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 | |
|---|---|---|---|---|---|---|
|
HIBB
2276
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $4.23M | ﹤0.01% |
207,440
-105,996
| -34% | -$1.75M |
|
2277
National Presto Industries
NPK
$1,000M
| $4.21M | ﹤0.01% |
42,291
+2,043
| +5% | +$223K |
|
2278
Hooker Furnishings Corp
HOFT
$158M
| $4.19M | ﹤0.01% |
98,746
+415
| +0.4% | +$19.4K |
|
|
BVH
2279
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $4.17M | ﹤0.01% |
104,755
+37,764
| +56% | +$1.48M |
|
|
PFC
2280
DELISTED
Premier Financial Corp. Common Stock
PFC
| $4.16M | ﹤0.01% |
160,098
-3,328
| -2% | -$89.3K |
|
2281
Marcus Corp
MCS
$894M
| $4.15M | ﹤0.01% |
151,752
-198
| -0.1% | -$5.45K |
|
|
EGRX
2282
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $4.15M | ﹤0.01% |
77,620
-15,876
| -17% | -$884K |
|
2283
Intrepid Potash
IPI
$495M
| $4.11M | ﹤0.01% |
86,271
+597
| +0.7% | +$23.3K |
|
2284
TETRA Technologies
TTI
$1.29B
| $4.11M | ﹤0.01% |
961,796
+11,869
| +1% | +$40.9K |
|
|
EGL
2285
DELISTED
Engility Holdings, Inc.
EGL
| $4.1M | ﹤0.01% |
144,615
+433
| +0.3% | +$13.2K |
|
2286
Barrett Business Services
BBSI
$751M
| $4.09M | ﹤0.01% |
253,972
-17,352
| -6% | -$271K |
|
2287
Rapid7
RPD
$846M
| $4.08M | ﹤0.01% |
218,907
+33,078
| +18% | +$613K |
|
|
FRBK
2288
DELISTED
Republic First Bancorp Inc
FRBK
| $4.08M | ﹤0.01% |
482,754
+3,242
| +0.7% | +$29.7K |
|
2289
Alpha and Omega Semiconductor
AOSL
$1.08B
| $4.07M | ﹤0.01% |
248,735
-21,765
| -8% | -$381K |
|
2290
Novartis
NVS
$290B
| $4.04M | ﹤0.01% |
53,758
-15,430
| -22% | -$1.16M |
|
|
VBTX
2291
DELISTED
Veritex Holdings
VBTX
| $4.04M | ﹤0.01% |
146,525
+10,921
| +8% | +$295K |
|
2292
BioCryst Pharmaceuticals
BCRX
$2.7B
| $4.02M | ﹤0.01% |
819,415
+71,665
| +10% | +$347K |
|
2293
West Bancorporation
WTBA
$500M
| $4.02M | ﹤0.01% |
159,904
-6,564
| -4% | -$166K |
|
2294
Marcus & Millichap
MMI
$1.17B
| $4.02M | ﹤0.01% |
123,257
-8,242
| -6% | -$245K |
|
2295
VSE Corp
VSEC
$6.78B
| $4.02M | ﹤0.01% |
82,994
+6,111
| +8% | +$313K |
|
|
CET
2296
Central Securities Corp
CET
$1.63B
| $4.01M | ﹤0.01% |
146,442
-14,358
| -9% | -$384K |
|
|
RDFN
2297
DELISTED
Redfin
RDFN
| $4M | ﹤0.01% |
127,850
+25,596
| +25% | +$621K |
|
2298
Sonic Automotive
SAH
$2.55B
| $4M | ﹤0.01% |
217,033
-544
| -0.3% | -$11.1K |
|
2299
Utah Medical Products
UTMD
$231M
| $4M | ﹤0.01% |
49,184
+3,849
| +8% | +$300K |
|
|
YELL
2300
DELISTED
Yellow Corporation Common Stock
YELL
| $3.98M | ﹤0.01% |
276,640
+2,613
| +1% | +$34.4K |
|
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.