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 | |
|---|---|---|---|---|---|---|
|
NQP
2776
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
| $1.82M | ﹤0.01% |
145,082
+91,737
| +172% | +$1.17M |
|
|
HDNG
2777
DELISTED
Hardinge Inc
HDNG
| $1.81M | ﹤0.01% |
99,107
+15,714
| +19% | +$287K |
|
2778
Clean Energy Fuels
CLNE
$427M
| $1.81M | ﹤0.01% |
1,098,203
+19,177
| +2% | +$31.5K |
|
2779
Babcock & Wilcox
BW
$1.39B
| $1.81M | ﹤0.01% |
41,422
+1,843
| +5% | +$107K |
|
|
SMMF
2780
DELISTED
Summit Financial Group, Inc.
SMMF
| $1.8M | ﹤0.01% |
71,924
+1,093
| +2% | +$27.6K |
|
2781
Liberty Energy
LBRT
$3.05B
| $1.79M | ﹤0.01% |
+105,864
| New | +$2.09M |
|
|
IO
2782
DELISTED
ION Geophysical Corporation
IO
| $1.79M | ﹤0.01% |
65,970
+22,983
| +53% | +$545K |
|
|
SODA
2783
DELISTED
SodaStream International Ltd
SODA
| $1.78M | ﹤0.01% |
19,439
+1,259
| +7% | +$102K |
|
2784
Yext
YEXT
$547M
| $1.78M | ﹤0.01% |
141,079
+2,358
| +2% | +$28.7K |
|
|
DOVA
2785
DELISTED
Dova Pharmaceuticals, Inc. Common Stock
DOVA
| $1.78M | ﹤0.01% |
65,690
+3,331
| +5% | +$99.7K |
|
|
ECOM
2786
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $1.78M | ﹤0.01% |
195,432
+2,182
| +1% | +$19.9K |
|
2787
Century Casinos
CNTY
$34M
| $1.76M | ﹤0.01% |
236,567
+10,046
| +4% | +$86.5K |
|
2788
HDFC Bank
HDB
$123B
| $1.76M | ﹤0.01% |
71,420
-1,100
| -2% | -$27.7K |
|
2789
CryoPort
CYRX
$761M
| $1.76M | ﹤0.01% |
204,921
| – | – |
|
2790
Northeast Bank
NBN
$1.06B
| $1.76M | ﹤0.01% |
85,979
+629
| +0.7% | +$14.2K |
|
2791
Dorian LPG
LPG
$2.03B
| $1.76M | ﹤0.01% |
235,001
+43,219
| +23% | +$333K |
|
2792
BCB Bancorp
BCBP
$173M
| $1.76M | ﹤0.01% |
112,421
+5,619
| +5% | +$86.5K |
|
|
GWPH
2793
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $1.74M | ﹤0.01% |
15,451
+210
| +1% | +$26.4K |
|
|
NEOS
2794
DELISTED
Neos Therapeutics, Inc
NEOS
| $1.74M | ﹤0.01% |
209,514
+1,946
| +0.9% | +$18.6K |
|
|
ATHX
2795
DELISTED
Athersys, Inc. Common Stock
ATHX
| $1.74M | ﹤0.01% |
37,964
+418
| +1% | +$18K |
|
|
LUMO
2796
DELISTED
Lumos Pharma, Inc. Common Stock
LUMO
| $1.73M | ﹤0.01% |
26,561
+341
| +1% | +$24.2K |
|
|
FBM
2797
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $1.73M | ﹤0.01% |
116,142
+1,054
| +0.9% | +$15.8K |
|
|
ARA
2798
DELISTED
American Renal Associates Holdings, Inc
ARA
| $1.73M | ﹤0.01% |
91,682
+3,867
| +4% | +$76.3K |
|
|
PVLA
2799
Palvella Therapeutics
PVLA
$1.99B
| $1.73M | ﹤0.01% |
3,164
+665
| +27% | +$412K |
|
2800
VirnetX Holding Corp
VHC
$54.4M
| $1.72M | ﹤0.01% |
21,765
+284
| +1% | +$21.5K |
|
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.