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 | |
|---|---|---|---|---|---|---|
1876
Resources Connection
RGP
$144M
| $8.01M | ﹤0.01% |
518,475
-61,139
| -11% | -$944K |
|
|
MYOK
1877
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $8.01M | ﹤0.01% |
190,230
+4,565
| +2% | +$176K |
|
|
UBNK
1878
DELISTED
United Financial Bancorp, Inc.
UBNK
| $7.98M | ﹤0.01% |
452,584
+4,006
| +0.9% | +$72.9K |
|
|
MTGE
1879
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $7.97M | ﹤0.01% |
431,063
-79,254
| -16% | -$1.49M |
|
|
JCP
1880
DELISTED
J.C. Penney Company, Inc.
JCP
| $7.96M | ﹤0.01% |
2,520,383
+19,441
| +0.8% | +$62.6K |
|
|
FIT
1881
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $7.96M | ﹤0.01% |
1,393,386
+110,644
| +9% | +$704K |
|
1882
Axcelis
ACLS
$4.14B
| $7.93M | ﹤0.01% |
276,398
+16,851
| +6% | +$530K |
|
|
TRST
1883
Trustco Bank Corp NY
TRST
$953M
| $7.93M | ﹤0.01% |
172,415
-1,124
| -0.6% | -$51.3K |
|
1884
Usana Health Sciences
USNA
$256M
| $7.93M | ﹤0.01% |
107,080
+12,468
| +13% | +$834K |
|
|
MCRN
1885
DELISTED
Milacron Holdings Corp.
MCRN
| $7.92M | ﹤0.01% |
413,648
+22,800
| +6% | +$407K |
|
1886
Golar LNG
GLNG
$5.17B
| $7.9M | ﹤0.01% |
264,941
-14,411
| -5% | -$346K |
|
1887
Onto Innovation
ONTO
$15.5B
| $7.89M | ﹤0.01% |
316,866
-4,440
| -1% | -$118K |
|
1888
Stock Yards Bancorp
SYBT
$2.59B
| $7.89M | ﹤0.01% |
209,423
+242
| +0.1% | +$9.29K |
|
1889
Advanced Drainage Systems
WMS
$10.8B
| $7.87M | ﹤0.01% |
329,844
+36,475
| +12% | +$785K |
|
|
MULE
1890
DELISTED
MuleSoft, Inc.
MULE
| $7.85M | ﹤0.01% |
337,578
+160,384
| +91% | +$3.64M |
|
|
RVNC
1891
DELISTED
Revance Therapeutics, Inc.
RVNC
| $7.85M | ﹤0.01% |
219,561
+16,541
| +8% | +$475K |
|
|
UCTT
1892
Ultra Clean Holdings
UCTT
$3.85B
| $7.85M | ﹤0.01% |
339,877
-76,802
| -18% | -$1.97M |
|
|
LBAI
1893
DELISTED
Lakeland Bancorp Inc
LBAI
| $7.85M | ﹤0.01% |
407,714
+18,730
| +5% | +$380K |
|
1894
Columbus McKinnon
CMCO
$564M
| $7.85M | ﹤0.01% |
196,272
+2,682
| +1% | +$103K |
|
|
VCRA
1895
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $7.8M | ﹤0.01% |
258,214
+3,173
| +1% | +$90.5K |
|
|
SVU
1896
DELISTED
SUPERVALU Inc.
SVU
| $7.78M | ﹤0.01% |
360,369
+6,728
| +2% | +$123K |
|
1897
Standard Motor Products
SMP
$884M
| $7.78M | ﹤0.01% |
173,275
+5,941
| +4% | +$267K |
|
|
BFS
1898
Saul Centers
BFS
$853M
| $7.75M | ﹤0.01% |
125,454
+4,618
| +4% | +$289K |
|
|
DNR
1899
DELISTED
Denbury Resources, Inc.
DNR
| $7.73M | ﹤0.01% |
3,498,637
+346,183
| +11% | +$544K |
|
1900
Xencor
XNCR
$1.64B
| $7.73M | ﹤0.01% |
352,526
+19,706
| +6% | +$427K |
|
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.