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 | |
|---|---|---|---|---|---|---|
1951
AngioDynamics
ANGO
$651M
| $7.24M | ﹤0.01% |
435,379
+39,410
| +10% | +$672K |
|
|
LDL
1952
DELISTED
Lydall, Inc.
LDL
| $7.24M | ﹤0.01% |
142,562
+4,678
| +3% | +$256K |
|
1953
Washington Trust Bancorp
WASH
$744M
| $7.2M | ﹤0.01% |
135,200
+2,733
| +2% | +$152K |
|
1954
Kinsale Capital Group
KNSL
$8.53B
| $7.2M | ﹤0.01% |
159,949
-117
| -0.1% | -$5.09K |
|
|
BFYT
1955
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $7.2M | ﹤0.01% |
288,481
-2,370
| -0.8% | -$53K |
|
1956
Heron Therapeutics
HRTX
$61.3M
| $7.19M | ﹤0.01% |
397,456
+2,410
| +0.6% | +$39.3K |
|
|
SP
1957
DELISTED
SP Plus Corporation
SP
| $7.19M | ﹤0.01% |
193,849
-4,511
| -2% | -$175K |
|
|
WCN
1958
Waste Connections
WCN
$42B
| $7.19M | ﹤0.01% |
102,715
+22,578
| +28% | +$1.58M |
|
1959
GoPro
GPRO
$107M
| $7.17M | ﹤0.01% |
947,829
+63,757
| +7% | +$565K |
|
|
GTY
1960
Getty Realty Corp
GTY
$2B
| $7.16M | ﹤0.01% |
263,476
+11,960
| +5% | +$339K |
|
1961
Douglas Dynamics
PLOW
$979M
| $7.15M | ﹤0.01% |
189,257
+62
| +0% | +$2.48K |
|
1962
Perdoceo Education
PRDO
$1.95B
| $7.13M | ﹤0.01% |
590,183
+1,801
| +0.3% | +$21.4K |
|
|
LTRPA
1963
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $7.12M | ﹤0.01% |
755,789
+118,329
| +19% | +$1.22M |
|
|
MODV
1964
DELISTED
ModivCare
MODV
| $7.12M | ﹤0.01% |
119,927
+13,993
| +13% | +$793K |
|
1965
Univest Financial
UVSP
$1.18B
| $7.12M | ﹤0.01% |
253,695
+14,703
| +6% | +$435K |
|
1966
Ingles Markets
IMKTA
$1.65B
| $7.11M | ﹤0.01% |
205,433
+23,000
| +13% | +$626K |
|
1967
Atlanta Braves Holdings Series B
BATRK
$3.27B
| $7.1M | ﹤0.01% |
319,619
+16,930
| +6% | +$396K |
|
|
CUTR
1968
DELISTED
Cutera, Inc.
CUTR
| $7.09M | ﹤0.01% |
156,268
-8,022
| -5% | -$338K |
|
|
NRE
1969
DELISTED
NorthStar Realty Europe Corp.
NRE
| $7.08M | ﹤0.01% |
527,437
+9,600
| +2% | +$133K |
|
1970
Glaukos
GKOS
$10.7B
| $7.08M | ﹤0.01% |
275,937
+2,268
| +0.8% | +$67.5K |
|
|
CSII
1971
DELISTED
Cardiovascular Systems, Inc.
CSII
| $7.08M | ﹤0.01% |
298,694
+12,584
| +4% | +$317K |
|
|
FFIC
1972
DELISTED
Flushing Financial
FFIC
| $7.07M | ﹤0.01% |
257,251
+843
| +0.3% | +$24.3K |
|
1973
Shake Shack
SHAK
$2.9B
| $7.07M | ﹤0.01% |
163,768
+4,337
| +3% | +$168K |
|
|
HT
1974
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $7.06M | ﹤0.01% |
405,670
+5,834
| +1% | +$104K |
|
1975
PJT Partners
PJT
$4.48B
| $7.05M | ﹤0.01% |
154,698
+935
| +0.6% | +$38K |
|
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.