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 | |
|---|---|---|---|---|---|---|
1326
Crocs
CROX
$6.26B
| $22.4M | 0.01% |
1,052,192
+3,171
| +0.3% | +$60.9K |
|
1327
Towne Bank
TOWN
$3.49B
| $22.4M | 0.01% |
725,256
+49,351
| +7% | +$1.6M |
|
|
ARI
1328
Apollo Commercial Real Estate
ARI
$885M
| $22.4M | 0.01% |
1,185,083
-86,077
| -7% | -$1.64M |
|
|
SCS
1329
DELISTED
Steelcase
SCS
| $22.3M | 0.01% |
1,206,567
+12,677
| +1% | +$186K |
|
|
CBM
1330
DELISTED
Cambrex Corporation
CBM
| $22.3M | 0.01% |
326,155
+13,296
| +4% | +$822K |
|
|
NXTM
1331
DELISTED
NxStage Medical Inc.
NXTM
| $22.3M | 0.01% |
798,654
-1,889
| -0.2% | -$53.1K |
|
|
FCB
1332
DELISTED
FCB Financial Holdings, Inc.
FCB
| $22.2M | 0.01% |
468,223
+46,446
| +11% | +$2.46M |
|
1333
Acadia Pharmaceuticals
ACAD
$5.07B
| $22.2M | 0.01% |
1,067,238
+62,605
| +6% | +$985K |
|
1334
iShares MSCI Taiwan ETF
EWT
$11.4B
| – | – |
0
| – | – |
|
|
LTC
1335
LTC Properties
LTC
$2.09B
| $22.1M | 0.01% |
500,175
+55,501
| +12% | +$2.43M |
|
|
UCB
1336
United Community Banks
UCB
$4.39B
| $22M | 0.01% |
790,408
+51,055
| +7% | +$1.55M |
|
1337
American States Water
AWR
$3.49B
| $22M | 0.01% |
359,823
+20,658
| +6% | +$1.24M |
|
|
MNTA
1338
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $22M | 0.01% |
836,029
+37,146
| +5% | +$1M |
|
1339
Plexus
PLXS
$7.25B
| $21.9M | 0.01% |
374,153
-14,410
| -4% | -$882K |
|
1340
Sinclair Inc
SBGI
$1B
| $21.9M | 0.01% |
771,824
+37,722
| +5% | +$1.07M |
|
1341
Walker & Dunlop
WD
$1.45B
| $21.9M | 0.01% |
413,391
+30,146
| +8% | +$1.67M |
|
1342
G-III Apparel Group
GIII
$1.41B
| $21.8M | 0.01% |
452,207
+23,392
| +5% | +$1.06M |
|
1343
Renasant Corp
RNST
$3.96B
| $21.8M | 0.01% |
528,542
+61,329
| +13% | +$2.78M |
|
1344
Banner Corp
BANR
$2.5B
| $21.8M | 0.01% |
350,262
+26,034
| +8% | +$1.66M |
|
|
BEAT
1345
DELISTED
BioTelemetry, Inc.
BEAT
| $21.7M | 0.01% |
336,896
+20,502
| +6% | +$1.14M |
|
|
LTXB
1346
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $21.7M | 0.01% |
508,719
+12,711
| +3% | +$558K |
|
|
FLOW
1347
DELISTED
SPX FLOW, Inc.
FLOW
| $21.6M | 0.01% |
415,194
+29,320
| +8% | +$1.38M |
|
|
CVG
1348
DELISTED
Convergys
CVG
| $21.6M | 0.01% |
909,459
-82,993
| -8% | -$2.05M |
|
|
MDCO
1349
DELISTED
Medicines Co
MDCO
| $21.5M | 0.01% |
720,163
+36,764
| +5% | +$1.39M |
|
1350
Comfort Systems
FIX
$61.2B
| $21.5M | 0.01% |
381,861
+33,365
| +10% | +$1.79M |
|
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.