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 | |
|---|---|---|---|---|---|---|
1251
Simpson Manufacturing
SSD
$8.03B
| $20.3M | 0.01% |
353,280
+20,198
| +6% | +$1.12M |
|
|
FNSR
1252
DELISTED
Finisar Corp
FNSR
| $20.3M | 0.01% |
995,439
+4,718
| +0.5% | +$98.1K |
|
1253
Prestige Consumer Healthcare
PBH
$2.52B
| $20.2M | 0.01% |
455,658
-21,645
| -5% | -$986K |
|
|
CPE
1254
DELISTED
Callon Petroleum Company
CPE
| $20.2M | 0.01% |
166,338
+895
| +0.5% | +$99.1K |
|
|
WLL
1255
DELISTED
Whiting Petroleum Corporation
WLL
| $20.2M | 0.01% |
10,171
+443
| +5% | +$777K |
|
|
NEWR
1256
DELISTED
New Relic, Inc.
NEWR
| $20.2M | 0.01% |
349,177
+9,930
| +3% | +$540K |
|
1257
Compass Minerals
CMP
$1.12B
| $20.1M | 0.01% |
278,051
-173
| -0.1% | -$11.6K |
|
|
CSGS
1258
DELISTED
CSG Systems International
CSGS
| $20.1M | 0.01% |
457,839
-12,720
| -3% | -$549K |
|
|
HRG
1259
DELISTED
HRG Group, Inc.
HRG
| $20M | 0.01% |
1,181,748
+84,993
| +8% | +$1.37M |
|
1260
Commercial Metals
CMC
$8.19B
| $20M | 0.01% |
938,607
+7,191
| +0.8% | +$143K |
|
1261
MGE Energy Inc
MGEE
$3.06B
| $20M | 0.01% |
317,117
+5,212
| +2% | +$339K |
|
|
VGR
1262
DELISTED
Vector Group Ltd.
VGR
| $20M | 0.01% |
1,387,844
+58,257
| +4% | +$811K |
|
1263
Boston Beer
SAM
$1.86B
| $20M | 0.01% |
104,438
+27,731
| +36% | +$4.95M |
|
1264
B&G Foods
BGS
$278M
| $19.9M | 0.01% |
566,945
+2,356
| +0.4% | +$80.7K |
|
1265
Pitney Bowes
PBI
$2.36B
| $19.9M | 0.01% |
1,776,546
+75,484
| +4% | +$889K |
|
1266
Cleveland-Cliffs
CLF
$7.14B
| $19.9M | 0.01% |
2,753,140
-520,476
| -16% | -$3.46M |
|
|
TVPT
1267
DELISTED
Travelport Worldwide Limited
TVPT
| $19.8M | 0.01% |
1,514,220
+276,996
| +22% | +$3.95M |
|
|
QEP
1268
DELISTED
QEP RESOURCES, INC.
QEP
| $19.8M | 0.01% |
2,066,493
+44,781
| +2% | +$406K |
|
1269
Red Rock Resorts
RRR
$3.56B
| $19.7M | 0.01% |
585,227
+172,820
| +42% | +$4.82M |
|
1270
Commault Systems
CVLT
$5.71B
| $19.7M | 0.01% |
376,015
+4,189
| +1% | +$232K |
|
1271
Silgan Holdings
SLGN
$4.3B
| $19.7M | 0.01% |
670,889
+2,648
| +0.4% | +$76.6K |
|
1272
Dave & Buster's
PLAY
$343M
| $19.7M | 0.01% |
357,221
+16,588
| +5% | +$846K |
|
1273
RLI Corp
RLI
$5.86B
| $19.7M | 0.01% |
649,188
+18,500
| +3% | +$543K |
|
|
MDC
1274
DELISTED
M.D.C. Holdings, Inc.
MDC
| $19.7M | 0.01% |
719,714
+35,185
| +5% | +$970K |
|
1275
AMN Healthcare
AMN
$1.41B
| $19.7M | 0.01% |
399,380
-67,668
| -14% | -$3.08M |
|
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.