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 | |
|---|---|---|---|---|---|---|
1876
ADT
ADT
$5.34B
| $10.4M | ﹤0.01% |
1,109,546
-407,863
| -27% | -$3.63M |
|
|
HSII
1877
DELISTED
Heidrick & Struggles
HSII
| $10.4M | ﹤0.01% |
307,579
+5,149
| +2% | +$200K |
|
1878
Cerus
CERS
$546M
| $10.4M | ﹤0.01% |
1,437,691
+76,209
| +6% | +$554K |
|
|
ALDR
1879
DELISTED
Alder Biopharmaceuticals
ALDR
| $10.3M | ﹤0.01% |
619,144
+23,018
| +4% | +$416K |
|
1880
CareDx
CDNA
$2.45B
| $10.3M | ﹤0.01% |
356,724
+46,676
| +15% | +$873K |
|
1881
Laureate Education
LAUR
$5.1B
| $10.3M | ﹤0.01% |
665,877
+243,238
| +58% | +$3.74M |
|
1882
Encore Capital Group
ECPG
$2.07B
| $10.3M | ﹤0.01% |
286,521
+33,466
| +13% | +$1.27M |
|
|
DPLO
1883
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $10.3M | ﹤0.01% |
528,225
+64,213
| +14% | +$1.37M |
|
1884
Atlanta Braves Holdings Series B
BATRK
$3.4B
| $10.2M | ﹤0.01% |
375,660
+25,925
| +7% | +$675K |
|
|
NVTA
1885
DELISTED
Invitae Corporation
NVTA
| $10.2M | ﹤0.01% |
611,016
+62,584
| +11% | +$712K |
|
1886
AMC Entertainment Holdings
AMC
$2.26B
| $10.2M | ﹤0.01% |
49,806
+2,140
| +4% | +$387K |
|
1887
Standard Motor Products
SMP
$877M
| $10.2M | ﹤0.01% |
207,452
+8,143
| +4% | +$404K |
|
1888
AdvanSix
ASIX
$427M
| $10.2M | ﹤0.01% |
300,630
+18,805
| +7% | +$675K |
|
|
VSTO
1889
DELISTED
Vista Outdoor Inc.
VSTO
| $10.2M | ﹤0.01% |
568,774
+42,270
| +8% | +$725K |
|
|
BHVN
1890
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $10.2M | ﹤0.01% |
270,687
+17,625
| +7% | +$648K |
|
1891
1st Source
SRCE
$2.13B
| $10.2M | ﹤0.01% |
193,149
+6,081
| +3% | +$339K |
|
1892
Phibro Animal Health
PAHC
$1.37B
| $10.1M | ﹤0.01% |
236,166
+15,670
| +7% | +$740K |
|
|
NCI
1893
DELISTED
Navigant Consulting, Inc.
NCI
| $10.1M | ﹤0.01% |
438,687
+17,861
| +4% | +$413K |
|
1894
Kelly Services Class A
KELYA
$536M
| $10.1M | ﹤0.01% |
419,654
+5,273
| +1% | +$128K |
|
1895
Dropbox
DBX
$7.31B
| $10.1M | ﹤0.01% |
375,581
+14,441
| +4% | +$417K |
|
|
CTWS
1896
DELISTED
Connecticut Water Service Inc
CTWS
| $10.1M | ﹤0.01% |
145,162
+6,684
| +5% | +$450K |
|
|
CRAY
1897
DELISTED
Cray, Inc.
CRAY
| $10.1M | ﹤0.01% |
468,371
+17,810
| +4% | +$410K |
|
|
TERP
1898
DELISTED
TerraForm Power, Inc
TERP
| $10.1M | ﹤0.01% |
871,758
+284,244
| +48% | +$3.15M |
|
|
TDAY
1899
USA Today Co
TDAY
$1.01B
| $10.1M | ﹤0.01% |
641,640
+3,263
| +0.5% | +$54.7K |
|
1900
Unisys
UIS
$206M
| $10M | ﹤0.01% |
492,466
+21,664
| +5% | +$356K |
|
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.