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 | |
|---|---|---|---|---|---|---|
|
GTS
1751
DELISTED
Triple-S Management Corporation
GTS
| $9.67M | ﹤0.01% |
409,154
+42,798
| +12% | +$1.04M |
|
1752
Forum Energy Technologies
FET
$882M
| $9.61M | ﹤0.01% |
30,916
+2,079
| +7% | +$591K |
|
1753
Crocs
CROX
$6.63B
| $9.59M | ﹤0.01% |
758,998
+83,157
| +12% | +$891K |
|
|
CBL
1754
DELISTED
CBL& Associates Properties, Inc.
CBL
| $9.59M | ﹤0.01% |
1,694,200
-591,993
| -26% | -$3.96M |
|
1755
The Ensign Group
ENSG
$10.7B
| $9.59M | ﹤0.01% |
461,613
+12,604
| +3% | +$271K |
|
1756
Pembina Pipeline
PBA
$27.8B
| $9.58M | ﹤0.01% |
266,976
+58,592
| +28% | +$2.03M |
|
1757
ProPetro Holding
PUMP
$1.43B
| $9.57M | ﹤0.01% |
474,679
+188,286
| +66% | +$3.19M |
|
1758
St. Joe Company
JOE
$3.77B
| $9.55M | ﹤0.01% |
529,323
-18,322
| -3% | -$339K |
|
1759
Atkore
ATKR
$3.17B
| $9.55M | ﹤0.01% |
445,289
+46,993
| +12% | +$944K |
|
|
PMT
1760
PennyMac Mortgage Investment
PMT
$818M
| $9.53M | ﹤0.01% |
592,912
+34,464
| +6% | +$559K |
|
|
MB
1761
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $9.52M | ﹤0.01% |
312,489
+13,114
| +4% | +$404K |
|
|
WEB
1762
DELISTED
Web.com Group, Inc.
WEB
| $9.47M | ﹤0.01% |
434,646
+3,159
| +0.7% | +$74K |
|
1763
SolarEdge
SEDG
$1.98B
| $9.45M | ﹤0.01% |
251,642
+20,022
| +9% | +$689K |
|
|
LADR
1764
Ladder Capital
LADR
$1.22B
| $9.44M | ﹤0.01% |
692,811
+28,241
| +4% | +$386K |
|
1765
Gibraltar Industries
ROCK
$1.45B
| $9.42M | ﹤0.01% |
285,493
+3,517
| +1% | +$112K |
|
|
IPHS
1766
DELISTED
Innophos Holdings, Inc.
IPHS
| $9.39M | ﹤0.01% |
200,980
-15,453
| -7% | -$722K |
|
1767
Stride
LRN
$3.33B
| $9.38M | ﹤0.01% |
590,068
+64,885
| +12% | +$1.08M |
|
1768
Enterprise Financial Services Corp
EFSC
$2.38B
| $9.37M | ﹤0.01% |
207,588
+3,318
| +2% | +$145K |
|
|
CWEN.A
1769
DELISTED
Clearway Energy Class A
CWEN.A
| $9.35M | ﹤0.01% |
496,038
+55,984
| +13% | +$1.05M |
|
|
ICPT
1770
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $9.33M | ﹤0.01% |
159,666
-1,939
| -1% | -$122K |
|
|
BGG
1771
DELISTED
Briggs & Stratton Corp.
BGG
| $9.32M | ﹤0.01% |
367,517
+12,351
| +3% | +$304K |
|
|
HK
1772
DELISTED
Halcon Resources Corporation
HK
| $9.32M | ﹤0.01% |
1,230,652
+3,885
| +0.3% | +$26.6K |
|
|
CBPX
1773
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $9.31M | ﹤0.01% |
330,851
+6,146
| +2% | +$166K |
|
1774
First Bancorp
FBNC
$2.68B
| $9.3M | ﹤0.01% |
263,292
+27,546
| +12% | +$999K |
|
|
P
1775
DELISTED
Pandora Media Inc
P
| $9.29M | ﹤0.01% |
1,927,285
+58,950
| +3% | +$353K |
|
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.