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 | |
|---|---|---|---|---|---|---|
2226
Verastem
VSTM
$616M
| $5.87M | ﹤0.01% |
67,452
+25,182
| +60% | +$2.5M |
|
2227
Peapack-Gladstone Financial
PGC
$827M
| $5.8M | ﹤0.01% |
187,677
+13,071
| +7% | +$436K |
|
2228
Prothena Corp
PRTA
$472M
| $5.79M | ﹤0.01% |
442,854
| – | – |
|
|
NEX
2229
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $5.79M | ﹤0.01% |
467,954
-49,023
| -9% | -$633K |
|
|
RTL
2230
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $5.79M | ﹤0.01% |
+379,103
| New | +$5.99M |
|
|
ALTA
2231
DELISTED
Altabancorp
ALTA
| $5.77M | ﹤0.01% |
169,932
+7,813
| +5% | +$279K |
|
|
WRD
2232
DELISTED
WildHorse Resource Development
WRD
| $5.75M | ﹤0.01% |
243,323
+16,623
| +7% | +$357K |
|
|
EPZM
2233
DELISTED
Epizyme, Inc
EPZM
| $5.74M | ﹤0.01% |
541,821
+28,792
| +6% | +$329K |
|
|
STFC
2234
DELISTED
State Auto Financial Corp
STFC
| $5.74M | ﹤0.01% |
187,971
+9,279
| +5% | +$289K |
|
2235
Mercantile Bank Corp
MBWM
$1.07B
| $5.73M | ﹤0.01% |
171,842
+4,328
| +3% | +$154K |
|
2236
NVE Corp
NVEC
$570M
| $5.73M | ﹤0.01% |
54,087
+2,356
| +5% | +$271K |
|
2237
Ezcorp Inc
EZPW
$1.8B
| $5.72M | ﹤0.01% |
534,368
+34,028
| +7% | +$387K |
|
2238
Monarch Casino & Resort
MCRI
$2.18B
| $5.71M | ﹤0.01% |
125,573
+3,658
| +3% | +$170K |
|
2239
Wheaton Precious Metals
WPM
$60.1B
| $5.7M | ﹤0.01% |
327,988
+31,307
| +11% | +$600K |
|
2240
International Seaways
INSW
$4.68B
| $5.69M | ﹤0.01% |
284,063
+7,526
| +3% | +$156K |
|
|
CHCT
2241
Community Healthcare Trust
CHCT
$437M
| $5.68M | ﹤0.01% |
183,375
+5,368
| +3% | +$164K |
|
2242
Ennis
EBF
$557M
| $5.67M | ﹤0.01% |
277,502
-7,995
| -3% | -$169K |
|
2243
Expro Ltd
XPRO
$2.06B
| $5.66M | ﹤0.01% |
108,661
+5,586
| +5% | +$282K |
|
|
WSR
2244
DELISTED
Whitestone REIT
WSR
| $5.65M | ﹤0.01% |
407,057
+27,718
| +7% | +$366K |
|
2245
Equity Bancshares
EQBK
$1.06B
| $5.64M | ﹤0.01% |
143,774
+3,976
| +3% | +$164K |
|
2246
Financial Institutions
FISI
$827M
| $5.64M | ﹤0.01% |
179,770
+34,180
| +23% | +$1.11M |
|
2247
Veeco
VECO
$3.33B
| $5.64M | ﹤0.01% |
550,521
+73,074
| +15% | +$914K |
|
2248
Metallus
MTUS
$897M
| $5.64M | ﹤0.01% |
379,328
+16,595
| +5% | +$249K |
|
2249
PC Connection
CNXN
$2.04B
| $5.64M | ﹤0.01% |
144,976
-6,074
| -4% | -$225K |
|
|
NIHD
2250
DELISTED
NII Holdings, Inc. Common Stock
NIHD
| $5.64M | ﹤0.01% |
962,163
+9,034
| +0.9% | +$46.4K |
|
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.