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 | |
|---|---|---|---|---|---|---|
|
BFX
2401
DELISTED
BowFlex Inc.
BFX
| $4.42M | ﹤0.01% |
316,978
+2,002
| +0.6% | +$28.8K |
|
2402
Universal Logistics Holdings
ULH
$518M
| $4.42M | ﹤0.01% |
120,131
+6,863
| +6% | +$228K |
|
2403
York Water
YORW
$528M
| $4.42M | ﹤0.01% |
145,424
+6,082
| +4% | +$187K |
|
2404
Voyager Therapeutics
VYGR
$197M
| $4.42M | ﹤0.01% |
233,376
+152
| +0.1% | +$2.92K |
|
|
REVG
2405
DELISTED
REV Group
REVG
| $4.41M | ﹤0.01% |
281,119
+10,837
| +4% | +$177K |
|
2406
Mammoth Energy Services
TUSK
$158M
| $4.41M | ﹤0.01% |
151,603
+15,174
| +11% | +$500K |
|
|
ACBI
2407
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $4.41M | ﹤0.01% |
263,195
+6,165
| +2% | +$114K |
|
|
NXEOW
2408
DELISTED
Nexeo Solutions, Inc. Warrant
NXEOW
| $4.39M | ﹤0.01% |
4,300,345
-475,527
| -10% | -$326K |
|
2409
BP
BP
$111B
| $4.36M | ﹤0.01% |
99,180
+5,864
| +6% | +$245K |
|
|
ADMS
2410
DELISTED
Adamas Pharmaceuticals
ADMS
| $4.36M | ﹤0.01% |
217,998
+19,104
| +10% | +$449K |
|
|
SRNE
2411
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $4.36M | ﹤0.01% |
990,620
+218,302
| +28% | +$1.21M |
|
|
CIO
2412
DELISTED
City Office REIT
CIO
| $4.34M | ﹤0.01% |
344,362
+19,548
| +6% | +$249K |
|
|
TACO
2413
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $4.34M | ﹤0.01% |
367,840
+11,730
| +3% | +$153K |
|
|
OLBK
2414
DELISTED
Old Line Bancshares, Inc.
OLBK
| $4.34M | ﹤0.01% |
137,091
+7,878
| +6% | +$270K |
|
2415
AdaptHealth
AHCO
$770M
| $4.32M | ﹤0.01% |
449,999
+200,000
| +80% | +$1.94M |
|
|
AFI
2416
DELISTED
Armstrong Flooring, Inc.
AFI
| $4.32M | ﹤0.01% |
238,720
+6,606
| +3% | +$107K |
|
|
ZAGG
2417
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $4.32M | ﹤0.01% |
292,582
+26,013
| +10% | +$414K |
|
2418
Abeona Therapeutics
ABEO
$425M
| $4.28M | ﹤0.01% |
13,375
+1,131
| +9% | +$401K |
|
|
PERY
2419
DELISTED
Perry Ellis International Inc
PERY
| $4.28M | ﹤0.01% |
156,663
+24,846
| +19% | +$695K |
|
|
FBNK
2420
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $4.27M | ﹤0.01% |
144,555
+9,791
| +7% | +$305K |
|
2421
TechTarget
TTGT
$265M
| $4.26M | ﹤0.01% |
219,695
+10,325
| +5% | +$266K |
|
2422
Vishay Precision Group
VPG
$934M
| $4.26M | ﹤0.01% |
113,886
+7,791
| +7% | +$317K |
|
2423
Bar Harbor Bankshares
BHB
$677M
| $4.25M | ﹤0.01% |
148,010
+3,962
| +3% | +$117K |
|
|
WMC
2424
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $4.25M | ﹤0.01% |
42,393
+1,973
| +5% | +$214K |
|
2425
REX American Resources
REX
$1.44B
| $4.24M | ﹤0.01% |
337,086
+26,796
| +9% | +$341K |
|
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.