹤0.01% |
54,859
+16,407
| +43% | +$547K |
|
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.