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 | |
|---|---|---|---|---|---|---|
|
TPC
1851
Tutor Perini Cor
TPC
$5.31B
| $8.3M | ﹤0.01% |
327,584
+2,198
| +0.7% | +$58.5K |
|
1852
Sturm, Ruger & Co
RGR
$595M
| $8.3M | ﹤0.01% |
148,656
-42
| -0% | -$2.19K |
|
|
SAFE
1853
Safehold
SAFE
$1.09B
| $8.27M | ﹤0.01% |
150,387
+9,518
| +7% | +$536K |
|
|
DEL
1854
DELISTED
Deltic Timber
DEL
| $8.27M | ﹤0.01% |
90,299
+239
| +0.3% | +$21.9K |
|
|
EXTN
1855
DELISTED
Exterran Corporation
EXTN
| $8.26M | ﹤0.01% |
262,768
-9,875
| -4% | -$305K |
|
1856
Regenxbio
RGNX
$682M
| $8.26M | ﹤0.01% |
248,328
+2,506
| +1% | +$75.5K |
|
1857
Independence Realty Trust
IRT
$3.94B
| $8.25M | ﹤0.01% |
817,561
+45,977
| +6% | +$474K |
|
|
CNR
1858
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $8.24M | ﹤0.01% |
427,010
+109,899
| +35% | +$1.85M |
|
1859
Modine Manufacturing
MOD
$10.7B
| $8.23M | ﹤0.01% |
407,612
+1,437
| +0.4% | +$30.9K |
|
1860
Kratos Defense & Security Solutions
KTOS
$11.9B
| $8.22M | ﹤0.01% |
776,737
+58,212
| +8% | +$664K |
|
1861
CorVel
CRVL
$3.12B
| $8.22M | ﹤0.01% |
466,077
+29,082
| +7% | +$548K |
|
1862
Community Trust Bancorp
CTBI
$1.41B
| $8.19M | ﹤0.01% |
173,984
-6,681
| -4% | -$322K |
|
|
BEAT
1863
DELISTED
BioTelemetry, Inc.
BEAT
| $8.19M | ﹤0.01% |
273,949
+12,502
| +5% | +$362K |
|
|
CTRL
1864
DELISTED
Control4 Corporation
CTRL
| $8.19M | ﹤0.01% |
275,203
+92,704
| +51% | +$2.88M |
|
1865
Enanta Pharmaceuticals
ENTA
$382M
| $8.18M | ﹤0.01% |
139,428
+1,798
| +1% | +$90K |
|
|
MTSC
1866
DELISTED
MTS Systems Corp
MTSC
| $8.14M | ﹤0.01% |
151,680
+1,932
| +1% | +$104K |
|
1867
Andersons Inc
ANDE
$2.23B
| $8.14M | ﹤0.01% |
261,308
+13,211
| +5% | +$440K |
|
|
LMNX
1868
DELISTED
Luminex Corp
LMNX
| $8.14M | ﹤0.01% |
413,193
+6,700
| +2% | +$139K |
|
|
WIFI
1869
DELISTED
Boingo Wireless, Inc.
WIFI
| $8.13M | ﹤0.01% |
361,396
-10,557
| -3% | -$242K |
|
1870
Huron Consulting
HURN
$2.46B
| $8.1M | ﹤0.01% |
200,221
+362
| +0.2% | +$13.9K |
|
1871
Fortis
FTS
$28.5B
| $8.1M | ﹤0.01% |
222,725
-27,978
| -11% | -$1.03M |
|
1872
Heritage Financial
HFWA
$1.21B
| $8.1M | ﹤0.01% |
262,874
+3,226
| +1% | +$99.3K |
|
1873
Lindsay Corp
LNN
$1.19B
| $8.08M | ﹤0.01% |
91,604
+5,396
| +6% | +$490K |
|
1874
Casella Waste Systems
CWST
$5.84B
| $8.07M | ﹤0.01% |
350,433
+820
| +0.2% | +$16.1K |
|
1875
3D Systems Corp
DDD
$621M
| $8.05M | ﹤0.01% |
932,185
+39,645
| +4% | +$408K |
|
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.