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 | |
|---|---|---|---|---|---|---|
2126
Ring Energy
REI
$357M
| $5.53M | ﹤0.01% |
397,948
+2,697
| +0.7% | +$36.2K |
|
2127
Malibu Boats
MBUU
$583M
| $5.53M | ﹤0.01% |
185,910
+7,587
| +4% | +$231K |
|
2128
Autohome
ATHM
$2.65B
| $5.52M | ﹤0.01% |
85,912
+1,354
| +2% | +$81.7K |
|
|
FLIC
2129
DELISTED
First of Long Island Corp
FLIC
| $5.5M | ﹤0.01% |
193,141
+2,502
| +1% | +$75K |
|
2130
Horizon Bancorp
HBNC
$1.05B
| $5.49M | ﹤0.01% |
296,075
+35,301
| +14% | +$652K |
|
|
HSII
2131
DELISTED
Heidrick & Struggles
HSII
| $5.48M | ﹤0.01% |
223,226
+62,220
| +39% | +$1.46M |
|
2132
Cass Information Systems
CASS
$736M
| $5.47M | ﹤0.01% |
112,859
-1,527
| -1% | -$76.3K |
|
|
ANH
2133
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $5.44M | ﹤0.01% |
999,668
-2,068
| -0.2% | -$11.8K |
|
2134
AppFolio
APPF
$7.19B
| $5.41M | ﹤0.01% |
130,445
+13,269
| +11% | +$595K |
|
2135
Ezcorp Inc
EZPW
$1.66B
| $5.41M | ﹤0.01% |
443,092
+2,448
| +0.6% | +$26.7K |
|
2136
Trupanion
TRUP
$1.34B
| $5.4M | ﹤0.01% |
184,368
+22,170
| +14% | +$652K |
|
2137
Icahn Enterprises
IEP
$5.39B
| $5.39M | ﹤0.01% |
101,799
-3,469
| -3% | -$189K |
|
2138
MYR Group
MYRG
$5.14B
| $5.39M | ﹤0.01% |
151,002
+54
| +0% | +$1.79K |
|
2139
Weis Markets
WMK
$1.76B
| $5.39M | ﹤0.01% |
130,293
+154
| +0.1% | +$6.21K |
|
2140
Titan International
TWI
$461M
| $5.38M | ﹤0.01% |
417,834
-1,616
| -0.4% | -$18K |
|
|
RRD
2141
DELISTED
RR Donnelley & Sons Co.
RRD
| $5.36M | ﹤0.01% |
576,098
+2,760
| +0.5% | +$25.2K |
|
2142
Infosys
INFY
$51B
| $5.36M | ﹤0.01% |
666,790
-200,916
| -23% | -$1.53M |
|
|
JAG
2143
DELISTED
Jagged Peak Energy Inc.
JAG
| $5.34M | ﹤0.01% |
338,519
-2,530
| -0.7% | -$36.6K |
|
|
BBG
2144
DELISTED
Bill Barrett Corp
BBG
| $5.34M | ﹤0.01% |
1,041,311
+419,843
| +68% | +$2.15M |
|
|
VRS
2145
DELISTED
Verso Corporation
VRS
| $5.34M | ﹤0.01% |
303,788
+15,527
| +5% | +$148K |
|
2146
Wheaton Precious Metals
WPM
$61B
| $5.33M | ﹤0.01% |
243,603
-1,440
| -0.6% | -$30K |
|
2147
Hamilton Lane
HLNE
$5.78B
| $5.33M | ﹤0.01% |
150,650
+6,048
| +4% | +$186K |
|
2148
Entravision Communication
EVC
$852M
| $5.33M | ﹤0.01% |
744,838
+215,377
| +41% | +$1.35M |
|
|
LORL
2149
DELISTED
Loral Space and Communications, Inc.
LORL
| $5.31M | ﹤0.01% |
120,508
+1,302
| +1% | +$60.9K |
|
2150
Mercer International
MERC
$33.5M
| $5.27M | ﹤0.01% |
368,777
+6,282
| +2% | +$86.2K |
|
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.