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 | |
|---|---|---|---|---|---|---|
2451
Natera
NTRA
$44.7B
| $3.17M | ﹤0.01% |
352,850
+13,708
| +4% | +$148K |
|
2452
Equity Bancshares
EQBK
$1.07B
| $3.17M | ﹤0.01% |
89,537
+15,534
| +21% | +$540K |
|
2453
American Coastal Insurance
ACIC
$461M
| $3.17M | ﹤0.01% |
183,711
-23,665
| -11% | -$384K |
|
|
AKAO
2454
DELISTED
Achaogen Inc
AKAO
| $3.17M | ﹤0.01% |
294,718
+1,106
| +0.4% | +$13.9K |
|
2455
Accuray
ARAY
$32.8M
| $3.16M | ﹤0.01% |
735,316
+10,569
| +1% | +$48.5K |
|
2456
BP
BP
$110B
| $3.16M | ﹤0.01% |
82,130
+6,349
| +8% | +$230K |
|
|
FARM
2457
DELISTED
Farmer Brothers
FARM
| $3.16M | ﹤0.01% |
98,185
+5,132
| +6% | +$169K |
|
|
ACFC
2458
DELISTED
Atlantic Coast Financial Corporation
ACFC
| $3.14M | ﹤0.01% |
+333,130
| New | +$3M |
|
2459
Celldex Therapeutics
CLDX
$3.36B
| $3.14M | ﹤0.01% |
73,716
+9,872
| +15% | +$423K |
|
|
PHH
2460
DELISTED
PHH Corporation
PHH
| $3.14M | ﹤0.01% |
304,903
-38,429
| -11% | -$467K |
|
|
WSCWW
2461
DELISTED
WillScot Corporation Warrant
WSCWW
| $3.14M | ﹤0.01% |
+2,180,189
| New | +$2.7M |
|
|
GDEN
2462
DELISTED
Golden Entertainment
GDEN
| $3.14M | ﹤0.01% |
96,137
+4,582
| +5% | +$136K |
|
|
TPIC
2463
DELISTED
TPI Composites
TPIC
| $3.13M | ﹤0.01% |
153,200
+2,210
| +1% | +$46.3K |
|
|
COWN
2464
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $3.11M | ﹤0.01% |
228,001
+1,414
| +0.6% | +$21.2K |
|
|
PHX
2465
DELISTED
PHX Minerals
PHX
| $3.1M | ﹤0.01% |
150,644
+1,257
| +0.8% | +$28.1K |
|
|
FNHC
2466
DELISTED
FedNat Holding Company Common Stock
FNHC
| $3.1M | ﹤0.01% |
186,834
-23,721
| -11% | -$351K |
|
|
TBRG
2467
DELISTED
TruBridge
TBRG
| $3.08M | ﹤0.01% |
102,563
+1,626
| +2% | +$48.4K |
|
|
DX
2468
Dynex Capital
DX
$3.23B
| $3.08M | ﹤0.01% |
146,504
+983
| +0.7% | +$21.1K |
|
2469
Carriage Services
CSV
$553M
| $3.07M | ﹤0.01% |
119,600
+107
| +0.1% | +$2.73K |
|
|
DFRG
2470
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $3.07M | ﹤0.01% |
201,317
+2,597
| +1% | +$36.9K |
|
|
TRHC
2471
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $3.06M | ﹤0.01% |
109,260
+13,574
| +14% | +$398K |
|
2472
Hingham Institution for Saving
HIFS
$687M
| $3.06M | ﹤0.01% |
14,786
-620
| -4% | -$125K |
|
|
WIN
2473
DELISTED
Windstream Holdings Inc
WIN
| $3.05M | ﹤0.01% |
329,829
-9,988
| -3% | -$102K |
|
2474
Huazhu Hotels Group
HTHT
$12.5B
| $3.05M | ﹤0.01% |
84,468
-2,096
| -2% | -$66.3K |
|
|
MRLN
2475
DELISTED
Marlin Business Services Corp
MRLN
| $3.04M | ﹤0.01% |
135,679
+7,776
| +6% | +$193K |
|
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.