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 | |
|---|---|---|---|---|---|---|
|
PGEM
2426
DELISTED
Ply Gem Holdings, Inc.
PGEM
| $3.35M | ﹤0.01% |
181,072
+1,864
| +1% | +$32.4K |
|
2427
Cerus
CERS
$572M
| $3.35M | ﹤0.01% |
990,324
+76,592
| +8% | +$259K |
|
|
TTSH
2428
DELISTED
Tile Shop Holdings
TTSH
| $3.35M | ﹤0.01% |
348,738
+29,338
| +9% | +$259K |
|
2429
Mistras Group
MG
$584M
| $3.34M | ﹤0.01% |
142,514
+2,098
| +1% | +$45.7K |
|
2430
Old Second Bancorp
OSBC
$1.31B
| $3.29M | ﹤0.01% |
241,253
+1,934
| +0.8% | +$25.7K |
|
2431
Bar Harbor Bankshares
BHB
$681M
| $3.28M | ﹤0.01% |
121,540
+856
| +0.7% | +$25.3K |
|
2432
Hurco Companies Inc
HURC
$143M
| $3.27M | ﹤0.01% |
77,586
+2,048
| +3% | +$89K |
|
2433
VEON
VEON
$3.93B
| $3.27M | ﹤0.01% |
34,068
+90
| +0.3% | +$8.8K |
|
2434
Energous
WATT
$82M
| $3.26M | ﹤0.01% |
279
+26
| +10% | +$164K |
|
2435
Logitech
LOGI
$15B
| $3.25M | ﹤0.01% |
96,673
-3,947
| -4% | -$138K |
|
2436
1-800-Flowers.com
FLWS
$261M
| $3.25M | ﹤0.01% |
303,879
+48,080
| +19% | +$480K |
|
2437
Option Care Health
OPCH
$3.61B
| $3.24M | ﹤0.01% |
278,570
+4,101
| +1% | +$41.4K |
|
|
AXAS
2438
DELISTED
Abraxas Petroleum Corp
AXAS
| $3.24M | ﹤0.01% |
65,890
+903
| +1% | +$37.5K |
|
|
RETA
2439
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $3.23M | ﹤0.01% |
114,148
+18,142
| +19% | +$506K |
|
|
ARII
2440
DELISTED
American Railcar Industries, Inc.
ARII
| $3.23M | ﹤0.01% |
77,649
+1,118
| +1% | +$44.1K |
|
|
SN
2441
DELISTED
Sanchez Energy Corporation
SN
| $3.23M | ﹤0.01% |
608,621
+19,733
| +3% | +$93.3K |
|
|
BETR
2442
DELISTED
Amplify Snack Brands, Inc.
BETR
| $3.21M | ﹤0.01% |
267,607
+4,270
| +2% | +$30.7K |
|
|
SEI
2443
Solaris Energy Infrastructure
SEI
$3.94B
| $3.2M | ﹤0.01% |
149,694
+39,610
| +36% | +$671K |
|
2444
Expro Ltd
XPRO
$2.1B
| $3.2M | ﹤0.01% |
80,229
+10,347
| +15% | +$412K |
|
|
CETV
2445
DELISTED
Central European Media Enterprises Ltd
CETV
| $3.19M | ﹤0.01% |
687,106
+6,373
| +0.9% | +$29.2K |
|
2446
Caesarstone
CSTE
$105M
| $3.19M | ﹤0.01% |
144,801
+48,953
| +51% | +$1.26M |
|
2447
Invesco Pennsylvania Value Municipal Income Trust
VPV
$202M
| $3.18M | ﹤0.01% |
261,982
+88,425
| +51% | +$1.07M |
|
2448
CNB Financial Corp
CCNE
$1.04B
| $3.17M | ﹤0.01% |
120,955
+890
| +0.7% | +$24.9K |
|
|
APLS
2449
DELISTED
Apellis Pharmaceuticals
APLS
| $3.17M | ﹤0.01% |
+146,195
| New | +$2.15M |
|
2450
Global Indemnity Group
GBLI
$413M
| $3.17M | ﹤0.01% |
75,503
+745
| +1% | +$31.7K |
|
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.