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 | |
|---|---|---|---|---|---|---|
2026
Veeco
VECO
$3.07B
| $6.53M | ﹤0.01% |
439,767
+9,812
| +2% | +$169K |
|
|
AXDX
2027
DELISTED
Accelerate Diagnostics
AXDX
| $6.52M | ﹤0.01% |
24,897
+207
| +0.8% | +$48.5K |
|
|
BRSL
2028
Brightstar Lottery PLC
BRSL
$2.07B
| $6.52M | ﹤0.01% |
245,938
+18,114
| +8% | +$464K |
|
|
VNTR
2029
DELISTED
Venator Materials PLC
VNTR
| $6.51M | ﹤0.01% |
+294,393
| New | +$6.76M |
|
2030
Quanex
NX
$1.01B
| $6.51M | ﹤0.01% |
278,180
+1,280
| +0.5% | +$28.4K |
|
|
KTWO
2031
DELISTED
K2M Group Holdings, Inc
KTWO
| $6.5M | ﹤0.01% |
361,080
+29,566
| +9% | +$561K |
|
|
PSDO
2032
DELISTED
Presidio, Inc. Common Stock
PSDO
| $6.49M | ﹤0.01% |
338,352
+41,141
| +14% | +$646K |
|
|
CKH
2033
DELISTED
Seacor Holdings Inc.
CKH
| $6.48M | ﹤0.01% |
140,195
-3,579
| -2% | -$165K |
|
|
GBNK
2034
DELISTED
Guaranty Bancorp
GBNK
| $6.48M | ﹤0.01% |
234,311
+45,273
| +24% | +$1.29M |
|
2035
Middlesex Water
MSEX
$1.1B
| $6.46M | ﹤0.01% |
161,925
+435
| +0.3% | +$18.7K |
|
2036
Great Southern Bancorp
GSBC
$875M
| $6.44M | ﹤0.01% |
124,663
-3,746
| -3% | -$202K |
|
|
WLH
2037
DELISTED
WILLIAM LYON HOMES
WLH
| $6.43M | ﹤0.01% |
221,133
+26,048
| +13% | +$705K |
|
|
AD
2038
Array Digital Infrastructure
AD
$3.01B
| $6.43M | ﹤0.01% |
170,862
-26,298
| -13% | -$950K |
|
2039
Gogo Inc
GOGO
$392M
| $6.42M | ﹤0.01% |
569,014
+15,502
| +3% | +$165K |
|
|
ALDR
2040
DELISTED
Alder Biopharmaceuticals
ALDR
| $6.41M | ﹤0.01% |
559,850
+43,864
| +9% | +$490K |
|
2041
Amphastar Pharmaceuticals
AMPH
$869M
| $6.4M | ﹤0.01% |
332,824
+5,435
| +2% | +$101K |
|
|
UBA
2042
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $6.37M | ﹤0.01% |
293,227
+66
| +0% | +$1.48K |
|
|
SWCH
2043
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $6.36M | ﹤0.01% |
+349,478
| New | +$6.38M |
|
|
AHT
2044
Ashford Hospitality Trust
AHT
$20.3M
| $6.36M | ﹤0.01% |
956
+146
| +18% | +$966K |
|
2045
Phibro Animal Health
PAHC
$1.38B
| $6.35M | ﹤0.01% |
189,537
-9,439
| -5% | -$335K |
|
2046
SunCoke Energy
SXC
$786M
| $6.35M | ﹤0.01% |
529,438
+22,833
| +5% | +$246K |
|
|
OSG
2047
Octave Specialty Group
OSG
$205M
| $6.32M | ﹤0.01% |
395,274
+2,938
| +0.7% | +$45.2K |
|
|
BOLD
2048
DELISTED
Audentes Therapeutics, Inc
BOLD
| $6.32M | ﹤0.01% |
202,124
+23,041
| +13% | +$633K |
|
2049
Applied Optoelectronics
AAOI
$11.4B
| $6.31M | ﹤0.01% |
166,975
+4,492
| +3% | +$198K |
|
|
ORBC
2050
DELISTED
ORBCOMM, Inc.
ORBC
| $6.31M | ﹤0.01% |
620,235
+29,133
| +5% | +$308K |
|
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.