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 | |
|---|---|---|---|---|---|---|
2326
DXP Enterprises
DXPE
$3B
| $3.86M | ﹤0.01% |
130,569
+579
| +0.4% | +$16.9K |
|
|
ELGX
2327
DELISTED
Endologix Inc
ELGX
| $3.86M | ﹤0.01% |
72,149
+2,470
| +4% | +$130K |
|
2328
Biglari Holdings Class B
BH
$1.22B
| $3.85M | ﹤0.01% |
13,958
+194
| +1% | +$46.7K |
|
2329
Select Water Solutions
WTTR
$2.63B
| $3.85M | ﹤0.01% |
211,188
+39,589
| +23% | +$635K |
|
2330
Financial Institutions
FISI
$825M
| $3.83M | ﹤0.01% |
123,207
+1,191
| +1% | +$37.4K |
|
2331
Team
TISI
$101M
| $3.82M | ﹤0.01% |
25,667
+388
| +2% | +$51.7K |
|
2332
Tidewater
TDW
$4.55B
| $3.82M | ﹤0.01% |
+156,668
| New | +$4.1M |
|
2333
PennyMac Financial
PFSI
$4.13B
| $3.8M | ﹤0.01% |
169,891
+19,074
| +13% | +$376K |
|
2334
Sterling Infrastructure
STRL
$16.9B
| $3.79M | ﹤0.01% |
232,990
+13,943
| +6% | +$230K |
|
|
UCFC
2335
DELISTED
United Community Financial Corp
UCFC
| $3.79M | ﹤0.01% |
415,355
-215
| -0.1% | -$2.04K |
|
|
REGI
2336
DELISTED
Renewable Energy Group, Inc.
REGI
| $3.79M | ﹤0.01% |
321,318
+1,830
| +0.6% | +$21.1K |
|
2337
PC Connection
CNXN
$2.04B
| $3.79M | ﹤0.01% |
144,616
-17,193
| -11% | -$465K |
|
2338
TG Therapeutics
TGTX
$7.34B
| $3.79M | ﹤0.01% |
462,270
+8,699
| +2% | +$76K |
|
2339
BlackBerry
BB
$5.27B
| $3.79M | ﹤0.01% |
341,387
-312,214
| -48% | -$3.41M |
|
|
TPCO
2340
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $3.78M | ﹤0.01% |
215,001
+3,140
| +1% | +$50.9K |
|
|
BKMU
2341
DELISTED
Bank Mutual Corp
BKMU
| $3.78M | ﹤0.01% |
355,065
+2,690
| +0.8% | +$28.1K |
|
2342
Republic Bancorp
RBCAA
$1.92B
| $3.77M | ﹤0.01% |
99,168
+3,024
| +3% | +$122K |
|
2343
Icon
ICLR
$12.9B
| $3.77M | ﹤0.01% |
33,612
+1,073
| +3% | +$124K |
|
|
MGI
2344
DELISTED
MoneyGram International, Inc. New
MGI
| $3.77M | ﹤0.01% |
285,876
+7,739
| +3% | +$113K |
|
2345
Intellia Therapeutics
NTLA
$1.66B
| $3.77M | ﹤0.01% |
195,925
+58,411
| +42% | +$1.35M |
|
|
ABTX
2346
DELISTED
Allegiance Bancshares
ABTX
| $3.76M | ﹤0.01% |
99,816
+837
| +0.8% | +$32.3K |
|
|
WAIR
2347
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $3.75M | ﹤0.01% |
507,050
+29,768
| +6% | +$246K |
|
2348
Unisys
UIS
$210M
| $3.75M | ﹤0.01% |
460,308
+4,317
| +0.9% | +$35.4K |
|
|
ACBI
2349
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $3.74M | ﹤0.01% |
212,763
+2,646
| +1% | +$45.6K |
|
2350
Angi Inc
ANGI
$196M
| $3.74M | ﹤0.01% |
35,792
-133
| -0.4% | -$15.4K |
|
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.