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 | |
|---|---|---|---|---|---|---|
|
NVEE
2351
DELISTED
NV5 Global
NVEE
| $3.73M | ﹤0.01% |
275,684
+3,812
| +1% | +$51.7K |
|
|
SRDX
2352
DELISTED
Surmodics
SRDX
| $3.72M | ﹤0.01% |
132,965
-11,928
| -8% | -$364K |
|
|
CAI
2353
DELISTED
CAI International, Inc.
CAI
| $3.72M | ﹤0.01% |
131,234
-59
| -0% | -$1.95K |
|
|
TAST
2354
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $3.71M | ﹤0.01% |
305,569
+4,393
| +1% | +$52.2K |
|
|
PRTY
2355
DELISTED
Party City Holdco Inc.
PRTY
| $3.71M | ﹤0.01% |
266,190
+53,361
| +25% | +$657K |
|
2356
Chefs' Warehouse
CHEF
$4.57B
| $3.7M | ﹤0.01% |
180,730
+9,583
| +6% | +$191K |
|
|
CORR
2357
DELISTED
CorEnergy Infrastructure Trust, Inc.
CORR
| $3.7M | ﹤0.01% |
96,908
-4,758
| -5% | -$173K |
|
|
WMC
2358
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $3.7M | ﹤0.01% |
37,202
+2,052
| +6% | +$209K |
|
|
CIO
2359
DELISTED
City Office REIT
CIO
| $3.7M | ﹤0.01% |
284,212
+55,222
| +24% | +$724K |
|
|
OLP
2360
One Liberty Properties
OLP
$537M
| $3.68M | ﹤0.01% |
141,862
+800
| +0.6% | +$20.5K |
|
2361
Elbit Systems
ESLT
$36.5B
| $3.68M | ﹤0.01% |
27,585
+456
| +2% | +$65.3K |
|
2362
Haverty Furniture Companies
HVT
$450M
| $3.67M | ﹤0.01% |
161,868
+7,937
| +5% | +$191K |
|
2363
MarineMax
HZO
$1.15B
| $3.66M | ﹤0.01% |
193,815
-3,877
| -2% | -$74.7K |
|
2364
Hovnanian Enterprises
HOV
$799M
| $3.66M | ﹤0.01% |
43,736
+6,476
| +17% | +$401K |
|
|
ORC
2365
Orchid Island Capital
ORC
$1.32B
| $3.66M | ﹤0.01% |
78,846
+10,413
| +15% | +$512K |
|
2366
Novavax
NVAX
$1.34B
| $3.65M | ﹤0.01% |
147,286
+22,316
| +18% | +$544K |
|
2367
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.81B
| – | – |
0
| – | – |
|
2368
NVE Corp
NVEC
$563M
| $3.64M | ﹤0.01% |
42,383
-679
| -2% | -$57K |
|
|
EEX
2369
DELISTED
Emerald Holding
EEX
| $3.64M | ﹤0.01% |
178,907
+5,757
| +3% | +$127K |
|
2370
National CineMedia
NCMI
$252M
| $3.63M | ﹤0.01% |
52,959
-2,453
| -4% | -$163K |
|
2371
Farmers National Banc Corp
FMNB
$970M
| $3.63M | ﹤0.01% |
246,105
+2,939
| +1% | +$43.6K |
|
2372
Ribbon Communications
RBBN
$377M
| $3.63M | ﹤0.01% |
469,164
+35,539
| +8% | +$273K |
|
2373
Impinj
PI
$5.46B
| $3.62M | ﹤0.01% |
160,803
-7,994
| -5% | -$229K |
|
2374
Tactile Systems Technology
TCMD
$537M
| $3.61M | ﹤0.01% |
124,703
+8,777
| +8% | +$255K |
|
2375
Global Industrial
GIC
$1.49B
| $3.61M | ﹤0.01% |
108,527
-3,912
| -3% | -$115K |
|
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.