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 | |
|---|---|---|---|---|---|---|
|
DCH
1251
Dauch Corp
DCH
$1.61B
| $24.7M | 0.01% |
1,414,785
+113,543
| +9% | +$1.95M |
|
1252
Insight Enterprises
NSIT
$4.53B
| $24.6M | 0.01% |
454,878
+90,369
| +25% | +$4.75M |
|
|
WFT
1253
DELISTED
Weatherford International plc
WFT
| $24.6M | 0.01% |
9,073,581
+1,986
| +0% | +$5.83K |
|
1254
Trustmark
TRMK
$2.8B
| $24.6M | 0.01% |
730,349
+32,467
| +5% | +$1.13M |
|
1255
Independent Bank
INDB
$4.05B
| $24.6M | 0.01% |
297,378
+14,802
| +5% | +$1.29M |
|
|
MGLN
1256
DELISTED
Magellan Health Services, Inc.
MGLN
| $24.6M | 0.01% |
340,871
+21,275
| +7% | +$1.71M |
|
1257
Cogent Communications
CCOI
$530M
| $24.5M | 0.01% |
439,907
+23,831
| +6% | +$1.28M |
|
|
VRE
1258
DELISTED
Veris Residential
VRE
| $24.5M | 0.01% |
1,154,076
+133,463
| +13% | +$2.72M |
|
1259
Ubiquiti
UI
$35.4B
| $24.4M | 0.01% |
246,548
-5,027
| -2% | -$444K |
|
1260
Liberty Latin America Class C
LILAK
$1.67B
| $24.4M | 0.01% |
1,379,857
+33,264
| +2% | +$561K |
|
|
HOUS
1261
DELISTED
Anywhere Real Estate
HOUS
| $24.3M | 0.01% |
1,179,421
-433,007
| -27% | -$9.43M |
|
1262
Artisan Partners
APAM
$2.99B
| $24.3M | 0.01% |
749,348
+50,672
| +7% | +$1.65M |
|
1263
RH
RH
$3.41B
| $24.3M | 0.01% |
185,225
-4,898
| -3% | -$687K |
|
|
FOLD
1264
DELISTED
Amicus Therapeutics
FOLD
| $24.2M | 0.01% |
2,002,741
+81,299
| +4% | +$1.14M |
|
|
PINC
1265
DELISTED
Premier
PINC
| $24.2M | 0.01% |
528,615
+3,147
| +0.6% | +$127K |
|
|
XLRN
1266
DELISTED
Acceleron Pharma
XLRN
| $24.1M | 0.01% |
420,942
+20,967
| +5% | +$1.03M |
|
1267
Northwest Bancshares
NWBI
$2.31B
| $24.1M | 0.01% |
1,390,458
+86,616
| +7% | +$1.56M |
|
|
ARNA
1268
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $24.1M | 0.01% |
523,219
+20,579
| +4% | +$834K |
|
1269
Terex
TEX
$7.77B
| $24.1M | 0.01% |
603,092
-298,049
| -33% | -$12.1M |
|
1270
Sally Beauty Holdings
SBH
$1.53B
| $24M | 0.01% |
1,307,798
+75,736
| +6% | +$1.21M |
|
1271
Varonis Systems
VRNS
$4.82B
| $24M | 0.01% |
984,234
+267,168
| +37% | +$6.49M |
|
1272
Graham Holdings Company
GHC
$4.99B
| $24M | 0.01% |
41,394
+1,230
| +3% | +$698K |
|
1273
UFP Industries
UFPI
$5.03B
| $24M | 0.01% |
678,715
+33,867
| +5% | +$1.25M |
|
1274
Children's Place
PLCE
$55.8M
| $23.8M | 0.01% |
186,426
+7,870
| +4% | +$1.01M |
|
1275
SITE Centers
SITC
$158M
| $23.8M | 0.01% |
2,278,070
-349,316
| -13% | -$3.81M |
|
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.