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 | |
|---|---|---|---|---|---|---|
|
AVXS
1126
DELISTED
AveXis, Inc. Common Stock
AVXS
| $24.4M | 0.01% |
220,779
+3,204
| +1% | +$322K |
|
1127
AMC Global Media
AMCX
$489M
| $24.4M | 0.01% |
451,610
-7,977
| -2% | -$426K |
|
1128
Darling Ingredients
DAR
$9.44B
| $24.4M | 0.01% |
1,345,007
+6,134
| +0.5% | +$106K |
|
1129
Box
BOX
$4.6B
| $24.4M | 0.01% |
1,153,851
+327,343
| +40% | +$6.9M |
|
1130
Helen of Troy
HELE
$693M
| $24.4M | 0.01% |
252,885
+12,862
| +5% | +$1.18M |
|
1131
Planet Fitness
PLNT
$3.78B
| $24.3M | 0.01% |
703,069
+4,285
| +0.6% | +$127K |
|
1132
Tetra Tech
TTEK
$9.07B
| $24.2M | 0.01% |
2,510,425
-62,510
| -2% | -$607K |
|
1133
Rogers Corp
ROG
$2.4B
| $24.1M | 0.01% |
149,138
+794
| +0.5% | +$120K |
|
1134
U-Haul Holding Co
UHAL
$14.6B
| $24.1M | 0.01% |
637,190
+39,050
| +7% | +$1.46M |
|
|
FNGN
1135
DELISTED
Financial Engines, Inc.
FNGN
| $24.1M | 0.01% |
794,124
+65,830
| +9% | +$2.07M |
|
1136
Boyd Gaming
BYD
$6.06B
| $24.1M | 0.01% |
686,415
-5,404
| -0.8% | -$164K |
|
1137
Ollie's Bargain Outlet
OLLI
$4.94B
| $24M | 0.01% |
451,000
+28,585
| +7% | +$1.35M |
|
1138
SiteOne Landscape Supply
SITE
$4.53B
| $24M | 0.01% |
313,089
+1,234
| +0.4% | +$83.6K |
|
1139
Cooper-Standard Automotive
CPS
$558M
| $24M | 0.01% |
195,628
-13,286
| -6% | -$1.57M |
|
|
HI
1140
DELISTED
Hillenbrand
HI
| $24M | 0.01% |
535,998
+18,677
| +4% | +$782K |
|
|
ELME
1141
Elme Communities
ELME
$144M
| $24M | 0.01% |
769,811
+18,513
| +2% | +$601K |
|
1142
Steven Madden
SHOO
$3.55B
| $23.9M | 0.01% |
768,815
+33,627
| +5% | +$942K |
|
|
RP
1143
DELISTED
RealPage, Inc.
RP
| $23.9M | 0.01% |
539,743
+28,125
| +5% | +$1.23M |
|
|
ARRY
1144
DELISTED
Array Biopharma Inc
ARRY
| $23.9M | 0.01% |
1,867,750
+83,705
| +5% | +$952K |
|
1145
Performance Food Group
PFGC
$18B
| $23.9M | 0.01% |
722,029
+16,381
| +2% | +$480K |
|
1146
Acadia Healthcare
ACHC
$2.94B
| $23.8M | 0.01% |
729,999
+35,465
| +5% | +$1.23M |
|
1147
Acadia Realty Trust
AKR
$2.84B
| $23.8M | 0.01% |
869,389
+12,499
| +1% | +$357K |
|
1148
JELD-WEN Holding
JELD
$164M
| $23.8M | 0.01% |
603,891
+256,208
| +74% | +$9.51M |
|
|
SGI
1149
Somnigroup International
SGI
$13.7B
| $23.7M | 0.01% |
1,514,412
+23,332
| +2% | +$356K |
|
1150
Coherent
COHR
$74.2B
| $23.7M | 0.01% |
505,300
+1,463
| +0.3% | +$65.7K |
|
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.