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 | |
|---|---|---|---|---|---|---|
|
TECD
1026
DELISTED
Tech Data Corp
TECD
| $34.6M | 0.01% |
482,765
-20,259
| -4% | -$1.64M |
|
1027
ACI Worldwide
ACIW
$5.27B
| $34.5M | 0.01% |
1,226,924
+77,084
| +7% | +$2.1M |
|
1028
Merit Medical Systems
MMSI
$5.44B
| $34.5M | 0.01% |
561,020
+70,616
| +14% | +$4.06M |
|
1029
Medifast
MED
$130M
| $34.5M | 0.01% |
155,593
+1,488
| +1% | +$302K |
|
1030
Sensient Technologies
SXT
$5.61B
| $34.4M | 0.01% |
449,862
+112
| +0% | +$7.99K |
|
|
VRNT
1031
DELISTED
Verint Systems
VRNT
| $34.4M | 0.01% |
1,347,768
+69,486
| +5% | +$1.69M |
|
|
IMMU
1032
DELISTED
Immunomedics Inc
IMMU
| $34.4M | 0.01% |
1,651,106
+94,795
| +6% | +$2.25M |
|
|
KLXI
1033
DELISTED
KLX Inc.
KLXI
| $34.3M | 0.01% |
547,105
-74,373
| -12% | -$4.58M |
|
|
HI
1034
DELISTED
Hillenbrand
HI
| $34.3M | 0.01% |
655,882
+25,743
| +4% | +$1.31M |
|
1035
Roku
ROKU
$22.4B
| $34.3M | 0.01% |
469,695
+42,986
| +10% | +$2.46M |
|
|
IRBT
1036
DELISTED
iRobot
IRBT
| $34.2M | 0.01% |
311,562
+39,594
| +15% | +$3.73M |
|
1037
Clean Harbors
CLH
$16.4B
| $34.2M | 0.01% |
477,407
+17,320
| +4% | +$1.1M |
|
1038
Adient
ADNT
$1.48B
| $34.1M | 0.01% |
868,429
-16,809
| -2% | -$757K |
|
1039
Urban Outfitters
URBN
$6.8B
| $34.1M | 0.01% |
833,507
-30,782
| -4% | -$1.38M |
|
1040
Performance Food Group
PFGC
$17.9B
| $33.9M | 0.01% |
1,017,688
+201,534
| +25% | +$7.1M |
|
|
UNIT
1041
Uniti Group
UNIT
$2.25B
| $33.9M | 0.01% |
1,680,730
+79,263
| +5% | +$1.57M |
|
1042
Matador Resources
MTDR
$6.51B
| $33.8M | 0.01% |
1,023,134
+93,862
| +10% | +$3M |
|
1043
BOK Financial
BOKF
$8.75B
| $33.7M | 0.01% |
346,494
+66,416
| +24% | +$6.63M |
|
|
PDCE
1044
DELISTED
PDC Energy, Inc.
PDCE
| $33.7M | 0.01% |
688,380
+36,458
| +6% | +$2.02M |
|
1045
International Bancshares
IBOC
$4.48B
| $33.6M | 0.01% |
746,637
+53,117
| +8% | +$2.43M |
|
|
USG
1046
DELISTED
Usg
USG
| $33.6M | 0.01% |
775,480
-9,647
| -1% | -$417K |
|
1047
KBR
KBR
$4.74B
| $33.5M | 0.01% |
1,587,794
+110,171
| +7% | +$2.19M |
|
|
B
1048
DELISTED
Barnes Group Inc.
B
| $33.5M | 0.01% |
472,153
+15,711
| +3% | +$1.04M |
|
|
CXP
1049
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $33.5M | 0.01% |
1,417,587
+103,049
| +8% | +$2.4M |
|
1050
Energizer
ENR
$1.53B
| $33.4M | 0.01% |
570,136
+51,016
| +10% | +$3.21M |
|
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.