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 | |
|---|---|---|---|---|---|---|
2426
Turning Point Brands
TPB
$1.73B
| $4.24M | ﹤0.01% |
102,373
+10,634
| +12% | +$374K |
|
|
ONIT
2427
Onity Group
ONIT
$321M
| $4.24M | ﹤0.01% |
71,762
+4,553
| +7% | +$282K |
|
|
OMN
2428
DELISTED
OMNOVA Solutions Inc.
OMN
| $4.24M | ﹤0.01% |
430,554
+21,369
| +5% | +$204K |
|
2429
West Bancorporation
WTBA
$503M
| $4.22M | ﹤0.01% |
179,813
+8,514
| +5% | +$209K |
|
|
MODN
2430
DELISTED
MODEL N, INC.
MODN
| $4.22M | ﹤0.01% |
266,198
+9,839
| +4% | +$172K |
|
2431
Collegium Pharmaceutical
COLL
$834M
| $4.22M | ﹤0.01% |
286,148
+59,743
| +26% | +$1.06M |
|
|
KEYW
2432
DELISTED
The KEYW Holding Corporation
KEYW
| $4.2M | ﹤0.01% |
484,885
+17,802
| +4% | +$152K |
|
2433
CRA International
CRAI
$1.06B
| $4.17M | ﹤0.01% |
83,026
+3,124
| +4% | +$170K |
|
2434
Merchants Bancorp
MBIN
$2.52B
| $4.16M | ﹤0.01% |
245,598
+77,608
| +46% | +$1.39M |
|
2435
BRC Group Holdings
RILY
$304M
| $4.15M | ﹤0.01% |
183,438
+7,535
| +4% | +$168K |
|
2436
Farmers National Banc Corp
FMNB
$957M
| $4.15M | ﹤0.01% |
271,449
+8,529
| +3% | +$136K |
|
|
GNMK
2437
DELISTED
GenMark Diagnostics, Inc
GNMK
| $4.15M | ﹤0.01% |
564,905
+31,402
| +6% | +$230K |
|
|
AABA
2438
DELISTED
Altaba Inc
AABA
| $4.15M | ﹤0.01% |
60,929
+5,460
| +10% | +$385K |
|
|
DERM
2439
DELISTED
Dermira, Inc.
DERM
| $4.15M | ﹤0.01% |
380,424
+35,552
| +10% | +$359K |
|
|
KDNY
2440
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $4.14M | ﹤0.01% |
112,790
+12,525
| +12% | +$402K |
|
2441
Ducommun
DCO
$3.04B
| $4.13M | ﹤0.01% |
101,260
+4,008
| +4% | +$150K |
|
2442
Hawkins
HWKN
$2.7B
| $4.13M | ﹤0.01% |
199,324
+9,532
| +5% | +$188K |
|
2443
Hurco Companies Inc
HURC
$144M
| $4.12M | ﹤0.01% |
91,357
+3,666
| +4% | +$161K |
|
|
WCN
2444
Waste Connections
WCN
$41.6B
| $4.12M | ﹤0.01% |
53,487
+5,291
| +11% | +$415K |
|
|
RST
2445
DELISTED
ROSETTA STONE INC
RST
| $4.12M | ﹤0.01% |
206,982
+51,507
| +33% | +$837K |
|
|
LL
2446
DELISTED
LL Flooring Holdings, Inc.
LL
| $4.11M | ﹤0.01% |
265,423
+9,774
| +4% | +$197K |
|
|
SGYP
2447
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $4.11M | ﹤0.01% |
2,417,091
+95,100
| +4% | +$170K |
|
|
PCSB
2448
DELISTED
PCSB Financial Corporation
PCSB
| $4.11M | ﹤0.01% |
201,851
+7,860
| +4% | +$158K |
|
|
EEX
2449
DELISTED
Emerald Holding
EEX
| $4.1M | ﹤0.01% |
249,052
+7,954
| +3% | +$138K |
|
2450
CAE Inc. Common Shares
CAE
$8.9B
| $4.1M | ﹤0.01% |
203,972
+20,270
| +11% | +$415K |
|
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.