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 | |
|---|---|---|---|---|---|---|
|
MBFI
901
DELISTED
MB Financial Corp
MBFI
| $41.8M | 0.01% |
906,664
+56,836
| +7% | +$2.73M |
|
902
Protolabs
PRLB
$2.16B
| $41.8M | 0.01% |
258,280
+21,117
| +9% | +$2.99M |
|
903
Regal Rexnord
RRX
$11.5B
| $41.8M | 0.01% |
506,397
+19,090
| +4% | +$1.59M |
|
904
Thor Industries
THO
$4.23B
| $41.7M | 0.01% |
498,336
+19,262
| +4% | +$1.84M |
|
|
ZIONW
905
DELISTED
Zions Bancorporation N.A. Warrants
ZIONW
| $41.6M | 0.01% |
2,325,650
-301,161
| -11% | -$6.14M |
|
906
Carter's
CRI
$1.46B
| $41.5M | 0.01% |
420,602
+5,522
| +1% | +$584K |
|
|
PR
907
Permian Resources
PR
$18B
| $41.3M | 0.01% |
1,890,981
+120,958
| +7% | +$2.27M |
|
908
Selective Insurance
SIGI
$5.6B
| $41.3M | 0.01% |
650,168
+58,630
| +10% | +$3.6M |
|
909
EastGroup Properties
EGP
$10.8B
| $41.2M | 0.01% |
431,286
+41,159
| +11% | +$3.96M |
|
|
AAN.A
910
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $41.1M | 0.01% |
755,094
+57,461
| +8% | +$3.13M |
|
911
Associated Banc-Corp
ASB
$6.02B
| $41.1M | 0.01% |
1,581,554
+49,664
| +3% | +$1.36M |
|
912
Tetra Tech
TTEK
$9.06B
| $41M | 0.01% |
3,003,175
+254,500
| +9% | +$3.37M |
|
|
AXON
913
Axon Enterprise
AXON
$51.7B
| $40.9M | 0.01% |
598,145
+44,516
| +8% | +$3M |
|
914
Teradata
TDC
$2.5B
| $40.9M | 0.01% |
1,083,286
+37,497
| +4% | +$1.51M |
|
|
BMS
915
DELISTED
Bemis
BMS
| $40.8M | 0.01% |
840,469
+16,823
| +2% | +$795K |
|
916
Rayonier
RYN
$6.45B
| $40.7M | 0.01% |
1,328,113
+48,374
| +4% | +$1.55M |
|
917
American Eagle Outfitters
AEO
$2.91B
| $40.7M | 0.01% |
1,640,561
+86,474
| +6% | +$2.19M |
|
918
Neogen
NEOG
$2.51B
| $40.7M | 0.01% |
1,137,866
+53,436
| +5% | +$2.28M |
|
919
Cathay General Bancorp
CATY
$4.25B
| $40.7M | 0.01% |
981,569
+48,080
| +5% | +$2.02M |
|
920
First Solar
FSLR
$25.9B
| $40.6M | 0.01% |
838,329
+20,784
| +3% | +$1.08M |
|
921
Southwest Gas
SWX
$6.63B
| $40.5M | 0.01% |
512,714
+21,969
| +4% | +$1.74M |
|
|
NEWR
922
DELISTED
New Relic, Inc.
NEWR
| $40.5M | 0.01% |
429,688
+24,755
| +6% | +$2.56M |
|
|
TCF
923
DELISTED
TCF Financial Corporation Common Stock
TCF
| $40.4M | 0.01% |
756,984
+35,932
| +5% | +$2.03M |
|
924
Bank of Hawaii
BOH
$3.13B
| $40.4M | 0.01% |
511,976
+88,983
| +21% | +$7.38M |
|
925
CarGurus
CARG
$3.22B
| $40.4M | 0.01% |
725,213
+458,534
| +172% | +$21.2M |
|
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.