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 | |
|---|---|---|---|---|---|---|
|
CONN
1826
DELISTED
Conn's Inc.
CONN
| $8.72M | ﹤0.01% |
245,471
+28,759
| +13% | +$879K |
|
1827
United Fire Group
UFCS
$1.39B
| $8.72M | ﹤0.01% |
191,346
-202
| -0.1% | -$9.45K |
|
1828
Hanmi Financial
HAFC
$946M
| $8.7M | ﹤0.01% |
286,729
+6,757
| +2% | +$208K |
|
1829
Cimpress
CMPR
$2.31B
| $8.69M | ﹤0.01% |
72,510
+2,409
| +3% | +$276K |
|
1830
Strategic Education
STRA
$1.85B
| $8.69M | ﹤0.01% |
97,031
+3,402
| +4% | +$314K |
|
1831
Trade Desk
TTD
$6.32B
| $8.69M | ﹤0.01% |
1,900,710
+25,210
| +1% | +$139K |
|
1832
Koppers
KOP
$923M
| $8.68M | ﹤0.01% |
170,488
+1,487
| +0.9% | +$72.5K |
|
1833
Southside Bancshares
SBSI
$962M
| $8.6M | ﹤0.01% |
255,372
+4,454
| +2% | +$158K |
|
1834
Helix Energy Solutions
HLX
$1.48B
| $8.59M | ﹤0.01% |
1,138,856
+10,598
| +0.9% | +$75K |
|
|
ARR
1835
Armour Residential REIT
ARR
$2.36B
| $8.58M | ﹤0.01% |
66,730
+1,131
| +2% | +$146K |
|
1836
Lantheus
LNTH
$6.59B
| $8.51M | ﹤0.01% |
416,237
+4,148
| +1% | +$84.5K |
|
1837
PetMed Express
PETS
$41.9M
| $8.49M | ﹤0.01% |
186,598
+11,839
| +7% | +$466K |
|
|
CPLA
1838
DELISTED
Capella Education Company
CPLA
| $8.47M | ﹤0.01% |
109,380
-43,333
| -28% | -$3.36M |
|
1839
Cohen & Steers
CNS
$4.42B
| $8.46M | ﹤0.01% |
179,021
+1,054
| +0.6% | +$46.4K |
|
|
GES
1840
DELISTED
Guess Inc
GES
| $8.45M | ﹤0.01% |
500,533
+3,832
| +0.8% | +$63.5K |
|
|
MSFG
1841
DELISTED
MainSource Financial Group Inc
MSFG
| $8.45M | ﹤0.01% |
232,621
+9,329
| +4% | +$349K |
|
|
PEI
1842
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $8.43M | ﹤0.01% |
47,258
+915
| +2% | +$149K |
|
1843
Materion
MTRN
$5.86B
| $8.42M | ﹤0.01% |
173,179
+5,296
| +3% | +$252K |
|
1844
W&T Offshore
WTI
$584M
| $8.39M | ﹤0.01% |
2,536,243
+934,315
| +58% | +$2.9M |
|
1845
ArcBest
ARCB
$3.07B
| $8.38M | ﹤0.01% |
234,323
+10,573
| +5% | +$361K |
|
1846
Stewart Information Services
STC
$2.01B
| $8.37M | ﹤0.01% |
197,802
-7,038
| -3% | -$278K |
|
1847
1st Source
SRCE
$2.11B
| $8.34M | ﹤0.01% |
168,573
+1,408
| +0.8% | +$71.5K |
|
|
SHPG
1848
DELISTED
Shire pic
SHPG
| $8.33M | ﹤0.01% |
53,724
+3,578
| +7% | +$530K |
|
|
INFN
1849
DELISTED
Infinera Corporation Common Stock
INFN
| $8.31M | ﹤0.01% |
1,313,616
+28,959
| +2% | +$221K |
|
|
XENT
1850
DELISTED
Intersect ENT, Inc
XENT
| $8.31M | ﹤0.01% |
256,482
+11,701
| +5% | +$351K |
|
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.