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 | |
|---|---|---|---|---|---|---|
1176
Supernus Pharmaceuticals
SUPN
$2.74B
| $27.4M | 0.01% |
543,991
+17,366
| +3% | +$858K |
|
|
WCC
1177
WESCO International
WCC
$17.5B
| $27.4M | 0.01% |
445,134
+17,830
| +4% | +$1.07M |
|
|
ROIC
1178
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $27.3M | 0.01% |
1,464,051
+138,698
| +10% | +$2.65M |
|
|
LEXEA
1179
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $27.3M | 0.01% |
581,055
+10,087
| +2% | +$471K |
|
|
PCH
1180
DELISTED
PotlatchDeltic
PCH
| $27.3M | 0.01% |
665,673
-21,577
| -3% | -$1.02M |
|
1181
Oceaneering
OII
$5.11B
| $27.3M | 0.01% |
987,399
+48,234
| +5% | +$1.29M |
|
1182
Boyd Gaming
BYD
$6.05B
| $27.2M | 0.01% |
804,209
+45,386
| +6% | +$1.62M |
|
1183
Ingersoll Rand
IR
$32.7B
| $27.2M | 0.01% |
960,245
+261,066
| +37% | +$7.32M |
|
|
QTS
1184
DELISTED
QTS REALTY TRUST, INC.
QTS
| $27.1M | 0.01% |
636,241
+58,053
| +10% | +$2.53M |
|
1185
Viavi Solutions
VIAV
$10.6B
| $27.1M | 0.01% |
2,390,715
+122,143
| +5% | +$1.32M |
|
1186
Integer Holdings
ITGR
$4.25B
| $27.1M | 0.01% |
326,634
+54,198
| +20% | +$4.06M |
|
1187
Carpenter Technology
CRS
$26.6B
| $26.9M | 0.01% |
457,037
+22,433
| +5% | +$1.29M |
|
1188
KB Home
KBH
$3.45B
| $26.9M | 0.01% |
1,126,312
+78,565
| +7% | +$1.97M |
|
1189
Dana Inc
DAN
$3.26B
| $26.9M | 0.01% |
1,442,074
-63,810
| -4% | -$1.28M |
|
|
TVPT
1190
DELISTED
Travelport Worldwide Limited
TVPT
| $26.9M | 0.01% |
1,592,438
+52,867
| +3% | +$979K |
|
|
ENV
1191
DELISTED
ENVESTNET, INC.
ENV
| $26.9M | 0.01% |
440,739
+28,839
| +7% | +$1.74M |
|
|
CPE
1192
DELISTED
Callon Petroleum Company
CPE
| $26.8M | 0.01% |
223,931
+18,808
| +9% | +$2.1M |
|
1193
Nutrien
NTR
$32.2B
| $26.8M | 0.01% |
467,420
+37,682
| +9% | +$2.09M |
|
1194
Tanger
SKT
$4.42B
| $26.7M | 0.01% |
1,168,378
+118,134
| +11% | +$2.79M |
|
1195
Atlassian
TEAM
$42.1B
| $26.7M | 0.01% |
277,651
+68,489
| +33% | +$5.42M |
|
1196
WD-40
WDFC
$3.09B
| $26.7M | 0.01% |
154,869
+6,555
| +4% | +$1.1M |
|
1197
FTI Consulting
FCN
$4.24B
| $26.6M | 0.01% |
364,114
+19,550
| +6% | +$1.44M |
|
1198
Paylocity
PCTY
$8.1B
| $26.5M | 0.01% |
330,350
+32,144
| +11% | +$2.28M |
|
1199
Visteon
VC
$2.86B
| $26.5M | 0.01% |
285,613
+10,499
| +4% | +$1.21M |
|
1200
AutoNation
AN
$6.89B
| $26.5M | 0.01% |
638,098
+115,659
| +22% | +$5.35M |
|
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.