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 | |
|---|---|---|---|---|---|---|
3026
Teekay
TK
$979M
| $1.05M | ﹤0.01% |
113,269
+2,777
| +3% | +$24K |
|
3027
CB Financial Services
CBFV
$190M
| $1.05M | ﹤0.01% |
34,610
| – | – |
|
3028
Ohio Valley Banc Corp
OVBC
$209M
| $1.05M | ﹤0.01% |
26,005
+655
| +3% | +$24.8K |
|
3029
Turning Point Brands
TPB
$1.79B
| $1.05M | ﹤0.01% |
49,585
+9,221
| +23% | +$163K |
|
|
BRACW
3030
DELISTED
Black Ridge Acquisition Corp. Warrant
BRACW
| $1.05M | ﹤0.01% |
+3,171,257
| New | +$908K |
|
3031
J. Jill
JILL
$278M
| $1.04M | ﹤0.01% |
31,938
+654
| +2% | +$18.2K |
|
3032
Royal Bank of Canada
RY
$293B
| $1.04M | ﹤0.01% |
12,784
| – | – |
|
3033
Amtech Systems
ASYS
$266M
| $1.04M | ﹤0.01% |
103,518
+8,713
| +9% | +$106K |
|
|
SHLO
3034
DELISTED
Shiloh Industries Inc
SHLO
| $1.04M | ﹤0.01% |
126,725
+22,230
| +21% | +$202K |
|
|
MRSN
3035
DELISTED
Mersana Therapeutics
MRSN
| $1.04M | ﹤0.01% |
2,527
+233
| +10% | +$102K |
|
|
FFNW
3036
DELISTED
First Financial Northwest, Inc
FFNW
| $1.04M | ﹤0.01% |
66,824
+1,229
| +2% | +$20.4K |
|
3037
Dr. Reddy's Laboratories
RDY
$10.4B
| $1.03M | ﹤0.01% |
140,175
-103,350
| -42% | -$744K |
|
|
ECYT
3038
DELISTED
Endocyte, Inc. Common Stock
ECYT
| $1.03M | ﹤0.01% |
241,498
+32,603
| +16% | +$155K |
|
|
NAGE
3039
Niagen Bioscience
NAGE
$239M
| $1.03M | ﹤0.01% |
175,437
| – | – |
|
|
JAX
3040
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $1.03M | ﹤0.01% |
106,374
+1,863
| +2% | +$19.3K |
|
|
QHC
3041
DELISTED
Quorum Health Corporation
QHC
| $1.03M | ﹤0.01% |
164,844
| – | – |
|
3042
Byline Bancorp
BY
$1.76B
| $1.03M | ﹤0.01% |
44,676
+32,104
| +255% | +$668K |
|
|
PKD
3043
DELISTED
Parker Drilling Company
PKD
| $1.03M | ﹤0.01% |
68,458
+183
| +0.3% | +$2.83K |
|
3044
Anavex Life Sciences
AVXL
$319M
| $1.02M | ﹤0.01% |
318,519
+7,740
| +2% | +$30.5K |
|
3045
First Northwest Bancorp
FNWB
$107M
| $1.02M | ﹤0.01% |
62,565
-5,675
| -8% | -$97.1K |
|
3046
Ambev
ABEV
$44.3B
| $1.02M | ﹤0.01% |
157,466
+7,808
| +5% | +$50K |
|
3047
Hawthorn Bancshares
HWBK
$275M
| $1.01M | ﹤0.01% |
61,901
| – | – |
|
|
PFBI
3048
DELISTED
Premier Financial Bancorp
PFBI
| $1.01M | ﹤0.01% |
63,138
+750
| +1% | +$12.1K |
|
|
CLPR
3049
Clipper Realty
CLPR
$47.2M
| $1.01M | ﹤0.01% |
101,471
+4,103
| +4% | +$43.4K |
|
3050
Liquidity Services
LQDT
$1.3B
| $1.01M | ﹤0.01% |
209,088
-5,253
| -2% | -$28.6K |
|
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.