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 | |
|---|---|---|---|---|---|---|
|
LDL
2101
DELISTED
Lydall, Inc.
LDL
| $7.4M | ﹤0.01% |
171,726
+10,197
| +6% | +$440K |
|
|
CMO
2102
DELISTED
Capstead Mortgage Corp.
CMO
| $7.39M | ﹤0.01% |
934,993
+35,481
| +4% | +$299K |
|
|
PS
2103
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $7.37M | ﹤0.01% |
230,319
+58,328
| +34% | +$1.71M |
|
|
DVAX
2104
DELISTED
Dynavax Technologies
DVAX
| $7.36M | ﹤0.01% |
593,871
+40,827
| +7% | +$552K |
|
2105
Arbor Realty Trust
ABR
$979M
| $7.35M | ﹤0.01% |
639,959
-839
| -0.1% | -$9.66K |
|
|
TPC
2106
Tutor Perini Cor
TPC
$5.02B
| $7.33M | ﹤0.01% |
389,912
+26,376
| +7% | +$511K |
|
2107
Addus HomeCare
ADUS
$2.2B
| $7.33M | ﹤0.01% |
104,435
+27,242
| +35% | +$1.76M |
|
|
AKCA
2108
DELISTED
Akcea Therapeutics Inc
AKCA
| $7.32M | ﹤0.01% |
209,084
+5,953
| +3% | +$180K |
|
|
UBA
2109
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $7.31M | ﹤0.01% |
343,173
+20,042
| +6% | +$443K |
|
2110
Comscore
SCOR
$90.7M
| $7.3M | ﹤0.01% |
+20,023
| New | +$7.95M |
|
|
BPYU
2111
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $7.3M | ﹤0.01% |
+349,663
| New | +$7.04M |
|
|
ORIT
2112
DELISTED
Oritani Financial Corp. New
ORIT
| $7.29M | ﹤0.01% |
469,151
+14,584
| +3% | +$235K |
|
2113
Gorman-Rupp
GRC
$2.13B
| $7.26M | ﹤0.01% |
199,013
+14,771
| +8% | +$542K |
|
2114
Tidewater
TDW
$4.54B
| $7.26M | ﹤0.01% |
232,879
+19,739
| +9% | +$622K |
|
2115
Anika Therapeutics
ANIK
$284M
| $7.25M | ﹤0.01% |
171,905
+4,391
| +3% | +$174K |
|
|
GMS
2116
DELISTED
GMS Inc
GMS
| $7.23M | ﹤0.01% |
311,517
-43,645
| -12% | -$1.11M |
|
|
KE
2117
Kimball Electronics
KE
$593M
| $7.22M | ﹤0.01% |
367,420
+9,471
| +3% | +$186K |
|
|
INOV
2118
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $7.22M | ﹤0.01% |
718,209
+47,634
| +7% | +$519K |
|
2119
Buckle
BKE
$2.3B
| $7.21M | ﹤0.01% |
312,883
+13,980
| +5% | +$344K |
|
|
TSC
2120
DELISTED
TriState Capital Holdings, Inc.
TSC
| $7.19M | ﹤0.01% |
260,638
+14,639
| +6% | +$418K |
|
2121
Modine Manufacturing
MOD
$10.9B
| $7.19M | ﹤0.01% |
482,466
+21,261
| +5% | +$362K |
|
|
FRGI
2122
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $7.18M | ﹤0.01% |
268,577
+20,420
| +8% | +$586K |
|
2123
Camden National
CAC
$993M
| $7.15M | ﹤0.01% |
164,524
+6,404
| +4% | +$290K |
|
|
AHT
2124
Ashford Hospitality Trust
AHT
$20.1M
| $7.13M | ﹤0.01% |
1,130
+23
| +2% | +$160K |
|
2125
Hyster-Yale Materials Handling
HY
$621M
| $7.07M | ﹤0.01% |
114,982
+6,392
| +6% | +$404K |
|
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.