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 | |
|---|---|---|---|---|---|---|
2076
Pacific Biosciences
PACB
$354M
| $7.67M | ﹤0.01% |
1,417,077
+251,500
| +22% | +$1.08M |
|
2077
Central Pacific Financial
CPF
$1.01B
| $7.66M | ﹤0.01% |
289,695
+17,769
| +7% | +$503K |
|
2078
Newmark Group
NMRK
$2.73B
| $7.62M | ﹤0.01% |
681,055
-417,531
| -38% | -$5.43M |
|
2079
OFG Bancorp
OFG
$2.27B
| $7.62M | ﹤0.01% |
471,722
+61,004
| +15% | +$988K |
|
2080
RE/MAX Holdings
RMAX
$260M
| $7.62M | ﹤0.01% |
171,764
+12,353
| +8% | +$615K |
|
2081
Banc of California
BANC
$3.14B
| $7.61M | ﹤0.01% |
402,832
+17,101
| +4% | +$337K |
|
2082
Green Plains
GPRE
$1.09B
| $7.61M | ﹤0.01% |
442,382
+47,415
| +12% | +$812K |
|
|
EIGI
2083
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $7.6M | ﹤0.01% |
863,895
+25,587
| +3% | +$243K |
|
2084
PetMed Express
PETS
$42.1M
| $7.59M | ﹤0.01% |
229,856
+9,741
| +4% | +$364K |
|
|
REN
2085
DELISTED
Resolute Energy Corporaton
REN
| $7.58M | ﹤0.01% |
200,602
+8,482
| +4% | +$276K |
|
|
ORIG
2086
DELISTED
Ocean Rig UDW Inc. Class A Common Shares
ORIG
| $7.58M | ﹤0.01% |
218,879
+24,909
| +13% | +$719K |
|
2087
Weis Markets
WMK
$1.78B
| $7.57M | ﹤0.01% |
174,349
+18,399
| +12% | +$894K |
|
2088
Cenovus Energy
CVE
$56.2B
| $7.56M | ﹤0.01% |
759,707
+73,148
| +11% | +$714K |
|
2089
Boot Barn
BOOT
$5B
| $7.56M | ﹤0.01% |
266,053
+44,614
| +20% | +$1.18M |
|
|
GTS
2090
DELISTED
Triple-S Management Corporation
GTS
| $7.55M | ﹤0.01% |
420,318
+24,645
| +6% | +$652K |
|
|
SAFE
2091
Safehold
SAFE
$1.1B
| $7.54M | ﹤0.01% |
138,774
-2,887
| -2% | -$152K |
|
|
CPLG
2092
DELISTED
CorePoint Lodging Inc. Common Stock
CPLG
| $7.54M | ﹤0.01% |
387,912
+19,834
| +5% | +$458K |
|
|
I
2093
DELISTED
INTELSAT S. A.
I
| $7.54M | ﹤0.01% |
251,405
+145,398
| +137% | +$3.18M |
|
|
MCHB
2094
Mechanics Bancorp
MCHB
$3.8B
| $7.54M | ﹤0.01% |
284,449
+10,755
| +4% | +$310K |
|
|
RDUS
2095
DELISTED
Radius Health, Inc.
RDUS
| $7.49M | ﹤0.01% |
420,970
+21,737
| +5% | +$492K |
|
|
VBTX
2096
DELISTED
Veritex Holdings
VBTX
| $7.49M | ﹤0.01% |
264,869
+78,324
| +42% | +$2.41M |
|
2097
Amphastar Pharmaceuticals
AMPH
$855M
| $7.47M | ﹤0.01% |
388,517
+7,658
| +2% | +$136K |
|
2098
Imperial Oil
IMO
$63.4B
| $7.43M | ﹤0.01% |
231,632
+35,849
| +18% | +$1.15M |
|
|
NCOM
2099
DELISTED
National Commerce Corporation
NCOM
| $7.42M | ﹤0.01% |
179,769
+46,141
| +35% | +$2.08M |
|
|
FFIC
2100
DELISTED
Flushing Financial
FFIC
| $7.41M | ﹤0.01% |
303,722
+18,562
| +7% | +$479K |
|
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.