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 | |
|---|---|---|---|---|---|---|
|
GOV
1426
DELISTED
Government Properties Income Trust
GOV
| $16M | 0.01% |
862,158
+19,151
| +2% | +$357K |
|
|
FOE
1427
DELISTED
Ferro Corporation
FOE
| $15.9M | 0.01% |
676,043
+1,767
| +0.3% | +$41.8K |
|
|
SEMG
1428
DELISTED
SEMGROUP CORPORATION
SEMG
| $15.9M | 0.01% |
528,012
+22,062
| +4% | +$582K |
|
1429
Piper Sandler
PIPR
$5.29B
| $15.9M | 0.01% |
736,420
+52,980
| +8% | +$955K |
|
1430
Ryanair
RYAAY
$31.1B
| $15.8M | 0.01% |
380,193
+13,843
| +4% | +$616K |
|
|
QCP
1431
DELISTED
Quality Care Properties, Inc.
QCP
| $15.8M | 0.01% |
1,144,663
-28,895
| -2% | -$441K |
|
1432
First Merchants
FRME
$2.66B
| $15.8M | 0.01% |
375,459
-2,479
| -0.7% | -$106K |
|
1433
Meritage Homes
MTH
$4.7B
| $15.8M | 0.01% |
616,602
-14,714
| -2% | -$365K |
|
1434
Terreno Realty
TRNO
$7.41B
| $15.8M | 0.01% |
450,018
+45,458
| +11% | +$1.67M |
|
1435
NBT Bancorp
NBTB
$2.72B
| $15.8M | 0.01% |
428,153
+6,242
| +1% | +$235K |
|
|
SEM
1436
DELISTED
Select Medical
SEM
| $15.7M | 0.01% |
1,655,931
+5,299
| +0.3% | +$50.6K |
|
1437
Axos Financial
AX
$5.62B
| $15.7M | 0.01% |
524,069
+3,431
| +0.7% | +$93.3K |
|
|
CSFL
1438
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $15.7M | 0.01% |
608,968
+76,944
| +14% | +$2.05M |
|
1439
Werner Enterprises
WERN
$2.23B
| $15.6M | 0.01% |
404,304
-4,354
| -1% | -$158K |
|
|
SPTN
1440
DELISTED
SpartanNash
SPTN
| $15.6M | 0.01% |
585,491
+13,395
| +2% | +$333K |
|
|
UPL
1441
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $15.6M | 0.01% |
1,721,282
-188,763
| -10% | -$1.65M |
|
1442
Rambus
RMBS
$10.8B
| $15.5M | 0.01% |
1,090,281
+58,426
| +6% | +$840K |
|
1443
Forward Air
FWRD
$645M
| $15.5M | 0.01% |
269,436
-1,972
| -0.7% | -$113K |
|
1444
Emergent Biosolutions
EBS
$234M
| $15.4M | 0.01% |
331,927
+2,536
| +0.8% | +$107K |
|
1445
Northwest Natural Holdings
NWN
$2.09B
| $15.4M | 0.01% |
258,165
-3,561
| -1% | -$233K |
|
|
SPPI
1446
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $15.4M | 0.01% |
811,847
+157,130
| +24% | +$2.85M |
|
1447
WD-40
WDFC
$3.13B
| $15.4M | 0.01% |
130,351
+5,154
| +4% | +$591K |
|
|
TIME
1448
DELISTED
Time Inc.
TIME
| $15.4M | 0.01% |
833,074
-20,644
| -2% | -$309K |
|
1449
Brookdale Senior Living
BKD
$3.29B
| $15.4M | 0.01% |
1,583,360
+17,455
| +1% | +$178K |
|
1450
Walker & Dunlop
WD
$1.44B
| $15.4M | 0.01% |
323,222
-41,759
| -11% | -$2.13M |
|
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.