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 | |
|---|---|---|---|---|---|---|
2751
Weyco Group
WEYS
$372M
| $1.89M | ﹤0.01% |
56,242
-471
| -0.8% | -$14.9K |
|
2752
Bankwell Financial Group
BWFG
$543M
| $1.89M | ﹤0.01% |
58,402
+433
| +0.7% | +$14.4K |
|
2753
Enphase Energy
ENPH
$4.96B
| $1.88M | ﹤0.01% |
412,448
+42,632
| +12% | +$129K |
|
2754
Daily Journal
DJCO
$809M
| $1.88M | ﹤0.01% |
8,232
+124
| +2% | +$28.5K |
|
|
TRK
2755
DELISTED
Speedway Motorsports, Inc.
TRK
| $1.88M | ﹤0.01% |
105,406
+2,804
| +3% | +$54.2K |
|
2756
Preformed Line Products
PLPC
$1.75B
| $1.87M | ﹤0.01% |
28,800
+455
| +2% | +$32.1K |
|
|
PBIP
2757
DELISTED
Prudential Bancorp, Inc.
PBIP
| $1.87M | ﹤0.01% |
103,292
+392
| +0.4% | +$6.97K |
|
|
CMRX
2758
DELISTED
Chimerix, Inc.
CMRX
| $1.87M | ﹤0.01% |
359,722
+5,698
| +2% | +$28.9K |
|
|
RST
2759
DELISTED
ROSETTA STONE INC
RST
| $1.87M | ﹤0.01% |
142,019
+4,981
| +4% | +$65.1K |
|
2760
LSI Industries
LYTS
$859M
| $1.86M | ﹤0.01% |
229,578
+15,988
| +7% | +$125K |
|
|
AVHI
2761
DELISTED
A V Homes, Inc.
AVHI
| $1.86M | ﹤0.01% |
100,299
+1,289
| +1% | +$22.7K |
|
2762
Superior Group of Companies
SGC
$185M
| $1.86M | ﹤0.01% |
70,746
+2,073
| +3% | +$52.8K |
|
|
EVM
2763
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
| $1.85M | ﹤0.01% |
+180,876
| New | +$1.96M |
|
2764
Ooma
OOMA
$598M
| $1.85M | ﹤0.01% |
170,031
-8,035
| -5% | -$89K |
|
2765
Prudential
PUK
$37.6B
| $1.85M | ﹤0.01% |
37,352
+9,682
| +35% | +$490K |
|
2766
Unity Bancorp
UNTY
$591M
| $1.85M | ﹤0.01% |
83,999
+793
| +1% | +$16.6K |
|
|
CWBC
2767
Community West Bancshares
CWBC
$679M
| $1.84M | ﹤0.01% |
94,008
+958
| +1% | +$19.1K |
|
|
HABT
2768
DELISTED
The Habit Restaurants, Inc. - Class A
HABT
| $1.84M | ﹤0.01% |
208,641
+21,886
| +12% | +$197K |
|
2769
Agilysys
AGYS
$2.97B
| $1.83M | ﹤0.01% |
153,982
+1,576
| +1% | +$18.8K |
|
2770
Willdan Group
WLDN
$1.04B
| $1.83M | ﹤0.01% |
64,741
+514
| +0.8% | +$12K |
|
|
GCAP
2771
DELISTED
Gain Capital Holdings, Inc.
GCAP
| $1.83M | ﹤0.01% |
271,509
+2,294
| +0.9% | +$17.2K |
|
|
MCBC
2772
DELISTED
Macatawa Bank Corp
MCBC
| $1.83M | ﹤0.01% |
178,257
+2,852
| +2% | +$29.1K |
|
2773
Novartis
NVS
$297B
| $1.83M | ﹤0.01% |
25,236
-28,522
| -53% | -$2.17M |
|
|
KIN
2774
DELISTED
Kindred Biosciences, Inc.
KIN
| $1.83M | ﹤0.01% |
211,428
+4,530
| +2% | +$39.7K |
|
|
PTVCB
2775
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $1.82M | ﹤0.01% |
82,863
+842
| +1% | +$19.6K |
|
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.