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 | |
|---|---|---|---|---|---|---|
|
RAVN
1651
DELISTED
Raven Industries Inc
RAVN
| $11.1M | ﹤0.01% |
322,019
+3,451
| +1% | +$118K |
|
|
DF
1652
DELISTED
Dean Foods Company
DF
| $11M | ﹤0.01% |
953,089
-159,858
| -14% | -$1.7M |
|
1653
Universal Insurance Holdings
UVE
$1.21B
| $11M | ﹤0.01% |
402,588
-69,661
| -15% | -$1.75M |
|
|
RDUS
1654
DELISTED
Radius Recycling
RDUS
| $11M | ﹤0.01% |
328,633
-26,041
| -7% | -$761K |
|
|
FMI
1655
DELISTED
Foundation Medicine, Inc.
FMI
| $11M | ﹤0.01% |
161,420
+18,289
| +13% | +$948K |
|
|
GCI
1656
DELISTED
Gannett Co., Inc
GCI
| $11M | ﹤0.01% |
947,082
-2,871
| -0.3% | -$30K |
|
|
NTUS
1657
DELISTED
Natus Medical Inc
NTUS
| $11M | ﹤0.01% |
287,270
-1,996
| -0.7% | -$79.7K |
|
|
NXGN
1658
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $11M | ﹤0.01% |
807,746
+28,958
| +4% | +$416K |
|
|
VRTU
1659
DELISTED
Virtusa Corporation
VRTU
| $11M | ﹤0.01% |
248,677
+1,425
| +0.6% | +$60.4K |
|
|
IPXL
1660
DELISTED
Impax Laboratories, Inc.
IPXL
| $11M | ﹤0.01% |
658,031
-7,690
| -1% | -$141K |
|
1661
Evertec
EVTC
$1.77B
| $11M | ﹤0.01% |
802,358
-65,822
| -8% | -$932K |
|
1662
Safety Insurance
SAFT
$1.52B
| $10.9M | ﹤0.01% |
136,161
+5,951
| +5% | +$481K |
|
1663
Astec Industries
ASTE
$991M
| $10.9M | ﹤0.01% |
186,709
+618
| +0.3% | +$33.2K |
|
1664
TriMas Corp
TRS
$1.43B
| $10.9M | ﹤0.01% |
408,153
+10,445
| +3% | +$278K |
|
1665
Heartland Express
HTLD
$911M
| $10.9M | ﹤0.01% |
467,533
+8,424
| +2% | +$190K |
|
1666
AZZ Inc
AZZ
$4.58B
| $10.9M | ﹤0.01% |
213,448
+1,758
| +0.8% | +$83.2K |
|
1667
Global Net Lease
GNL
$1.95B
| $10.9M | ﹤0.01% |
529,075
+57,979
| +12% | +$1.25M |
|
1668
Adeia
ADEA
$3.07B
| $10.9M | ﹤0.01% |
1,686,625
+21,788
| +1% | +$128K |
|
|
BRKL
1669
DELISTED
Brookline Bancorp
BRKL
| $10.9M | ﹤0.01% |
691,661
-39,628
| -5% | -$618K |
|
1670
8x8 Inc
EGHT
$324M
| $10.9M | ﹤0.01% |
770,067
-54,001
| -7% | -$746K |
|
|
CYS
1671
DELISTED
CYS Investments Inc.
CYS
| $10.8M | ﹤0.01% |
1,347,909
+73,580
| +6% | +$609K |
|
|
TWNK
1672
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $10.8M | ﹤0.01% |
730,759
-24,088
| -3% | -$317K |
|
1673
AAR Corp
AIR
$5.74B
| $10.8M | ﹤0.01% |
274,987
+11,541
| +4% | +$465K |
|
1674
SPX Corp
SPXC
$10.6B
| $10.8M | ﹤0.01% |
343,162
+1,604
| +0.5% | +$48.6K |
|
1675
KRONOS Worldwide
KRO
$977M
| $10.8M | ﹤0.01% |
417,916
-28,321
| -6% | -$742K |
|
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.