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 | |
|---|---|---|---|---|---|---|
|
AMBR
2726
DELISTED
Amber Road Inc
AMBR
| $2.04M | ﹤0.01% |
247,392
+23,973
| +11% | +$212K |
|
2727
Graham Corp
GHM
$1.31B
| $2.04M | ﹤0.01% |
89,139
+4,904
| +6% | +$121K |
|
|
AMNB
2728
DELISTED
American National Bankshares Inc
AMNB
| $2.01M | ﹤0.01% |
68,457
+7,838
| +13% | +$275K |
|
2729
UFP Technologies
UFPT
$2.43B
| $2M | ﹤0.01% |
66,693
+3,765
| +6% | +$129K |
|
|
BRY
2730
DELISTED
Berry Corp
BRY
| $2M | ﹤0.01% |
228,827
+21,612
| +10% | +$290K |
|
|
RLH
2731
DELISTED
Red Lions Hotel Corporation
RLH
| $2M | ﹤0.01% |
244,193
+10,667
| +5% | +$105K |
|
|
DSKE
2732
DELISTED
Daseke, Inc. Common Stock
DSKE
| $2M | ﹤0.01% |
544,014
+61,789
| +13% | +$331K |
|
|
ATHX
2733
DELISTED
Athersys, Inc. Common Stock
ATHX
| $2M | ﹤0.01% |
55,478
+2,444
| +5% | +$117K |
|
2734
Gogo Inc
GOGO
$492M
| $2M | ﹤0.01% |
667,641
+18,884
| +3% | +$94.4K |
|
2735
MVB Financial
MVBF
$389M
| $1.99M | ﹤0.01% |
110,559
+3,839
| +4% | +$70K |
|
2736
Southern Missouri Bancorp
SMBC
$850M
| $1.99M | ﹤0.01% |
58,766
+5,253
| +10% | +$183K |
|
2737
Evolution Petroleum
EPM
$131M
| $1.99M | ﹤0.01% |
291,904
+28,095
| +11% | +$263K |
|
|
ADMS
2738
DELISTED
Adamas Pharmaceuticals
ADMS
| $1.99M | ﹤0.01% |
232,900
+14,902
| +7% | +$194K |
|
|
CNBKA
2739
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $1.98M | ﹤0.01% |
29,306
+1,187
| +4% | +$91.4K |
|
2740
Domo
DOMO
$184M
| $1.98M | ﹤0.01% |
100,745
+7,240
| +8% | +$128K |
|
2741
Natural Gas Services Group
NGS
$477M
| $1.98M | ﹤0.01% |
120,169
+7,434
| +7% | +$142K |
|
2742
Amalgamated Financial
AMAL
$1.49B
| $1.97M | ﹤0.01% |
101,150
+40,029
| +65% | +$786K |
|
2743
SI-BONE Inc
SIBN
$834M
| $1.97M | ﹤0.01% |
+94,442
| New | +$1.79M |
|
2744
Entravision Communication
EVC
$1.1B
| $1.97M | ﹤0.01% |
675,915
-116,310
| -15% | -$455K |
|
|
SCWX
2745
DELISTED
SecureWorks Corp Class A Common Stock
SCWX
| $1.97M | ﹤0.01% |
116,506
+13,434
| +13% | +$211K |
|
2746
First Bank
FRBA
$454M
| $1.96M | ﹤0.01% |
161,967
+7,305
| +5% | +$87.4K |
|
2747
Sonida Senior Living
SNDA
$1.91B
| $1.96M | ﹤0.01% |
19,242
+1,688
| +10% | +$211K |
|
2748
Unity Bancorp
UNTY
$599M
| $1.96M | ﹤0.01% |
94,546
+3,499
| +4% | +$74.8K |
|
2749
Arcus Biosciences
RCUS
$3.64B
| $1.95M | ﹤0.01% |
181,172
+83,193
| +85% | +$971K |
|
|
TRK
2750
DELISTED
Speedway Motorsports, Inc.
TRK
| $1.95M | ﹤0.01% |
119,940
+6,392
| +6% | +$105K |
|
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.