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 | |
|---|---|---|---|---|---|---|
|
CPRX
2701
DELISTED
Catalyst Pharmaceutical
CPRX
| $2.04M | ﹤0.01% |
855,848
+109,837
| +15% | +$365K |
|
2702
Tower Semiconductor
TSEM
$24.8B
| $2.04M | ﹤0.01% |
75,978
+10,714
| +16% | +$341K |
|
|
ONDK
2703
DELISTED
On Deck Capital, Inc.
ONDK
| $2.04M | ﹤0.01% |
365,706
-6,639
| -2% | -$33.7K |
|
2704
Forestar Group
FOR
$1.44B
| $2.04M | ﹤0.01% |
96,413
-13,361
| -12% | -$310K |
|
2705
Neurogene
NGNE
$656M
| $2.03M | ﹤0.01% |
7,220
+1,166
| +19% | +$322K |
|
2706
Mitek Systems
MITK
$754M
| $2.03M | ﹤0.01% |
274,516
+6,265
| +2% | +$51K |
|
2707
Home Bancorp
HBCP
$561M
| $2.03M | ﹤0.01% |
46,965
+2,055
| +5% | +$86.6K |
|
2708
Commercial Vehicle Group
CVGI
$154M
| $2.02M | ﹤0.01% |
261,339
+1,890
| +0.7% | +$20.1K |
|
|
CNBKA
2709
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $2.02M | ﹤0.01% |
25,482
+64
| +0.3% | +$5.01K |
|
2710
FirstService
FSV
$6.48B
| $2.02M | ﹤0.01% |
27,593
+3,020
| +12% | +$209K |
|
|
TTSH
2711
DELISTED
Tile Shop Holdings
TTSH
| $2.01M | ﹤0.01% |
335,638
-13,100
| -4% | -$101K |
|
2712
Tilly's
TLYS
$116M
| $2.01M | ﹤0.01% |
177,952
+29,654
| +20% | +$400K |
|
2713
Northrim BanCorp
NRIM
$590M
| $2.01M | ﹤0.01% |
232,272
+3,092
| +1% | +$26.6K |
|
|
ORBK
2714
DELISTED
Orbotech Ltd
ORBK
| $2M | ﹤0.01% |
32,220
+455
| +1% | +$25K |
|
2715
Oppenheimer Holdings
OPY
$1.14B
| $2M | ﹤0.01% |
77,587
+3,140
| +4% | +$84.6K |
|
|
TREC
2716
DELISTED
Trecora Resources
TREC
| $2M | ﹤0.01% |
146,813
+3,242
| +2% | +$42.1K |
|
|
EMD
2717
Western Asset Emerging Markets Debt Fund
EMD
$609M
| $2M | ﹤0.01% |
137,347
+57,265
| +72% | +$866K |
|
2718
Citizens & Northern Corp
CZNC
$456M
| $1.99M | ﹤0.01% |
86,328
+1,410
| +2% | +$33.3K |
|
2719
Riverview Bancorp
RVSB
$107M
| $1.99M | ﹤0.01% |
212,610
+5,922
| +3% | +$53.9K |
|
2720
Vera Bradley
VRA
$97M
| $1.98M | ﹤0.01% |
187,022
-2,118
| -1% | -$21.8K |
|
|
VRAY
2721
DELISTED
ViewRay, Inc.
VRAY
| $1.98M | ﹤0.01% |
308,399
+3,871
| +1% | +$32.3K |
|
2722
El Pollo Loco
LOCO
$501M
| $1.98M | ﹤0.01% |
208,739
-20,575
| -9% | -$204K |
|
|
BOCH
2723
DELISTED
Bank of Commerce Holdings (CA)
BOCH
| $1.98M | ﹤0.01% |
169,986
+1,539
| +0.9% | +$17.5K |
|
|
HYB
2724
DELISTED
New America High Income Fund, Inc.
HYB
| $1.98M | ﹤0.01% |
+227,392
| New | +$2.04M |
|
2725
Nathan's Famous
NATH
$402M
| $1.98M | ﹤0.01% |
26,761
+285
| +1% | +$19.9K |
|
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.