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 |
Microsoft
MSFT
|
+$442M |
| 2 |
Amazon
AMZN
|
+$347M |
| 3 |
Apple
AAPL
|
+$276M |
| 4 |
Intel
INTC
|
+$246M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$231M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SNI
Scripps Networks Interactive, Inc Common Class A
SNI
|
+$90M |
| 2 |
BIVV
Bioverativ Inc. Common Stock
BIVV
|
+$52.3M |
| 3 |
CPN
Calpine Corporation
CPN
|
+$45.5M |
| 4 |
LVNTA
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
|
+$40.3M |
| 5 |
LNCE
Snyders-Lance, Inc.
LNCE
|
+$40M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.82% |
| 2 | Financials | 16.57% |
| 3 | Healthcare | 13.16% |
| 4 | Industrials | 10.29% |
| 5 | Consumer Discretionary | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Park-Ohio Holdings
PKOH
$590M
| $2.98M | ﹤0.01% |
76,724
+1,314
| +2% | +$56.2K |
|
2502
Lineage Cell Therapeutics
LCTX
$272M
| $2.98M | ﹤0.01% |
1,266,029
+6,613
| +0.5% | +$15.5K |
|
2503
Kinross Gold
KGC
$27.2B
| $2.97M | ﹤0.01% |
760,237
+69,986
| +10% | +$279K |
|
|
AXAS
2504
DELISTED
Abraxas Petroleum Corp
AXAS
| $2.97M | ﹤0.01% |
66,914
+1,024
| +2% | +$47.7K |
|
|
BKS
2505
DELISTED
Barnes & Noble
BKS
| $2.97M | ﹤0.01% |
599,464
+146,340
| +32% | +$732K |
|
|
ONC
2506
BeOne Medicines Ltd
ONC
$32.5B
| $2.96M | ﹤0.01% |
17,635
+245
| +1% | +$33.2K |
|
|
MOFG
2507
DELISTED
MidWestOne Financial Group
MOFG
| $2.96M | ﹤0.01% |
88,966
+1,342
| +2% | +$44.3K |
|
|
ZAGG
2508
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
| $2.96M | ﹤0.01% |
242,682
+3,381
| +1% | +$52.6K |
|
2509
Farmers & Merchants Bancorp
FMAO
$474M
| $2.96M | ﹤0.01% |
73,294
+1,233
| +2% | +$48.1K |
|
2510
Lifecore Biomedical
LFCR
$171M
| $2.96M | ﹤0.01% |
226,702
+2,038
| +0.9% | +$26.8K |
|
|
ACRE
2511
Ares Commercial Real Estate
ACRE
$232M
| $2.96M | ﹤0.01% |
239,422
+4,539
| +2% | +$57.1K |
|
|
FBNK
2512
DELISTED
First Connecticut Bancorp, Inc
FBNK
| $2.96M | ﹤0.01% |
115,452
+2,102
| +2% | +$54.8K |
|
|
PHX
2513
DELISTED
PHX Minerals
PHX
| $2.95M | ﹤0.01% |
152,970
+2,326
| +2% | +$46K |
|
|
DRRX
2514
DELISTED
DURECT Corp
DRRX
| $2.95M | ﹤0.01% |
137,791
+20,779
| +18% | +$290K |
|
|
ENFC
2515
DELISTED
Entegra Financial Corp.
ENFC
| $2.94M | ﹤0.01% |
101,339
+424
| +0.4% | +$12.1K |
|
2516
Primis Financial Corp
FRST
$403M
| $2.93M | ﹤0.01% |
184,905
+2,330
| +1% | +$37.4K |
|
|
SHOE
2517
Shoe Station Group
SHOE
$431M
| $2.92M | ﹤0.01% |
245,948
-18,502
| -7% | -$223K |
|
2518
Denali Therapeutics
DNLI
$3.69B
| $2.92M | ﹤0.01% |
+148,078
| New | +$3.04M |
|
2519
Vishay Precision Group
VPG
$1.21B
| $2.92M | ﹤0.01% |
93,592
+5,618
| +6% | +$160K |
|
|
GPX
2520
DELISTED
GP Strategies Corp.
GPX
| $2.91M | ﹤0.01% |
128,466
+11,172
| +10% | +$262K |
|
2521
TotalEnergies
TTE
$194B
| $2.89M | ﹤0.01% |
50,165
-2,729
| -5% | -$156K |
|
2522
VEON
VEON
$3.68B
| $2.89M | ﹤0.01% |
43,820
+9,752
| +29% | +$817K |
|
|
TSG
2523
DELISTED
The Stars Group Inc.
TSG
| $2.89M | ﹤0.01% |
104,679
+1,432
| +1% | +$37.5K |
|
2524
First Mid Bancshares
FMBH
$1.4B
| $2.88M | ﹤0.01% |
79,154
+1,796
| +2% | +$66.4K |
|
2525
Expro Ltd
XPRO
$1.78B
| $2.88M | ﹤0.01% |
88,507
+8,278
| +10% | +$320K |
|
Similar funds
Geode Capital Management's Q1 2018 Portfolio in Review
As of Q1 2018, Geode Capital Management held 4,157 positions worth $307B, up 4.2% from $294B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Geode Capital Management deployed $15.6B of net new capital in Q1 2018, opening 131 new positions and adding to 2,872 existing holdings. Its largest new stake was GCI Liberty, Inc. Class A Common Stock (DE): 899,850 shares worth $47.6M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 17% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Enbridge, an estimated $27.1M trimmed.
- Geode Capital Management's largest Q1 2018 buy was GCI Liberty, Inc. Class A Common Stock (DE): 899,850 shares worth $47.6M.
- Geode Capital Management added most to Microsoft in Q1 2018, an estimated $442M increase.
- Geode Capital Management's biggest Q1 2018 reduction was Enbridge, cutting an estimated $27.1M.
- Geode Capital Management fully exited Scripps Networks Interactive, Inc Common Class A in Q1 2018, selling an estimated $90M.
- Geode Capital Management's ten largest holdings make up 17% of its $307B portfolio in Q1 2018.
- Geode Capital Management opened 131 new positions and closed 108 in Q1 2018.
- Geode Capital Management's portfolio value rose 4.2% quarter-over-quarter to $307B.
Based on Geode Capital Management's 13F filing for Q1 2018, filed 15 May 2018.