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 | |
|---|---|---|---|---|---|---|
3101
Asure Software
ASUR
$241M
| $896K | ﹤0.01% |
63,463
| – | – |
|
|
DLA
3102
DELISTED
Delta Apparel Inc.
DLA
| $896K | ﹤0.01% |
44,359
+494
| +1% | +$10.3K |
|
|
MCF
3103
DELISTED
Contango Oil & Gas Co.
MCF
| $896K | ﹤0.01% |
190,281
+5,149
| +3% | +$19.7K |
|
|
VSI
3104
DELISTED
Vitamin Shoppe Inc.
VSI
| $894K | ﹤0.01% |
203,302
-92,077
| -31% | -$405K |
|
3105
Rocky Brands
RCKY
$364M
| $892K | ﹤0.01% |
47,231
-10,388
| -18% | -$178K |
|
3106
Enphase Energy
ENPH
$5.41B
| $891K | ﹤0.01% |
369,816
+92,084
| +33% | +$193K |
|
|
CFMS
3107
DELISTED
Conformis, Inc. Common Stock
CFMS
| $891K | ﹤0.01% |
14,990
-552
| -4% | -$44.1K |
|
|
TCP
3108
DELISTED
TC Pipelines LP
TCP
| $891K | ﹤0.01% |
16,793
-2,350
| -12% | -$124K |
|
|
ROX
3109
DELISTED
Castle Brands, Inc.
ROX
| $879K | ﹤0.01% |
720,815
+10,122
| +1% | +$12.6K |
|
3110
ENI
E
$79.4B
| $871K | ﹤0.01% |
26,262
-2,003
| -7% | -$66K |
|
3111
Cytosorbents Corp
CTSO
$22.7M
| $868K | ﹤0.01% |
133,562
+6,437
| +5% | +$40.9K |
|
3112
Sabesp
SBS
$18.3B
| $867K | ﹤0.01% |
428,383
+104,574
| +32% | +$201K |
|
|
LEAF
3113
DELISTED
Leaf Group Ltd.
LEAF
| $867K | ﹤0.01% |
87,634
+2,931
| +3% | +$22.9K |
|
3114
AllianceBernstein
AB
$3.45B
| $863K | ﹤0.01% |
+34,480
| New | +$871K |
|
|
EPE
3115
DELISTED
EP Energy Corporation
EPE
| $863K | ﹤0.01% |
365,712
+4,485
| +1% | +$10.7K |
|
|
FCCY
3116
DELISTED
1st Constitution Bancorp
FCCY
| $859K | ﹤0.01% |
46,592
| – | – |
|
3117
Escalade
ESCA
$294M
| $855K | ﹤0.01% |
69,541
+3,000
| +5% | +$39.9K |
|
|
IO
3118
DELISTED
ION Geophysical Corporation
IO
| $848K | ﹤0.01% |
42,987
-14,276
| -25% | -$179K |
|
3119
Genco Shipping & Trading
GNK
$1.09B
| $847K | ﹤0.01% |
63,619
+872
| +1% | +$10.5K |
|
|
FCRD
3120
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
| $847K | ﹤0.01% |
93,669
+22,488
| +32% | +$208K |
|
3121
Alico
ALCO
$290M
| $845K | ﹤0.01% |
28,662
+355
| +1% | +$11.5K |
|
|
DCM
3122
DELISTED
NTT DOCOMO, Inc.
DCM
| $844K | ﹤0.01% |
35,535
+6,895
| +24% | +$168K |
|
|
CSTR
3123
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $843K | ﹤0.01% |
40,629
+1,352
| +3% | +$28K |
|
3124
Ampco-Pittsburgh
AP
$176M
| $842K | ﹤0.01% |
67,981
+1,177
| +2% | +$17.8K |
|
3125
WPP
WPP
$5.76B
| $842K | ﹤0.01% |
9,304
-6,307
| -40% | -$559K |
|
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.