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 | |
|---|---|---|---|---|---|---|
|
KEM
1926
DELISTED
KEMET Corporation
KEM
| $9.7M | ﹤0.01% |
522,856
+53,573
| +11% | +$1.32M |
|
|
LABL
1927
DELISTED
Multi-Color Corp
LABL
| $9.69M | ﹤0.01% |
155,725
+14,917
| +11% | +$954K |
|
1928
Freshpet
FRPT
$3.51B
| $9.69M | ﹤0.01% |
264,066
+10,210
| +4% | +$336K |
|
1929
Douglas Dynamics
PLOW
$981M
| $9.69M | ﹤0.01% |
220,733
+8,530
| +4% | +$397K |
|
1930
ASML
ASML
$712B
| $9.69M | ﹤0.01% |
51,521
-2,820
| -5% | -$565K |
|
1931
Schneider National
SNDR
$6.39B
| $9.69M | ﹤0.01% |
387,734
+3,116
| +0.8% | +$83.3K |
|
1932
Coeur Mining
CDE
$18.6B
| $9.65M | ﹤0.01% |
1,810,687
+72,863
| +4% | +$471K |
|
1933
Liberty Latin America Class A
LILA
$1.67B
| $9.64M | ﹤0.01% |
722,740
+18,170
| +3% | +$228K |
|
|
PRFT
1934
DELISTED
Perficient Inc
PRFT
| $9.64M | ﹤0.01% |
361,681
+13,742
| +4% | +$380K |
|
|
KMG
1935
DELISTED
KMG Chemicals Inc
KMG
| $9.63M | ﹤0.01% |
127,500
+3,597
| +3% | +$268K |
|
|
HIFR
1936
DELISTED
InfraREIT, Inc.
HIFR
| $9.62M | ﹤0.01% |
455,065
+17,584
| +4% | +$373K |
|
|
CCF
1937
DELISTED
Chase Corporation
CCF
| $9.61M | ﹤0.01% |
79,974
-6,869
| -8% | -$848K |
|
1938
Coca-Cola Consolidated
COKE
$12.6B
| $9.59M | ﹤0.01% |
526,330
+30,450
| +6% | +$488K |
|
|
BMTC
1939
DELISTED
Bryn Mawr Bank Corp
BMTC
| $9.59M | ﹤0.01% |
204,511
+14,849
| +8% | +$716K |
|
1940
Great Southern Bancorp
GSBC
$889M
| $9.58M | ﹤0.01% |
173,099
+8,331
| +5% | +$491K |
|
|
EBSB
1941
DELISTED
Meridian Bancorp, Inc.
EBSB
| $9.58M | ﹤0.01% |
563,363
+19,449
| +4% | +$355K |
|
1942
Codexis
CDXS
$175M
| $9.54M | ﹤0.01% |
556,174
+85,898
| +18% | +$1.39M |
|
|
GTY
1943
Getty Realty Corp
GTY
$2.07B
| $9.53M | ﹤0.01% |
333,582
+29,484
| +10% | +$847K |
|
1944
Argan
AGX
$8.08B
| $9.52M | ﹤0.01% |
221,489
-8,856
| -4% | -$359K |
|
1945
CytomX Therapeutics
CTMX
$741M
| $9.51M | ﹤0.01% |
514,165
+151,037
| +42% | +$3.44M |
|
|
CKH
1946
DELISTED
Seacor Holdings Inc.
CKH
| $9.47M | ﹤0.01% |
191,772
+18,910
| +11% | +$979K |
|
|
OSG
1947
Octave Specialty Group
OSG
$213M
| $9.47M | ﹤0.01% |
463,777
+19,923
| +4% | +$416K |
|
1948
MACOM Technology Solutions
MTSI
$24B
| $9.46M | ﹤0.01% |
459,470
+22,944
| +5% | +$514K |
|
|
HOME
1949
DELISTED
At Home Group Inc.
HOME
| $9.46M | ﹤0.01% |
300,144
+61,168
| +26% | +$2.16M |
|
1950
Winnebago Industries
WGO
$928M
| $9.45M | ﹤0.01% |
285,100
+18,724
| +7% | +$723K |
|
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.