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 | |
|---|---|---|---|---|---|---|
|
ASRT
2251
DELISTED
Assertio
ASRT
| $4.36M | ﹤0.01% |
9,027
-356
| -4% | -$138K |
|
2252
Myers Industries
MYE
$1.23B
| $4.35M | ﹤0.01% |
223,308
+23,428
| +12% | +$491K |
|
|
KG
2253
Kestrel Group
KG
$69.2M
| $4.35M | ﹤0.01% |
32,943
+52
| +0.2% | +$7.78K |
|
2254
Insteel Industries
IIIN
$628M
| $4.33M | ﹤0.01% |
153,069
-6,381
| -4% | -$171K |
|
|
CNCE
2255
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $4.33M | ﹤0.01% |
167,584
+36,982
| +28% | +$745K |
|
2256
Artesian Resources
ARTNA
$364M
| $4.33M | ﹤0.01% |
112,355
+1,054
| +0.9% | +$42.1K |
|
|
GNRT
2257
DELISTED
Gener8 Maritime, Inc.
GNRT
| $4.33M | ﹤0.01% |
653,904
+6,674
| +1% | +$31.9K |
|
|
MITT
2258
TPG Mortgage Investment Trust
MITT
$213M
| $4.33M | ﹤0.01% |
75,883
+3,399
| +5% | +$196K |
|
|
GNBC
2259
DELISTED
Green Bancorp, Inc
GNBC
| $4.32M | ﹤0.01% |
212,903
+7,718
| +4% | +$171K |
|
|
CHUY
2260
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $4.32M | ﹤0.01% |
153,836
+1,150
| +0.8% | +$27.2K |
|
2261
UNIFI
UFI
$129M
| $4.31M | ﹤0.01% |
120,150
+3,641
| +3% | +$132K |
|
|
RDS.B
2262
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $4.31M | ﹤0.01% |
63,085
+820
| +1% | +$53.1K |
|
2263
American Vanguard Corp
AVD
$65.2M
| $4.31M | ﹤0.01% |
219,151
-449
| -0.2% | -$9.3K |
|
|
GHL
2264
DELISTED
Greenhill & Co., Inc.
GHL
| $4.3M | ﹤0.01% |
220,690
-4,190
| -2% | -$78K |
|
|
NCOM
2265
DELISTED
National Commerce Corporation
NCOM
| $4.29M | ﹤0.01% |
106,645
+15,766
| +17% | +$653K |
|
2266
Bank of N.T. Butterfield & Son
NTB
$2.48B
| $4.28M | ﹤0.01% |
118,074
+1,135
| +1% | +$42.2K |
|
2267
FB Financial Corp
FBK
$3.08B
| $4.28M | ﹤0.01% |
101,933
+1,066
| +1% | +$43.3K |
|
|
NXEO
2268
DELISTED
Nexeo Solutions, Inc. Common Stock
NXEO
| $4.27M | ﹤0.01% |
469,176
-2,405
| -0.5% | -$19K |
|
2269
STAAR Surgical
STAA
$1.26B
| $4.25M | ﹤0.01% |
274,602
+12,550
| +5% | +$186K |
|
|
BV
2270
DELISTED
Bazaarvoice, Inc.
BV
| $4.25M | ﹤0.01% |
780,484
-12,676
| -2% | -$63.9K |
|
2271
Medpace
MEDP
$16.8B
| $4.25M | ﹤0.01% |
117,212
+15,570
| +15% | +$546K |
|
|
SCMP
2272
DELISTED
Sucampo Pharmaceuticals, Inc.
SCMP
| $4.25M | ﹤0.01% |
236,757
-31,957
| -12% | -$393K |
|
|
KERX
2273
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $4.24M | ﹤0.01% |
912,179
+19,003
| +2% | +$105K |
|
2274
Lennar Class B
LEN.B
$20.3B
| $4.24M | ﹤0.01% |
86,286
+31,713
| +58% | +$1.47M |
|
|
BAS
2275
DELISTED
Basis Energy Services, Inc.
BAS
| $4.24M | ﹤0.01% |
180,573
+2,033
| +1% | +$42.3K |
|
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.