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 | |
|---|---|---|---|---|---|---|
|
DPLO
1801
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $8.95M | ﹤0.01% |
445,904
+77,983
| +21% | +$1.53M |
|
|
ATRI
1802
DELISTED
Atrion Corp
ATRI
| $8.95M | ﹤0.01% |
14,190
+758
| +6% | +$496K |
|
1803
Tompkins Financial
TMP
$1.41B
| $8.94M | ﹤0.01% |
109,945
+685
| +0.6% | +$58.2K |
|
|
HMHC
1804
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $8.93M | ﹤0.01% |
960,694
+36,234
| +4% | +$361K |
|
1805
Editas Medicine
EDIT
$442M
| $8.91M | ﹤0.01% |
289,855
+51,059
| +21% | +$1.29M |
|
1806
iRhythm Holdings
IRTC
$4.09B
| $8.88M | ﹤0.01% |
158,418
+2,023
| +1% | +$106K |
|
|
COBZ
1807
DELISTED
CoBiz Financial,Inc
COBZ
| $8.86M | ﹤0.01% |
443,394
+51,986
| +13% | +$1.05M |
|
1808
National Healthcare
NHC
$3.45B
| $8.85M | ﹤0.01% |
145,225
+13,714
| +10% | +$875K |
|
|
CCC
1809
DELISTED
Calgon Carbon Corp
CCC
| $8.85M | ﹤0.01% |
415,407
+2,799
| +0.7% | +$60.1K |
|
|
HTO
1810
H2O America
HTO
$2.56B
| $8.84M | ﹤0.01% |
138,569
+5,178
| +4% | +$328K |
|
|
COUP
1811
DELISTED
Coupa Software Incorporated
COUP
| $8.84M | ﹤0.01% |
283,107
-2,469
| -0.9% | -$83.8K |
|
|
ADSW
1812
DELISTED
Advanced Disposal Services Inc
ADSW
| $8.84M | ﹤0.01% |
369,073
+11,937
| +3% | +$283K |
|
1813
Fabrinet
FN
$19B
| $8.83M | ﹤0.01% |
307,737
+806
| +0.3% | +$26.7K |
|
|
WIRE
1814
DELISTED
Encore Wire Corp
WIRE
| $8.83M | ﹤0.01% |
181,498
+1,748
| +1% | +$80.8K |
|
|
INOV
1815
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $8.81M | ﹤0.01% |
587,103
+8,463
| +1% | +$135K |
|
1816
BlackLine
BL
$1.65B
| $8.8M | ﹤0.01% |
268,385
+115,914
| +76% | +$4.06M |
|
|
DENN
1817
DELISTED
Denny's
DENN
| $8.8M | ﹤0.01% |
664,558
+16,151
| +2% | +$210K |
|
|
ACOR
1818
DELISTED
Acorda Therapeutics
ACOR
| $8.79M | ﹤0.01% |
3,417
-174
| -5% | -$495K |
|
|
SYNT
1819
DELISTED
Syntel Inc
SYNT
| $8.79M | ﹤0.01% |
382,510
+6,959
| +2% | +$165K |
|
|
DEA
1820
Easterly Government Properties
DEA
$1.14B
| $8.78M | ﹤0.01% |
164,612
+16,175
| +11% | +$844K |
|
1821
Varonis Systems
VRNS
$4.8B
| $8.78M | ﹤0.01% |
542,532
+58,320
| +12% | +$915K |
|
|
LHCG
1822
DELISTED
LHC Group LLC
LHCG
| $8.78M | ﹤0.01% |
143,324
-11,315
| -7% | -$748K |
|
|
BEL
1823
DELISTED
Belmond Ltd.
BEL
| $8.77M | ﹤0.01% |
715,763
+288
| +0% | +$3.69K |
|
1824
Rayonier Advanced Materials
RYAM
$586M
| $8.75M | ﹤0.01% |
428,091
+65,385
| +18% | +$1.1M |
|
1825
HSBC
HSBC
$359B
| $8.73M | ﹤0.01% |
185,045
+1,030
| +0.6% | +$46.6K |
|
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.