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 | |
|---|---|---|---|---|---|---|
|
FARO
1826
DELISTED
Faro Technologies
FARO
| $11.1M | ﹤0.01% |
172,167
+6,924
| +4% | +$441K |
|
1827
CorVel
CRVL
$3.17B
| $11.1M | ﹤0.01% |
551,307
+17,700
| +3% | +$341K |
|
1828
Comtech Telecommunications
CMTL
$52.1M
| $11.1M | ﹤0.01% |
305,193
+36,135
| +13% | +$1.24M |
|
|
DMC
1829
Del Monte Corp
DMC
$1.42B
| $11M | ﹤0.01% |
326,034
+24,558
| +8% | +$961K |
|
|
GLUU
1830
DELISTED
Glu Mobile Inc.
GLUU
| $11M | ﹤0.01% |
1,480,337
+146,769
| +11% | +$989K |
|
|
EGOV
1831
DELISTED
NIC Inc
EGOV
| $11M | ﹤0.01% |
744,943
+28,500
| +4% | +$462K |
|
|
GCI
1832
DELISTED
Gannett Co., Inc
GCI
| $11M | ﹤0.01% |
1,099,706
+44,345
| +4% | +$454K |
|
1833
RadNet
RDNT
$6.06B
| $11M | ﹤0.01% |
731,062
+84,727
| +13% | +$1.21M |
|
|
WIRE
1834
DELISTED
Encore Wire Corp
WIRE
| $11M | ﹤0.01% |
219,370
+15,082
| +7% | +$753K |
|
1835
Andersons Inc
ANDE
$2.23B
| $11M | ﹤0.01% |
291,607
+9,168
| +3% | +$346K |
|
1836
Lindsay Corp
LNN
$1.18B
| $11M | ﹤0.01% |
109,496
+9,660
| +10% | +$907K |
|
|
FOCS
1837
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $10.9M | ﹤0.01% |
+229,804
| New | +$9.81M |
|
|
DENN
1838
DELISTED
Denny's
DENN
| $10.9M | ﹤0.01% |
740,857
+38,874
| +6% | +$587K |
|
|
TWNK
1839
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $10.9M | ﹤0.01% |
983,303
+131,261
| +15% | +$1.68M |
|
1840
GoPro
GPRO
$106M
| $10.9M | ﹤0.01% |
1,507,343
+97,221
| +7% | +$622K |
|
|
INST
1841
DELISTED
Instructure, Inc.
INST
| $10.8M | ﹤0.01% |
306,287
+19,941
| +7% | +$818K |
|
1842
FormFactor
FORM
$10.1B
| $10.8M | ﹤0.01% |
787,687
-22,086
| -3% | -$305K |
|
1843
MGP Ingredients
MGPI
$381M
| $10.8M | ﹤0.01% |
137,105
+6,187
| +5% | +$503K |
|
|
ACOR
1844
DELISTED
Acorda Therapeutics
ACOR
| $10.8M | ﹤0.01% |
4,592
+418
| +10% | +$1.29M |
|
|
ITCI
1845
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $10.8M | ﹤0.01% |
498,873
+29,754
| +6% | +$622K |
|
1846
Weibo
WB
$1.91B
| $10.8M | ﹤0.01% |
148,735
+26,962
| +22% | +$2.17M |
|
|
CNR
1847
Core Natural Resources Inc
CNR
$4.71B
| $10.8M | ﹤0.01% |
265,146
+7,173
| +3% | +$302K |
|
1848
Perdoceo Education
PRDO
$1.96B
| $10.8M | ﹤0.01% |
724,047
+25,896
| +4% | +$427K |
|
1849
Heartland Express
HTLD
$950M
| $10.8M | ﹤0.01% |
547,765
+38,899
| +8% | +$772K |
|
|
RPT.PRD
1850
DELISTED
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
| – | – |
0
| – | – |
|
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.