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 | |
|---|---|---|---|---|---|---|
|
SONC
1701
DELISTED
Sonic Corp
SONC
| $10.4M | ﹤0.01% |
378,260
-3,912
| -1% | -$101K |
|
1702
Asbury Automotive
ABG
$3.78B
| $10.4M | ﹤0.01% |
162,071
-3,500
| -2% | -$219K |
|
|
ABAX
1703
DELISTED
Abaxis Inc
ABAX
| $10.3M | ﹤0.01% |
209,007
+10,871
| +5% | +$519K |
|
|
AYR
1704
DELISTED
Aircastle Ltd
AYR
| $10.3M | ﹤0.01% |
442,142
+1,487
| +0.3% | +$34.9K |
|
1705
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.21B
| $10.3M | ﹤0.01% |
428,557
+29,778
| +7% | +$713K |
|
|
MNTA
1706
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $10.3M | ﹤0.01% |
738,507
-1,815
| -0.2% | -$24.5K |
|
|
EBSB
1707
DELISTED
Meridian Bancorp, Inc.
EBSB
| $10.3M | ﹤0.01% |
499,922
+11,066
| +2% | +$219K |
|
|
TIER
1708
DELISTED
TIER REIT, Inc.
TIER
| $10.3M | ﹤0.01% |
504,394
+8,039
| +2% | +$158K |
|
1709
Atlassian
TEAM
$38.5B
| $10.3M | ﹤0.01% |
225,922
+45,665
| +25% | +$2.13M |
|
1710
OSI Systems
OSIS
$3.83B
| $10.3M | ﹤0.01% |
159,311
+1,846
| +1% | +$155K |
|
1711
Diodes
DIOD
$4.65B
| $10.2M | ﹤0.01% |
357,371
+2,769
| +0.8% | +$86K |
|
|
WW
1712
DELISTED
WW International
WW
| $10.2M | ﹤0.01% |
230,834
+860
| +0.4% | +$39.1K |
|
1713
Kelly Services Class A
KELYA
$544M
| $10.2M | ﹤0.01% |
374,615
-11,053
| -3% | -$305K |
|
|
DBD
1714
DELISTED
Diebold Nixdorf Incorporated
DBD
| $10.2M | ﹤0.01% |
624,635
+2,387
| +0.4% | +$46.1K |
|
|
SRG
1715
Seritage Growth Properties
SRG
$136M
| $10.2M | ﹤0.01% |
251,143
+5,503
| +2% | +$230K |
|
|
HSNI
1716
DELISTED
HSN, Inc.
HSNI
| $10.1M | ﹤0.01% |
251,255
-47,100
| -16% | -$1.86M |
|
|
RPT.PRD
1717
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
| – | – |
0
| – | – |
|
|
WUBA
1718
DELISTED
58.com Inc
WUBA
| $10.1M | ﹤0.01% |
142,292
+8,026
| +6% | +$556K |
|
1719
Seaboard Corp
SEB
$4.06B
| $10.1M | ﹤0.01% |
2,292
+64
| +3% | +$278K |
|
|
NAVG
1720
DELISTED
Navigators Group Inc
NAVG
| $10.1M | ﹤0.01% |
207,472
+6,620
| +3% | +$353K |
|
|
CLDT
1721
Chatham Lodging
CLDT
$580M
| $10.1M | ﹤0.01% |
443,807
+139,029
| +46% | +$3.11M |
|
|
WWE
1722
DELISTED
World Wrestling Entertainment
WWE
| $10.1M | ﹤0.01% |
330,129
+4,446
| +1% | +$120K |
|
1723
Schneider National
SNDR
$6.18B
| $10.1M | ﹤0.01% |
353,080
+59,103
| +20% | +$1.53M |
|
1724
McGrath RentCorp
MGRC
$2.94B
| $10.1M | ﹤0.01% |
214,081
+3,651
| +2% | +$169K |
|
1725
Dillards
DDS
$9.9B
| $10M | ﹤0.01% |
166,997
-13,708
| -8% | -$760K |
|
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.