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 | |
|---|---|---|---|---|---|---|
1301
Ingersoll Rand
IR
$33.7B
| $18.9M | 0.01% |
556,085
+164,989
| +42% | +$4.92M |
|
1302
Copa Holdings
CPA
$5.8B
| $18.8M | 0.01% |
140,383
+42,672
| +44% | +$5.55M |
|
|
GPOR
1303
DELISTED
Gulfport Energy Corp.
GPOR
| $18.8M | 0.01% |
1,473,850
+38,249
| +3% | +$509K |
|
1304
New York Times
NYT
$10.2B
| $18.8M | 0.01% |
1,016,120
+15,189
| +2% | +$282K |
|
|
MNK
1305
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $18.7M | 0.01% |
830,903
-62,669
| -7% | -$1.68M |
|
1306
Ironwood Pharmaceuticals
IRWD
$714M
| $18.6M | 0.01% |
1,480,448
+36,896
| +3% | +$482K |
|
1307
Supernus Pharmaceuticals
SUPN
$2.77B
| $18.5M | 0.01% |
464,740
+15,489
| +3% | +$612K |
|
1308
Groupon
GRPN
$1.02B
| $18.5M | 0.01% |
181,499
+11,389
| +7% | +$1.2M |
|
1309
Synaptics
SYNA
$4.15B
| $18.5M | 0.01% |
463,223
-24,613
| -5% | -$942K |
|
|
MTOR
1310
DELISTED
MERITOR, Inc.
MTOR
| $18.5M | 0.01% |
787,670
+64,853
| +9% | +$1.63M |
|
1311
American States Water
AWR
$3.46B
| $18.5M | 0.01% |
318,880
+1,090
| +0.3% | +$59.7K |
|
1312
Inogen
INGN
$164M
| $18.5M | 0.01% |
155,022
-3,354
| -2% | -$369K |
|
|
ESL
1313
DELISTED
Esterline Technologies
ESL
| $18.4M | 0.01% |
246,954
+16,355
| +7% | +$1.34M |
|
|
IRBT
1314
DELISTED
iRobot
IRBT
| $18.4M | 0.01% |
240,477
-37,458
| -13% | -$2.7M |
|
1315
Mativ Holdings
MATV
$711M
| $18.4M | 0.01% |
405,806
+10,230
| +3% | +$444K |
|
|
KW
1316
DELISTED
Kennedy-Wilson Holdings
KW
| $18.4M | 0.01% |
1,060,893
+325,482
| +44% | +$6.13M |
|
1317
Cheesecake Factory
CAKE
$5.33B
| $18.4M | 0.01% |
381,400
-24,580
| -6% | -$1.12M |
|
1318
National Beverage
FIZZ
$3.01B
| $18.3M | 0.01% |
375,970
+66,394
| +21% | +$3.41M |
|
1319
California Water Service
CWT
$3.12B
| $18.3M | 0.01% |
402,862
+1,557
| +0.4% | +$67.1K |
|
|
LTXB
1320
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $18.3M | 0.01% |
432,833
+8,248
| +2% | +$330K |
|
|
NXTM
1321
DELISTED
NxStage Medical Inc.
NXTM
| $18.2M | 0.01% |
750,244
+43,169
| +6% | +$1.14M |
|
1322
Watts Water Technologies
WTS
$13.1B
| $18.1M | 0.01% |
238,766
+637
| +0.3% | +$45.4K |
|
|
UCB
1323
United Community Banks
UCB
$4.28B
| $18.1M | 0.01% |
644,199
+29,348
| +5% | +$819K |
|
|
CVA
1324
DELISTED
Covanta Holding Corporation
CVA
| $18.1M | 0.01% |
1,070,852
+3,808
| +0.4% | +$58.8K |
|
1325
Allegiant Air
ALGT
$2.57B
| $18M | 0.01% |
116,600
-1,147
| -1% | -$162K |
|
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.