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 | |
|---|---|---|---|---|---|---|
326
F5
FFIV
$22.7B
| $204M | 0.06% |
1,022,685
+35,808
| +4% | +$6.55M |
|
327
Loews
L
$23.6B
| $202M | 0.06% |
4,034,554
+130,419
| +3% | +$6.54M |
|
328
lululemon athletica
LULU
$14.6B
| $202M | 0.06% |
1,243,295
+155,689
| +14% | +$21.3M |
|
|
LLL
329
DELISTED
L3 Technologies, Inc.
LLL
| $200M | 0.06% |
944,479
+15,240
| +2% | +$3.17M |
|
330
MSCI
MSCI
$40.9B
| $200M | 0.06% |
1,127,662
+68,038
| +6% | +$11.8M |
|
331
Gen Digital
GEN
$17.5B
| $199M | 0.06% |
9,377,242
+1,617,266
| +21% | +$32.9M |
|
332
NOV
NOV
$7B
| $199M | 0.06% |
4,619,564
+185,764
| +4% | +$8.31M |
|
333
Eastman Chemical
EMN
$8.42B
| $198M | 0.06% |
2,075,415
+93,007
| +5% | +$9.22M |
|
334
Mettler-Toledo International
MTD
$28.6B
| $198M | 0.06% |
325,566
+7,809
| +2% | +$4.59M |
|
335
Hershey
HSY
$36.6B
| $198M | 0.06% |
1,940,221
+60,686
| +3% | +$6M |
|
|
TSS
336
DELISTED
Total System Services, Inc.
TSS
| $197M | 0.06% |
1,993,968
-747
| -0% | -$70.3K |
|
337
Ameren
AEE
$30.1B
| $196M | 0.06% |
3,109,535
+306,298
| +11% | +$19.3M |
|
|
VIAB
338
DELISTED
Viacom Inc. Class B
VIAB
| $196M | 0.06% |
5,806,437
+1,020,423
| +21% | +$30.6M |
|
339
Cadence Design Systems
CDNS
$93.4B
| $195M | 0.05% |
4,299,988
+236,119
| +6% | +$10.7M |
|
|
CMA
340
DELISTED
Comerica
CMA
| $194M | 0.05% |
2,153,715
+42,959
| +2% | +$4.1M |
|
341
Take-Two Interactive
TTWO
$46.1B
| $194M | 0.05% |
1,406,813
+41,134
| +3% | +$5.25M |
|
342
T-Mobile US
TMUS
$190B
| $193M | 0.05% |
2,758,989
+22,794
| +0.8% | +$1.46M |
|
343
American Water Works
AWK
$26.9B
| $193M | 0.05% |
2,200,709
+99,278
| +5% | +$8.73M |
|
344
C.H. Robinson
CHRW
$17.5B
| $193M | 0.05% |
1,975,614
+40,711
| +2% | +$3.82M |
|
345
Alexandria Real Estate Equities
ARE
$8.56B
| $192M | 0.05% |
1,525,755
+134,150
| +10% | +$17M |
|
346
HF Sinclair
DINO
$14.5B
| $190M | 0.05% |
2,723,903
-42,699
| -2% | -$3.01M |
|
347
Dell
DELL
$293B
| $190M | 0.05% |
6,961,740
-6,083
| -0.1% | -$162K |
|
348
Waters Corp
WAT
$39.9B
| $189M | 0.05% |
974,641
+10,080
| +1% | +$1.95M |
|
349
Expedia Group
EXPE
$37.3B
| $189M | 0.05% |
1,454,003
+19,036
| +1% | +$2.47M |
|
350
Entergy
ETR
$50B
| $187M | 0.05% |
4,615,046
+134,428
| +3% | +$5.56M |
|
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.