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 | |
|---|---|---|---|---|---|---|
2651
Limoneira
LMNR
$235M
| $2.29M | ﹤0.01% |
96,305
+1,843
| +2% | +$39.7K |
|
|
VIA
2652
DELISTED
Viacom Inc. Class A
VIA
| $2.28M | ﹤0.01% |
57,674
-593
| -1% | -$22.6K |
|
|
BOJA
2653
DELISTED
Bojangles', Inc. Common Stock
BOJA
| $2.28M | ﹤0.01% |
164,592
-56,313
| -25% | -$724K |
|
2654
Digi International
DGII
$2.63B
| $2.27M | ﹤0.01% |
220,269
+4,181
| +2% | +$43.4K |
|
2655
eHealth
EHTH
$42.2M
| $2.27M | ﹤0.01% |
158,542
+11,930
| +8% | +$196K |
|
|
OLBK
2656
DELISTED
Old Line Bancshares, Inc.
OLBK
| $2.26M | ﹤0.01% |
68,405
+701
| +1% | +$22.2K |
|
|
GNC
2657
DELISTED
GNC Holdings, Inc.
GNC
| $2.25M | ﹤0.01% |
582,798
+5,563
| +1% | +$23.1K |
|
|
CRCM
2658
DELISTED
CARE.COM, INC.
CRCM
| $2.25M | ﹤0.01% |
138,220
-15,888
| -10% | -$291K |
|
2659
Goldgroup Mining Inc.
GORO
$157M
| $2.24M | ﹤0.01% |
497,380
+5,223
| +1% | +$23.5K |
|
|
VRN
2660
DELISTED
Veren
VRN
| $2.24M | ﹤0.01% |
+332,650
| New | +$2.52M |
|
|
ZOES
2661
DELISTED
Zoe's Kitchen, Inc.
ZOES
| $2.24M | ﹤0.01% |
154,946
+2,694
| +2% | +$40.5K |
|
2662
State Street SPDR S&P Dividend ETF
SDY
$21.7B
| – | – |
0
| – | – |
|
2663
NCS Multistage Holdings
NCSM
$123M
| $2.21M | ﹤0.01% |
7,354
+88
| +1% | +$28.8K |
|
|
SREV
2664
DELISTED
ServiceSource International, Inc.
SREV
| $2.21M | ﹤0.01% |
579,255
+31,368
| +6% | +$112K |
|
2665
Syndax Pharmaceuticals
SNDX
$1.69B
| $2.2M | ﹤0.01% |
154,556
+1,073
| +0.7% | +$11.4K |
|
|
ENZ
2666
DELISTED
Enzo Biochem, Inc.
ENZ
| $2.2M | ﹤0.01% |
400,938
+65,118
| +19% | +$459K |
|
2667
Rockwell Medical
RMTI
$28.4M
| $2.18M | ﹤0.01% |
3,806
+46
| +1% | +$29K |
|
2668
Gaia
GAIA
$46.8M
| $2.17M | ﹤0.01% |
140,025
+1,254
| +0.9% | +$16.5K |
|
|
JCAP
2669
DELISTED
Jernigan Capital, Inc.
JCAP
| $2.17M | ﹤0.01% |
119,863
+4,286
| +4% | +$76.4K |
|
|
CIVI
2670
DELISTED
Civitas Solutions, Inc.
CIVI
| $2.17M | ﹤0.01% |
140,824
+267
| +0.2% | +$4.06K |
|
|
GLDD
2671
DELISTED
Great Lakes Dredge & Dock
GLDD
| $2.17M | ﹤0.01% |
471,251
+10,410
| +2% | +$49.4K |
|
|
MLVF
2672
DELISTED
Malvern Bancorp, Inc.
MLVF
| $2.16M | ﹤0.01% |
83,257
+404
| +0.5% | +$9.92K |
|
2673
Barnes & Noble Education
BNED
$431M
| $2.16M | ﹤0.01% |
3,141
+182
| +6% | +$128K |
|
|
ITIC
2674
Investors Title Co
ITIC
$546M
| $2.16M | ﹤0.01% |
10,817
+109
| +1% | +$21.2K |
|
|
GRFS
2675
Grifois
GRFS
$5.36B
| $2.16M | ﹤0.01% |
101,860
+1,521
| +2% | +$34.6K |
|
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.