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 | |
|---|---|---|---|---|---|---|
2001
AMC Entertainment Holdings
AMC
$2.14B
| $6.67M | ﹤0.01% |
44,188
-256
| -0.6% | -$35.9K |
|
|
GPMT
2002
Granite Point Mortgage Trust
GPMT
$60.2M
| $6.67M | ﹤0.01% |
376,102
+345,142
| +1,115% | +$6.28M |
|
|
FBC
2003
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $6.67M | ﹤0.01% |
178,143
+1,583
| +0.9% | +$58.1K |
|
|
DHIL
2004
DELISTED
Diamond Hill
DHIL
| $6.66M | ﹤0.01% |
32,247
-124
| -0.4% | -$26.1K |
|
|
ESND
2005
DELISTED
Essendant Inc.
ESND
| $6.66M | ﹤0.01% |
718,695
+139,608
| +24% | +$1.44M |
|
2006
Tootsie Roll Industries
TR
$2.97B
| $6.65M | ﹤0.01% |
238,518
+14,622
| +7% | +$409K |
|
2007
Beazer Homes USA
BZH
$874M
| $6.65M | ﹤0.01% |
346,326
+70,995
| +26% | +$1.43M |
|
|
ECHO
2008
DELISTED
Echo Global Logistics, Inc.
ECHO
| $6.64M | ﹤0.01% |
237,346
-9,799
| -4% | -$235K |
|
|
EXPR
2009
DELISTED
Express, Inc.
EXPR
| $6.64M | ﹤0.01% |
32,732
-449
| -1% | -$73.7K |
|
|
CAMP
2010
DELISTED
CalAmp Corp.
CAMP
| $6.64M | ﹤0.01% |
13,479
+36
| +0.3% | +$18.6K |
|
2011
Smith & Wesson
SWBI
$638M
| $6.62M | ﹤0.01% |
670,507
+28,687
| +4% | +$310K |
|
2012
Shutterstock
SSTK
$200M
| $6.62M | ﹤0.01% |
153,732
+175
| +0.1% | +$6.82K |
|
|
KMG
2013
DELISTED
KMG Chemicals Inc
KMG
| $6.61M | ﹤0.01% |
100,059
+34,985
| +54% | +$1.98M |
|
2014
NN Inc
NNBR
$301M
| $6.59M | ﹤0.01% |
238,818
+3,622
| +2% | +$103K |
|
|
KE
2015
Kimball Electronics
KE
$607M
| $6.59M | ﹤0.01% |
360,963
-33,654
| -9% | -$694K |
|
|
RFP
2016
DELISTED
Resolute Forest Products Inc.
RFP
| $6.58M | ﹤0.01% |
595,642
+29,780
| +5% | +$241K |
|
|
ACIA
2017
DELISTED
Acacia Communications Inc
ACIA
| $6.58M | ﹤0.01% |
181,666
+15,201
| +9% | +$621K |
|
2018
CTS Corp
CTS
$1.83B
| $6.58M | ﹤0.01% |
255,435
+822
| +0.3% | +$21.6K |
|
2019
Clearwater Paper
CLW
$366M
| $6.57M | ﹤0.01% |
144,716
+6,550
| +5% | +$298K |
|
|
CIR
2020
DELISTED
CIRCOR International, Inc
CIR
| $6.57M | ﹤0.01% |
134,894
+1,144
| +0.9% | +$55.9K |
|
2021
BJ's Restaurants
BJRI
$1.44B
| $6.55M | ﹤0.01% |
179,980
+2,676
| +2% | +$89.2K |
|
|
FMSA
2022
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $6.55M | ﹤0.01% |
1,252,594
+40,888
| +3% | +$193K |
|
2023
Red Robin
RRGB
$145M
| $6.55M | ﹤0.01% |
116,117
+1,338
| +1% | +$77K |
|
2024
iShares MSCI EAFE ETF
EFA
$79.9B
| – | – |
0
| – | – |
|
|
CRC
2025
DELISTED
California Resources Corporation
CRC
| $6.53M | ﹤0.01% |
336,016
+15,976
| +5% | +$224K |
|
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.