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 | |
|---|---|---|---|---|---|---|
2601
Colliers International
CIGI
$5.04B
| $2.52M | ﹤0.01% |
36,350
+6,738
| +23% | +$426K |
|
2602
Natural Gas Services Group
NGS
$472M
| $2.52M | ﹤0.01% |
105,775
+1,708
| +2% | +$45.6K |
|
2603
Western New England Bancorp
WNEB
$259M
| $2.52M | ﹤0.01% |
236,735
+4,453
| +2% | +$47.1K |
|
2604
Franklin Covey
FC
$242M
| $2.51M | ﹤0.01% |
93,433
+575
| +0.6% | +$15.7K |
|
|
DFBHU
2605
DELISTED
DFB Healthcare Acquisitions Corp. Unit
DFBHU
| $2.51M | ﹤0.01% |
+250,000
| New | +$2.52M |
|
|
PBPB
2606
DELISTED
Potbelly
PBPB
| $2.51M | ﹤0.01% |
208,433
+4,435
| +2% | +$55.8K |
|
|
YELL
2607
DELISTED
Yellow Corporation Common Stock
YELL
| $2.5M | ﹤0.01% |
282,657
+6,017
| +2% | +$71.2K |
|
|
SBT
2608
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $2.49M | ﹤0.01% |
+184,422
| New | +$2.48M |
|
|
ACET
2609
DELISTED
Aceto Corp
ACET
| $2.49M | ﹤0.01% |
327,606
+57,770
| +21% | +$505K |
|
|
WHLRD
2610
Wheeler Real Estate Investment Trust Series D Preferred Stock
WHLRD
| – | – |
0
| – | – |
|
2611
Winmark
WINA
$1.2B
| $2.48M | ﹤0.01% |
18,928
+334
| +2% | +$44.2K |
|
2612
British American Tobacco
BTI
$131B
| $2.47M | ﹤0.01% |
45,040
-1,945
| -4% | -$122K |
|
|
JOBS
2613
DELISTED
51job Inc
JOBS
| $2.46M | ﹤0.01% |
28,599
-3,949
| -12% | -$285K |
|
2614
AXT Inc
AXTI
$3.95B
| $2.45M | ﹤0.01% |
337,752
+3,338
| +1% | +$27.1K |
|
|
BRT
2615
BRT Apartments
BRT
$281M
| $2.45M | ﹤0.01% |
208,311
| – | – |
|
|
YARW
2616
Yarrow Bioscience, Inc. Common Stock
YARW
$23.4M
| $2.44M | ﹤0.01% |
+18
| New | +$2.19M |
|
|
QTNA
2617
DELISTED
Quantenna Communications, Inc. Common Stock
QTNA
| $2.44M | ﹤0.01% |
177,800
+2,384
| +1% | +$33.1K |
|
|
CTO
2618
CTO Realty Growth
CTO
$824M
| $2.42M | ﹤0.01% |
142,033
+2,376
| +2% | +$42K |
|
2619
Ribbon Communications
RBBN
$377M
| $2.42M | ﹤0.01% |
474,651
+5,487
| +1% | +$35.5K |
|
2620
Culp Inc
CULP
$44.1M
| $2.4M | ﹤0.01% |
78,564
+2,558
| +3% | +$78K |
|
2621
Galicia Financial Group
GGAL
$7.99B
| $2.4M | ﹤0.01% |
36,450
-1,957
| -5% | -$128K |
|
2622
WIX.com
WIX
$2.3B
| $2.4M | ﹤0.01% |
30,118
+1,324
| +5% | +$92.9K |
|
2623
Adams Diversified Equity Fund
ADX
$3.13B
| $2.39M | ﹤0.01% |
162,032
-221,922
| -58% | -$3.41M |
|
|
BFIN
2624
DELISTED
BankFinancial
BFIN
| $2.39M | ﹤0.01% |
141,039
+2,557
| +2% | +$40.9K |
|
2625
IMAX
IMAX
$2.62B
| $2.39M | ﹤0.01% |
124,653
+9,023
| +8% | +$188K |
|
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.