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 | |
|---|---|---|---|---|---|---|
|
KDMN
2726
DELISTED
Kadmon Holdings, Inc.
KDMN
| $1.97M | ﹤0.01% |
463,844
| – | – |
|
|
CLD
2727
DELISTED
Cloud Peak Energy Inc
CLD
| $1.97M | ﹤0.01% |
676,046
-5,060
| -0.7% | -$20.9K |
|
|
SFE
2728
DELISTED
Safeguard Scientifics, Inc.
SFE
| $1.96M | ﹤0.01% |
160,156
+3,949
| +3% | +$48K |
|
2729
Union Bankshares
UNB
$106M
| $1.96M | ﹤0.01% |
38,523
+364
| +1% | +$19K |
|
|
CSLT
2730
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $1.96M | ﹤0.01% |
536,149
+6,019
| +1% | +$22.3K |
|
2731
Caesarstone
CSTE
$72.3M
| $1.94M | ﹤0.01% |
98,791
-46,010
| -32% | -$992K |
|
|
AVEO
2732
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
| $1.94M | ﹤0.01% |
66,796
| – | – |
|
2733
RGC Resources
RGCO
$223M
| $1.94M | ﹤0.01% |
76,239
+706
| +0.9% | +$17.8K |
|
2734
SFL Corp
SFL
$1.64B
| $1.93M | ﹤0.01% |
135,208
+10,140
| +8% | +$152K |
|
|
MFSF
2735
DELISTED
MutualFirst Financial Inc
MFSF
| $1.93M | ﹤0.01% |
53,245
+374
| +0.7% | +$13.7K |
|
|
CISN.WS
2736
DELISTED
Cision Ltd. Warrants, each to purchase one Ordinary Share
CISN.WS
| $1.93M | ﹤0.01% |
825,000
+225,000
| +38% | +$565K |
|
|
TRQ
2737
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $1.93M | ﹤0.01% |
63,758
+61,470
| +2,687% | +$1.94M |
|
2738
Ameresco
AMRC
$1.12B
| $1.93M | ﹤0.01% |
148,374
+2,600
| +2% | +$24.5K |
|
2739
Valhi
VHI
$380M
| $1.93M | ﹤0.01% |
26,473
+4,613
| +21% | +$332K |
|
|
OSG
2740
DELISTED
Overseas Shipholding Group Inc.
OSG
| $1.93M | ﹤0.01% |
677,881
-138,019
| -17% | -$322K |
|
|
NPTN
2741
DELISTED
NEOPHOTONICS CORP
NPTN
| $1.92M | ﹤0.01% |
280,000
+32,203
| +13% | +$205K |
|
|
ESTE
2742
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $1.91M | ﹤0.01% |
189,157
-8,523
| -4% | -$86.3K |
|
2743
MakeMyTrip
MMYT
$5.36B
| $1.91M | ﹤0.01% |
55,130
+840
| +2% | +$26.8K |
|
|
TBNK
2744
DELISTED
Territorial Bancorp Inc.
TBNK
| $1.91M | ﹤0.01% |
64,508
+3,617
| +6% | +$111K |
|
|
AMNB
2745
DELISTED
American National Bankshares Inc
AMNB
| $1.91M | ﹤0.01% |
50,800
+1,179
| +2% | +$44.7K |
|
2746
Foster
FSTR
$430M
| $1.91M | ﹤0.01% |
81,030
+3,699
| +5% | +$95.5K |
|
|
SN
2747
DELISTED
Sanchez Energy Corporation
SN
| $1.91M | ﹤0.01% |
608,774
+153
| +0% | +$634 |
|
|
BLMT
2748
DELISTED
BSB Bancorp, Inc.
BLMT
| $1.9M | ﹤0.01% |
62,199
+917
| +1% | +$27.7K |
|
2749
Hovnanian Enterprises
HOV
$726M
| $1.9M | ﹤0.01% |
41,584
-2,152
| -5% | -$124K |
|
|
CURO
2750
DELISTED
CURO Group Holdings Corp.
CURO
| $1.9M | ﹤0.01% |
+110,413
| New | +$1.83M |
|
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.