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 | |
|---|---|---|---|---|---|---|
651
Oshkosh
OSK
$9.59B
| $57.7M | 0.02% |
634,963
-944
| -0.1% | -$82.7K |
|
|
FDC
652
DELISTED
First Data Corporation
FDC
| $57.5M | 0.02% |
3,442,910
+132,378
| +4% | +$2.27M |
|
653
Wabtec
WAB
$49.3B
| $57.5M | 0.02% |
706,020
+12,755
| +2% | +$975K |
|
|
ACC
654
DELISTED
American Campus Communities, Inc.
ACC
| $57.1M | 0.02% |
1,390,769
+63,190
| +5% | +$2.7M |
|
655
CubeSmart
CUBE
$9.41B
| $56.8M | 0.02% |
1,965,656
+252,171
| +15% | +$7.05M |
|
656
Jones Lang LaSalle
JLL
$16.7B
| $56.8M | 0.02% |
381,526
+5,426
| +1% | +$767K |
|
657
Fortinet
FTNT
$117B
| $56.7M | 0.02% |
6,493,585
+93,715
| +1% | +$764K |
|
|
DCT
658
DELISTED
DCT Industrial Trust Inc.
DCT
| $56.7M | 0.02% |
964,646
+51,058
| +6% | +$3.02M |
|
659
Jazz Pharmaceuticals
JAZZ
$16.7B
| $56.5M | 0.02% |
420,167
+10,295
| +3% | +$1.43M |
|
|
ZAYO
660
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $55.8M | 0.02% |
1,517,345
+57,392
| +4% | +$2.03M |
|
661
Axalta
AXTA
$8.17B
| $55.8M | 0.02% |
1,724,148
+18,606
| +1% | +$589K |
|
662
OGE Energy
OGE
$9.71B
| $55.6M | 0.02% |
1,692,126
+46,011
| +3% | +$1.63M |
|
|
LSXMK
663
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $55.6M | 0.02% |
1,843,040
-30,468
| -2% | -$966K |
|
664
American Homes 4 Rent
AMH
$12.5B
| $55.6M | 0.02% |
2,544,356
+259,318
| +11% | +$5.63M |
|
665
Service Corp International
SCI
$11.6B
| $55.5M | 0.02% |
1,488,444
+23,923
| +2% | +$856K |
|
|
CSRA
666
DELISTED
CSRA Inc.
CSRA
| $55.5M | 0.02% |
1,858,866
+71,840
| +4% | +$2.17M |
|
|
DHC
667
Diversified Healthcare Trust
DHC
$2.14B
| $55.4M | 0.02% |
2,895,527
+150,478
| +5% | +$2.88M |
|
|
PE
668
DELISTED
PARSLEY ENERGY INC
PE
| $55.4M | 0.02% |
1,882,692
+66,510
| +4% | +$1.78M |
|
669
RPM International
RPM
$15B
| $55.1M | 0.02% |
1,051,576
+12,367
| +1% | +$647K |
|
670
Liberty Global Class A
LBTYA
$3.6B
| $55.1M | 0.02% |
1,537,740
-81,007
| -5% | -$2.57M |
|
|
TMX
671
DELISTED
Terminix Global Holdings, Inc.
TMX
| $54.9M | 0.02% |
1,597,292
+18,670
| +1% | +$601K |
|
672
Starwood Property Trust
STWD
$6.09B
| $54.5M | 0.02% |
2,552,776
+223,876
| +10% | +$4.85M |
|
673
Curtiss-Wright
CW
$25.5B
| $54.5M | 0.02% |
447,170
+10,305
| +2% | +$1.22M |
|
|
ULTI
674
DELISTED
Ultimate Software Group Inc
ULTI
| $54.4M | 0.02% |
249,225
-2,393
| -1% | -$486K |
|
675
Ionis Pharmaceuticals
IONS
$9.4B
| $54M | 0.02% |
1,074,130
+24,499
| +2% | +$1.34M |
|
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.