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 | |
|---|---|---|---|---|---|---|
801
Jabil
JBL
$35.8B
| $41.2M | 0.01% |
1,569,388
-9,292
| -0.6% | -$263K |
|
802
Cirrus Logic
CRUS
$6.26B
| $41M | 0.01% |
791,120
-46,354
| -6% | -$2.5M |
|
803
Prosperity Bancshares
PB
$8.89B
| $41M | 0.01% |
584,880
+29,468
| +5% | +$1.97M |
|
804
Howard Hughes
HHH
$4.03B
| $40.8M | 0.01% |
326,278
+4,515
| +1% | +$538K |
|
|
GWR
805
DELISTED
Genesee & Wyoming Inc.
GWR
| $40.8M | 0.01% |
517,769
+7,765
| +2% | +$580K |
|
806
Assured Guaranty
AGO
$3.34B
| $40.8M | 0.01% |
1,203,396
-108,091
| -8% | -$3.92M |
|
|
WRI
807
DELISTED
Weingarten Realty Investors
WRI
| $40.7M | 0.01% |
1,238,251
+52,099
| +4% | +$1.69M |
|
808
Watsco Inc
WSO
$13.6B
| $40.7M | 0.01% |
239,255
+660
| +0.3% | +$109K |
|
809
Chemed
CHE
$7.22B
| $40.4M | 0.01% |
166,265
-5,032
| -3% | -$1.14M |
|
|
SIX
810
DELISTED
Six Flags Entertainment Corp.
SIX
| $40.4M | 0.01% |
606,812
-12,014
| -2% | -$769K |
|
811
Avnet
AVT
$7.92B
| $40.4M | 0.01% |
1,019,802
+5,539
| +0.5% | +$222K |
|
812
Signet Jewelers
SIG
$3.76B
| $40.4M | 0.01% |
715,195
-42,806
| -6% | -$2.62M |
|
|
LVNTA
813
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $40.3M | 0.01% |
743,850
+22,847
| +3% | +$1.3M |
|
|
HOUS
814
DELISTED
Anywhere Real Estate
HOUS
| $40.3M | 0.01% |
1,521,808
+265,237
| +21% | +$7.69M |
|
815
Bright Horizons
BFAM
$3.86B
| $40.1M | 0.01% |
426,347
+36,261
| +9% | +$3.21M |
|
816
Trip.com Group
TCOM
$29.1B
| $40.1M | 0.01% |
912,566
+43,995
| +5% | +$2.1M |
|
|
IBKC
817
DELISTED
IBERIABANK Corp
IBKC
| $40M | 0.01% |
516,498
-2,931
| -0.6% | -$225K |
|
|
LNCE
818
DELISTED
Snyders-Lance, Inc.
LNCE
| $40M | 0.01% |
799,237
+39,052
| +5% | +$1.55M |
|
819
Ryman Hospitality Properties
RHP
$7.63B
| $39.9M | 0.01% |
578,731
+12,039
| +2% | +$805K |
|
820
Blackbaud
BLKB
$2.08B
| $39.9M | 0.01% |
422,577
+4,282
| +1% | +$412K |
|
|
LHO
821
DELISTED
LaSalle Hotel Properties
LHO
| $39.8M | 0.01% |
1,419,600
-23,347
| -2% | -$669K |
|
822
Idacorp
IDA
$8.2B
| $39.8M | 0.01% |
435,767
+6,264
| +1% | +$585K |
|
823
Littelfuse
LFUS
$11.6B
| $39.8M | 0.01% |
201,108
+507
| +0.3% | +$102K |
|
|
BKI
824
DELISTED
Black Knight, Inc. Common Stock
BKI
| $39.7M | 0.01% |
900,169
+677,547
| +304% | +$30.6M |
|
825
Crane NXT
CXT
$3.07B
| $39.7M | 0.01% |
1,281,719
+41,814
| +3% | +$1.22M |
|
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.