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 | |
|---|---|---|---|---|---|---|
3376
QuickLogic
QUIK
$259M
| $569K | ﹤0.01% |
40,647
+1,777
| +5% | +$26.9K |
|
3377
Educational Development Corp
EDUC
$11.9M
| $568K | ﹤0.01% |
49,636
| – | – |
|
3378
Rafael Holdings
RFL
$99.8M
| $568K | ﹤0.01% |
68,639
+48
| +0.1% | +$438 |
|
|
RLJE
3379
DELISTED
RLJ Entertainment, Inc.
RLJE
| $568K | ﹤0.01% |
91,642
| – | – |
|
3380
SCYNEXIS
SCYX
$48.1M
| $564K | ﹤0.01% |
5,877
| – | – |
|
3381
The Joint Corp
JYNT
$121M
| $563K | ﹤0.01% |
65,890
-33,128
| -33% | -$280K |
|
|
FCRD
3382
DELISTED
First Eagle Alternative Capital BDC, Inc. Common Stock
FCRD
| $563K | ﹤0.01% |
69,781
-2,405
| -3% | -$19.9K |
|
3383
Teekay Tankers
TNK
$2.69B
| $556K | ﹤0.01% |
70,443
+8,573
| +14% | +$71.1K |
|
|
LOVE
3384
LoveSac
LOVE
$258M
| $553K | ﹤0.01% |
+22,169
| New | +$467K |
|
3385
Invesco Municipal Opportunity Trust
VMO
$663M
| $553K | ﹤0.01% |
48,344
-30,160
| -38% | -$355K |
|
3386
Transact Technologies
TACT
$59.4M
| $549K | ﹤0.01% |
38,158
-558
| -1% | -$7.49K |
|
|
ACCS
3387
ACCESS Newswire
ACCS
$20.8M
| $549K | ﹤0.01% |
35,897
| – | – |
|
|
KZR
3388
DELISTED
Kezar Life Sciences
KZR
| $548K | ﹤0.01% |
+2,561
| New | +$447K |
|
|
ORAN
3389
DELISTED
Orange
ORAN
| $548K | ﹤0.01% |
34,500
+4,297
| +14% | +$70.9K |
|
3390
United Bancorp
UBCP
$93M
| $547K | ﹤0.01% |
41,665
| – | – |
|
|
TEF
3391
DELISTED
Telefonica
TEF
| $544K | ﹤0.01% |
85,807
-11,464
| -12% | -$78.4K |
|
|
CEMI
3392
DELISTED
Chembio diagnostics, Inc.
CEMI
| $544K | ﹤0.01% |
51,859
| – | – |
|
3393
Sun Life Financial
SLF
$44.6B
| $540K | ﹤0.01% |
13,595
+2,418
| +22% | +$96.8K |
|
|
FSNN
3394
DELISTED
Fusion Connect, Inc. Common Stock
FSNN
| $540K | ﹤0.01% |
210,187
+17,035
| +9% | +$63.5K |
|
3395
Fresenius Medical Care
FMS
$12.7B
| $539K | ﹤0.01% |
10,487
+627
| +6% | +$31.4K |
|
3396
Fortress Biotech
FBIO
$86.7M
| $538K | ﹤0.01% |
22,449
+896
| +4% | +$28.7K |
|
3397
First Guaranty Bancshares
FGBI
$139M
| $538K | ﹤0.01% |
25,348
+2,245
| +10% | +$48.1K |
|
|
ADAP
3398
DELISTED
Adaptimmune Therapeutics
ADAP
| $537K | ﹤0.01% |
39,655
-1,482
| -4% | -$15.5K |
|
3399
Value Line
VALU
$375M
| $536K | ﹤0.01% |
21,559
+4,038
| +23% | +$95.2K |
|
3400
NatWest
NWG
$75.8B
| $535K | ﹤0.01% |
76,291
+8,723
| +13% | +$61.7K |
|
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.