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 | |
|---|---|---|---|---|---|---|
|
RCM
1851
DELISTED
R1 RCM Inc. Common Stock
RCM
| $10.8M | ﹤0.01% |
1,062,876
+100,843
| +10% | +$919K |
|
1852
SiriusPoint
SPNT
$2.66B
| $10.8M | ﹤0.01% |
830,365
+69,260
| +9% | +$904K |
|
|
BRSS
1853
DELISTED
Global Brass & Copper Hldgs, Inc
BRSS
| $10.8M | ﹤0.01% |
292,363
+13,162
| +5% | +$461K |
|
|
VCRA
1854
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $10.7M | ﹤0.01% |
293,722
+25,232
| +9% | +$828K |
|
|
BFYT
1855
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $10.7M | ﹤0.01% |
174,235
+36,687
| +27% | +$1.67M |
|
|
FSP
1856
Franklin Street Properties
FSP
$46.3M
| $10.7M | ﹤0.01% |
1,341,429
+123,145
| +10% | +$1.04M |
|
|
MGY.WS
1857
DELISTED
Magnolia Oil & Gas Corporation
MGY.WS
| $10.7M | ﹤0.01% |
+2,275,000
| New | +$8.86M |
|
|
RTEC
1858
DELISTED
Rudolph Technologies Inc
RTEC
| $10.7M | ﹤0.01% |
436,807
-37,618
| -8% | -$1.04M |
|
1859
Sunrun
RUN
$2.37B
| $10.7M | ﹤0.01% |
856,933
+54,697
| +7% | +$757K |
|
1860
Johnson Outdoors
JOUT
$499M
| $10.6M | ﹤0.01% |
114,446
-192
| -0.2% | -$17.9K |
|
1861
Wabash National
WNC
$507M
| $10.6M | ﹤0.01% |
581,767
+56,072
| +11% | +$1.06M |
|
|
BNFT
1862
DELISTED
Benefitfocus, Inc.
BNFT
| $10.6M | ﹤0.01% |
261,758
+21,952
| +9% | +$844K |
|
1863
Resources Connection
RGP
$144M
| $10.6M | ﹤0.01% |
637,217
+21,062
| +3% | +$344K |
|
1864
National Bank Holdings
NBHC
$1.92B
| $10.6M | ﹤0.01% |
280,860
+11,472
| +4% | +$452K |
|
|
RUTH
1865
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $10.6M | ﹤0.01% |
334,952
+9,466
| +3% | +$284K |
|
1866
Stewart Information Services
STC
$2B
| $10.6M | ﹤0.01% |
234,448
+21,578
| +10% | +$966K |
|
1867
WisdomTree
WT
$3.44B
| $10.6M | ﹤0.01% |
1,244,352
+41,842
| +3% | +$355K |
|
|
AUD
1868
DELISTED
Audacy, Inc.
AUD
| $10.5M | ﹤0.01% |
1,334,676
+117,560
| +10% | +$911K |
|
1869
Tompkins Financial
TMP
$1.44B
| $10.5M | ﹤0.01% |
129,711
+6,602
| +5% | +$571K |
|
1870
BJs Wholesale Club
BJ
$11.8B
| $10.5M | ﹤0.01% |
+392,520
| New | +$10.5M |
|
|
SHPG
1871
DELISTED
Shire pic
SHPG
| $10.5M | ﹤0.01% |
57,929
+476
| +0.8% | +$82.4K |
|
|
HT
1872
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $10.5M | ﹤0.01% |
463,047
+25,879
| +6% | +$580K |
|
1873
Coherus Oncology
CHRS
$181M
| $10.5M | ﹤0.01% |
635,814
+128,389
| +25% | +$2.28M |
|
1874
Natera
NTRA
$45.5B
| $10.4M | ﹤0.01% |
436,258
+59,263
| +16% | +$1.43M |
|
|
MTSC
1875
DELISTED
MTS Systems Corp
MTSC
| $10.4M | ﹤0.01% |
190,715
+7,320
| +4% | +$392K |
|
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.