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 | |
|---|---|---|---|---|---|---|
|
HF
1526
DELISTED
HFF Inc.
HF
| $16.7M | ﹤0.01% |
393,648
+25,817
| +7% | +$1.09M |
|
|
SRG
1527
Seritage Growth Properties
SRG
$131M
| $16.7M | ﹤0.01% |
351,479
+31,516
| +10% | +$1.49M |
|
1528
Enerpac Tool Group
EPAC
$1.91B
| $16.7M | ﹤0.01% |
597,886
+33,063
| +6% | +$953K |
|
1529
Central Garden & Pet Co Class A
CENTA
$2.43B
| $16.6M | ﹤0.01% |
628,009
+84,949
| +16% | +$2.58M |
|
|
ALEX
1530
DELISTED
Alexander & Baldwin
ALEX
| $16.6M | ﹤0.01% |
733,359
+36,529
| +5% | +$866K |
|
|
DOCU
1531
DocuSign
DOCU
$11.1B
| $16.6M | ﹤0.01% |
316,420
+24,955
| +9% | +$1.42M |
|
|
WAGE
1532
DELISTED
WageWorks, Inc.
WAGE
| $16.5M | ﹤0.01% |
386,837
+16,231
| +4% | +$819K |
|
1533
Agree Realty
ADC
$9.25B
| $16.5M | ﹤0.01% |
311,316
+20,862
| +7% | +$1.13M |
|
1534
Helios Technologies
HLIO
$2.67B
| $16.5M | ﹤0.01% |
301,855
+11,279
| +4% | +$571K |
|
1535
Nelnet
NNI
$4.52B
| $16.5M | ﹤0.01% |
288,435
+6,434
| +2% | +$377K |
|
1536
Fabrinet
FN
$20.5B
| $16.5M | ﹤0.01% |
356,379
+14,777
| +4% | +$635K |
|
|
TIVO
1537
DELISTED
Tivo Inc
TIVO
| $16.5M | ﹤0.01% |
1,323,013
+31,129
| +2% | +$402K |
|
1538
Interface
TILE
$2.24B
| $16.4M | ﹤0.01% |
703,396
+58,488
| +9% | +$1.36M |
|
1539
Insmed
INSM
$28.9B
| $16.4M | ﹤0.01% |
811,463
+38,507
| +5% | +$870K |
|
1540
Houlihan Lokey
HLI
$8.63B
| $16.4M | ﹤0.01% |
364,947
+17,852
| +5% | +$865K |
|
1541
S&T Bancorp
STBA
$1.82B
| $16.4M | ﹤0.01% |
378,052
+16,151
| +4% | +$731K |
|
|
NAVG
1542
DELISTED
Navigators Group Inc
NAVG
| $16.4M | ﹤0.01% |
237,167
+11,019
| +5% | +$706K |
|
1543
Matsons
MATX
$6.41B
| $16.4M | ﹤0.01% |
412,914
+25,221
| +7% | +$934K |
|
|
IPHI
1544
DELISTED
INPHI CORPORATION
IPHI
| $16.4M | ﹤0.01% |
430,527
+24,450
| +6% | +$843K |
|
|
EFII
1545
DELISTED
Electronics for Imaging
EFII
| $16.4M | ﹤0.01% |
479,807
+34,389
| +8% | +$1.17M |
|
|
MOMO
1546
Hello Group
MOMO
$867M
| $16.3M | ﹤0.01% |
375,044
+74,683
| +25% | +$3.27M |
|
1547
Archrock
AROC
$5.84B
| $16.3M | ﹤0.01% |
1,338,838
+106,072
| +9% | +$1.34M |
|
|
AYX
1548
DELISTED
Alteryx Inc
AYX
| $16.3M | ﹤0.01% |
285,056
+47,957
| +20% | +$2.44M |
|
1549
Mueller Industries
MLI
$15.1B
| $16.3M | ﹤0.01% |
2,245,620
+159,712
| +8% | +$1.23M |
|
|
IMPV
1550
DELISTED
Imperva, Inc.
IMPV
| $16.3M | ﹤0.01% |
349,879
+13,494
| +4% | +$653K |
|
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.