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 | |
|---|---|---|---|---|---|---|
|
PRAH
776
DELISTED
PRA Health Sciences, Inc.
PRAH
| $43.2M | 0.01% |
474,064
+2,012
| +0.4% | +$167K |
|
777
Range Resources
RRC
$8.95B
| $43M | 0.01% |
2,528,305
+97,843
| +4% | +$1.76M |
|
778
MGIC Investment
MTG
$6.25B
| $43M | 0.01% |
3,048,652
+38,833
| +1% | +$546K |
|
779
Navient
NAVI
$853M
| $43M | 0.01% |
3,232,202
-272,674
| -8% | -$3.44M |
|
780
Bio-Rad Laboratories Class A
BIO
$9.42B
| $43M | 0.01% |
180,101
+5,819
| +3% | +$1.41M |
|
781
GoDaddy
GDDY
$11.5B
| $42.9M | 0.01% |
853,870
+177,435
| +26% | +$8.41M |
|
782
Valvoline
VVV
$4.51B
| $42.9M | 0.01% |
1,713,048
+25,774
| +2% | +$623K |
|
783
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $42.8M | 0.01% |
646,184
+5,327
| +0.8% | +$354K |
|
|
ZIONW
784
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $42.7M | 0.01% |
2,273,390
+385,732
| +20% | +$6.23M |
|
785
Entegris
ENTG
$23.2B
| $42.7M | 0.01% |
1,402,887
+50,809
| +4% | +$1.56M |
|
786
National Fuel Gas
NFG
$7.65B
| $42.7M | 0.01% |
777,446
+21,339
| +3% | +$1.22M |
|
787
Vistra
VST
$47.4B
| $42.6M | 0.01% |
2,326,725
+18,852
| +0.8% | +$353K |
|
788
Evercore
EVR
$11.8B
| $42.4M | 0.01% |
470,946
-46,723
| -9% | -$3.9M |
|
789
Hancock Whitney
HWC
$6.24B
| $42.2M | 0.01% |
852,161
+83,542
| +11% | +$4.13M |
|
|
LSI
790
DELISTED
Life Storage, Inc.
LSI
| $42.1M | 0.01% |
708,233
+19,086
| +3% | +$1.1M |
|
|
MIC
791
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $42M | 0.01% |
655,196
+21,566
| +3% | +$1.46M |
|
792
Pediatrix Medical
MD
$2.2B
| $42M | 0.01% |
786,309
-2,051
| -0.3% | -$96.8K |
|
|
CHK
793
DELISTED
Chesapeake Energy Corporation
CHK
| $42M | 0.01% |
53,122
+1,884
| +4% | +$1.47M |
|
794
Federated Hermes
FHI
$4.72B
| $42M | 0.01% |
1,163,345
-31,560
| -3% | -$1.02M |
|
|
MPT
795
Medical Properties Trust
MPT
$2.81B
| $41.8M | 0.01% |
3,032,593
-21,629
| -0.7% | -$292K |
|
|
BECN
796
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $41.6M | 0.01% |
652,642
+77,671
| +14% | +$4.46M |
|
|
RSPP
797
DELISTED
RSP Permian, Inc.
RSPP
| $41.6M | 0.01% |
1,021,907
+50,642
| +5% | +$1.82M |
|
|
TECD
798
DELISTED
Tech Data Corp
TECD
| $41.4M | 0.01% |
422,402
+9,021
| +2% | +$846K |
|
|
HR
799
DELISTED
Healthcare Realty Trust Incorporated
HR
| $41.4M | 0.01% |
1,287,559
+76,091
| +6% | +$2.47M |
|
|
SKX
800
DELISTED
Skechers
SKX
| $41.3M | 0.01% |
1,090,904
+7,411
| +0.7% | +$240K |
|
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.