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 | |
|---|---|---|---|---|---|---|
651
MarketAxess Holdings
MKTX
$5.72B
| $68.4M | 0.02% |
383,230
+13,549
| +4% | +$2.6M |
|
652
Rithm Capital
RITM
$5.66B
| $68.3M | 0.02% |
3,831,509
-255,082
| -6% | -$4.65M |
|
653
Lincoln Electric
LECO
$15.4B
| $68M | 0.02% |
728,208
+117,194
| +19% | +$10.8M |
|
654
News Corp Class A
NWSA
$15.3B
| $68M | 0.02% |
5,161,096
+93,561
| +2% | +$1.31M |
|
|
TMX
655
DELISTED
Terminix Global Holdings, Inc.
TMX
| $67.9M | 0.02% |
1,765,398
+50,980
| +3% | +$2.04M |
|
656
Coty
COTY
$2.51B
| $67.7M | 0.02% |
5,402,645
-44,234
| -0.8% | -$572K |
|
|
DATA
657
DELISTED
Tableau Software, Inc.
DATA
| $67.5M | 0.02% |
604,326
+30,005
| +5% | +$3.24M |
|
658
Booz Allen Hamilton
BAH
$9.43B
| $67.4M | 0.02% |
1,358,247
+56,556
| +4% | +$2.76M |
|
|
ACC
659
DELISTED
American Campus Communities, Inc.
ACC
| $67.4M | 0.02% |
1,637,598
+112,757
| +7% | +$4.72M |
|
660
Brown & Brown
BRO
$23.6B
| $67.3M | 0.02% |
2,274,599
+53,259
| +2% | +$1.58M |
|
|
PE
661
DELISTED
PARSLEY ENERGY INC
PE
| $67M | 0.02% |
2,293,211
+58,905
| +3% | +$1.75M |
|
|
EGN
662
DELISTED
Energen
EGN
| $66.9M | 0.02% |
775,942
-73,549
| -9% | -$5.6M |
|
663
Lamar Advertising Co
LAMR
$15.7B
| $66.6M | 0.02% |
855,776
+22,068
| +3% | +$1.64M |
|
664
Carlisle Companies
CSL
$15.5B
| $66.5M | 0.02% |
545,985
-1,175
| -0.2% | -$143K |
|
665
Teradyne
TER
$59.4B
| $66.5M | 0.02% |
1,797,351
-183,265
| -9% | -$7.38M |
|
666
Live Nation Entertainment
LYV
$43B
| $66.1M | 0.02% |
1,215,020
+37,411
| +3% | +$1.89M |
|
|
EV
667
DELISTED
Eaton Vance Corp.
EV
| $66.1M | 0.02% |
1,258,600
+26,814
| +2% | +$1.42M |
|
668
Insperity
NSP
$1.91B
| $66.1M | 0.02% |
560,444
+77,304
| +16% | +$8.4M |
|
669
Chemours
CC
$2.27B
| $66M | 0.02% |
1,675,680
+53,095
| +3% | +$2.32M |
|
|
ZAYO
670
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $66M | 0.02% |
1,902,629
+211,875
| +13% | +$7.73M |
|
671
MDU Resources
MDU
$4.33B
| $65.9M | 0.02% |
6,742,247
+1,291,048
| +24% | +$13.8M |
|
672
American Homes 4 Rent
AMH
$12.3B
| $65.8M | 0.02% |
3,007,862
+202,740
| +7% | +$4.58M |
|
673
Hubbell
HUBB
$27.1B
| $65.7M | 0.02% |
492,204
-16,205
| -3% | -$1.99M |
|
|
IDTI
674
DELISTED
Integrated Device Technology I
IDTI
| $65.7M | 0.02% |
1,398,297
+96,680
| +7% | +$3.74M |
|
|
BKI
675
DELISTED
Black Knight, Inc. Common Stock
BKI
| $65.7M | 0.02% |
1,264,838
+31,148
| +3% | +$1.67M |
|
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.