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 | |
|---|---|---|---|---|---|---|
701
CubeSmart
CUBE
$9.22B
| $62.2M | 0.02% |
2,178,500
+11,654
| +0.5% | +$356K |
|
702
Ryman Hospitality Properties
RHP
$7.69B
| $61.9M | 0.02% |
718,089
+38,291
| +6% | +$3.27M |
|
703
Check Point Software Technologies
CHKP
$13.1B
| $61.9M | 0.02% |
526,470
+10,765
| +2% | +$1.22M |
|
704
Grand Canyon Education
LOPE
$3.78B
| $61.7M | 0.02% |
546,726
+80,254
| +17% | +$9.36M |
|
705
Twilio
TWLO
$39.2B
| $61.6M | 0.02% |
713,612
+54,190
| +8% | +$3.96M |
|
|
SAGE
706
DELISTED
Sage Therapeutics
SAGE
| $61.6M | 0.02% |
435,884
+653
| +0.2% | +$101K |
|
|
UFS
707
DELISTED
DOMTAR CORPORATION (New)
UFS
| $61.5M | 0.02% |
1,179,120
+51,895
| +5% | +$2.61M |
|
708
Arrow Electronics
ARW
$10.5B
| $61.3M | 0.02% |
831,570
-6,525
| -0.8% | -$501K |
|
709
Essential Utilities
WTRG
$11.3B
| $61.3M | 0.02% |
1,659,906
+27,881
| +2% | +$1.03M |
|
710
Teva Pharmaceuticals
TEVA
$42.5B
| $61.2M | 0.02% |
2,847,298
+149,549
| +6% | +$3.47M |
|
|
ATH
711
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $61.2M | 0.02% |
1,184,875
+14,449
| +1% | +$697K |
|
712
Bright Horizons
BFAM
$3.8B
| $61.1M | 0.02% |
518,188
+17,084
| +3% | +$1.93M |
|
713
Apple Hospitality REIT
APLE
$3.69B
| $60.9M | 0.02% |
3,482,731
-25,214
| -0.7% | -$448K |
|
|
ARRS
714
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $60.8M | 0.02% |
2,340,011
+230,685
| +11% | +$5.88M |
|
715
Starwood Property Trust
STWD
$6.23B
| $60.6M | 0.02% |
2,814,909
-264,417
| -9% | -$5.85M |
|
|
SBNY
716
DELISTED
Signature Bank
SBNY
| $60.6M | 0.02% |
528,330
+25,960
| +5% | +$3.06M |
|
|
PRAH
717
DELISTED
PRA Health Sciences, Inc.
PRAH
| $60.5M | 0.02% |
548,820
+63,662
| +13% | +$6.63M |
|
|
HPP
718
Hudson Pacific Properties
HPP
$729M
| $60.2M | 0.02% |
263,033
+16,492
| +7% | +$3.88M |
|
|
IRDMB
719
DELISTED
Iridium Communications Inc - 6.75% Series B
IRDMB
| – | – |
0
| – | – |
|
|
CTLT
720
DELISTED
CATALENT, INC.
CTLT
| $59.9M | 0.02% |
1,314,453
+138,988
| +12% | +$5.87M |
|
|
WBC
721
DELISTED
WABCO HOLDINGS INC.
WBC
| $59.7M | 0.02% |
506,907
+16,838
| +3% | +$2.03M |
|
|
BERY
722
DELISTED
Berry Global Group, Inc.
BERY
| $59.6M | 0.02% |
1,342,233
+28,425
| +2% | +$1.25M |
|
|
VISN
723
Vistance Networks Inc
VISN
$2.68B
| $59.6M | 0.02% |
1,938,827
+65,762
| +4% | +$2.02M |
|
724
Emcor
EME
$36B
| $59.5M | 0.02% |
792,488
+91,764
| +13% | +$7.08M |
|
|
MASI
725
DELISTED
Masimo
MASI
| $59.5M | 0.02% |
477,400
-2,534
| -0.5% | -$281K |
|
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.