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 | |
|---|---|---|---|---|---|---|
|
HTZ
2001
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $8.84M | ﹤0.01% |
623,139
-170,635
| -21% | -$2.57M |
|
2002
Marten Transport
MRTN
$1.24B
| $8.81M | ﹤0.01% |
628,188
+27,984
| +5% | +$417K |
|
|
RFP
2003
DELISTED
Resolute Forest Products Inc.
RFP
| $8.81M | ﹤0.01% |
680,583
+26,127
| +4% | +$327K |
|
2004
Ingles Markets
IMKTA
$1.69B
| $8.8M | ﹤0.01% |
256,998
+16,787
| +7% | +$548K |
|
2005
Gates Industrial Corporation Ltd.
GTES
$7.01B
| $8.8M | ﹤0.01% |
451,142
+21,273
| +5% | +$372K |
|
2006
Novavax
NVAX
$1.35B
| $8.75M | ﹤0.01% |
232,698
+35,005
| +18% | +$986K |
|
|
AMAG
2007
DELISTED
AMAG Pharmaceuticals
AMAG
| $8.71M | ﹤0.01% |
435,488
+31,038
| +8% | +$707K |
|
|
XOXO
2008
DELISTED
Xo Group Inc
XOXO
| $8.69M | ﹤0.01% |
251,983
-33,890
| -12% | -$1.05M |
|
2009
Vicor
VICR
$10.6B
| $8.67M | ﹤0.01% |
188,565
+14,504
| +8% | +$797K |
|
|
BFS
2010
Saul Centers
BFS
$857M
| $8.65M | ﹤0.01% |
154,442
+15,094
| +11% | +$842K |
|
|
NVEE
2011
DELISTED
NV5 Global
NVEE
| $8.64M | ﹤0.01% |
398,792
+72,168
| +22% | +$1.49M |
|
2012
Future Fuel
FF
$254M
| $8.64M | ﹤0.01% |
465,982
+24,576
| +6% | +$364K |
|
2013
Stoneridge
SRI
$198M
| $8.61M | ﹤0.01% |
289,586
+29,806
| +11% | +$945K |
|
|
ORBC
2014
DELISTED
ORBCOMM, Inc.
ORBC
| $8.59M | ﹤0.01% |
791,409
+40,977
| +5% | +$433K |
|
2015
Univest Financial
UVSP
$1.19B
| $8.54M | ﹤0.01% |
323,017
+16,613
| +5% | +$462K |
|
2016
BioCryst Pharmaceuticals
BCRX
$2.53B
| $8.54M | ﹤0.01% |
1,118,978
+115,482
| +12% | +$776K |
|
2017
Manitowoc
MTW
$731M
| $8.53M | ﹤0.01% |
355,705
+37,530
| +12% | +$918K |
|
|
CBL
2018
DELISTED
CBL& Associates Properties, Inc.
CBL
| $8.52M | ﹤0.01% |
2,136,045
+182,186
| +9% | +$873K |
|
2019
E.W. Scripps
SSP
$314M
| $8.49M | ﹤0.01% |
514,532
+45,333
| +10% | +$656K |
|
|
ECHO
2020
DELISTED
Echo Global Logistics, Inc.
ECHO
| $8.48M | ﹤0.01% |
273,885
+10,751
| +4% | +$350K |
|
|
DAY
2021
DELISTED
Dayforce
DAY
| $8.47M | ﹤0.01% |
201,621
+1,402
| +0.7% | +$51.3K |
|
|
TRTX
2022
TPG RE Finance Trust
TRTX
$616M
| $8.47M | ﹤0.01% |
423,098
+218,554
| +107% | +$4.45M |
|
2023
RPC Inc
RES
$1.4B
| $8.4M | ﹤0.01% |
542,473
-2,621
| -0.5% | -$38.5K |
|
2024
Fate Therapeutics
FATE
$310M
| $8.39M | ﹤0.01% |
515,252
+62,326
| +14% | +$737K |
|
|
RVNC
2025
DELISTED
Revance Therapeutics, Inc.
RVNC
| $8.39M | ﹤0.01% |
337,493
+33,404
| +11% | +$908K |
|
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.