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 | |
|---|---|---|---|---|---|---|
|
CJ
1376
DELISTED
C&J Energy Services, Inc.
CJ
| $17M | 0.01% |
506,506
+721
| +0.1% | +$21.7K |
|
|
RAD
1377
DELISTED
Rite Aid Corporation
RAD
| $16.9M | 0.01% |
430,116
-16,311
| -4% | -$583K |
|
|
PAY
1378
DELISTED
Verifone Systems Inc
PAY
| $16.9M | 0.01% |
953,786
+24,691
| +3% | +$459K |
|
|
BID
1379
DELISTED
Sotheby's
BID
| $16.9M | 0.01% |
327,106
-4,732
| -1% | -$236K |
|
1380
Ultragenyx Pharmaceutical
RARE
$2.54B
| $16.8M | 0.01% |
363,190
-419
| -0.1% | -$20.5K |
|
1381
Opko Health
OPK
$1.03B
| $16.8M | 0.01% |
3,429,271
+78,477
| +2% | +$455K |
|
1382
Capitol Federal Financial
CFFN
$1.09B
| $16.8M | 0.01% |
1,251,797
+54,531
| +5% | +$764K |
|
1383
Banner Corp
BANR
$2.41B
| $16.8M | 0.01% |
304,262
+34,925
| +13% | +$2.02M |
|
1384
Dorman Products
DORM
$4.11B
| $16.8M | 0.01% |
274,308
+6,718
| +3% | +$455K |
|
1385
Cars.com
CARS
$635M
| $16.7M | 0.01% |
580,154
+3,020
| +0.5% | +$78.1K |
|
1386
Enpro
NPO
$7B
| $16.7M | 0.01% |
178,917
+6,292
| +4% | +$533K |
|
1387
NETGEAR
NTGR
$632M
| $16.7M | 0.01% |
284,466
-103,299
| -27% | -$5.29M |
|
1388
Monro
MNRO
$370M
| $16.7M | 0.01% |
292,602
+387
| +0.1% | +$20.1K |
|
|
CSOD
1389
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $16.6M | 0.01% |
471,023
+18,074
| +4% | +$674K |
|
1390
Pegasystems
PEGA
$5.38B
| $16.6M | 0.01% |
704,688
+14,488
| +2% | +$389K |
|
1391
Renasant Corp
RNST
$3.89B
| $16.6M | 0.01% |
405,883
+8,037
| +2% | +$336K |
|
|
XOG
1392
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $16.6M | 0.01% |
1,159,329
+14,321
| +1% | +$219K |
|
1393
First Financial Bancorp
FFBC
$3.52B
| $16.6M | 0.01% |
629,569
+21,124
| +3% | +$572K |
|
1394
Moelis & Co
MC
$4.76B
| $16.6M | 0.01% |
341,654
+21,824
| +7% | +$986K |
|
1395
Ameris Bancorp
ABCB
$5.85B
| $16.6M | 0.01% |
343,705
+7,768
| +2% | +$376K |
|
|
SRCI
1396
DELISTED
SRC Energy Inc
SRCI
| $16.6M | 0.01% |
1,941,643
+293,074
| +18% | +$2.58M |
|
|
ALEX
1397
DELISTED
Alexander & Baldwin
ALEX
| $16.6M | 0.01% |
379,110
+3,770
| +1% | +$147K |
|
|
AMWD
1398
DELISTED
American Woodmark
AMWD
| $16.5M | 0.01% |
126,721
+810
| +0.6% | +$85.1K |
|
1399
First Hawaiian
FHB
$3.32B
| $16.5M | 0.01% |
565,659
+44,364
| +9% | +$1.3M |
|
1400
Kite Realty
KRG
$5.27B
| $16.5M | 0.01% |
841,719
+23,132
| +3% | +$450K |
|
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.