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 | |
|---|---|---|---|---|---|---|
1776
GrafTech
EAF
$201M
| $12M | ﹤0.01% |
61,381
+24,863
| +68% | +$4.69M |
|
1777
Pilgrim's Pride
PPC
$6.4B
| $12M | ﹤0.01% |
661,827
+22,647
| +4% | +$419K |
|
|
CONN
1778
DELISTED
Conn's Inc.
CONN
| $11.9M | ﹤0.01% |
337,429
+31,541
| +10% | +$1.13M |
|
1779
Cimpress
CMPR
$2.4B
| $11.9M | ﹤0.01% |
87,292
+8,169
| +10% | +$1.18M |
|
|
TBI
1780
Trueblue
TBI
$302M
| $11.9M | ﹤0.01% |
457,370
+37,064
| +9% | +$1.03M |
|
|
ECYT
1781
DELISTED
Endocyte, Inc. Common Stock
ECYT
| $11.9M | ﹤0.01% |
670,451
+65,708
| +11% | +$1.13M |
|
|
PRSU
1782
Pursuit Attractions and Hospitality Inc
PRSU
$1.27B
| $11.9M | ﹤0.01% |
200,821
+13,036
| +7% | +$769K |
|
1783
Huron Consulting
HURN
$2.39B
| $11.8M | ﹤0.01% |
239,827
+13,984
| +6% | +$654K |
|
1784
Materion
MTRN
$5.9B
| $11.8M | ﹤0.01% |
195,818
+11,719
| +6% | +$705K |
|
1785
Innoviva
INVA
$1.5B
| $11.8M | ﹤0.01% |
776,738
+26,887
| +4% | +$387K |
|
1786
SolarEdge
SEDG
$1.97B
| $11.8M | ﹤0.01% |
313,826
+27,909
| +10% | +$1.34M |
|
|
GOV
1787
DELISTED
Government Properties Income Trust
GOV
| $11.8M | ﹤0.01% |
1,043,804
+39,894
| +4% | +$619K |
|
|
AYR
1788
DELISTED
Aircastle Ltd
AYR
| $11.8M | ﹤0.01% |
537,501
+24,890
| +5% | +$516K |
|
|
VTLE
1789
DELISTED
Vital Energy
VTLE
| $11.8M | ﹤0.01% |
72,027
+8,531
| +13% | +$1.49M |
|
|
MODV
1790
DELISTED
ModivCare
MODV
| $11.7M | ﹤0.01% |
174,578
+21,038
| +14% | +$1.46M |
|
1791
Omeros
OMER
$992M
| $11.7M | ﹤0.01% |
480,658
+23,053
| +5% | +$514K |
|
|
CTRL
1792
DELISTED
Control4 Corporation
CTRL
| $11.7M | ﹤0.01% |
341,606
+41,422
| +14% | +$1.28M |
|
1793
Mercado Libre
MELI
$92.7B
| $11.7M | ﹤0.01% |
34,601
-7,079
| -17% | -$2.4M |
|
1794
NeoGenomics
NEO
$2.11B
| $11.7M | ﹤0.01% |
761,363
+161,917
| +27% | +$2.24M |
|
1795
Quad
QUAD
$507M
| $11.7M | ﹤0.01% |
560,760
+14,877
| +3% | +$321K |
|
1796
Simply Good Foods
SMPL
$968M
| $11.7M | ﹤0.01% |
600,619
+25,108
| +4% | +$437K |
|
|
EXPR
1797
DELISTED
Express, Inc.
EXPR
| $11.7M | ﹤0.01% |
52,776
+16,569
| +46% | +$3.39M |
|
|
INFN
1798
DELISTED
Infinera Corporation Common Stock
INFN
| $11.7M | ﹤0.01% |
1,597,895
+64,671
| +4% | +$550K |
|
1799
Kadant
KAI
$3.94B
| $11.6M | ﹤0.01% |
107,941
+6,482
| +6% | +$644K |
|
1800
Malibu Boats
MBUU
$576M
| $11.6M | ﹤0.01% |
212,737
+15,430
| +8% | +$686K |
|
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.