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 | |
|---|---|---|---|---|---|---|
|
VGR
1626
DELISTED
Vector Group Ltd.
VGR
| $14.7M | ﹤0.01% |
1,579,344
+62,965
| +4% | +$686K |
|
1627
Piper Sandler
PIPR
$5.34B
| $14.7M | ﹤0.01% |
768,636
-3,180
| -0.4% | -$61.1K |
|
1628
TriMas Corp
TRS
$1.41B
| $14.7M | ﹤0.01% |
482,466
+24,410
| +5% | +$740K |
|
1629
BCE
BCE
$21.6B
| $14.7M | ﹤0.01% |
360,660
+52,334
| +17% | +$2.16M |
|
1630
National Healthcare
NHC
$3.47B
| $14.7M | ﹤0.01% |
194,383
+11,366
| +6% | +$836K |
|
|
NP
1631
DELISTED
Neenah, Inc. Common Stock
NP
| $14.6M | ﹤0.01% |
169,341
+6,556
| +4% | +$585K |
|
1632
Patrick Industries
PATK
$2.79B
| $14.6M | ﹤0.01% |
368,691
+16,599
| +5% | +$683K |
|
|
SLCA
1633
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $14.5M | ﹤0.01% |
771,395
-33,214
| -4% | -$771K |
|
1634
Knowles
KN
$3.33B
| $14.5M | ﹤0.01% |
871,062
+53,238
| +7% | +$896K |
|
|
LMNX
1635
DELISTED
Luminex Corp
LMNX
| $14.5M | ﹤0.01% |
477,547
+18,657
| +4% | +$560K |
|
1636
Enova International
ENVA
$6.48B
| $14.5M | ﹤0.01% |
502,518
+73,220
| +17% | +$2.49M |
|
1637
NovoCure
NVCR
$2.05B
| $14.4M | ﹤0.01% |
275,646
-84,949
| -24% | -$3.38M |
|
1638
Editas Medicine
EDIT
$436M
| $14.4M | ﹤0.01% |
453,820
+7,105
| +2% | +$230K |
|
1639
MongoDB
MDB
$35.2B
| $14.4M | ﹤0.01% |
176,859
+13,074
| +8% | +$871K |
|
1640
Safety Insurance
SAFT
$1.52B
| $14.4M | ﹤0.01% |
160,807
+6,466
| +4% | +$597K |
|
1641
Floor & Decor
FND
$6.32B
| $14.4M | ﹤0.01% |
477,456
+107,456
| +29% | +$4.38M |
|
1642
Clearway Energy Class C
CWEN
$7.06B
| $14.4M | ﹤0.01% |
747,639
+33,243
| +5% | +$634K |
|
|
XOG
1643
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $14.4M | ﹤0.01% |
1,274,581
+31,839
| +3% | +$404K |
|
1644
Employers Holdings
EIG
$864M
| $14.4M | ﹤0.01% |
317,202
+17,032
| +6% | +$752K |
|
|
SASR
1645
DELISTED
Sandy Spring Bancorp Inc
SASR
| $14.4M | ﹤0.01% |
365,412
-4,436
| -1% | -$177K |
|
|
FG
1646
DELISTED
FGL Holdings Ordinary Shares
FG
| $14.3M | ﹤0.01% |
1,603,476
+123,271
| +8% | +$1.1M |
|
|
ANAT
1647
DELISTED
American National Group, Inc. Common Stock
ANAT
| $14.3M | ﹤0.01% |
110,551
+4,978
| +5% | +$636K |
|
1648
Park National Corp
PRK
$3.72B
| $14.3M | ﹤0.01% |
135,249
+5,758
| +4% | +$633K |
|
1649
Fortis
FTS
$28.7B
| $14.3M | ﹤0.01% |
441,281
+42,971
| +11% | +$1.4M |
|
1650
ArcBest
ARCB
$3.14B
| $14.3M | ﹤0.01% |
293,574
+17,638
| +6% | +$828K |
|
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.