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 | |
|---|---|---|---|---|---|---|
2201
Waterstone Financial
WSBF
$382M
| $6.14M | ﹤0.01% |
357,804
+15,576
| +5% | +$266K |
|
|
QADA
2202
DELISTED
QAD Inc.
QADA
| $6.13M | ﹤0.01% |
108,248
+15,738
| +17% | +$859K |
|
|
SMTA
2203
DELISTED
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
| $6.13M | ﹤0.01% |
532,045
-16,709
| -3% | -$178K |
|
2204
Tredegar Corp
TG
$277M
| $6.09M | ﹤0.01% |
281,352
+17,637
| +7% | +$404K |
|
|
EVRI
2205
DELISTED
Everi Holdings
EVRI
| $6.04M | ﹤0.01% |
658,877
+29,766
| +5% | +$244K |
|
2206
Bausch Health
BHC
$2.36B
| $6.04M | ﹤0.01% |
+237,112
| New | +$5.43M |
|
|
SHOE
2207
Shoe Station Group
SHOE
$418M
| $6.03M | ﹤0.01% |
313,448
+25,056
| +9% | +$445K |
|
|
HTBK
2208
DELISTED
Heritage Commerce
HTBK
| $5.99M | ﹤0.01% |
401,677
+26,425
| +7% | +$418K |
|
|
ILPT
2209
Industrial Logistics Properties Trust
ILPT
$610M
| $5.99M | ﹤0.01% |
260,422
+15,888
| +6% | +$368K |
|
2210
Tootsie Roll Industries
TR
$3.05B
| $5.99M | ﹤0.01% |
259,276
+9,285
| +4% | +$217K |
|
2211
Universal Electronics
UEIC
$71M
| $5.98M | ﹤0.01% |
151,973
+6,452
| +4% | +$253K |
|
2212
iShares MSCI EAFE ETF
EFA
$80.4B
| – | – |
0
| – | – |
|
|
EGIO
2213
DELISTED
Edgio, Inc. Common Stock
EGIO
| $5.96M | ﹤0.01% |
29,700
+1,124
| +4% | +$210K |
|
|
OPB
2214
DELISTED
Opus Bank Common Stock
OPB
| $5.96M | ﹤0.01% |
217,633
+20,242
| +10% | +$579K |
|
2215
Icon
ICLR
$12.8B
| $5.96M | ﹤0.01% |
38,782
+1,875
| +5% | +$269K |
|
|
BBBY
2216
Bed Bath & Beyond
BBBY
$418M
| $5.96M | ﹤0.01% |
286,293
+19,421
| +7% | +$479K |
|
2217
Brown-Forman Class A
BF.A
$13.1B
| $5.95M | ﹤0.01% |
117,038
+3,605
| +3% | +$189K |
|
2218
Forrester Research
FORR
$222M
| $5.93M | ﹤0.01% |
129,186
+9,824
| +8% | +$452K |
|
2219
DMC Global
BOOM
$154M
| $5.92M | ﹤0.01% |
145,098
+592
| +0.4% | +$25.2K |
|
2220
Agnico Eagle Mines
AEM
$90.8B
| $5.91M | ﹤0.01% |
174,481
+171,136
| +5,116% | +$6.66M |
|
|
CIVI
2221
DELISTED
Civitas Resources
CIVI
| $5.91M | ﹤0.01% |
198,458
+7,526
| +4% | +$251K |
|
|
RDS.B
2222
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $5.91M | ﹤0.01% |
83,309
+2,210
| +3% | +$153K |
|
2223
Lexicon Pharmaceuticals
LXRX
$1.05B
| $5.88M | ﹤0.01% |
551,421
+23,251
| +4% | +$266K |
|
2224
QCR Holdings
QCRH
$1.74B
| $5.88M | ﹤0.01% |
143,998
+9,020
| +7% | +$402K |
|
|
RVI
2225
DELISTED
Retail Value Inc. Common Shares
RVI
| $5.88M | ﹤0.01% |
+1,959,448
| New | +$6.1M |
|
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.