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 | |
|---|---|---|---|---|---|---|
|
ATNX
2126
DELISTED
Athenex, Inc. Common Stock
ATNX
| $7.06M | ﹤0.01% |
22,730
+2,551
| +13% | +$897K |
|
|
FLXN
2127
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $7.05M | ﹤0.01% |
376,619
+14,996
| +4% | +$345K |
|
2128
Photronics
PLAB
$1.99B
| $7.04M | ﹤0.01% |
714,891
+34,831
| +5% | +$324K |
|
|
CSR
2129
Centerspace
CSR
$937M
| $7.04M | ﹤0.01% |
117,722
+8,534
| +8% | +$469K |
|
2130
Insteel Industries
IIIN
$633M
| $7.04M | ﹤0.01% |
196,097
+21,744
| +12% | +$836K |
|
|
AHRT
2131
AH Realty Trust
AHRT
$506M
| $7.03M | ﹤0.01% |
465,183
+43,695
| +10% | +$671K |
|
|
ITG
2132
DELISTED
Investment Technology Group Inc
ITG
| $7.01M | ﹤0.01% |
323,957
-48,773
| -13% | -$1.07M |
|
2133
Dime Commercial Bancshares
DCOM
$1.82B
| $7M | ﹤0.01% |
211,010
+7,492
| +4% | +$266K |
|
|
PFC
2134
DELISTED
Premier Financial Corp. Common Stock
PFC
| $7M | ﹤0.01% |
232,533
+27,223
| +13% | +$875K |
|
2135
LeMaitre Vascular
LMAT
$1.88B
| $7M | ﹤0.01% |
180,668
+7,144
| +4% | +$257K |
|
2136
Regis Corp
RGS
$70.9M
| $6.93M | ﹤0.01% |
16,973
+718
| +4% | +$275K |
|
2137
National CineMedia
NCMI
$245M
| $6.93M | ﹤0.01% |
65,453
+5,387
| +9% | +$478K |
|
2138
DXP Enterprises
DXPE
$3.02B
| $6.93M | ﹤0.01% |
172,868
+6,734
| +4% | +$293K |
|
|
APTS
2139
DELISTED
Preferred Apartment Communities, Inc.
APTS
| $6.92M | ﹤0.01% |
393,907
+31,220
| +9% | +$544K |
|
2140
Peoples Bancorp
PEBO
$1.48B
| $6.92M | ﹤0.01% |
197,542
+10,576
| +6% | +$389K |
|
|
EGL
2141
DELISTED
Engility Holdings, Inc.
EGL
| $6.91M | ﹤0.01% |
191,915
+18,995
| +11% | +$654K |
|
2142
Extreme Networks
EXTR
$3.22B
| $6.89M | ﹤0.01% |
1,257,829
+58,266
| +5% | +$413K |
|
2143
CEVA Inc
CEVA
$866M
| $6.86M | ﹤0.01% |
238,778
+7,565
| +3% | +$228K |
|
2144
Axcelis
ACLS
$4.47B
| $6.86M | ﹤0.01% |
348,964
+34,017
| +11% | +$701K |
|
|
AXDX
2145
DELISTED
Accelerate Diagnostics
AXDX
| $6.85M | ﹤0.01% |
29,867
+1,359
| +5% | +$300K |
|
|
BHBK
2146
DELISTED
Blue Hills Bancorp, Inc.
BHBK
| $6.85M | ﹤0.01% |
284,368
+8,889
| +3% | +$202K |
|
|
DRNA
2147
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $6.8M | ﹤0.01% |
445,945
+144,434
| +48% | +$2.1M |
|
|
NBIS
2148
Nebius Group N.V.
NBIS
$68.2B
| $6.79M | ﹤0.01% |
206,329
+6,047
| +3% | +$205K |
|
2149
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$591M
| – | – |
0
| – | – |
|
2150
Copa Holdings
CPA
$6.17B
| $6.75M | ﹤0.01% |
84,562
-55,678
| -40% | -$4.88M |
|
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.