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 | |
|---|---|---|---|---|---|---|
3301
Comstock Resources
CRK
$4.16B
| $712K | ﹤0.01% |
85,053
-24,236
| -22% | -$227K |
|
3302
Ardmore Shipping
ASC
$677M
| $711K | ﹤0.01% |
109,489
+14,053
| +15% | +$99.2K |
|
|
IVAC
3303
DELISTED
Intevac Inc
IVAC
| $711K | ﹤0.01% |
136,793
-216
| -0.2% | -$1.1K |
|
3304
Lloyds Banking Group
LYG
$90B
| $708K | ﹤0.01% |
233,317
-18,198
| -7% | -$58.3K |
|
|
GGZ
3305
Gabelli Global Small and Mid-Cap Value Trust
GGZ
$128M
| $706K | ﹤0.01% |
57,934
+1,875
| +3% | +$22.9K |
|
|
NXJ
3306
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $705K | ﹤0.01% |
54,934
+438
| +0.8% | +$5.71K |
|
3307
Victory Capital Holdings
VCTR
$7.02B
| $700K | ﹤0.01% |
73,393
+1,658
| +2% | +$16.3K |
|
|
ZN
3308
DELISTED
Zion Oil & Gas, Inc.
ZN
| $699K | ﹤0.01% |
546,585
+41,976
| +8% | +$98K |
|
3309
Esquire Financial Holdings
ESQ
$1.15B
| $697K | ﹤0.01% |
27,947
+9,968
| +55% | +$255K |
|
3310
Transcat
TRNS
$907M
| $697K | ﹤0.01% |
30,504
+2,175
| +8% | +$49.5K |
|
|
INDUW
3311
DELISTED
Industrea Acquisition Corp. Warrant
INDUW
| $693K | ﹤0.01% |
+700,000
| New | +$545K |
|
|
VOXX
3312
DELISTED
VOXX International Corporation Class A
VOXX
| $691K | ﹤0.01% |
132,903
-728
| -0.5% | -$3.92K |
|
|
CEO
3313
DELISTED
CNOOC Limited
CEO
| $691K | ﹤0.01% |
+3,503
| New | +$594K |
|
|
NVMI
3314
Nova
NVMI
$13B
| $684K | ﹤0.01% |
26,031
-546
| -2% | -$15.1K |
|
|
CUK
3315
DELISTED
Carnival PLC
CUK
| $680K | ﹤0.01% |
10,783
-649
| -6% | -$39.1K |
|
3316
Canadian Pacific Kansas City
CP
$81.1B
| $677K | ﹤0.01% |
15,980
+1,120
| +8% | +$44.8K |
|
3317
ORIX
IX
$43.9B
| $677K | ﹤0.01% |
41,800
+9,135
| +28% | +$147K |
|
|
RGT
3318
Royce Global Value Trust
RGT
$101M
| $676K | ﹤0.01% |
64,361
+2,977
| +5% | +$31.4K |
|
3319
Rush Enterprises Class B
RUSHB
$9.16B
| $673K | ﹤0.01% |
38,009
+5,555
| +17% | +$108K |
|
|
SOHU
3320
Sohu.com
SOHU
$368M
| $673K | ﹤0.01% |
33,882
+2,556
| +8% | +$64.9K |
|
|
WBK
3321
DELISTED
Westpac Banking Corporation
WBK
| $666K | ﹤0.01% |
33,290
-3,816
| -10% | -$80.7K |
|
3322
Celsius Holdings
CELH
$6.86B
| $663K | ﹤0.01% |
494,061
+48,513
| +11% | +$71.5K |
|
|
CYOU
3323
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $661K | ﹤0.01% |
50,164
+23,298
| +87% | +$335K |
|
|
SPNS
3324
DELISTED
Sapiens International
SPNS
| $659K | ﹤0.01% |
49,943
+762
| +2% | +$8.45K |
|
3325
Nature's Sunshine
NATR
$290M
| $657K | ﹤0.01% |
75,174
+2,597
| +4% | +$22.9K |
|
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.