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 | |
|---|---|---|---|---|---|---|
1476
Westamerica Bancorp
WABC
$1.35B
| $14.8M | 0.01% |
247,810
+9,932
| +4% | +$584K |
|
|
ESIO
1477
DELISTED
Electro Scientific Industries
ESIO
| $14.7M | 0.01% |
685,101
+286,902
| +72% | +$5.76M |
|
1478
AnaptysBio
ANAB
$1.66B
| $14.7M | 0.01% |
145,590
+66,074
| +83% | +$4.86M |
|
1479
Nelnet
NNI
$4.49B
| $14.6M | 0.01% |
267,418
-24,521
| -8% | -$1.33M |
|
|
TLRD
1480
DELISTED
Tailored Brands, Inc.
TLRD
| $14.6M | 0.01% |
670,678
+209,343
| +45% | +$3.52M |
|
|
CRZO
1481
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $14.6M | 0.01% |
687,946
+8,379
| +1% | +$155K |
|
|
NTRI
1482
DELISTED
NutriSystem, Inc.
NTRI
| $14.6M | 0.01% |
277,385
+14,130
| +5% | +$742K |
|
|
AKS
1483
DELISTED
AK Steel Holding Corp
AKS
| $14.5M | ﹤0.01% |
2,562,003
-412,574
| -14% | -$2.15M |
|
|
AMED
1484
DELISTED
Amedisys
AMED
| $14.5M | ﹤0.01% |
274,992
-11,780
| -4% | -$621K |
|
1485
Albany International
AIN
$1.73B
| $14.5M | ﹤0.01% |
235,766
+456
| +0.2% | +$27.5K |
|
|
PPBI
1486
DELISTED
Pacific Premier Bancorp
PPBI
| $14.5M | ﹤0.01% |
361,493
-17,439
| -5% | -$686K |
|
|
LGF.A
1487
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $14.4M | ﹤0.01% |
425,868
+45,623
| +12% | +$1.43M |
|
1488
Stepan Co
SCL
$1.47B
| $14.3M | ﹤0.01% |
181,175
+15,172
| +9% | +$1.25M |
|
1489
Wabash National
WNC
$512M
| $14.3M | ﹤0.01% |
659,301
-132,794
| -17% | -$2.77M |
|
|
ONCE
1490
DELISTED
Spark Therapeutics, Inc. Common Stock
ONCE
| $14.2M | ﹤0.01% |
276,319
+4,304
| +2% | +$309K |
|
1491
FTI Consulting
FCN
$4.18B
| $14M | ﹤0.01% |
326,498
-18,430
| -5% | -$752K |
|
|
BOBE
1492
DELISTED
Bob Evans Farms, Inc.
BOBE
| $14M | ﹤0.01% |
177,917
+720
| +0.4% | +$55.9K |
|
1493
Interface
TILE
$2.19B
| $13.9M | ﹤0.01% |
554,647
-5,591
| -1% | -$131K |
|
|
HTLF
1494
DELISTED
Heartland Financial USA, Inc.
HTLF
| $13.9M | ﹤0.01% |
259,827
+34,672
| +15% | +$1.75M |
|
1495
Shenandoah Telecom
SHEN
$750M
| $13.9M | ﹤0.01% |
412,327
+3,545
| +0.9% | +$130K |
|
1496
Provident Financial Services
PFS
$3.15B
| $13.9M | ﹤0.01% |
516,755
+1,765
| +0.3% | +$48K |
|
1497
Herc Holdings
HRI
$5.64B
| $13.9M | ﹤0.01% |
222,064
+6,731
| +3% | +$371K |
|
|
BMCH
1498
DELISTED
BMC Stock Holdings, Inc
BMCH
| $13.9M | ﹤0.01% |
549,473
+10,812
| +2% | +$242K |
|
1499
G-III Apparel Group
GIII
$1.48B
| $13.9M | ﹤0.01% |
376,677
-5,536
| -1% | -$162K |
|
1500
Aaon
AAON
$7.08B
| $13.9M | ﹤0.01% |
567,191
+13,740
| +2% | +$322K |
|
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.