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 | |
|---|---|---|---|---|---|---|
1026
Belden
BDC
$5.19B
| $27.9M | 0.01% |
361,095
+11,343
| +3% | +$938K |
|
|
BPMC
1027
DELISTED
Blueprint Medicines
BPMC
| $27.9M | 0.01% |
369,391
+35,455
| +11% | +$2.49M |
|
|
MDRX
1028
DELISTED
Veradigm Inc. Common Stock
MDRX
| $27.8M | 0.01% |
1,913,696
+294,993
| +18% | +$4.1M |
|
1029
Melco Resorts & Entertainment
MLCO
$2.14B
| $27.7M | 0.01% |
963,328
+99,227
| +11% | +$2.53M |
|
1030
Outfront Media
OUT
$5.5B
| $27.7M | 0.01% |
1,213,333
-27,351
| -2% | -$640K |
|
|
S
1031
DELISTED
Sprint Corporation
S
| $27.7M | 0.01% |
4,706,246
+69,950
| +2% | +$444K |
|
1032
Haemonetics
HAE
$4B
| $27.7M | 0.01% |
476,203
-4,015
| -0.8% | -$211K |
|
1033
RBC Bearings
RBC
$18B
| $27.6M | 0.01% |
218,037
+5,948
| +3% | +$746K |
|
|
QTS
1034
DELISTED
QTS REALTY TRUST, INC.
QTS
| $27.5M | 0.01% |
507,894
+126,236
| +33% | +$7.04M |
|
1035
SouthState Bank Corp
SSB
$10.5B
| $27.5M | 0.01% |
315,621
+86,755
| +38% | +$7.79M |
|
1036
Churchill Downs
CHDN
$6.12B
| $27.4M | 0.01% |
707,598
+5,034
| +0.7% | +$182K |
|
1037
TC Energy
TRP
$65.9B
| $27.4M | 0.01% |
567,384
+19,044
| +3% | +$930K |
|
|
SAVE
1038
DELISTED
Spirit Airlines, Inc.
SAVE
| $27.4M | 0.01% |
610,798
-34,597
| -5% | -$1.33M |
|
1039
Columbia Banking Systems
COLB
$8.84B
| $27.4M | 0.01% |
630,238
+118,583
| +23% | +$5.17M |
|
|
WCC
1040
WESCO International
WCC
$17.7B
| $27.4M | 0.01% |
401,452
+42,279
| +12% | +$2.64M |
|
1041
Glacier Bancorp
GBCI
$6.35B
| $27.3M | 0.01% |
694,199
+18,074
| +3% | +$685K |
|
|
UNVR
1042
DELISTED
Univar Solutions Inc.
UNVR
| $27.3M | 0.01% |
881,538
+78,981
| +10% | +$2.35M |
|
1043
Cable One
CABO
$212M
| $27.3M | 0.01% |
38,778
+1,108
| +3% | +$780K |
|
|
MGLN
1044
DELISTED
Magellan Health Services, Inc.
MGLN
| $27.3M | 0.01% |
282,247
-16,949
| -6% | -$1.5M |
|
1045
Under Armour
UAA
$2.6B
| $27.2M | 0.01% |
1,891,190
+56,199
| +3% | +$812K |
|
|
SWN
1046
DELISTED
Southwestern Energy Company
SWN
| $27.2M | 0.01% |
4,866,907
-847,824
| -15% | -$4.93M |
|
1047
Sprouts Farmers Market
SFM
$8.01B
| $27.1M | 0.01% |
1,113,252
+3,336
| +0.3% | +$70.7K |
|
1048
FirstCash
FCFS
$8.78B
| $27.1M | 0.01% |
401,462
+431
| +0.1% | +$27.8K |
|
1049
Urban Edge Properties
UE
$2.73B
| $27M | 0.01% |
1,060,776
+35,264
| +3% | +$876K |
|
1050
Kemper
KMPR
$1.68B
| $27M | 0.01% |
392,438
+7,491
| +2% | +$483K |
|
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.