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 | |
|---|---|---|---|---|---|---|
1576
Scansource
SCSC
$1.1B
| $12.2M | ﹤0.01% |
341,416
-38,650
| -10% | -$1.51M |
|
|
KRA
1577
DELISTED
Kraton Corporation
KRA
| $12.2M | ﹤0.01% |
253,408
+715
| +0.3% | +$33.1K |
|
|
GTT
1578
DELISTED
GTT Communications, Inc.
GTT
| $12.2M | ﹤0.01% |
259,627
+13,110
| +5% | +$500K |
|
1579
First Busey Corp
BUSE
$2.55B
| $12.2M | ﹤0.01% |
406,736
+2,216
| +0.5% | +$69K |
|
1580
Houlihan Lokey
HLI
$8.62B
| $12.2M | ﹤0.01% |
267,747
+20,548
| +8% | +$879K |
|
1581
Vodafone
VOD
$36.4B
| $12.1M | ﹤0.01% |
380,533
+23,374
| +7% | +$701K |
|
|
STRP
1582
DELISTED
Straight Path Communications Inc.
STRP
| $12.1M | ﹤0.01% |
66,757
-1,638
| -2% | -$297K |
|
1583
FIVE9
FIVN
$2.58B
| $12.1M | ﹤0.01% |
487,572
+16,829
| +4% | +$415K |
|
|
LQ
1584
DELISTED
La Quinta Holdings Inc.
LQ
| $12.1M | ﹤0.01% |
656,841
+4,673
| +0.7% | +$82.9K |
|
|
DYN
1585
DELISTED
Dynegy, Inc.
DYN
| $12.1M | ﹤0.01% |
1,022,684
-311,627
| -23% | -$3.48M |
|
|
KNL
1586
DELISTED
Knoll, Inc.
KNL
| $12.1M | ﹤0.01% |
525,042
-93,104
| -15% | -$1.94M |
|
|
BGC
1587
DELISTED
General Cable Corporation
BGC
| $12.1M | ﹤0.01% |
408,300
+1,612
| +0.4% | +$38.1K |
|
1588
Insight Enterprises
NSIT
$4.54B
| $12.1M | ﹤0.01% |
315,416
-76,943
| -20% | -$3.15M |
|
1589
Agree Realty
ADC
$9.22B
| $12.1M | ﹤0.01% |
234,631
+3,353
| +1% | +$166K |
|
1590
Kulicke & Soffa
KLIC
$4.53B
| $12.1M | ﹤0.01% |
495,908
+2,939
| +0.6% | +$70.1K |
|
1591
Quad
QUAD
$507M
| $12M | ﹤0.01% |
533,218
-24,496
| -4% | -$555K |
|
|
EPAY
1592
DELISTED
Bottomline Technologies Inc
EPAY
| $12M | ﹤0.01% |
347,398
+7,161
| +2% | +$240K |
|
1593
Paylocity
PCTY
$7.73B
| $12M | ﹤0.01% |
255,401
+8,450
| +3% | +$410K |
|
|
SPN
1594
DELISTED
Superior Energy Services, Inc.
SPN
| $12M | ﹤0.01% |
125,045
+911
| +0.7% | +$84.6K |
|
1595
Century Aluminum
CENX
$5.14B
| $12M | ﹤0.01% |
611,715
-133,490
| -18% | -$2.04M |
|
1596
CareTrust REIT
CTRE
$9.55B
| $12M | ﹤0.01% |
716,082
+43,988
| +7% | +$813K |
|
1597
Primoris Services
PRIM
$4.35B
| $12M | ﹤0.01% |
440,944
+47,568
| +12% | +$1.32M |
|
|
UHT
1598
Universal Health Realty Income Trust
UHT
$576M
| $12M | ﹤0.01% |
159,519
+2,133
| +1% | +$160K |
|
1599
Cavco Industries
CVCO
$4.48B
| $12M | ﹤0.01% |
78,414
+3,096
| +4% | +$465K |
|
|
VTLE
1600
DELISTED
Vital Energy
VTLE
| $12M | ﹤0.01% |
56,387
-632
| -1% | -$139K |
|
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.