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 | |
|---|---|---|---|---|---|---|
|
IVC
2351
DELISTED
Invacare Corporation
IVC
| $4.83M | ﹤0.01% |
331,939
+30,063
| +10% | +$498K |
|
|
TSG
2352
DELISTED
The Stars Group Inc.
TSG
| $4.82M | ﹤0.01% |
194,113
+82,324
| +74% | +$2.5M |
|
|
BRSL
2353
Brightstar Lottery PLC
BRSL
$2.23B
| $4.82M | ﹤0.01% |
243,993
+1,192
| +0.5% | +$26K |
|
2354
SoundThinking
SSTI
$109M
| $4.8M | ﹤0.01% |
78,286
+30,891
| +65% | +$1.5M |
|
2355
Motorcar Parts of America
MPAA
$236M
| $4.79M | ﹤0.01% |
204,329
+15,969
| +8% | +$372K |
|
2356
Westwood Holdings Group
WHG
$185M
| $4.79M | ﹤0.01% |
92,622
+9,039
| +11% | +$518K |
|
|
ACR
2357
ACRES Commercial Realty
ACR
$101M
| $4.77M | ﹤0.01% |
144,776
+49,553
| +52% | +$1.66M |
|
2358
Ambarella
AMBA
$3.66B
| $4.75M | ﹤0.01% |
122,701
+13,613
| +12% | +$527K |
|
|
BZUN
2359
Baozun
BZUN
$166M
| $4.74M | ﹤0.01% |
98,054
+71,935
| +275% | +$3.89M |
|
2360
GDS Holdings
GDS
$6.82B
| $4.73M | ﹤0.01% |
135,581
+11,319
| +9% | +$407K |
|
2361
American Vanguard Corp
AVD
$64.9M
| $4.73M | ﹤0.01% |
262,853
+14,439
| +6% | +$300K |
|
2362
Artesian Resources
ARTNA
$365M
| $4.72M | ﹤0.01% |
128,257
+2,703
| +2% | +$101K |
|
|
CHUY
2363
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $4.71M | ﹤0.01% |
179,630
+7,138
| +4% | +$211K |
|
|
CDR
2364
DELISTED
Cedar Realty Trust, Inc
CDR
| $4.69M | ﹤0.01% |
152,488
+16,674
| +12% | +$512K |
|
2365
Arrow Financial
AROW
$737M
| $4.69M | ﹤0.01% |
146,901
+9,058
| +7% | +$294K |
|
|
CHMI
2366
Cherry Hill Mortgage Investment Corp
CHMI
$108M
| $4.67M | ﹤0.01% |
258,246
-3,750
| -1% | -$68.8K |
|
|
KIN
2367
DELISTED
Kindred Biosciences, Inc.
KIN
| $4.67M | ﹤0.01% |
334,411
+52,685
| +19% | +$713K |
|
|
STML
2368
DELISTED
Stemline Therapeutics, Inc.
STML
| $4.66M | ﹤0.01% |
281,003
+12,217
| +5% | +$196K |
|
2369
Larimar Therapeutics
LRMR
$450M
| $4.66M | ﹤0.01% |
33,229
+16,517
| +99% | +$2M |
|
2370
Impinj
PI
$5.48B
| $4.63M | ﹤0.01% |
186,383
+11,073
| +6% | +$244K |
|
|
AMRN
2371
Amarin Corp
AMRN
$300M
| $4.62M | ﹤0.01% |
14,200
+175
| +1% | +$13.2K |
|
|
BHR
2372
Braemar Hotels & Resorts
BHR
$140M
| $4.62M | ﹤0.01% |
396,137
+22,373
| +6% | +$251K |
|
|
PETQ
2373
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $4.61M | ﹤0.01% |
117,379
+33,632
| +40% | +$1.12M |
|
2374
Sonic Automotive
SAH
$2.56B
| $4.6M | ﹤0.01% |
237,977
+22,312
| +10% | +$461K |
|
|
FSB
2375
DELISTED
Franklin Financial Network, Inc.
FSB
| $4.59M | ﹤0.01% |
117,453
+4,245
| +4% | +$164K |
|
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.