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 | |
|---|---|---|---|---|---|---|
1351
Mueller Industries
MLI
$15.4B
| $17.4M | 0.01% |
1,967,484
+80,388
| +4% | +$703K |
|
1352
Viavi Solutions
VIAV
$9.31B
| $17.4M | 0.01% |
1,993,506
-4,917
| -0.2% | -$44.5K |
|
1353
BCE
BCE
$21B
| $17.4M | 0.01% |
362,821
+26,591
| +8% | +$1.27M |
|
1354
Oceaneering
OII
$5.01B
| $17.4M | 0.01% |
821,192
+10,257
| +1% | +$218K |
|
|
MDCO
1355
DELISTED
Medicines Co
MDCO
| $17.3M | 0.01% |
633,073
+42
| +0% | +$1.29K |
|
|
LOXO
1356
DELISTED
Loxo Oncology, Inc
LOXO
| $17.3M | 0.01% |
205,082
-12,144
| -6% | -$1.01M |
|
1357
Eagle Bancorp
EGBN
$850M
| $17.3M | 0.01% |
298,080
+24,002
| +9% | +$1.54M |
|
|
LPNT
1358
DELISTED
LifePoint Health, Inc.
LPNT
| $17.3M | 0.01% |
346,476
-10,556
| -3% | -$524K |
|
1359
World Kinect Corp
WKC
$1.9B
| $17.2M | 0.01% |
612,743
-1,974
| -0.3% | -$59.5K |
|
1360
Ubiquiti
UI
$34.4B
| $17.2M | 0.01% |
242,671
-9,346
| -4% | -$599K |
|
|
SCS
1361
DELISTED
Steelcase
SCS
| $17.2M | 0.01% |
1,132,416
-41,363
| -4% | -$607K |
|
|
RYAM.PRA
1362
DELISTED
Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock
RYAM.PRA
| – | – |
0
| – | – |
|
1363
Hilltop Holdings
HTH
$2.23B
| $17.2M | 0.01% |
678,797
-11,527
| -2% | -$283K |
|
1364
Worthington Enterprises
WOR
$2.82B
| $17.1M | 0.01% |
631,122
-27,129
| -4% | -$724K |
|
1365
Exponent
EXPO
$3.24B
| $17.1M | 0.01% |
482,150
+14,606
| +3% | +$536K |
|
|
FLOW
1366
DELISTED
SPX FLOW, Inc.
FLOW
| $17.1M | 0.01% |
360,172
+17,485
| +5% | +$753K |
|
1367
Franklin Electric
FELE
$4.81B
| $17.1M | 0.01% |
372,691
+11,756
| +3% | +$531K |
|
1368
Cogent Communications
CCOI
$519M
| $17.1M | 0.01% |
377,427
+849
| +0.2% | +$40.4K |
|
1369
Corcept Therapeutics
CORT
$12.4B
| $17.1M | 0.01% |
945,350
-17,607
| -2% | -$319K |
|
1370
Qualys
QLYS
$6.56B
| $17.1M | 0.01% |
287,660
+9,376
| +3% | +$527K |
|
1371
Telus
TU
$14.9B
| $17.1M | 0.01% |
902,244
+87,996
| +11% | +$1.63M |
|
1372
Amkor Technology
AMKR
$13.6B
| $17M | 0.01% |
1,693,148
-111,377
| -6% | -$1.19M |
|
|
CALD
1373
DELISTED
Callidus Software, Inc.
CALD
| $17M | 0.01% |
593,786
+14,908
| +3% | +$407K |
|
|
LTC
1374
LTC Properties
LTC
$2.12B
| $17M | 0.01% |
389,958
+6,553
| +2% | +$303K |
|
1375
Extreme Networks
EXTR
$3.17B
| $17M | 0.01% |
1,355,595
+69,215
| +5% | +$854K |
|
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.