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 | |
|---|---|---|---|---|---|---|
1051
Yelp
YELP
$1.41B
| $27M | 0.01% |
643,648
+15,861
| +3% | +$706K |
|
1052
Lumentum
LITE
$69.3B
| $27M | 0.01% |
551,802
+9,684
| +2% | +$540K |
|
1053
Integra LifeSciences
IART
$1.34B
| $27M | 0.01% |
563,397
+2,579
| +0.5% | +$126K |
|
1054
Wendy's
WEN
$1.46B
| $27M | 0.01% |
1,641,598
-13,123
| -0.8% | -$199K |
|
1055
American Eagle Outfitters
AEO
$3.01B
| $26.9M | 0.01% |
1,428,856
-159,792
| -10% | -$2.41M |
|
1056
Jack in the Box
JACK
$335M
| $26.8M | 0.01% |
273,368
+9,817
| +4% | +$999K |
|
|
UNIT
1057
Uniti Group
UNIT
$2.32B
| $26.8M | 0.01% |
1,506,143
+68,267
| +5% | +$1.13M |
|
1058
Urban Outfitters
URBN
$6.59B
| $26.8M | 0.01% |
764,123
-15,069
| -2% | -$422K |
|
|
NUVA
1059
DELISTED
NuVasive, Inc.
NUVA
| $26.8M | 0.01% |
457,553
+8,316
| +2% | +$472K |
|
1060
CACI
CACI
$14.2B
| $26.8M | 0.01% |
202,203
+1,614
| +0.8% | +$218K |
|
|
AAN.A
1061
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $26.7M | 0.01% |
670,095
-15,884
| -2% | -$633K |
|
1062
International Bancshares
IBOC
$4.57B
| $26.7M | 0.01% |
672,259
-16,700
| -2% | -$674K |
|
1063
Wayfair
W
$14.6B
| $26.7M | 0.01% |
332,163
+15,916
| +5% | +$1.12M |
|
1064
Black Hills Corp
BKH
$5.69B
| $26.7M | 0.01% |
443,484
+9,049
| +2% | +$561K |
|
1065
First Financial Bankshares
FFIN
$4.97B
| $26.6M | 0.01% |
1,181,670
+18,828
| +2% | +$429K |
|
|
STMP
1066
DELISTED
Stamps.com, Inc.
STMP
| $26.6M | 0.01% |
141,465
+2,571
| +2% | +$497K |
|
1067
National Health Investors
NHI
$3.65B
| $26.5M | 0.01% |
351,940
+2,841
| +0.8% | +$220K |
|
|
EFOR
1068
Everforth Inc
EFOR
$1.32B
| $26.5M | 0.01% |
412,639
+17,381
| +4% | +$1.05M |
|
1069
WaFd
WAFD
$2.75B
| $26.5M | 0.01% |
773,854
-226
| -0% | -$7.76K |
|
|
THS
1070
DELISTED
Treehouse Foods
THS
| $26.5M | 0.01% |
534,812
+76,311
| +17% | +$4.08M |
|
|
DOC
1071
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $26.4M | 0.01% |
1,470,141
+6,863
| +0.5% | +$123K |
|
1072
LCI Industries
LCII
$2.65B
| $26.4M | 0.01% |
203,308
+862
| +0.4% | +$106K |
|
|
WBT
1073
DELISTED
Welbilt, Inc.
WBT
| $26.4M | 0.01% |
1,121,111
+10,282
| +0.9% | +$227K |
|
|
EDR
1074
DELISTED
Education Realty Trust Inc
EDR
| $26.4M | 0.01% |
754,730
+22,584
| +3% | +$814K |
|
1075
InterDigital
IDCC
$8.89B
| $26.3M | 0.01% |
344,716
-57,097
| -14% | -$4.27M |
|
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.