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 | |
|---|---|---|---|---|---|---|
1176
UFP Industries
UFPI
$5.19B
| $22.4M | 0.01% |
595,564
+4,639
| +0.8% | +$171K |
|
1177
Telephone and Data Systems
TDS
$3.75B
| $22.4M | 0.01% |
805,884
+21,903
| +3% | +$601K |
|
|
TPH
1178
DELISTED
Tri Pointe Homes
TPH
| $22.4M | 0.01% |
1,250,024
-13,214
| -1% | -$223K |
|
|
MNDT
1179
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $22.4M | 0.01% |
1,575,026
+79,998
| +5% | +$1.22M |
|
1180
Thomson Reuters
TRI
$44.1B
| $22.3M | 0.01% |
442,702
-38,290
| -8% | -$2M |
|
1181
Lithia Motors
LAD
$8.26B
| $22.3M | 0.01% |
195,987
+4,810
| +3% | +$559K |
|
1182
Rexford Industrial Realty
REXR
$8.19B
| $22.2M | 0.01% |
762,720
+70,498
| +10% | +$2.12M |
|
1183
Community Bank
CBU
$3.41B
| $22.2M | 0.01% |
413,336
+1,359
| +0.3% | +$73.9K |
|
|
LEXEA
1184
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $22.2M | 0.01% |
501,118
+18,487
| +4% | +$888K |
|
1185
Graham Holdings Company
GHC
$5.02B
| $22.2M | 0.01% |
39,781
+971
| +3% | +$550K |
|
1186
Brady Corp
BRC
$4.57B
| $22.2M | 0.01% |
585,208
+9,572
| +2% | +$368K |
|
1187
Zurn Elkay Water Solutions
ZWS
$8.53B
| $22.2M | 0.01% |
1,769,310
+6,707
| +0.4% | +$80.9K |
|
|
MZTI
1188
The Marzetti Company
MZTI
$3.11B
| $22.2M | 0.01% |
171,587
-1,454
| -0.8% | -$183K |
|
1189
Minerals Technologies
MTX
$2.34B
| $22.2M | 0.01% |
321,857
+7,011
| +2% | +$498K |
|
|
CADE
1190
DELISTED
Cadence Bank
CADE
| $22.1M | 0.01% |
704,294
+29,821
| +4% | +$958K |
|
|
BWLD
1191
DELISTED
Buffalo Wild Wings, Inc.
BWLD
| $22.1M | 0.01% |
141,660
-1,498
| -1% | -$197K |
|
|
WDR
1192
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $22.1M | 0.01% |
989,672
-46,845
| -5% | -$953K |
|
1193
Merit Medical Systems
MMSI
$5.32B
| $22.1M | 0.01% |
511,459
-58,668
| -10% | -$2.46M |
|
|
HZNP
1194
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $22.1M | 0.01% |
1,512,858
+23,950
| +2% | +$336K |
|
1195
Spectrum Brands
SPB
$2.07B
| $22.1M | 0.01% |
196,580
-901
| -0.5% | -$98.5K |
|
|
AEL
1196
DELISTED
American Equity Investment Life Holding Company
AEL
| $22.1M | 0.01% |
718,111
+4,293
| +0.6% | +$130K |
|
1197
Mercury Systems
MRCY
$6.52B
| $22M | 0.01% |
428,137
+2,832
| +0.7% | +$145K |
|
1198
News Corp Class B
NWS
$17.5B
| $22M | 0.01% |
1,325,807
+26,803
| +2% | +$409K |
|
|
AXE
1199
DELISTED
Anixter International Inc
AXE
| $21.9M | 0.01% |
288,709
-36,693
| -11% | -$2.7M |
|
|
SLCA
1200
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $21.9M | 0.01% |
673,850
+32,510
| +5% | +$1.04M |
|
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.