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 | |
|---|---|---|---|---|---|---|
1426
STAAR Surgical
STAA
$1.27B
| $19.3M | 0.01% |
402,771
+30,364
| +8% | +$1.24M |
|
|
SEM
1427
DELISTED
Select Medical
SEM
| $19.3M | 0.01% |
1,949,557
+122,420
| +7% | +$1.27M |
|
1428
Shenandoah Telecom
SHEN
$721M
| $19.3M | 0.01% |
498,231
+18,712
| +4% | +$667K |
|
|
INVX
1429
Innovex International
INVX
$2.13B
| $19.3M | 0.01% |
369,190
+16,502
| +5% | +$861K |
|
1430
Thomson Reuters
TRI
$44.5B
| $19.3M | 0.01% |
365,561
-203,926
| -36% | -$10.2M |
|
1431
United Parks & Resorts
PRKS
$2.01B
| $19.2M | 0.01% |
612,427
+23,617
| +4% | +$616K |
|
1432
Kaiser Aluminum
KALU
$3.1B
| $19.2M | 0.01% |
176,479
+6,668
| +4% | +$724K |
|
|
CADE
1433
DELISTED
Cadence Bancorporation
CADE
| $19.2M | 0.01% |
735,697
+261,642
| +55% | +$7.34M |
|
|
KAMN
1434
DELISTED
Kaman Corp
KAMN
| $19.2M | 0.01% |
287,093
+10,905
| +4% | +$721K |
|
|
FOE
1435
DELISTED
Ferro Corporation
FOE
| $19.1M | 0.01% |
821,533
+55,431
| +7% | +$1.23M |
|
|
PNK
1436
DELISTED
Pinnacle Entertainment Inc.
PNK
| $19.1M | 0.01% |
565,987
+37,103
| +7% | +$1.25M |
|
|
GCP
1437
DELISTED
GCP Applied Technologies Inc.
GCP
| $19M | 0.01% |
717,160
+52,209
| +8% | +$1.41M |
|
|
DLPH
1438
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $19M | 0.01% |
607,143
+10,155
| +2% | +$402K |
|
1439
Capitol Federal Financial
CFFN
$1.1B
| $19M | 0.01% |
1,493,520
+95,065
| +7% | +$1.25M |
|
1440
Evolent Health
EVH
$471M
| $19M | 0.01% |
668,697
+60,092
| +10% | +$1.43M |
|
|
TVTY
1441
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $19M | 0.01% |
589,639
+41,476
| +8% | +$1.41M |
|
1442
HNI Corp
HNI
$3.55B
| $18.9M | 0.01% |
428,183
+27,078
| +7% | +$1.14M |
|
|
SGMO
1443
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $18.9M | 0.01% |
1,113,615
+32,047
| +3% | +$487K |
|
|
NGHC
1444
DELISTED
National General Holdings Corp
NGHC
| $18.9M | 0.01% |
702,314
+34,580
| +5% | +$938K |
|
1445
Synaptics
SYNA
$4.3B
| $18.8M | 0.01% |
412,808
+21,821
| +6% | +$1.04M |
|
|
BRSP
1446
BrightSpire Capital
BRSP
$628M
| $18.8M | 0.01% |
855,714
+635,671
| +289% | +$13.3M |
|
|
LADR
1447
Ladder Capital
LADR
$1.25B
| $18.8M | 0.01% |
1,110,601
+269,007
| +32% | +$4.49M |
|
1448
Red Rock Resorts
RRR
$3.73B
| $18.8M | 0.01% |
705,283
+55,892
| +9% | +$1.8M |
|
|
TPH
1449
DELISTED
Tri Pointe Homes
TPH
| $18.8M | 0.01% |
1,515,234
+36,591
| +2% | +$541K |
|
|
CVA
1450
DELISTED
Covanta Holding Corporation
CVA
| $18.7M | 0.01% |
1,153,158
-52,154
| -4% | -$893K |
|
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.