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 | |
|---|---|---|---|---|---|---|
826
AXIS Capital
AXS
$7.35B
| $48M | 0.01% |
832,291
+13,517
| +2% | +$766K |
|
|
NUAN
827
DELISTED
Nuance Communications, Inc.
NUAN
| $48M | 0.01% |
3,200,469
+78,316
| +3% | +$1.09M |
|
|
LHO
828
DELISTED
LaSalle Hotel Properties
LHO
| $48M | 0.01% |
1,386,610
+128,995
| +10% | +$4.47M |
|
829
Antero Resources
AR
$11.6B
| $47.7M | 0.01% |
2,692,821
-308,931
| -10% | -$5.98M |
|
830
Wintrust Financial
WTFC
$10.9B
| $47.6M | 0.01% |
560,867
-35,348
| -6% | -$3.15M |
|
831
nVent Electric
NVT
$27.1B
| $47.4M | 0.01% |
1,745,132
+176,866
| +11% | +$4.81M |
|
|
COUP
832
DELISTED
Coupa Software Incorporated
COUP
| $47.3M | 0.01% |
598,585
+226,104
| +61% | +$15.7M |
|
833
National Fuel Gas
NFG
$7.82B
| $47.3M | 0.01% |
844,169
+20,395
| +2% | +$1.13M |
|
|
ALE
834
DELISTED
Allete
ALE
| $47.3M | 0.01% |
630,431
+54,732
| +10% | +$4.2M |
|
835
Universal Display
OLED
$4.32B
| $47.1M | 0.01% |
399,593
+11,729
| +3% | +$1.29M |
|
|
LOGM
836
DELISTED
LogMein, Inc.
LOGM
| $47M | 0.01% |
527,384
+2,277
| +0.4% | +$206K |
|
837
Littelfuse
LFUS
$11.5B
| $47M | 0.01% |
237,425
-7,955
| -3% | -$1.75M |
|
|
SIX
838
DELISTED
Six Flags Entertainment Corp.
SIX
| $47M | 0.01% |
671,917
-14,820
| -2% | -$1.01M |
|
839
Signet Jewelers
SIG
$3.68B
| $46.9M | 0.01% |
711,722
+89,877
| +14% | +$5.54M |
|
840
Crane NXT
CXT
$2.95B
| $46.7M | 0.01% |
1,367,917
+21,610
| +2% | +$672K |
|
|
HR
841
DELISTED
Healthcare Realty Trust Incorporated
HR
| $46.3M | 0.01% |
1,583,019
+139,319
| +10% | +$4.16M |
|
842
Under Armour
UAA
$2.29B
| $46.3M | 0.01% |
2,184,310
+92,002
| +4% | +$1.92M |
|
843
Cousins Properties
CUZ
$4.83B
| $46.2M | 0.01% |
1,299,884
+118,907
| +10% | +$4.43M |
|
844
Casey's General Stores
CASY
$30.7B
| $46.2M | 0.01% |
357,689
-4,223
| -1% | -$486K |
|
845
Inogen
INGN
$157M
| $46.1M | 0.01% |
188,977
+7,508
| +4% | +$1.74M |
|
846
Green Dot
GDOT
$760M
| $45.9M | 0.01% |
517,161
+71,928
| +16% | +$5.98M |
|
847
Yelp
YELP
$1.28B
| $45.9M | 0.01% |
932,022
+22,553
| +2% | +$985K |
|
848
Helen of Troy
HELE
$682M
| $45.7M | 0.01% |
349,415
+62,094
| +22% | +$7.31M |
|
|
WRI
849
DELISTED
Weingarten Realty Investors
WRI
| $45.6M | 0.01% |
1,533,963
+150,632
| +11% | +$4.57M |
|
|
CIM
850
Chimera Investment
CIM
$996M
| $45.6M | 0.01% |
837,758
-170,613
| -17% | -$9.6M |
|
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.