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 | |
|---|---|---|---|---|---|---|
1326
Designer Brands
DBI
$333M
| $18M | 0.01% |
842,669
+26,042
| +3% | +$535K |
|
|
ENV
1327
DELISTED
ENVESTNET, INC.
ENV
| $18M | 0.01% |
361,712
+3,979
| +1% | +$206K |
|
|
ARCH
1328
DELISTED
Arch Resources, Inc.
ARCH
| $18M | 0.01% |
193,454
-2,155
| -1% | -$172K |
|
1329
Bloomin' Brands
BLMN
$938M
| $18M | 0.01% |
841,496
-32,102
| -4% | -$615K |
|
1330
Atlantic Union Bankshares
AUB
$5.97B
| $18M | 0.01% |
496,304
+98,920
| +25% | +$3.53M |
|
|
TIVO
1331
DELISTED
Tivo Inc
TIVO
| $17.9M | 0.01% |
1,149,901
+86,397
| +8% | +$1.5M |
|
1332
Pricesmart
PSMT
$5.46B
| $17.9M | 0.01% |
208,224
+499
| +0.2% | +$42.6K |
|
|
CHSP
1333
DELISTED
Chesapeake Lodging Trust
CHSP
| $17.9M | 0.01% |
661,337
+20,297
| +3% | +$569K |
|
|
DOOR
1334
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $17.8M | 0.01% |
240,582
-1,810
| -0.7% | -$126K |
|
|
WPG
1335
DELISTED
Washington Prime Group Inc.
WPG
| $17.8M | 0.01% |
278,369
+38,634
| +16% | +$2.62M |
|
|
SFBS
1336
ServisFirst Bancshares
SFBS
$4.86B
| $17.8M | 0.01% |
428,285
+9,507
| +2% | +$386K |
|
1337
EXL Service
EXLS
$5.29B
| $17.8M | 0.01% |
1,471,610
-45,465
| -3% | -$555K |
|
|
VG
1338
DELISTED
Vonage Holdings Corporation
VG
| $17.8M | 0.01% |
1,745,599
+96,033
| +6% | +$877K |
|
|
P
1339
Everpure Inc
P
$29.9B
| $17.7M | 0.01% |
1,117,750
+359,886
| +47% | +$6M |
|
1340
LXP Industrial Trust
LXP
$3.57B
| $17.7M | 0.01% |
367,167
+10,639
| +3% | +$547K |
|
|
HAWK
1341
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $17.7M | 0.01% |
496,754
+2,484
| +0.5% | +$89.5K |
|
1342
Chord Energy
CHRD
$7.39B
| $17.7M | 0.01% |
2,102,994
+167,734
| +9% | +$1.55M |
|
|
PEGI
1343
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $17.7M | 0.01% |
822,301
+186,499
| +29% | +$4.19M |
|
1344
Element Solutions
ESI
$9.23B
| $17.6M | 0.01% |
1,778,099
+2,093
| +0.1% | +$21.7K |
|
1345
TriNet
TNET
$3.14B
| $17.6M | 0.01% |
397,322
+77,893
| +24% | +$3.12M |
|
1346
ABM Industries
ABM
$2.84B
| $17.6M | 0.01% |
465,438
+1,558
| +0.3% | +$64.4K |
|
1347
Central Garden & Pet Co Class A
CENTA
$2.44B
| $17.5M | 0.01% |
580,756
-59,738
| -9% | -$1.77M |
|
|
FCB
1348
DELISTED
FCB Financial Holdings, Inc.
FCB
| $17.5M | 0.01% |
344,858
+2,688
| +0.8% | +$132K |
|
1349
QuidelOrtho
QDEL
$838M
| $17.5M | 0.01% |
403,788
+36,317
| +10% | +$1.48M |
|
1350
Independent Bank
INDB
$3.97B
| $17.5M | 0.01% |
250,455
+10,335
| +4% | +$740K |
|
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.