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 | |
|---|---|---|---|---|---|---|
|
MBCN
3151
DELISTED
Middlefield Banc Corp
MBCN
| $1.07M | ﹤0.01% |
45,638
+2,322
| +5% | +$57.4K |
|
|
KEG
3152
DELISTED
Key Energy Services, Inc. Common Stock
KEG
| $1.07M | ﹤0.01% |
93,944
+3,538
| +4% | +$51.7K |
|
3153
Adicet Bio
ACET
$77.1M
| $1.07M | ﹤0.01% |
633
+50
| +9% | +$65.2K |
|
3154
First United
FUNC
$293M
| $1.07M | ﹤0.01% |
56,913
+6,700
| +13% | +$131K |
|
3155
Sony
SONY
$138B
| $1.07M | ﹤0.01% |
87,995
+6,430
| +8% | +$70.8K |
|
3156
TSMC
TSM
$2.23T
| $1.06M | ﹤0.01% |
24,117
-4,421
| -15% | -$183K |
|
|
MPACU
3157
DELISTED
Matlin & Partners Acquisition Corporation Units
MPACU
| $1.06M | ﹤0.01% |
100,000
| – | – |
|
|
PCOM
3158
DELISTED
Points.com Inc. Common Shares
PCOM
| $1.05M | ﹤0.01% |
74,998
+19,060
| +34% | +$292K |
|
|
RJET
3159
Republic Airways Holdings
RJET
$936M
| $1.05M | ﹤0.01% |
+5,058
| New | +$1.03M |
|
3160
Radware
RDWR
$1.22B
| $1.05M | ﹤0.01% |
39,743
+3,063
| +8% | +$82.2K |
|
3161
Cue Biopharma
CUE
$116M
| $1.05M | ﹤0.01% |
3,868
+211
| +6% | +$61K |
|
|
MCF
3162
DELISTED
Contango Oil & Gas Co.
MCF
| $1.05M | ﹤0.01% |
169,826
+3,490
| +2% | +$20.7K |
|
3163
Canadian National Railway
CNI
$76.2B
| $1.05M | ﹤0.01% |
11,668
+567
| +5% | +$49.5K |
|
|
HOLI
3164
DELISTED
Hollsys Automation Technologies INTERNATIONAL, LTD. COMMON (British Virgin Island)
HOLI
| $1.05M | ﹤0.01% |
49,030
+2,394
| +5% | +$52.1K |
|
|
LITS
3165
Lite Strategy Inc
LITS
$31.6M
| $1.04M | ﹤0.01% |
12,027
+132
| +1% | +$10.8K |
|
|
NWY
3166
DELISTED
New York & Co Inc
NWY
| $1.04M | ﹤0.01% |
268,567
+24,816
| +10% | +$117K |
|
|
TGH
3167
DELISTED
Textainer Group Holdings limited
TGH
| $1.03M | ﹤0.01% |
80,910
+10,192
| +14% | +$150K |
|
3168
Ternium
TX
$10.7B
| $1.03M | ﹤0.01% |
+34,113
| New | +$1.08M |
|
|
XRM
3169
DELISTED
Xerium Technologies Inc (new)
XRM
| $1.03M | ﹤0.01% |
76,604
+18,339
| +31% | +$245K |
|
3170
Escalade
ESCA
$285M
| $1.03M | ﹤0.01% |
80,101
+3,500
| +5% | +$46.7K |
|
3171
Stagwell
STGW
$2.26B
| $1.02M | ﹤0.01% |
246,696
+14,720
| +6% | +$71.9K |
|
3172
Lee Enterprises
LEE
$180M
| $1.02M | ﹤0.01% |
38,592
+9,142
| +31% | +$269K |
|
|
GRX
3173
Gabelli Healthcare & Wellness Trust
GRX
$146M
| $1.01M | ﹤0.01% |
92,075
-91,594
| -50% | -$974K |
|
3174
LifeVantage
LFVN
$80.9M
| $1.01M | ﹤0.01% |
92,291
+1,914
| +2% | +$20.4K |
|
|
IEA
3175
DELISTED
Infrastructure and Energy Alternatives, Inc. Common Stock
IEA
| $1.01M | ﹤0.01% |
96,524
+6,206
| +7% | +$63.2K |
|
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.