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 | |
|---|---|---|---|---|---|---|
1151
Edgewell Personal Care
EPC
$1.32B
| $28.7M | 0.01% |
619,975
+105,090
| +20% | +$5.56M |
|
|
FMBI
1152
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $28.7M | 0.01% |
1,077,855
+51,179
| +5% | +$1.37M |
|
|
CVSA
1153
Covista Inc
CVSA
$4.32B
| $28.6M | 0.01% |
593,134
+45,803
| +8% | +$2.31M |
|
1154
Simmons First National
SFNC
$3.45B
| $28.6M | 0.01% |
969,512
+129,909
| +15% | +$4M |
|
1155
O-I Glass
OI
$1.07B
| $28.5M | 0.01% |
1,518,123
+58,820
| +4% | +$1.06M |
|
1156
Rogers Corp
ROG
$2.48B
| $28.5M | 0.01% |
193,452
+11,278
| +6% | +$1.48M |
|
1157
Quaker Houghton
KWR
$2.94B
| $28.5M | 0.01% |
140,785
+7,931
| +6% | +$1.39M |
|
1158
Acadia Realty Trust
AKR
$2.84B
| $28.4M | 0.01% |
1,014,996
+83,110
| +9% | +$2.3M |
|
|
SFLY
1159
DELISTED
Shutterfly, Inc.
SFLY
| $28.4M | 0.01% |
431,110
-12,396
| -3% | -$981K |
|
|
PDCO
1160
DELISTED
Patterson Companies, Inc.
PDCO
| $28.4M | 0.01% |
1,160,946
+341,942
| +42% | +$8.1M |
|
1161
Federated Hermes
FHI
$4.68B
| $28.3M | 0.01% |
1,171,243
+27,893
| +2% | +$656K |
|
|
EPAY
1162
DELISTED
Bottomline Technologies Inc
EPAY
| $28.2M | 0.01% |
387,962
+21,663
| +6% | +$1.32M |
|
|
CADE
1163
DELISTED
Cadence Bank
CADE
| $28.1M | 0.01% |
859,828
+44,310
| +5% | +$1.51M |
|
|
POLY
1164
DELISTED
Plantronics, Inc.
POLY
| $28.1M | 0.01% |
465,183
+41,363
| +10% | +$2.83M |
|
1165
DigitalBridge
DBRG
$2.95B
| $28M | 0.01% |
1,147,422
+27,212
| +2% | +$668K |
|
1166
ScottsMiracle-Gro
SMG
$3.6B
| $27.9M | 0.01% |
354,810
+10,474
| +3% | +$823K |
|
1167
Mercury Systems
MRCY
$6.64B
| $27.9M | 0.01% |
504,062
+29,359
| +6% | +$1.42M |
|
|
TEN
1168
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $27.8M | 0.01% |
660,672
+36,490
| +6% | +$1.6M |
|
1169
Dave & Buster's
PLAY
$356M
| $27.8M | 0.01% |
419,298
+24,210
| +6% | +$1.31M |
|
1170
MasTec
MTZ
$22.7B
| $27.8M | 0.01% |
621,668
+27,142
| +5% | +$1.26M |
|
1171
Hilton Grand Vacations
HGV
$3.46B
| $27.7M | 0.01% |
837,801
-30,249
| -3% | -$1.01M |
|
1172
STAG Industrial
STAG
$7.1B
| $27.7M | 0.01% |
1,007,207
+98,453
| +11% | +$2.74M |
|
|
DNR
1173
DELISTED
Denbury Resources, Inc.
DNR
| $27.7M | 0.01% |
4,466,729
+558,136
| +14% | +$2.78M |
|
1174
Fox Factory Holding Corp
FOXF
$894M
| $27.6M | 0.01% |
394,234
+13,506
| +4% | +$827K |
|
1175
CNX Resources
CNX
$5.27B
| $27.5M | 0.01% |
1,920,076
+89,033
| +5% | +$1.41M |
|
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.