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 | |
|---|---|---|---|---|---|---|
2526
Goosehead Insurance
GSHD
$2.32B
| $2.85M | ﹤0.01% |
108,381
+12,734
| +13% | +$355K |
|
2527
Atlanta Braves Holdings Series A
BATRA
$3.43B
| $2.84M | ﹤0.01% |
113,966
+8,319
| +8% | +$211K |
|
2528
Covenant Logistics
CVLG
$872M
| $2.83M | ﹤0.01% |
295,440
+42,172
| +17% | +$494K |
|
2529
Reading International Class A
RDI
$34.3M
| $2.83M | ﹤0.01% |
194,919
+13,014
| +7% | +$195K |
|
|
DERM
2530
DELISTED
Dermira, Inc.
DERM
| $2.82M | ﹤0.01% |
392,484
+12,060
| +3% | +$132K |
|
2531
Ribbon Communications
RBBN
$383M
| $2.82M | ﹤0.01% |
584,309
+36,464
| +7% | +$211K |
|
|
CCRN
2532
DELISTED
Cross Country Healthcare
CCRN
| $2.81M | ﹤0.01% |
383,795
+23,444
| +7% | +$197K |
|
|
NXEOW
2533
DELISTED
Nexeo Solutions, Inc. Warrant
NXEOW
| $2.81M | ﹤0.01% |
7,027,611
+2,727,266
| +63% | +$1.91M |
|
2534
Aclaris Therapeutics
ACRS
$869M
| $2.81M | ﹤0.01% |
380,007
+105,361
| +38% | +$1.09M |
|
2535
Yeti Holdings
YETI
$3.95B
| $2.8M | ﹤0.01% |
+188,952
| New | +$3M |
|
2536
OrthoPediatrics
KIDS
$595M
| $2.8M | ﹤0.01% |
80,310
+27,429
| +52% | +$869K |
|
2537
Scorpio Tankers
STNG
$3.81B
| $2.8M | ﹤0.01% |
159,167
+73,049
| +85% | +$1.36M |
|
|
TPCO
2538
DELISTED
Tribune Publishing Company Common Stock
TPCO
| $2.79M | ﹤0.01% |
246,342
-931
| -0.4% | -$13.5K |
|
2539
Western New England Bancorp
WNEB
$275M
| $2.79M | ﹤0.01% |
277,552
+13,954
| +5% | +$138K |
|
2540
BRC Group Holdings
RILY
$289M
| $2.78M | ﹤0.01% |
195,917
+12,479
| +7% | +$229K |
|
2541
Clean Energy Fuels
CLNE
$346M
| $2.77M | ﹤0.01% |
1,609,843
+159,582
| +11% | +$353K |
|
2542
Primis Financial Corp
FRST
$404M
| $2.77M | ﹤0.01% |
209,283
+10,866
| +5% | +$164K |
|
2543
KRONOS Worldwide
KRO
$989M
| $2.76M | ﹤0.01% |
240,081
+11,864
| +5% | +$160K |
|
|
BPY
2544
DELISTED
Brookfield Property Partners L.P. Limited Partnership Units
BPY
| $2.76M | ﹤0.01% |
172,215
-3,815
| -2% | -$69.7K |
|
2545
Ameresco
AMRC
$1.36B
| $2.76M | ﹤0.01% |
195,727
+12,812
| +7% | +$181K |
|
2546
Verastem
VSTM
$610M
| $2.75M | ﹤0.01% |
68,147
+695
| +1% | +$42.4K |
|
2547
TotalEnergies
TTE
$190B
| $2.74M | ﹤0.01% |
4,813,611
+509,985
| +12% | +$319K |
|
2548
Greenlight Captial
GLRE
$506M
| $2.74M | ﹤0.01% |
317,804
+17,033
| +6% | +$186K |
|
|
PBIP
2549
DELISTED
Prudential Bancorp, Inc.
PBIP
| $2.74M | ﹤0.01% |
155,669
+2,361
| +2% | +$41.4K |
|
|
PHX
2550
DELISTED
PHX Minerals
PHX
| $2.73M | ﹤0.01% |
176,169
+8,042
| +5% | +$136K |
|
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.