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 | |
|---|---|---|---|---|---|---|
1676
iShares Core MSCI Emerging Markets ETF
IEMG
$158B
| – | – |
0
| – | – |
|
1677
Cactus
WHD
$5.8B
| $13.8M | ﹤0.01% |
360,737
+118,883
| +49% | +$4.07M |
|
1678
Kratos Defense & Security Solutions
KTOS
$12B
| $13.8M | ﹤0.01% |
932,944
+67,831
| +8% | +$896K |
|
1679
SPX Corp
SPXC
$10.9B
| $13.8M | ﹤0.01% |
413,761
+16,256
| +4% | +$572K |
|
|
WEB
1680
DELISTED
Web.com Group, Inc.
WEB
| $13.8M | ﹤0.01% |
493,628
+17,528
| +4% | +$473K |
|
1681
McGrath RentCorp
MGRC
$2.94B
| $13.8M | ﹤0.01% |
252,692
+9,628
| +4% | +$561K |
|
|
MCRN
1682
DELISTED
Milacron Holdings Corp.
MCRN
| $13.7M | ﹤0.01% |
676,869
+168,935
| +33% | +$3.42M |
|
1683
Benchmark Electronics
BHE
$2.94B
| $13.7M | ﹤0.01% |
584,721
+23,360
| +4% | +$616K |
|
1684
Myers Industries
MYE
$1.23B
| $13.7M | ﹤0.01% |
587,735
+170,173
| +41% | +$3.65M |
|
|
RPT
1685
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $13.7M | ﹤0.01% |
1,003,819
+117,084
| +13% | +$1.56M |
|
|
MRTX
1686
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $13.6M | ﹤0.01% |
288,925
+17,182
| +6% | +$957K |
|
1687
Chesapeake Utilities
CPK
$3.25B
| $13.6M | ﹤0.01% |
162,132
+10,144
| +7% | +$862K |
|
1688
Kinsale Capital Group
KNSL
$8.51B
| $13.6M | ﹤0.01% |
212,581
+7,497
| +4% | +$445K |
|
1689
Vanda Pharmaceuticals
VNDA
$314M
| $13.5M | ﹤0.01% |
589,960
+25,040
| +4% | +$511K |
|
1690
Opko Health
OPK
$1.04B
| $13.5M | ﹤0.01% |
3,912,880
+169,225
| +5% | +$898K |
|
|
CATM
1691
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $13.5M | ﹤0.01% |
427,110
-20,901
| -5% | -$643K |
|
1692
Tennant Co
TNC
$1.18B
| $13.5M | ﹤0.01% |
177,782
+11,434
| +7% | +$887K |
|
1693
Helix Energy Solutions
HLX
$1.49B
| $13.5M | ﹤0.01% |
1,361,934
+73,798
| +6% | +$673K |
|
1694
Advanced Drainage Systems
WMS
$10.6B
| $13.4M | ﹤0.01% |
432,858
+26,699
| +7% | +$810K |
|
|
BOLD
1695
DELISTED
Audentes Therapeutics, Inc
BOLD
| $13.4M | ﹤0.01% |
337,599
+22,649
| +7% | +$844K |
|
1696
Gray Television
GTN
$498M
| $13.4M | ﹤0.01% |
763,591
+29,806
| +4% | +$488K |
|
1697
Standex International
SXI
$4B
| $13.3M | ﹤0.01% |
127,918
+10,446
| +9% | +$1.11M |
|
1698
Astronics
ATRO
$4.34B
| $13.3M | ﹤0.01% |
422,241
+88,772
| +27% | +$2.7M |
|
1699
Group 1 Automotive
GPI
$3.17B
| $13.3M | ﹤0.01% |
204,914
+18,062
| +10% | +$1.3M |
|
1700
TherapeuticsMD
TXMD
$24.1M
| $13.3M | ﹤0.01% |
40,463
+4,316
| +12% | +$1.32M |
|
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.