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 | |
|---|---|---|---|---|---|---|
|
SKX
1001
DELISTED
Skechers
SKX
| $36.1M | 0.01% |
1,290,814
+110,447
| +9% | +$3.2M |
|
|
SF
1002
Stifel
SF
$12.7B
| $35.9M | 0.01% |
1,576,123
+74,120
| +5% | +$1.78M |
|
1003
Spire
SR
$4.87B
| $35.9M | 0.01% |
487,970
+19,141
| +4% | +$1.42M |
|
1004
Vishay Intertechnology
VSH
$5.11B
| $35.9M | 0.01% |
1,762,986
+136,470
| +8% | +$3.21M |
|
|
ISBC
1005
DELISTED
Investors Bancorp, Inc.
ISBC
| $35.9M | 0.01% |
2,923,473
+186,507
| +7% | +$2.37M |
|
|
HMSY
1006
DELISTED
HMS Holdings Corp.
HMSY
| $35.8M | 0.01% |
1,091,740
+183,938
| +20% | +$5.32M |
|
1007
Rexford Industrial Realty
REXR
$8.07B
| $35.8M | 0.01% |
1,119,531
+214,654
| +24% | +$6.74M |
|
|
COR
1008
DELISTED
Coresite Realty Corporation
COR
| $35.7M | 0.01% |
321,283
+28,389
| +10% | +$3.23M |
|
1009
Myriad Genetics
MYGN
$308M
| $35.7M | 0.01% |
775,921
+42,900
| +6% | +$1.91M |
|
1010
Wolverine World Wide
WWW
$1.49B
| $35.7M | 0.01% |
913,881
+48,519
| +6% | +$1.8M |
|
|
WMGI
1011
DELISTED
Wright Medical Group Inc
WMGI
| $35.6M | 0.01% |
1,227,016
+177,649
| +17% | +$4.79M |
|
1012
HEICO Corp
HEI
$51.3B
| $35.6M | 0.01% |
383,911
+5,271
| +1% | +$433K |
|
|
SYNH
1013
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $35.5M | 0.01% |
688,392
+87,405
| +15% | +$4.28M |
|
|
ZNGA
1014
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $35.4M | 0.01% |
8,837,576
+975,993
| +12% | +$3.93M |
|
|
MIC
1015
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $35.3M | 0.01% |
765,782
+52,537
| +7% | +$2.4M |
|
|
ARRY
1016
DELISTED
Array Biopharma Inc
ARRY
| $35.3M | 0.01% |
2,320,411
+139,860
| +6% | +$2.14M |
|
|
CMD
1017
DELISTED
Cantel Medical Corporation
CMD
| $35.2M | 0.01% |
382,159
+43,620
| +13% | +$4.15M |
|
|
VSM
1018
DELISTED
Versum Materials, Inc.
VSM
| $35.1M | 0.01% |
974,120
+9,580
| +1% | +$361K |
|
1019
Flowers Foods
FLO
$1.52B
| $35M | 0.01% |
1,878,249
+19,095
| +1% | +$386K |
|
1020
Moog Inc Class A
MOG.A
$13.2B
| $35M | 0.01% |
407,300
+14,627
| +4% | +$1.15M |
|
1021
Brink's
BCO
$4.69B
| $34.9M | 0.01% |
500,099
+28,423
| +6% | +$2.19M |
|
|
HZNP
1022
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $34.8M | 0.01% |
1,777,115
-4,370
| -0.2% | -$83.1K |
|
1023
Kennametal
KMT
$2.3B
| $34.8M | 0.01% |
798,408
+51,349
| +7% | +$2.04M |
|
1024
Belden
BDC
$5.26B
| $34.8M | 0.01% |
486,957
+20,337
| +4% | +$1.4M |
|
1025
BGC Group
BGC
$4.83B
| $34.6M | 0.01% |
4,553,707
-1,599,974
| -26% | -$11.8M |
|
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.