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 | |
|---|---|---|---|---|---|---|
601
Old Republic International
ORI
$10.3B
| $77.3M | 0.02% |
3,454,774
-250,334
| -7% | -$5.4M |
|
602
Alnylam Pharmaceuticals
ALNY
$29B
| $77M | 0.02% |
880,763
+74,018
| +9% | +$7.45M |
|
603
PBF Energy
PBF
$7.86B
| $77M | 0.02% |
1,542,923
+23,593
| +2% | +$1.12M |
|
|
SCG
604
DELISTED
Scana
SCG
| $76.9M | 0.02% |
1,979,998
+64,652
| +3% | +$2.48M |
|
605
US Foods
USFD
$23.9B
| $76.8M | 0.02% |
2,493,341
+767,373
| +44% | +$26.5M |
|
606
Goodyear
GT
$1.74B
| $76.8M | 0.02% |
3,289,448
+44,587
| +1% | +$1.05M |
|
607
WEX
WEX
$6.35B
| $76.7M | 0.02% |
381,911
+39,712
| +12% | +$7.62M |
|
608
Five Below
FIVE
$13B
| $76.2M | 0.02% |
586,013
+35,053
| +6% | +$3.9M |
|
609
Middleby
MIDD
$5.89B
| $76M | 0.02% |
587,582
+14,698
| +3% | +$1.68M |
|
610
Nordson
NDSN
$17.2B
| $75.9M | 0.02% |
546,146
+53,045
| +11% | +$7.21M |
|
611
Wayfair
W
$14.1B
| $75.8M | 0.02% |
513,544
+119,245
| +30% | +$15.2M |
|
612
Graco
GGG
$13.5B
| $75.7M | 0.02% |
1,632,933
-40,683
| -2% | -$1.9M |
|
613
Alcoa
AA
$13.6B
| $75.6M | 0.02% |
1,871,568
+19,162
| +1% | +$833K |
|
614
ManpowerGroup
MAN
$2.63B
| $75.5M | 0.02% |
879,280
+54,365
| +7% | +$4.84M |
|
|
FCE.A
615
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $75.5M | 0.02% |
3,008,771
+214,744
| +8% | +$5.23M |
|
616
Invitation Homes
INVH
$17.8B
| $75.4M | 0.02% |
3,293,174
+224,800
| +7% | +$5.23M |
|
617
Encompass Health
EHC
$12.4B
| $75.3M | 0.02% |
1,213,799
+20,609
| +2% | +$1.25M |
|
618
United Therapeutics
UTHR
$22.7B
| $74.7M | 0.02% |
584,752
-2,435
| -0.4% | -$301K |
|
619
Paycom
PAYC
$9.62B
| $74.7M | 0.02% |
480,864
+14,953
| +3% | +$2.01M |
|
620
H&R Block
HRB
$5.82B
| $74.7M | 0.02% |
2,904,518
-140,173
| -5% | -$3.56M |
|
621
Assurant
AIZ
$14.2B
| $74.6M | 0.02% |
692,710
+12,842
| +2% | +$1.36M |
|
|
BLUE
622
DELISTED
bluebird bio
BLUE
| $74.4M | 0.02% |
39,323
+2,188
| +6% | +$4.52M |
|
623
Acuity Brands
AYI
$10.6B
| $74.4M | 0.02% |
473,312
-16,292
| -3% | -$2.34M |
|
|
WPX
624
DELISTED
WPX Energy, Inc.
WPX
| $73.8M | 0.02% |
3,669,427
+88,977
| +2% | +$1.65M |
|
625
Sensata Technologies
ST
$6.66B
| $73.8M | 0.02% |
1,489,771
-465
| -0% | -$24.3K |
|
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.