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 | |
|---|---|---|---|---|---|---|
1551
Abercrombie & Fitch
ANF
$4.99B
| $16.2M | ﹤0.01% |
768,969
-73,761
| -9% | -$1.79M |
|
|
OPTU
1552
Optimum Communications Inc
OPTU
$227M
| $16.2M | ﹤0.01% |
895,230
+93,963
| +12% | +$1.68M |
|
1553
Telus
TU
$15B
| $16.2M | ﹤0.01% |
881,916
+120,422
| +16% | +$2.21M |
|
1554
Universal Corp
UVV
$1.13B
| $16.2M | ﹤0.01% |
249,259
-4,129
| -2% | -$263K |
|
|
EVBG
1555
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $16.2M | ﹤0.01% |
280,621
+68,041
| +32% | +$3.67M |
|
|
SIR
1556
DELISTED
SELECT INCOME REIT
SIR
| $16.2M | ﹤0.01% |
1,675,194
+111,482
| +7% | +$1.05M |
|
1557
Rambus
RMBS
$11B
| $16.1M | ﹤0.01% |
1,478,557
+44,719
| +3% | +$544K |
|
1558
LivePerson
LPSN
$34.1M
| $16.1M | ﹤0.01% |
41,407
+4,051
| +11% | +$1.49M |
|
|
NVRO
1559
DELISTED
NEVRO CORP.
NVRO
| $16.1M | ﹤0.01% |
282,639
+18,202
| +7% | +$1.14M |
|
|
CVGW
1560
DELISTED
Calavo Growers
CVGW
| $16.1M | ﹤0.01% |
166,655
+7,583
| +5% | +$749K |
|
|
VRS
1561
DELISTED
Verso Corporation
VRS
| $16.1M | ﹤0.01% |
477,731
+52,677
| +12% | +$1.38M |
|
1562
NMI Holdings
NMIH
$3.38B
| $16.1M | ﹤0.01% |
709,333
+65,998
| +10% | +$1.38M |
|
|
MTOR
1563
DELISTED
MERITOR, Inc.
MTOR
| $16M | ﹤0.01% |
828,392
+29,417
| +4% | +$618K |
|
|
OCLR
1564
DELISTED
Oclaro Inc.
OCLR
| $16M | ﹤0.01% |
+1,792,210
| New | +$16.2M |
|
1565
Rapid7
RPD
$827M
| $16M | ﹤0.01% |
433,892
-1,143
| -0.3% | -$38.4K |
|
1566
HUB Group
HUBG
$2.46B
| $16M | ﹤0.01% |
701,796
+29,110
| +4% | +$724K |
|
|
AAT
1567
American Assets Trust
AAT
$1.39B
| $16M | ﹤0.01% |
427,878
-55,790
| -12% | -$2.14M |
|
|
TSRO
1568
DELISTED
TESARO, Inc.
TSRO
| $16M | ﹤0.01% |
409,003
+44,548
| +12% | +$1.57M |
|
|
VRTU
1569
DELISTED
Virtusa Corporation
VRTU
| $15.9M | ﹤0.01% |
296,708
+17,951
| +6% | +$976K |
|
|
MRC
1570
DELISTED
MRC Global
MRC
| $15.9M | ﹤0.01% |
846,976
+33,983
| +4% | +$700K |
|
|
IBTX
1571
DELISTED
Independent Bank Group, Inc.
IBTX
| $15.9M | ﹤0.01% |
239,512
+31,051
| +15% | +$2.12M |
|
1572
WSFS Financial
WSFS
$4.15B
| $15.8M | ﹤0.01% |
336,034
+17,906
| +6% | +$922K |
|
|
AFSI
1573
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $15.8M | ﹤0.01% |
1,090,469
+58,364
| +6% | +$849K |
|
1574
ICF International
ICFI
$1.61B
| $15.8M | ﹤0.01% |
209,601
+13,654
| +7% | +$1.05M |
|
|
SEMG
1575
DELISTED
SEMGROUP CORPORATION
SEMG
| $15.8M | ﹤0.01% |
715,624
+54,383
| +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.