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 |
Apple
AAPL
|
+$227M |
| 2 |
Microsoft
MSFT
|
+$183M |
| 3 |
Meta Platforms (Facebook)
META
|
+$179M |
| 4 |
PepsiCo
PEP
|
+$149M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$138M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BCR
CR Bard Inc.
BCR
|
+$243M |
| 2 |
LVLT
Level 3 Communications Inc
LVLT
|
+$163M |
| 3 |
KITE
Kite Pharma, Inc.
KITE
|
+$85.5M |
| 4 |
SFR
Starwood Waypoint Homes
SFR
|
+$45.3M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.85% |
| 2 | Financials | 16.38% |
| 3 | Healthcare | 13.22% |
| 4 | Industrials | 10.47% |
| 5 | Consumer Discretionary | 9.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
Liberty Media Series C
FWONK
$25.8B
| $60.5M | 0.02% |
1,832,633
+47,551
| +3% | +$1.72M |
|
|
EV
627
DELISTED
Eaton Vance Corp.
EV
| $60.4M | 0.02% |
1,071,518
+51,415
| +5% | +$2.72M |
|
628
Toro Company
TTC
$9.49B
| $60.3M | 0.02% |
924,897
+21,334
| +2% | +$1.35M |
|
629
Assurant
AIZ
$14.3B
| $60.3M | 0.02% |
599,203
+15,881
| +3% | +$1.57M |
|
630
Hubbell
HUBB
$27.2B
| $60.3M | 0.02% |
445,480
+23,510
| +6% | +$2.93M |
|
631
PTC
PTC
$16B
| $60.2M | 0.02% |
991,329
+15,465
| +2% | +$960K |
|
632
Essential Utilities
WTRG
$11.4B
| $60.2M | 0.02% |
1,535,047
+36,814
| +2% | +$1.34M |
|
|
COHR
633
DELISTED
Coherent Inc
COHR
| $59.8M | 0.02% |
211,722
+2,867
| +1% | +$798K |
|
634
Lazard
LAZ
$4.31B
| $59.5M | 0.02% |
1,132,559
+6,387
| +0.6% | +$306K |
|
635
Carlisle Companies
CSL
$15.4B
| $59.4M | 0.02% |
522,768
+4,478
| +0.9% | +$488K |
|
|
SCG
636
DELISTED
Scana
SCG
| $59.3M | 0.02% |
1,493,575
-6,484
| -0.4% | -$290K |
|
637
Neurocrine Biosciences
NBIX
$16.6B
| $59.2M | 0.02% |
762,835
+12,347
| +2% | +$842K |
|
638
Crown Holdings
CCK
$13.1B
| $59.1M | 0.02% |
1,052,286
+14,341
| +1% | +$848K |
|
|
SVC
639
Service Properties Trust
SVC
$1.07B
| $59.1M | 0.02% |
395,723
+8,277
| +2% | +$1.22M |
|
640
Brighthouse Financial
BHF
$3.5B
| $59M | 0.02% |
1,008,892
+32,153
| +3% | +$1.9M |
|
|
VER
641
DELISTED
VEREIT, Inc.
VER
| $58.8M | 0.02% |
1,510,243
+3,452
| +0.2% | +$138K |
|
642
Polaris
PII
$4.07B
| $58.6M | 0.02% |
472,552
+10,183
| +2% | +$1.21M |
|
643
Thor Industries
THO
$4.14B
| $58.5M | 0.02% |
388,362
+2,583
| +0.7% | +$359K |
|
|
GXP
644
DELISTED
Great Plains Energy Incorporated
GXP
| $58.5M | 0.02% |
1,813,517
+89,310
| +5% | +$2.94M |
|
|
PF
645
DELISTED
Pinnacle Foods, Inc.
PF
| $58.4M | 0.02% |
981,308
-7,381
| -0.7% | -$416K |
|
646
West Pharmaceutical
WST
$24.9B
| $58.3M | 0.02% |
591,138
+12,420
| +2% | +$1.22M |
|
647
NNN REIT
NNN
$8.99B
| $58.2M | 0.02% |
1,351,016
+96,265
| +8% | +$4.04M |
|
|
PACW
648
DELISTED
PacWest Bancorp
PACW
| $58.2M | 0.02% |
1,153,872
+81,103
| +8% | +$3.87M |
|
649
Lamar Advertising Co
LAMR
$16.3B
| $57.8M | 0.02% |
778,606
+9,109
| +1% | +$664K |
|
|
EXAS
650
DELISTED
Exact Sciences
EXAS
| $57.7M | 0.02% |
1,098,640
+24,614
| +2% | +$1.31M |
|
Similar funds
Geode Capital Management's Q4 2017 Portfolio in Review
As of Q4 2017, Geode Capital Management held 4,142 positions worth $294B, up 8.7% from $271B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Geode Capital Management's Q4 2017 filing shows 98 new, 2,556 increased, 827 reduced and 120 closed positions. Its largest new stake was Delphi Technologies PLC Ordinary Shares: 742,921 shares worth $39M. The largest sale was CR Bard Inc., an estimated $243M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q4 2017 buy was Delphi Technologies PLC Ordinary Shares: 742,921 shares worth $39M.
- Geode Capital Management added most to Apple in Q4 2017, an estimated $227M increase.
- Geode Capital Management's biggest Q4 2017 reduction was Goldman Sachs, cutting an estimated $23.7M.
- Geode Capital Management fully exited CR Bard Inc. in Q4 2017, selling an estimated $243M.
- Geode Capital Management's ten largest holdings make up 17% of its $294B portfolio in Q4 2017.
- Geode Capital Management opened 98 new positions and closed 120 in Q4 2017.
- Geode Capital Management's portfolio value rose 8.7% quarter-over-quarter to $294B.
Based on Geode Capital Management's 13F filing for Q4 2017, filed 13 Feb 2018.