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 | |
|---|---|---|---|---|---|---|
1401
Kaiser Aluminum
KALU
$3.05B
| $16.5M | 0.01% |
154,217
+3,217
| +2% | +$322K |
|
1402
Mueller Water Products
MWA
$4.1B
| $16.5M | 0.01% |
1,314,933
+2,329
| +0.2% | +$28.7K |
|
|
EBIX
1403
DELISTED
Ebix Inc
EBIX
| $16.5M | 0.01% |
207,806
+9,104
| +5% | +$662K |
|
|
SNBR
1404
DELISTED
Sleep Number
SNBR
| $16.4M | 0.01% |
437,348
+30,222
| +7% | +$1.03M |
|
|
ARGO
1405
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $16.4M | 0.01% |
306,662
+1,986
| +0.7% | +$106K |
|
1406
Otter Tail
OTTR
$3.89B
| $16.4M | 0.01% |
369,334
+10,093
| +3% | +$463K |
|
1407
Towne Bank
TOWN
$3.38B
| $16.4M | 0.01% |
533,828
+12,601
| +2% | +$420K |
|
|
AAT
1408
American Assets Trust
AAT
$1.38B
| $16.4M | 0.01% |
428,615
+6,114
| +1% | +$240K |
|
1409
Caesars Entertainment
CZR
$6.14B
| $16.4M | 0.01% |
494,114
+13,305
| +3% | +$386K |
|
1410
Mercury Insurance
MCY
$5.97B
| $16.4M | 0.01% |
306,240
+13,451
| +5% | +$740K |
|
|
KS
1411
DELISTED
KapStone Paper and Pack Corp.
KS
| $16.4M | 0.01% |
720,933
+2,418
| +0.3% | +$53.4K |
|
|
TRTN
1412
DELISTED
Triton International Limited
TRTN
| $16.3M | 0.01% |
436,484
+62,673
| +17% | +$2.41M |
|
|
DMC
1413
Del Monte Corp
DMC
$1.41B
| $16.3M | 0.01% |
342,599
-43,568
| -11% | -$2.05M |
|
|
PNK
1414
DELISTED
Pinnacle Entertainment Inc.
PNK
| $16.3M | 0.01% |
498,895
+1,302
| +0.3% | +$36.3K |
|
1415
Quaker Houghton
KWR
$2.9B
| $16.3M | 0.01% |
108,215
+365
| +0.3% | +$56.5K |
|
1416
Omnicell
OMCL
$1.69B
| $16.3M | 0.01% |
335,869
+13,757
| +4% | +$694K |
|
|
NVRO
1417
DELISTED
NEVRO CORP.
NVRO
| $16.3M | 0.01% |
235,883
+1,428
| +0.6% | +$114K |
|
1418
Saia
SAIA
$9.5B
| $16.2M | 0.01% |
229,521
+8,259
| +4% | +$530K |
|
|
ACH
1419
Accendra Health
ACH
$99.6M
| $16.2M | 0.01% |
858,736
+82,263
| +11% | +$1.82M |
|
1420
Invesco Mortgage Capital
IVR
$794M
| $16.2M | 0.01% |
90,645
+392
| +0.4% | +$69.2K |
|
|
COTV
1421
DELISTED
Cotiviti Holdings, Inc.
COTV
| $16.1M | 0.01% |
501,205
+16,683
| +3% | +$553K |
|
|
IMMU
1422
DELISTED
Immunomedics Inc
IMMU
| $16.1M | 0.01% |
996,333
+84,407
| +9% | +$996K |
|
1423
WesBanco
WSBC
$3.99B
| $16.1M | 0.01% |
395,310
+26,012
| +7% | +$1.06M |
|
|
CZR
1424
DELISTED
Caesars Entertainment Corporation
CZR
| $16.1M | 0.01% |
1,269,353
+710,336
| +127% | +$9.01M |
|
|
CHS
1425
DELISTED
Chicos FAS, Inc.
CHS
| $16M | 0.01% |
1,819,157
+86,759
| +5% | +$721K |
|
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.