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 | |
|---|---|---|---|---|---|---|
2051
Southern Copper
SCCO
$160B
| $8.04M | ﹤0.01% |
204,709
+17,414
| +9% | +$708K |
|
2052
Assembly Biosciences
ASMB
$596M
| $8.02M | ﹤0.01% |
18,001
+4,102
| +30% | +$1.92M |
|
2053
Marcus Corp
MCS
$922M
| $8.02M | ﹤0.01% |
190,699
+12,195
| +7% | +$463K |
|
2054
Cohu
COHU
$2.77B
| $8M | ﹤0.01% |
318,695
-10,569
| -3% | -$264K |
|
|
PEI
2055
DELISTED
Pennsylvania Real Estate Investment Trust
PEI
| $8M | ﹤0.01% |
56,371
+3,838
| +7% | +$597K |
|
|
GBNK
2056
DELISTED
Guaranty Bancorp
GBNK
| $7.99M | ﹤0.01% |
269,040
+12,708
| +5% | +$388K |
|
2057
Cass Information Systems
CASS
$750M
| $7.97M | ﹤0.01% |
146,956
+5,762
| +4% | +$334K |
|
|
HSKA
2058
DELISTED
Heska Corp
HSKA
| $7.97M | ﹤0.01% |
70,356
+3,260
| +5% | +$343K |
|
|
CARO
2059
DELISTED
Carolina Financial Corp.
CARO
| $7.93M | ﹤0.01% |
210,340
+11,725
| +6% | +$486K |
|
2060
Viking Therapeutics
VKTX
$3.89B
| $7.93M | ﹤0.01% |
455,090
+59,079
| +15% | +$703K |
|
|
NFBK
2061
DELISTED
Northfield Bancorp
NFBK
| $7.88M | ﹤0.01% |
494,833
+18,033
| +4% | +$296K |
|
|
XCRA
2062
DELISTED
Xcerra Corporation
XCRA
| $7.88M | ﹤0.01% |
551,925
+26,769
| +5% | +$379K |
|
|
HMHC
2063
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $7.87M | ﹤0.01% |
1,124,594
+43,935
| +4% | +$296K |
|
2064
Northern Oil and Gas
NOG
$2.55B
| $7.86M | ﹤0.01% |
196,500
+40,414
| +26% | +$1.36M |
|
2065
Live Oak Bancshares
LOB
$2B
| $7.86M | ﹤0.01% |
293,106
+11,753
| +4% | +$352K |
|
2066
Upbound Group
UPBD
$1.15B
| $7.85M | ﹤0.01% |
545,693
+53,384
| +11% | +$785K |
|
2067
Pathward Financial
CASH
$1.8B
| $7.84M | ﹤0.01% |
284,703
+13,233
| +5% | +$396K |
|
2068
Adeia
ADEA
$3.16B
| $7.84M | ﹤0.01% |
1,995,273
+40,658
| +2% | +$173K |
|
|
PSDO
2069
DELISTED
Presidio, Inc. Common Stock
PSDO
| $7.83M | ﹤0.01% |
513,447
+104,269
| +25% | +$1.55M |
|
2070
Forum Energy Technologies
FET
$946M
| $7.8M | ﹤0.01% |
37,703
+1,566
| +4% | +$369K |
|
|
STEL
2071
DELISTED
Stellar Bancorp
STEL
| $7.75M | ﹤0.01% |
218,105
+138,421
| +174% | +$5.01M |
|
|
FFG
2072
DELISTED
FBL Financial Group
FFG
| $7.74M | ﹤0.01% |
102,798
+5,768
| +6% | +$468K |
|
2073
World Acceptance Corp
WRLD
$896M
| $7.69M | ﹤0.01% |
67,247
+2,473
| +4% | +$284K |
|
2074
Center Bancorp
CNOB
$1.82B
| $7.68M | ﹤0.01% |
323,554
+13,239
| +4% | +$329K |
|
|
PENG
2075
Penguin Solutions Inc
PENG
$3.21B
| $7.67M | ﹤0.01% |
533,938
+220,776
| +70% | +$3.44M |
|
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.