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 | |
|---|---|---|---|---|---|---|
2176
Quanex
NX
$981M
| $6.5M | ﹤0.01% |
356,943
+9,700
| +3% | +$171K |
|
2177
Global Industrial
GIC
$1.48B
| $6.48M | ﹤0.01% |
196,862
+48,275
| +32% | +$1.83M |
|
2178
Camping World
CWH
$664M
| $6.48M | ﹤0.01% |
303,837
+13,640
| +5% | +$300K |
|
|
LORL
2179
DELISTED
Loral Space and Communications, Inc.
LORL
| $6.48M | ﹤0.01% |
142,661
+8,151
| +6% | +$336K |
|
2180
Midland States Bancorp
MSBI
$699M
| $6.47M | ﹤0.01% |
201,479
+11,408
| +6% | +$393K |
|
|
PRMW
2181
DELISTED
Primo Water Corporation
PRMW
| $6.44M | ﹤0.01% |
356,694
+25,981
| +8% | +$482K |
|
2182
FB Financial Corp
FBK
$3.1B
| $6.43M | ﹤0.01% |
164,198
+14,238
| +9% | +$611K |
|
|
HK
2183
DELISTED
Halcon Resources Corporation
HK
| $6.41M | ﹤0.01% |
1,434,571
+67,907
| +5% | +$285K |
|
2184
Koppers
KOP
$875M
| $6.37M | ﹤0.01% |
204,437
+13,410
| +7% | +$480K |
|
|
AGS
2185
DELISTED
PlayAGS
AGS
| $6.34M | ﹤0.01% |
215,223
+61,646
| +40% | +$1.82M |
|
2186
Solid Biosciences
SLDB
$974M
| $6.32M | ﹤0.01% |
8,935
+3,481
| +64% | +$2.19M |
|
2187
Donnelley Financial Solutions
DFIN
$1.18B
| $6.29M | ﹤0.01% |
351,330
+7,730
| +2% | +$153K |
|
2188
American Public Education
APEI
$844M
| $6.29M | ﹤0.01% |
190,242
-676
| -0.4% | -$25.9K |
|
2189
OneSpan
OSPN
$602M
| $6.29M | ﹤0.01% |
330,011
+13,158
| +4% | +$246K |
|
2190
Ecovyst
ECVT
$1.11B
| $6.26M | ﹤0.01% |
358,268
+27,487
| +8% | +$487K |
|
|
DCOM
2191
DELISTED
Dime Community Bancshares
DCOM
| $6.25M | ﹤0.01% |
349,869
+26,603
| +8% | +$493K |
|
2192
Select Water Solutions
WTTR
$2.66B
| $6.23M | ﹤0.01% |
526,525
+107,070
| +26% | +$1.47M |
|
2193
Tenable Holdings
TENB
$4.24B
| $6.22M | ﹤0.01% |
+160,008
| New | +$5.32M |
|
|
TOWR
2194
DELISTED
Tower International, Inc.
TOWR
| $6.2M | ﹤0.01% |
204,932
+554
| +0.3% | +$18K |
|
|
DHIL
2195
DELISTED
Diamond Hill
DHIL
| $6.17M | ﹤0.01% |
37,295
+1,662
| +5% | +$307K |
|
|
DF
2196
DELISTED
Dean Foods Company
DF
| $6.16M | ﹤0.01% |
868,233
+37,713
| +5% | +$330K |
|
|
AD
2197
Array Digital Infrastructure
AD
$3.08B
| $6.16M | ﹤0.01% |
137,496
+2,089
| +2% | +$84.2K |
|
|
LKSD
2198
DELISTED
LSC Communications, Inc.
LKSD
| $6.16M | ﹤0.01% |
556,654
-259,692
| -32% | -$3.35M |
|
2199
Century Communities
CCS
$2.02B
| $6.15M | ﹤0.01% |
234,227
+10,899
| +5% | +$326K |
|
2200
Gildan
GIL
$10.5B
| $6.14M | ﹤0.01% |
203,036
+7,402
| +4% | +$215K |
|
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.