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 | |
|---|---|---|---|---|---|---|
1601
GameStop
GME
$8.32B
| $15.2M | ﹤0.01% |
3,982,232
-861,388
| -18% | -$3.3M |
|
1602
Caleres
CAL
$455M
| $15.2M | ﹤0.01% |
423,476
+12,579
| +3% | +$451K |
|
1603
Schwab International Equity ETF
SCHF
$69.1B
| – | – |
0
| – | – |
|
|
BEL
1604
DELISTED
Belmond Ltd.
BEL
| $15.2M | ﹤0.01% |
830,632
+33,261
| +4% | +$476K |
|
|
SNBR
1605
DELISTED
Sleep Number
SNBR
| $15.2M | ﹤0.01% |
412,032
-65,469
| -14% | -$2.12M |
|
1606
Shake Shack
SHAK
$2.94B
| $15.2M | ﹤0.01% |
240,445
+47,592
| +25% | +$2.89M |
|
1607
GSK
GSK
$101B
| $15.1M | ﹤0.01% |
300,737
+131,795
| +78% | +$6.7M |
|
|
LGF.A
1608
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $15.1M | ﹤0.01% |
617,711
+3,671
| +0.6% | +$86.8K |
|
1609
CVR Energy
CVI
$3.52B
| $15.1M | ﹤0.01% |
374,414
+95,745
| +34% | +$3.59M |
|
|
AKS
1610
DELISTED
AK Steel Holding Corp
AKS
| $15M | ﹤0.01% |
3,069,413
+237,125
| +8% | +$1.08M |
|
1611
Meritage Homes
MTH
$4.75B
| $15M | ﹤0.01% |
752,440
+33,138
| +5% | +$722K |
|
1612
Provident Financial Services
PFS
$3.24B
| $15M | ﹤0.01% |
609,864
+23,767
| +4% | +$617K |
|
1613
BJ's Restaurants
BJRI
$1.48B
| $14.9M | ﹤0.01% |
206,136
+20,505
| +11% | +$1.38M |
|
1614
Tronox
TROX
$985M
| $14.9M | ﹤0.01% |
1,244,451
+74,315
| +6% | +$1.22M |
|
1615
Puma Biotechnology
PBYI
$459M
| $14.9M | ﹤0.01% |
324,029
+19,396
| +6% | +$935K |
|
|
SPN
1616
DELISTED
Superior Energy Services, Inc.
SPN
| $14.9M | ﹤0.01% |
152,516
+11,086
| +8% | +$1.04M |
|
1617
CareTrust REIT
CTRE
$9.25B
| $14.9M | ﹤0.01% |
838,788
+70,913
| +9% | +$1.25M |
|
1618
The RMR Group
RMR
$337M
| $14.9M | ﹤0.01% |
160,073
-2,458
| -2% | -$216K |
|
|
RETA
1619
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $14.8M | ﹤0.01% |
181,348
+39,926
| +28% | +$2.81M |
|
1620
Strategy Inc
MSTR
$37.3B
| $14.8M | ﹤0.01% |
1,053,860
+119,370
| +13% | +$1.68M |
|
1621
Enpro
NPO
$7.23B
| $14.8M | ﹤0.01% |
202,809
+7,510
| +4% | +$555K |
|
1622
Ryanair
RYAAY
$30.8B
| $14.8M | ﹤0.01% |
384,335
+30,682
| +9% | +$1.26M |
|
1623
Theravance Biopharma
TBPH
$878M
| $14.7M | ﹤0.01% |
451,221
+16,500
| +4% | +$450K |
|
1624
First Busey Corp
BUSE
$2.58B
| $14.7M | ﹤0.01% |
474,412
+17,437
| +4% | +$554K |
|
1625
Primoris Services
PRIM
$4.39B
| $14.7M | ﹤0.01% |
593,191
-61,400
| -9% | -$1.61M |
|
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.