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 | |
|---|---|---|---|---|---|---|
|
GTT
1576
DELISTED
GTT Communications, Inc.
GTT
| $15.7M | ﹤0.01% |
361,803
+45,630
| +14% | +$1.95M |
|
|
WIFI
1577
DELISTED
Boingo Wireless, Inc.
WIFI
| $15.6M | ﹤0.01% |
448,342
+34,474
| +8% | +$1M |
|
|
CLVS
1578
DELISTED
Clovis Oncology, Inc.
CLVS
| $15.6M | ﹤0.01% |
532,635
+20,681
| +4% | +$801K |
|
1579
Federal Signal
FSS
$7.71B
| $15.6M | ﹤0.01% |
583,385
+22,987
| +4% | +$581K |
|
1580
Penske Automotive Group
PAG
$14.3B
| $15.6M | ﹤0.01% |
329,325
+1,942
| +0.6% | +$98.7K |
|
1581
Enanta Pharmaceuticals
ENTA
$393M
| $15.6M | ﹤0.01% |
181,970
+11,572
| +7% | +$1.16M |
|
1582
US Physical Therapy
USPH
$1.22B
| $15.5M | ﹤0.01% |
131,111
+15,337
| +13% | +$1.73M |
|
1583
Cal-Maine
CALM
$3.86B
| $15.5M | ﹤0.01% |
320,904
+13,564
| +4% | +$649K |
|
1584
Gibraltar Industries
ROCK
$1.46B
| $15.5M | ﹤0.01% |
339,426
+29,472
| +10% | +$1.27M |
|
|
BBT
1585
Beacon Financial Corp
BBT
$2.69B
| $15.5M | ﹤0.01% |
379,651
+9,865
| +3% | +$410K |
|
1586
Papa John's
PZZA
$793M
| $15.4M | ﹤0.01% |
301,303
+42,183
| +16% | +$1.95M |
|
1587
Kearny Financial
KRNY
$600M
| $15.4M | ﹤0.01% |
1,114,976
+46,723
| +4% | +$642K |
|
1588
Hilltop Holdings
HTH
$2.25B
| $15.4M | ﹤0.01% |
765,486
+43,564
| +6% | +$922K |
|
|
LNW
1589
DELISTED
Light & Wonder
LNW
| $15.4M | ﹤0.01% |
607,360
+52,998
| +10% | +$1.92M |
|
1590
Denali Therapeutics
DNLI
$4.04B
| $15.4M | ﹤0.01% |
709,345
+503,195
| +244% | +$8.32M |
|
1591
W&T Offshore
WTI
$555M
| $15.4M | ﹤0.01% |
1,595,913
-156,480
| -9% | -$1.13M |
|
|
IMGN
1592
DELISTED
Immunogen Inc
IMGN
| $15.3M | ﹤0.01% |
1,620,786
+102,624
| +7% | +$987K |
|
|
TIER
1593
DELISTED
TIER REIT, Inc.
TIER
| $15.3M | ﹤0.01% |
636,032
+85,406
| +16% | +$2.02M |
|
1594
Oxford Industries
OXM
$538M
| $15.3M | ﹤0.01% |
169,894
+10,238
| +6% | +$931K |
|
1595
Kforce
KFRC
$1.03B
| $15.3M | ﹤0.01% |
406,565
+29,691
| +8% | +$1.17M |
|
|
MSGN
1596
DELISTED
MSG Networks Inc.
MSGN
| $15.3M | ﹤0.01% |
592,010
-92,161
| -13% | -$2.21M |
|
1597
Corcept Therapeutics
CORT
$12.1B
| $15.3M | ﹤0.01% |
1,089,329
+110,170
| +11% | +$1.54M |
|
|
MB
1598
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $15.3M | ﹤0.01% |
375,428
+26,762
| +8% | +$1.05M |
|
1599
Global Net Lease
GNL
$1.9B
| $15.2M | ﹤0.01% |
731,372
+126,212
| +21% | +$2.67M |
|
1600
Boise Cascade
BCC
$2.94B
| $15.2M | ﹤0.01% |
413,535
+15,361
| +4% | +$669K |
|
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.