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 | |
|---|---|---|---|---|---|---|
|
SVU
1751
DELISTED
SUPERVALU Inc.
SVU
| $12.4M | ﹤0.01% |
385,053
+25,387
| +7% | +$742K |
|
1752
StoneX
SNEX
$8.37B
| $12.4M | ﹤0.01% |
1,299,701
+39,943
| +3% | +$425K |
|
|
VIVO
1753
DELISTED
Meridian Bioscience Inc
VIVO
| $12.4M | ﹤0.01% |
830,415
+22,394
| +3% | +$347K |
|
|
NTRI
1754
DELISTED
NutriSystem, Inc.
NTRI
| $12.4M | ﹤0.01% |
333,493
+11,162
| +3% | +$432K |
|
|
NTUS
1755
DELISTED
Natus Medical Inc
NTUS
| $12.3M | ﹤0.01% |
345,881
+14,787
| +4% | +$522K |
|
1756
MaxLinear
MXL
$6.74B
| $12.3M | ﹤0.01% |
619,333
+53,896
| +10% | +$981K |
|
1757
Pembina Pipeline
PBA
$28.4B
| $12.3M | ﹤0.01% |
364,730
+36,947
| +11% | +$1.28M |
|
1758
TFS Financial
TFSL
$4.89B
| $12.3M | ﹤0.01% |
819,553
+31,054
| +4% | +$485K |
|
1759
Apogee Enterprises
APOG
$897M
| $12.3M | ﹤0.01% |
297,358
+11,747
| +4% | +$568K |
|
|
KNL
1760
DELISTED
Knoll, Inc.
KNL
| $12.3M | ﹤0.01% |
523,770
+24,314
| +5% | +$550K |
|
|
AMWD
1761
DELISTED
American Woodmark
AMWD
| $12.3M | ﹤0.01% |
156,363
+14,011
| +10% | +$1.2M |
|
|
ALTR
1762
DELISTED
Altair Engineering Inc
ALTR
| $12.2M | ﹤0.01% |
280,877
+38,883
| +16% | +$1.48M |
|
1763
AtriCure
ATRC
$2.22B
| $12.2M | ﹤0.01% |
347,400
+26,936
| +8% | +$853K |
|
1764
Herc Holdings
HRI
$5.63B
| $12.2M | ﹤0.01% |
237,343
-10,374
| -4% | -$561K |
|
|
ATRI
1765
DELISTED
Atrion Corp
ATRI
| $12.1M | ﹤0.01% |
17,476
+217
| +1% | +$140K |
|
|
KTWO
1766
DELISTED
K2M Group Holdings, Inc
KTWO
| $12.1M | ﹤0.01% |
442,492
+34,656
| +8% | +$812K |
|
|
AIMT
1767
DELISTED
Aimmune Therapeutics
AIMT
| $12.1M | ﹤0.01% |
443,531
+16,938
| +4% | +$479K |
|
1768
Lattice Semiconductor
LSCC
$18.4B
| $12.1M | ﹤0.01% |
1,511,590
+234,105
| +18% | +$1.73M |
|
|
BAC.WS.A
1769
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
| $12.1M | ﹤0.01% |
677,640
| – | – |
|
1770
MasterCraft Boat Holdings
MCFT
$600M
| $12M | ﹤0.01% |
335,551
+47,639
| +17% | +$1.39M |
|
1771
Varex Imaging
VREX
$778M
| $12M | ﹤0.01% |
420,067
+42,921
| +11% | +$1.41M |
|
1772
CNA Financial
CNA
$13.7B
| $12M | ﹤0.01% |
263,444
-10,813
| -4% | -$500K |
|
1773
Heritage Financial
HFWA
$1.22B
| $12M | ﹤0.01% |
341,771
+44,243
| +15% | +$1.59M |
|
|
CLDT
1774
Chatham Lodging
CLDT
$590M
| $12M | ﹤0.01% |
574,524
+71,397
| +14% | +$1.53M |
|
|
CARB
1775
DELISTED
Carbonite Inc
CARB
| $12M | ﹤0.01% |
335,944
+95,281
| +40% | +$3.66M |
|
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.