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 | |
|---|---|---|---|---|---|---|
|
IHC
2576
DELISTED
Independence Holding Company
IHC
| $2.61M | ﹤0.01% |
74,258
+1,864
| +3% | +$69K |
|
|
FTSI
2577
DELISTED
FTS International, Inc. Common Stock
FTSI
| $2.61M | ﹤0.01% |
18,359
+5,087
| +38% | +$1.07M |
|
2578
Tucows
TCX
$175M
| $2.61M | ﹤0.01% |
43,426
+4,757
| +12% | +$266K |
|
|
LKSD
2579
DELISTED
LSC Communications, Inc.
LKSD
| $2.61M | ﹤0.01% |
372,561
-184,093
| -33% | -$1.67M |
|
2580
BrightView Holdings
BV
$1.07B
| $2.6M | ﹤0.01% |
255,083
+54,713
| +27% | +$703K |
|
|
CNCE
2581
DELISTED
Concert Pharmaceuticals, Inc.
CNCE
| $2.6M | ﹤0.01% |
207,397
-19,367
| -9% | -$267K |
|
2582
Energy Recovery
ERII
$443M
| $2.6M | ﹤0.01% |
386,026
+21,560
| +6% | +$170K |
|
|
BLMT
2583
DELISTED
BSB Bancorp, Inc.
BLMT
| $2.59M | ﹤0.01% |
92,297
+22,473
| +32% | +$669K |
|
|
SMAR
2584
DELISTED
Smartsheet Inc.
SMAR
| $2.59M | ﹤0.01% |
104,097
+1,523
| +1% | +$37.9K |
|
2585
nLIGHT
LASR
$3.17B
| $2.58M | ﹤0.01% |
145,412
+59,338
| +69% | +$1.12M |
|
2586
Village Super Market
VLGEA
$639M
| $2.58M | ﹤0.01% |
96,520
+5,062
| +6% | +$132K |
|
2587
Tilly's
TLYS
$128M
| $2.58M | ﹤0.01% |
237,264
-684
| -0.3% | -$10.2K |
|
2588
Mistras Group
MG
$512M
| $2.57M | ﹤0.01% |
178,817
+14,334
| +9% | +$252K |
|
|
DFRG
2589
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $2.57M | ﹤0.01% |
359,688
+19,290
| +6% | +$137K |
|
2590
Regional Management Corp
RM
$303M
| $2.57M | ﹤0.01% |
106,850
+19,106
| +22% | +$519K |
|
|
HK
2591
DELISTED
Halcon Resources Corporation
HK
| $2.56M | ﹤0.01% |
1,506,581
+72,010
| +5% | +$225K |
|
2592
PAR Technology
PAR
$735M
| $2.56M | ﹤0.01% |
117,673
+19,163
| +19% | +$370K |
|
2593
SoundThinking
SSTI
$103M
| $2.56M | ﹤0.01% |
82,098
+3,812
| +5% | +$142K |
|
2594
Infosys
INFY
$50.7B
| $2.55M | ﹤0.01% |
274,041
-127,509
| -32% | -$1.22M |
|
2595
Simulations Plus
SLP
$371M
| $2.55M | ﹤0.01% |
128,181
+7,794
| +6% | +$154K |
|
|
TYME
2596
DELISTED
Tyme Technologies, Inc. Common Stock
TYME
| $2.54M | ﹤0.01% |
689,612
+499,627
| +263% | +$1.4M |
|
|
USWSW
2597
DELISTED
U.S. Well Services, Inc. Warrants
USWSW
| $2.54M | ﹤0.01% |
+4,238,700
| New | +$2.67M |
|
2598
PDF Solutions
PDFS
$2.07B
| $2.54M | ﹤0.01% |
301,639
-1,837
| -0.6% | -$15.6K |
|
2599
Arq
ARQ
$89.3M
| $2.53M | ﹤0.01% |
239,909
+7,865
| +3% | +$81.5K |
|
|
AGEN
2600
Agenus
AGEN
$290M
| $2.53M | ﹤0.01% |
54,119
+13,751
| +34% | +$574K |
|
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.