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 | |
|---|---|---|---|---|---|---|
|
SWN
1076
DELISTED
Southwestern Energy Company
SWN
| $32.1M | 0.01% |
6,291,208
+1,352,805
| +27% | +$7.17M |
|
1077
Armstrong World Industries
AWI
$7.89B
| $32.1M | 0.01% |
461,783
+25,674
| +6% | +$1.77M |
|
1078
GATX Corp
GATX
$6.27B
| $32.1M | 0.01% |
371,024
+17,950
| +5% | +$1.49M |
|
1079
Skywest
SKYW
$4.19B
| $32.1M | 0.01% |
544,925
+20,175
| +4% | +$1.19M |
|
1080
Deluxe
DLX
$1.09B
| $32M | 0.01% |
562,748
+4,931
| +0.9% | +$297K |
|
1081
SouthState Bank Corp
SSB
$10.7B
| $31.9M | 0.01% |
388,554
+22,388
| +6% | +$1.89M |
|
1082
MillerKnoll
MLKN
$1.62B
| $31.8M | 0.01% |
826,980
+27,497
| +3% | +$1.04M |
|
1083
Exponent
EXPO
$3.25B
| $31.7M | 0.01% |
592,074
+31,719
| +6% | +$1.62M |
|
|
VG
1084
DELISTED
Vonage Holdings Corporation
VG
| $31.6M | 0.01% |
2,233,626
+138,359
| +7% | +$1.9M |
|
|
AVNS
1085
DELISTED
Avanos Medical
AVNS
| $31.6M | 0.01% |
+461,507
| New | +$29.7M |
|
1086
Healthcare Services Group
HCSG
$1.44B
| $31.6M | 0.01% |
777,333
+57,324
| +8% | +$2.38M |
|
1087
NewMarket
NEU
$8.43B
| $31.6M | 0.01% |
77,867
-610
| -0.8% | -$244K |
|
1088
Qualys
QLYS
$6.51B
| $31.6M | 0.01% |
354,256
+13,579
| +4% | +$1.22M |
|
1089
Timken Company
TKR
$8.91B
| $31.5M | 0.01% |
631,307
+12,525
| +2% | +$591K |
|
1090
Zurn Elkay Water Solutions
ZWS
$8.6B
| $31.4M | 0.01% |
2,119,525
+85,064
| +4% | +$1.21M |
|
1091
Strategic Education
STRA
$1.81B
| $31.4M | 0.01% |
229,449
+110,997
| +94% | +$14.3M |
|
|
LHCG
1092
DELISTED
LHC Group LLC
LHCG
| $31.4M | 0.01% |
305,066
+15,440
| +5% | +$1.44M |
|
1093
National Health Investors
NHI
$3.44B
| $31.4M | 0.01% |
415,168
+25,611
| +7% | +$1.96M |
|
|
WW
1094
DELISTED
WW International
WW
| $31.3M | 0.01% |
434,542
+90,422
| +26% | +$7.34M |
|
|
ELLI
1095
DELISTED
Ellie Mae Inc
ELLI
| $31.3M | 0.01% |
329,793
+13,755
| +4% | +$1.41M |
|
|
CHX
1096
DELISTED
ChampionX
CHX
| $31.2M | 0.01% |
716,959
+30,633
| +4% | +$1.28M |
|
|
TXNM
1097
TXNM Energy Inc
TXNM
$5.91B
| $31.2M | 0.01% |
790,622
+52,941
| +7% | +$2.07M |
|
|
MNDT
1098
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $31.1M | 0.01% |
1,828,826
+114,977
| +7% | +$1.84M |
|
1099
TriNet
TNET
$3.06B
| $31.1M | 0.01% |
551,709
+11,052
| +2% | +$621K |
|
1100
Westlake Corp
WLK
$10.3B
| $31M | 0.01% |
373,429
-39,883
| -10% | -$3.9M |
|
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.