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 | |
|---|---|---|---|---|---|---|
1476
Warrior Met Coal
HCC
$5.11B
| $18M | 0.01% |
666,882
+151,831
| +29% | +$3.88M |
|
|
DOOR
1477
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $18M | 0.01% |
280,987
+27,271
| +11% | +$1.86M |
|
1478
National Beverage
FIZZ
$2.9B
| $18M | 0.01% |
308,778
+11,766
| +4% | +$660K |
|
|
HTLF
1479
DELISTED
Heartland Financial USA, Inc.
HTLF
| $18M | 0.01% |
310,117
+30,628
| +11% | +$1.82M |
|
1480
Gentherm
THRM
$1.27B
| $18M | 0.01% |
395,740
+14,770
| +4% | +$670K |
|
1481
Orthofix Medical
OFIX
$424M
| $18M | 0.01% |
310,693
+20,036
| +7% | +$1.12M |
|
|
SRDX
1482
DELISTED
Surmodics
SRDX
| $18M | 0.01% |
240,584
+50,968
| +27% | +$3.51M |
|
1483
Horace Mann Educators
HMN
$2.09B
| $18M | 0.01% |
399,864
+26,590
| +7% | +$1.21M |
|
|
INN
1484
Summit Hotel Properties
INN
$655M
| $17.9M | 0.01% |
1,326,750
+125,692
| +10% | +$1.73M |
|
|
TLRD
1485
DELISTED
Tailored Brands, Inc.
TLRD
| $17.9M | 0.01% |
711,937
+86,363
| +14% | +$1.98M |
|
1486
Atkore
ATKR
$3.17B
| $17.9M | 0.01% |
674,057
+21,433
| +3% | +$535K |
|
1487
Brookdale Senior Living
BKD
$3.1B
| $17.8M | 0.01% |
1,814,661
+71,021
| +4% | +$653K |
|
1488
Mueller Water Products
MWA
$4.09B
| $17.8M | 0.01% |
1,547,704
+93,534
| +6% | +$1.11M |
|
1489
Invesco Mortgage Capital
IVR
$802M
| $17.8M | 0.01% |
112,420
+11,060
| +11% | +$1.79M |
|
1490
LXP Industrial Trust
LXP
$3.58B
| $17.8M | 0.01% |
427,878
+28,858
| +7% | +$1.26M |
|
1491
Werner Enterprises
WERN
$2.27B
| $17.7M | 0.01% |
501,057
+23,939
| +5% | +$887K |
|
1492
Aaon
AAON
$7.03B
| $17.7M | 0.01% |
702,602
+50,646
| +8% | +$1.3M |
|
|
NSA
1493
DELISTED
National Storage Affiliates Trust
NSA
| $17.7M | 0.01% |
695,813
+133,756
| +24% | +$3.81M |
|
1494
DNOW Inc
DNOW
$3.04B
| $17.7M | 0.01% |
1,068,778
+49,424
| +5% | +$784K |
|
1495
Arrowhead Research
ARWR
$12.3B
| $17.7M | 0.01% |
922,163
+48,251
| +6% | +$792K |
|
1496
B&G Foods
BGS
$291M
| $17.7M | 0.01% |
643,663
+30,352
| +5% | +$942K |
|
|
PPBI
1497
DELISTED
Pacific Premier Bancorp
PPBI
| $17.6M | 0.01% |
472,453
+68,458
| +17% | +$2.62M |
|
1498
Amneal Pharmaceuticals
AMRX
$6.15B
| $17.3M | ﹤0.01% |
781,525
+40,341
| +5% | +$849K |
|
1499
Worthington Enterprises
WOR
$2.78B
| $17.3M | ﹤0.01% |
648,678
-20,597
| -3% | -$579K |
|
1500
Allegiant Air
ALGT
$2.31B
| $17.3M | ﹤0.01% |
136,572
+9,966
| +8% | +$1.33M |
|
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.