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 | |
|---|---|---|---|---|---|---|
|
B
1076
DELISTED
Barnes Group Inc.
B
| $26.2M | 0.01% |
414,112
+11,669
| +3% | +$774K |
|
1077
Acadia Pharmaceuticals
ACAD
$5.03B
| $26.2M | 0.01% |
869,977
+24,847
| +3% | +$795K |
|
1078
Children's Place
PLCE
$59.8M
| $26.2M | 0.01% |
180,024
+14,340
| +9% | +$1.75M |
|
1079
Trex
TREX
$5.01B
| $26.1M | 0.01% |
965,012
+3,600
| +0.4% | +$91.6K |
|
1080
CNX Resources
CNX
$5.2B
| $26.1M | 0.01% |
1,787,243
-264,713
| -13% | -$3.66M |
|
|
AKRX
1081
DELISTED
Akorn Inc
AKRX
| $26.1M | 0.01% |
810,036
+41,858
| +5% | +$1.37M |
|
|
TUP
1082
DELISTED
Tupperware Brands Corporation
TUP
| $26.1M | 0.01% |
416,352
+5,234
| +1% | +$321K |
|
1083
Progress Software
PRGS
$1.76B
| $26.1M | 0.01% |
613,176
-23,372
| -4% | -$973K |
|
1084
Ligand Pharmaceuticals
LGND
$6.36B
| $26M | 0.01% |
304,868
+16,039
| +6% | +$1.39M |
|
1085
United Natural Foods
UNFI
$2.85B
| $26M | 0.01% |
528,572
-105,227
| -17% | -$4.6M |
|
1086
Conduent
CNDT
$264M
| $26M | 0.01% |
1,609,452
+87,505
| +6% | +$1.37M |
|
1087
GameStop
GME
$8.6B
| $25.9M | 0.01% |
5,782,568
+145,992
| +3% | +$681K |
|
|
ECHO
1088
EchoStar
ECHO
$26.2B
| $25.9M | 0.01% |
534,339
+1,508
| +0.3% | +$70K |
|
1089
Ingevity
NGVT
$2.68B
| $25.9M | 0.01% |
367,698
+24,359
| +7% | +$1.76M |
|
1090
AutoNation
AN
$6.92B
| $25.9M | 0.01% |
504,692
-31,941
| -6% | -$1.62M |
|
1091
Credicorp
BAP
$30.7B
| $25.9M | 0.01% |
125,455
+7,185
| +6% | +$1.49M |
|
|
CCMP
1092
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $25.8M | 0.01% |
274,051
-32,901
| -11% | -$3.03M |
|
1093
Marriott Vacations Worldwide
VAC
$4.25B
| $25.8M | 0.01% |
190,614
-5,420
| -3% | -$715K |
|
1094
RingCentral
RNG
$5.28B
| $25.7M | 0.01% |
530,786
+6,043
| +1% | +$275K |
|
1095
Pebblebrook Hotel Trust
PEB
$2.05B
| $25.7M | 0.01% |
690,987
+11,894
| +2% | +$440K |
|
1096
Generac Holdings
GNRC
$12.5B
| $25.6M | 0.01% |
517,081
-3,680
| -0.7% | -$183K |
|
1097
Insperity
NSP
$2.01B
| $25.5M | 0.01% |
445,126
+1,712
| +0.4% | +$90.6K |
|
1098
Advanced Energy
AEIS
$13B
| $25.5M | 0.01% |
377,696
-1,401
| -0.4% | -$113K |
|
|
PCH
1099
DELISTED
PotlatchDeltic
PCH
| $25.5M | 0.01% |
510,406
+12,284
| +2% | +$634K |
|
1100
Halozyme
HALO
$12.2B
| $25.3M | 0.01% |
1,251,161
+98,045
| +9% | +$1.8M |
|
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.