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 | |
|---|---|---|---|---|---|---|
|
ISCA
1776
DELISTED
International Speedway Corp
ISCA
| $9.28M | ﹤0.01% |
232,996
+6,712
| +3% | +$267K |
|
|
GMS
1777
DELISTED
GMS Inc
GMS
| $9.27M | ﹤0.01% |
246,377
+11,336
| +5% | +$404K |
|
|
PRSU
1778
Pursuit Attractions and Hospitality Inc
PRSU
$1.25B
| $9.26M | ﹤0.01% |
167,211
+117
| +0.1% | +$6.77K |
|
|
AVX
1779
DELISTED
AVX Corporation
AVX
| $9.22M | ﹤0.01% |
533,242
+5,577
| +1% | +$102K |
|
1780
ASML
ASML
$666B
| $9.22M | ﹤0.01% |
53,067
+4,459
| +9% | +$787K |
|
1781
Encore Capital Group
ECPG
$2.01B
| $9.16M | ﹤0.01% |
217,687
+2,009
| +0.9% | +$91.8K |
|
|
AVTA
1782
DELISTED
Avantax, Inc. Common Stock
AVTA
| $9.16M | ﹤0.01% |
414,632
+49,328
| +14% | +$1.1M |
|
1783
James River Group Holdings
JRVR
$210M
| $9.16M | ﹤0.01% |
228,996
+32,715
| +17% | +$1.33M |
|
|
AFSI
1784
DELISTED
AmTrust Financial Services, Inc.
AFSI
| $9.16M | ﹤0.01% |
909,901
-30,824
| -3% | -$349K |
|
1785
Cannae Holdings
CNNE
$644M
| $9.14M | ﹤0.01% |
+536,615
| New | +$9.26M |
|
1786
ICF International
ICFI
$1.64B
| $9.14M | ﹤0.01% |
174,082
+1,836
| +1% | +$98.9K |
|
|
BRSS
1787
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $9.12M | ﹤0.01% |
275,637
-3,148
| -1% | -$107K |
|
|
CNR
1788
Core Natural Resources Inc
CNR
$4.67B
| $9.11M | ﹤0.01% |
+230,544
| New | +$6.73M |
|
|
NE
1789
DELISTED
Noble Corporation
NE
| $9.11M | ﹤0.01% |
2,015,170
-2,824
| -0.1% | -$11.7K |
|
|
CUDA
1790
DELISTED
Barracuda Networks, Inc.
CUDA
| $9.1M | ﹤0.01% |
331,069
+53,746
| +19% | +$1.33M |
|
|
DVAX
1791
DELISTED
Dynavax Technologies
DVAX
| $9.08M | ﹤0.01% |
485,441
+1,478
| +0.3% | +$29.7K |
|
1792
ePlus
PLUS
$2.35B
| $9.08M | ﹤0.01% |
241,436
+3,154
| +1% | +$133K |
|
|
DERM
1793
DELISTED
Dermira, Inc.
DERM
| $9.07M | ﹤0.01% |
326,223
+15,163
| +5% | +$402K |
|
1794
Kadant
KAI
$3.94B
| $9.07M | ﹤0.01% |
90,342
-3,149
| -3% | -$320K |
|
1795
MGP Ingredients
MGPI
$381M
| $9.07M | ﹤0.01% |
117,978
+817
| +0.7% | +$57.6K |
|
1796
Iridium Communications
IRDM
$5.23B
| $9.05M | ﹤0.01% |
767,169
+3,750
| +0.5% | +$43.3K |
|
1797
CEVA Inc
CEVA
$889M
| $8.99M | ﹤0.01% |
194,865
+2,812
| +1% | +$129K |
|
|
TYPE
1798
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $8.97M | ﹤0.01% |
372,421
+729
| +0.2% | +$17.1K |
|
|
HIFR
1799
DELISTED
InfraREIT, Inc.
HIFR
| $8.97M | ﹤0.01% |
482,987
-49,648
| -9% | -$1.06M |
|
|
OPTU
1800
Optimum Communications Inc
OPTU
$306M
| $8.97M | ﹤0.01% |
422,533
+24,005
| +6% | +$532K |
|
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.