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 | |
|---|---|---|---|---|---|---|
|
ZEN
1001
DELISTED
ZENDESK INC
ZEN
| $28.7M | 0.01% |
849,540
+18,334
| +2% | +$600K |
|
1002
Puma Biotechnology
PBYI
$454M
| $28.7M | 0.01% |
290,691
+7,772
| +3% | +$870K |
|
|
TRCO
1003
DELISTED
TRIBUNE MEDIA COMPANY CLASS A
TRCO
| $28.7M | 0.01% |
676,499
+18,456
| +3% | +$761K |
|
1004
Edgewell Personal Care
EPC
$1.31B
| $28.7M | 0.01% |
483,393
-2,393
| -0.5% | -$151K |
|
|
TXNM
1005
TXNM Energy Inc
TXNM
$5.94B
| $28.6M | 0.01% |
706,326
+45,841
| +7% | +$1.97M |
|
1006
NETSCOUT
NTCT
$2.79B
| $28.6M | 0.01% |
937,973
+131,198
| +16% | +$4.01M |
|
|
SUM
1007
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $28.5M | 0.01% |
921,989
+30,012
| +3% | +$903K |
|
|
ILG
1008
DELISTED
ILG, Inc Common Stock
ILG
| $28.4M | 0.01% |
998,035
+41,907
| +4% | +$1.21M |
|
1009
EnerSys
ENS
$6.99B
| $28.3M | 0.01% |
406,911
-6,287
| -2% | -$431K |
|
1010
Nu Skin
NUS
$267M
| $28.3M | 0.01% |
415,033
-27,123
| -6% | -$1.75M |
|
|
BUFF
1011
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $28.3M | 0.01% |
863,389
+10,680
| +1% | +$317K |
|
1012
New Jersey Resources
NJR
$5.58B
| $28.3M | 0.01% |
704,091
+4,296
| +0.6% | +$185K |
|
1013
Hyatt Hotels
H
$16.7B
| $28.2M | 0.01% |
383,460
-8,398
| -2% | -$568K |
|
1014
MasTec
MTZ
$21.9B
| $28.2M | 0.01% |
575,710
+32,708
| +6% | +$1.46M |
|
1015
Dycom Industries
DY
$12.3B
| $28.2M | 0.01% |
252,808
+1,736
| +0.7% | +$168K |
|
1016
White Mountains Insurance
WTM
$5.13B
| $28.1M | 0.01% |
32,994
-1,140
| -3% | -$996K |
|
|
ZNGA
1017
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $28.1M | 0.01% |
7,021,666
+112,171
| +2% | +$437K |
|
1018
SITE Centers
SITC
$165M
| $28.1M | 0.01% |
2,432,531
+39,976
| +2% | +$426K |
|
1019
Mercado Libre
MELI
$92.3B
| $28.1M | 0.01% |
89,378
-363
| -0.4% | -$98.2K |
|
1020
Sinclair Inc
SBGI
$1.03B
| $28.1M | 0.01% |
741,282
-172,714
| -19% | -$5.72M |
|
1021
Mine Safety
MSA
$7.49B
| $28M | 0.01% |
361,812
+19,174
| +6% | +$1.53M |
|
|
TSRO
1022
DELISTED
TESARO, Inc.
TSRO
| $28M | 0.01% |
338,294
+1,969
| +0.6% | +$193K |
|
1023
HEICO Corp Class A
HEI.A
$37.2B
| $28M | 0.01% |
692,213
+7,150
| +1% | +$280K |
|
|
CXP
1024
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $27.9M | 0.01% |
1,214,481
+12,968
| +1% | +$288K |
|
1025
Neogen
NEOG
$2.5B
| $27.9M | 0.01% |
1,205,261
+303,600
| +34% | +$9.2M |
|
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.