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 |
Linde
LIN
|
+$1.01B |
| 2 |
Microsoft
MSFT
|
+$761M |
| 3 |
Apple
AAPL
|
+$685M |
| 4 |
Amazon
AMZN
|
+$507M |
| 5 |
Cigna
CI
|
+$391M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AET
Aetna Inc
AET
|
+$741M |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
+$651M |
| 3 |
PX
Praxair Inc
PX
|
+$555M |
| 4 |
COL
Rockwell Collins
COL
|
+$293M |
| 5 |
CA
CA, Inc.
CA
|
+$178M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 17.64% |
| 2 | Financials | 15.19% |
| 3 | Healthcare | 14.85% |
| 4 | Consumer Discretionary | 10.09% |
| 5 | Industrials | 9.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
SFL Corp
SFL
$1.61B
| $2.97M | ﹤0.01% |
282,310
+32,146
| +13% | +$403K |
|
|
BRT
2502
BRT Apartments
BRT
$271M
| $2.97M | ﹤0.01% |
259,746
+5,749
| +2% | +$65.9K |
|
|
AMRN
2503
Amarin Corp
AMRN
$303M
| $2.97M | ﹤0.01% |
10,901
-3,299
| -23% | -$1.2M |
|
2504
Flexsteel Industries
FLXS
$311M
| $2.96M | ﹤0.01% |
134,187
+6,527
| +5% | +$166K |
|
|
STML
2505
DELISTED
Stemline Therapeutics, Inc.
STML
| $2.96M | ﹤0.01% |
311,327
+30,324
| +11% | +$393K |
|
2506
State Street SPDR S&P Dividend ETF
SDY
$23.9B
| – | – |
0
| – | – |
|
2507
Park-Ohio Holdings
PKOH
$761M
| $2.95M | ﹤0.01% |
96,102
+8,717
| +10% | +$304K |
|
|
GNTY
2508
DELISTED
Guaranty Bancshares
GNTY
| $2.95M | ﹤0.01% |
108,715
+4,433
| +4% | +$120K |
|
2509
Altisource Portfolio Solutions
ASPS
$65.8M
| $2.94M | ﹤0.01% |
16,364
+995
| +6% | +$200K |
|
|
EGIO
2510
DELISTED
Edgio, Inc. Common Stock
EGIO
| $2.94M | ﹤0.01% |
31,378
+1,678
| +6% | +$246K |
|
|
BCOV
2511
DELISTED
Brightcove, Inc.
BCOV
| $2.93M | ﹤0.01% |
415,943
+33,707
| +9% | +$253K |
|
2512
V2X
VVX
$2.65B
| $2.92M | ﹤0.01% |
135,480
-6,975
| -5% | -$178K |
|
|
FSD
2513
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $2.92M | ﹤0.01% |
220,076
-45,439
| -17% | -$632K |
|
|
GSKY
2514
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $2.91M | ﹤0.01% |
304,208
-3,861
| -1% | -$45K |
|
|
HPR
2515
DELISTED
HighPoint Resources Corporation
HPR
| $2.91M | ﹤0.01% |
23,363
+3,105
| +15% | +$573K |
|
|
DNI
2516
DELISTED
Dividend and Income Fund
DNI
| $2.9M | ﹤0.01% |
304,843
+85,792
| +39% | +$934K |
|
|
XXII
2517
22nd Century Group
XXII
$1.48M
| – | – |
0
| – | – |
|
2518
Alaunos Therapeutics
TCRT
$4.86M
| $2.9M | ﹤0.01% |
10,347
+968
| +10% | +$383K |
|
|
BZUN
2519
Baozun
BZUN
$172M
| $2.9M | ﹤0.01% |
99,776
+1,722
| +2% | +$63.5K |
|
2520
Preformed Line Products
PLPC
$2.28B
| $2.89M | ﹤0.01% |
53,354
+6,425
| +14% | +$417K |
|
|
GNMK
2521
DELISTED
GenMark Diagnostics, Inc
GNMK
| $2.89M | ﹤0.01% |
594,807
+29,902
| +5% | +$156K |
|
|
CETV
2522
DELISTED
Central European Media Enterprises Ltd
CETV
| $2.89M | ﹤0.01% |
1,039,354
+136,662
| +15% | +$450K |
|
2523
Byline Bancorp
BY
$1.76B
| $2.87M | ﹤0.01% |
172,240
+9,427
| +6% | +$190K |
|
|
ELOX
2524
DELISTED
Eloxx Pharmaceuticals, Inc. Common Stock
ELOX
| $2.86M | ﹤0.01% |
5,950
+541
| +10% | +$298K |
|
2525
Agilysys
AGYS
$3.06B
| $2.85M | ﹤0.01% |
198,894
+14,530
| +8% | +$228K |
|
Similar funds
Geode Capital Management's Q4 2018 Portfolio in Review
As of Q4 2018, Geode Capital Management held 4,266 positions worth $323B, down 8.8% from $355B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Geode Capital Management deployed $21.9B of net new capital in Q4 2018, opening 149 new positions and adding to 3,108 existing holdings. Its largest new stake was Linde: 6,406,340 shares worth $998M.
By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 19% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Dell, an estimated $92.5M trimmed.
- Geode Capital Management's largest Q4 2018 buy was Linde: 6,406,340 shares worth $998M.
- Geode Capital Management added most to Microsoft in Q4 2018, an estimated $761M increase.
- Geode Capital Management's biggest Q4 2018 reduction was Dell, cutting an estimated $92.5M.
- Geode Capital Management fully exited Aetna Inc in Q4 2018, selling an estimated $741M.
- Geode Capital Management's ten largest holdings make up 17% of its $323B portfolio in Q4 2018.
- Geode Capital Management opened 149 new positions and closed 120 in Q4 2018.
- Geode Capital Management's portfolio value fell 8.8% quarter-over-quarter to $323B.
Based on Geode Capital Management's 13F filing for Q4 2018, filed 13 Feb 2019.