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 | |
|---|---|---|---|---|---|---|
|
FSB
2401
DELISTED
Franklin Financial Network, Inc.
FSB
| $3.46M | ﹤0.01% |
101,563
+1,066
| +1% | +$36.4K |
|
2402
NRC Health Common Stock
NRC
$471M
| $3.46M | ﹤0.01% |
92,696
+3,191
| +4% | +$113K |
|
2403
American Public Education
APEI
$828M
| $3.45M | ﹤0.01% |
137,881
-2,972
| -2% | -$69.2K |
|
2404
Nice
NICE
$6.17B
| $3.45M | ﹤0.01% |
37,511
+288
| +0.8% | +$24.5K |
|
2405
Inovio Pharmaceuticals
INO
$93M
| $3.44M | ﹤0.01% |
69,469
+6,583
| +10% | +$408K |
|
|
OMN
2406
DELISTED
OMNOVA Solutions Inc.
OMN
| $3.44M | ﹤0.01% |
344,129
+30,465
| +10% | +$325K |
|
|
BPY
2407
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $3.44M | ﹤0.01% |
+155,252
| New | +$3.55M |
|
2408
McEwen Inc
MUX
$1.14B
| $3.44M | ﹤0.01% |
150,767
+5,389
| +4% | +$109K |
|
|
PCSB
2409
DELISTED
PCSB Financial Corporation
PCSB
| $3.44M | ﹤0.01% |
180,368
+1,377
| +0.8% | +$26.5K |
|
|
RCM
2410
DELISTED
R1 RCM Inc. Common Stock
RCM
| $3.43M | ﹤0.01% |
777,110
+8,276
| +1% | +$32.4K |
|
2411
Coherus Oncology
CHRS
$176M
| $3.42M | ﹤0.01% |
389,013
+9,621
| +3% | +$103K |
|
|
EGIO
2412
DELISTED
Edgio, Inc. Common Stock
EGIO
| $3.41M | ﹤0.01% |
19,348
+1,800
| +10% | +$355K |
|
|
TAHO
2413
DELISTED
Tahoe Resources Inc
TAHO
| $3.41M | ﹤0.01% |
711,214
-38,958
| -5% | -$183K |
|
|
HAYN
2414
DELISTED
Haynes International, Inc.
HAYN
| $3.41M | ﹤0.01% |
106,376
+268
| +0.3% | +$9.13K |
|
|
MODN
2415
DELISTED
MODEL N, INC.
MODN
| $3.4M | ﹤0.01% |
215,558
+2,539
| +1% | +$38.2K |
|
|
IHC
2416
DELISTED
Independence Holding Company
IHC
| $3.39M | ﹤0.01% |
123,662
+748
| +0.6% | +$20.8K |
|
2417
Bank of Marin Bancorp
BMRC
$462M
| $3.39M | ﹤0.01% |
99,776
+3,676
| +4% | +$127K |
|
2418
Arrow Financial
AROW
$723M
| $3.39M | ﹤0.01% |
119,164
-4,982
| -4% | -$147K |
|
2419
Omega Flex
OFLX
$291M
| $3.38M | ﹤0.01% |
47,401
+2,921
| +7% | +$194K |
|
2420
OFG Bancorp
OFG
$2.26B
| $3.38M | ﹤0.01% |
359,822
-25,730
| -7% | -$231K |
|
2421
A10 Networks
ATEN
$1.96B
| $3.38M | ﹤0.01% |
437,938
+57,109
| +15% | +$436K |
|
|
MRTX
2422
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $3.37M | ﹤0.01% |
184,406
+14,721
| +9% | +$228K |
|
2423
CRA International
CRAI
$1.07B
| $3.36M | ﹤0.01% |
74,846
-206
| -0.3% | -$9.03K |
|
|
XBKS
2424
DELISTED
Xenith Bankshares, Inc. Common Stock
XBKS
| $3.36M | ﹤0.01% |
99,335
+5,738
| +6% | +$190K |
|
|
CSBK
2425
DELISTED
Clifton Bancorp Inc.
CSBK
| $3.36M | ﹤0.01% |
196,348
+805
| +0.4% | +$13.7K |
|
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.