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 | |
|---|---|---|---|---|---|---|
1601
Oil States International
OIS
$534M
| $11.9M | ﹤0.01% |
422,282
+4,056
| +1% | +$98.3K |
|
1602
iShares Core MSCI Emerging Markets ETF
IEMG
$155B
| – | – |
0
| – | – |
|
1603
Employers Holdings
EIG
$881M
| $11.9M | ﹤0.01% |
268,789
+10,211
| +4% | +$481K |
|
|
ARNA
1604
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $11.9M | ﹤0.01% |
351,181
+12,186
| +4% | +$347K |
|
|
BPFH
1605
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $11.9M | ﹤0.01% |
770,094
+19,959
| +3% | +$318K |
|
1606
Park National Corp
PRK
$3.63B
| $11.9M | ﹤0.01% |
114,250
+839
| +0.7% | +$91K |
|
|
RTEC
1607
DELISTED
Rudolph Technologies Inc
RTEC
| $11.8M | ﹤0.01% |
495,375
-28,820
| -5% | -$740K |
|
1608
MiMedx Group
MDXG
$622M
| $11.8M | ﹤0.01% |
937,581
-125,759
| -12% | -$1.53M |
|
|
AUD
1609
DELISTED
Audacy, Inc.
AUD
| $11.8M | ﹤0.01% |
1,094,713
+876,472
| +402% | +$9.97M |
|
1610
CONMED
CNMD
$1.48B
| $11.8M | ﹤0.01% |
231,425
+2,206
| +1% | +$115K |
|
|
IBTX
1611
DELISTED
Independent Bank Group, Inc.
IBTX
| $11.7M | ﹤0.01% |
173,683
+850
| +0.5% | +$55K |
|
|
CVGW
1612
DELISTED
Calavo Growers
CVGW
| $11.7M | ﹤0.01% |
138,726
+536
| +0.4% | +$39.5K |
|
1613
First Bancorp
FBP
$4.42B
| $11.7M | ﹤0.01% |
2,290,674
-424,143
| -16% | -$2.12M |
|
|
USCR
1614
DELISTED
U S Concrete, Inc.
USCR
| $11.7M | ﹤0.01% |
139,645
+5,556
| +4% | +$437K |
|
1615
Apogee Enterprises
APOG
$887M
| $11.7M | ﹤0.01% |
255,378
+3,016
| +1% | +$144K |
|
|
B
1616
Barrick Mining
B
$68.5B
| $11.7M | ﹤0.01% |
812,429
+196,069
| +32% | +$2.89M |
|
1617
LGI Homes
LGIH
$1.32B
| $11.7M | ﹤0.01% |
155,310
+925
| +0.6% | +$58.7K |
|
1618
Open Text
OTEX
$5.99B
| $11.6M | ﹤0.01% |
328,362
-92,929
| -22% | -$3.1M |
|
|
FSP
1619
Franklin Street Properties
FSP
$45.3M
| $11.6M | ﹤0.01% |
1,083,220
+19,494
| +2% | +$205K |
|
|
NGHC
1620
DELISTED
National General Holdings Corp
NGHC
| $11.6M | ﹤0.01% |
592,071
+22,925
| +4% | +$470K |
|
1621
Weibo
WB
$1.96B
| $11.6M | ﹤0.01% |
112,440
+8,219
| +8% | +$850K |
|
|
CALY
1622
Callaway Golf Company
CALY
$3.04B
| $11.6M | ﹤0.01% |
830,189
-70,143
| -8% | -$1.01M |
|
|
RPXC
1623
DELISTED
RPX Corporation
RPXC
| $11.6M | ﹤0.01% |
860,071
-39,888
| -4% | -$527K |
|
1624
Floor & Decor
FND
$6.3B
| $11.5M | ﹤0.01% |
237,103
+66,084
| +39% | +$2.67M |
|
1625
Coeur Mining
CDE
$18.7B
| $11.5M | ﹤0.01% |
1,534,046
+42,839
| +3% | +$336K |
|
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.