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 | |
|---|---|---|---|---|---|---|
|
OPB
2201
DELISTED
Opus Bank Common Stock
OPB
| $4.84M | ﹤0.01% |
177,399
+3,205
| +2% | +$83.1K |
|
|
ROCC
2202
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $4.83M | ﹤0.01% |
123,530
-12,263
| -9% | -$468K |
|
|
EXAC
2203
DELISTED
Exactech Inc
EXAC
| $4.82M | ﹤0.01% |
97,385
-23,040
| -19% | -$973K |
|
2204
Alaunos Therapeutics
TCRT
$4.66M
| $4.8M | ﹤0.01% |
7,738
+151
| +2% | +$108K |
|
2205
Imperial Oil
IMO
$62.3B
| $4.79M | ﹤0.01% |
155,127
+108,220
| +231% | +$3.37M |
|
|
HSKA
2206
DELISTED
Heska Corp
HSKA
| $4.79M | ﹤0.01% |
59,734
+1,392
| +2% | +$123K |
|
2207
Mercantile Bank Corp
MBWM
$1.06B
| $4.78M | ﹤0.01% |
135,022
-179
| -0.1% | -$6.43K |
|
|
UMH
2208
UMH Properties
UMH
$1.38B
| $4.77M | ﹤0.01% |
320,080
+3,907
| +1% | +$59.5K |
|
|
ACTA
2209
DELISTED
Actua Corp
ACTA
| $4.74M | ﹤0.01% |
303,838
+7,324
| +2% | +$114K |
|
|
HTBK
2210
DELISTED
Heritage Commerce
HTBK
| $4.74M | ﹤0.01% |
309,257
-11,759
| -4% | -$179K |
|
|
AABA
2211
DELISTED
Altaba Inc
AABA
| $4.72M | ﹤0.01% |
67,552
-23,761
| -26% | -$1.65M |
|
|
TERP
2212
DELISTED
TerraForm Power, Inc
TERP
| $4.69M | ﹤0.01% |
392,135
-1,000,779
| -72% | -$12.5M |
|
2213
First Financial Corp
THFF
$972M
| $4.68M | ﹤0.01% |
103,286
-4,198
| -4% | -$199K |
|
2214
Wave Life Sciences
WVE
$1.05B
| $4.68M | ﹤0.01% |
133,398
-373
| -0.3% | -$10.9K |
|
2215
LeMaitre Vascular
LMAT
$1.86B
| $4.66M | ﹤0.01% |
146,364
+264
| +0.2% | +$9.04K |
|
|
EVBG
2216
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $4.65M | ﹤0.01% |
156,472
+714
| +0.5% | +$19.5K |
|
|
FTR
2217
DELISTED
Frontier Communications Corp.
FTR
| $4.64M | ﹤0.01% |
687,080
-22,664
| -3% | -$211K |
|
|
BHVN
2218
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $4.64M | ﹤0.01% |
172,108
+20,908
| +14% | +$576K |
|
|
DSKE
2219
DELISTED
Daseke, Inc. Common Stock
DSKE
| $4.64M | ﹤0.01% |
324,806
+149,100
| +85% | +$2M |
|
|
XCRA
2220
DELISTED
Xcerra Corporation
XCRA
| $4.64M | ﹤0.01% |
473,715
+5,117
| +1% | +$50.5K |
|
2221
Matrix Service
MTRX
$332M
| $4.63M | ﹤0.01% |
260,193
+15,195
| +6% | +$239K |
|
|
SHYF
2222
DELISTED
The Shyft Group
SHYF
| $4.63M | ﹤0.01% |
294,002
+5,998
| +2% | +$91.2K |
|
2223
Comtech Telecommunications
CMTL
$52.1M
| $4.62M | ﹤0.01% |
209,031
+3,197
| +2% | +$68.1K |
|
|
HONE
2224
DELISTED
HarborOne Bancorp
HONE
| $4.62M | ﹤0.01% |
432,767
+4,356
| +1% | +$46.9K |
|
2225
The Bancorp
TBBK
$2.83B
| $4.61M | ﹤0.01% |
467,076
+4,969
| +1% | +$45.5K |
|
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.