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 | |
|---|---|---|---|---|---|---|
1226
Dycom Industries
DY
$12.4B
| $25.5M | 0.01% |
301,810
+18,376
| +6% | +$1.59M |
|
|
LM
1227
DELISTED
Legg Mason, Inc.
LM
| $25.4M | 0.01% |
812,231
+6,507
| +0.8% | +$210K |
|
|
QEP
1228
DELISTED
QEP RESOURCES, INC.
QEP
| $25.3M | 0.01% |
2,238,859
+109,283
| +5% | +$1.18M |
|
|
GTLS
1229
DELISTED
Chart Industries
GTLS
| $25.3M | 0.01% |
323,197
+18,558
| +6% | +$1.37M |
|
1230
CVB Financial
CVBF
$4.06B
| $25.3M | 0.01% |
1,132,474
+87,108
| +8% | +$2.06M |
|
1231
First Bancorp
FBP
$4.47B
| $25.3M | 0.01% |
2,777,013
+448,789
| +19% | +$3.8M |
|
1232
Dorman Products
DORM
$4B
| $25.2M | 0.01% |
327,722
+21,651
| +7% | +$1.65M |
|
1233
AeroVironment
AVAV
$9.81B
| $25.2M | 0.01% |
224,684
+9,163
| +4% | +$794K |
|
|
THS
1234
DELISTED
Treehouse Foods
THS
| $25.1M | 0.01% |
524,357
+25,933
| +5% | +$1.33M |
|
1235
Tandem Diabetes Care
TNDM
$1.61B
| $25.1M | 0.01% |
585,672
+186,134
| +47% | +$6.5M |
|
1236
Element Solutions
ESI
$9.36B
| $25.1M | 0.01% |
2,009,290
+117,782
| +6% | +$1.47M |
|
1237
Choice Hotels
CHH
$4.75B
| $25.1M | 0.01% |
300,754
-37,115
| -11% | -$2.91M |
|
1238
H.B. Fuller
FUL
$3.26B
| $25M | 0.01% |
484,606
+19,934
| +4% | +$1.13M |
|
1239
Hain Celestial
HAIN
$53.9M
| $25M | 0.01% |
922,806
-62,409
| -6% | -$1.78M |
|
|
WDR
1240
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $25M | 0.01% |
1,181,358
+25,876
| +2% | +$520K |
|
|
ESV
1241
DELISTED
Ensco Rowan plc
ESV
| $25M | 0.01% |
740,972
+29,677
| +4% | +$849K |
|
1242
Minerals Technologies
MTX
$2.27B
| $24.9M | 0.01% |
368,006
+17,559
| +5% | +$1.24M |
|
1243
Cavco Industries
CVCO
$4.59B
| $24.8M | 0.01% |
98,159
+7,032
| +8% | +$1.63M |
|
|
AGR
1244
DELISTED
Avangrid, Inc.
AGR
| $24.8M | 0.01% |
517,325
+26,009
| +5% | +$1.31M |
|
1245
OneMain Financial
OMF
$7.43B
| $24.8M | 0.01% |
737,352
+86,441
| +13% | +$3.03M |
|
|
PRA
1246
DELISTED
ProAssurance
PRA
| $24.7M | 0.01% |
526,692
+22,458
| +4% | +$988K |
|
1247
PTC Therapeutics
PTCT
$6.07B
| $24.7M | 0.01% |
525,813
+79,294
| +18% | +$3.28M |
|
|
GWB
1248
DELISTED
Great Western Bancorp, Inc.
GWB
| $24.7M | 0.01% |
585,456
+32,762
| +6% | +$1.4M |
|
|
P
1249
DELISTED
Pandora Media Inc
P
| $24.7M | 0.01% |
2,597,020
+247,405
| +11% | +$2.08M |
|
|
ESL
1250
DELISTED
Esterline Technologies
ESL
| $24.7M | 0.01% |
271,493
+13,327
| +5% | +$1.12M |
|
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.