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 | |
|---|---|---|---|---|---|---|
2801
SAP
SAP
$212B
| $1.72M | ﹤0.01% |
16,320
+1,796
| +12% | +$194K |
|
|
RC
2802
Ready Capital
RC
$258M
| $1.72M | ﹤0.01% |
113,255
-4,538
| -4% | -$66.2K |
|
2803
Byline Bancorp
BY
$1.78B
| $1.71M | ﹤0.01% |
74,619
+29,943
| +67% | +$681K |
|
|
ZEUS
2804
DELISTED
Olympic Steel
ZEUS
| $1.71M | ﹤0.01% |
83,330
+1,430
| +2% | +$32.5K |
|
|
HMTV
2805
DELISTED
Hemisphere Media Group, Inc.
HMTV
| $1.71M | ﹤0.01% |
151,785
+32,725
| +27% | +$367K |
|
2806
Appian
APPN
$1.98B
| $1.71M | ﹤0.01% |
67,783
| – | – |
|
2807
UFP Technologies
UFPT
$1.97B
| $1.7M | ﹤0.01% |
57,785
+201
| +0.3% | +$5.82K |
|
2808
Southern Missouri Bancorp
SMBC
$852M
| $1.7M | ﹤0.01% |
46,460
+474
| +1% | +$17.5K |
|
|
ORM
2809
DELISTED
Owens Realty Mortgage, Inc.
ORM
| $1.7M | ﹤0.01% |
116,657
+4,363
| +4% | +$62.8K |
|
2810
Minerva Neurosciences
NERV
$185M
| $1.7M | ﹤0.01% |
33,996
+226
| +0.7% | +$10.9K |
|
|
SOHU
2811
Sohu.com
SOHU
$362M
| $1.69M | ﹤0.01% |
54,585
+11,766
| +27% | +$449K |
|
|
CSS
2812
DELISTED
CSS Industries, Inc.
CSS
| $1.69M | ﹤0.01% |
96,421
+27,710
| +40% | +$619K |
|
|
HZN
2813
DELISTED
Horizon Global Corporation
HZN
| $1.68M | ﹤0.01% |
203,933
+4,389
| +2% | +$43.9K |
|
|
BREW
2814
DELISTED
Craft Brew Alliance, Inc.
BREW
| $1.68M | ﹤0.01% |
90,298
+892
| +1% | +$16.9K |
|
2815
Civista Bancshares
CIVB
$604M
| $1.68M | ﹤0.01% |
73,342
+612
| +0.8% | +$13.7K |
|
|
CVLY
2816
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $1.67M | ﹤0.01% |
65,626
+722
| +1% | +$18.1K |
|
|
AGFS
2817
DELISTED
AgroFresh Solutions Inc
AGFS
| $1.67M | ﹤0.01% |
227,573
+1,399
| +0.6% | +$10.6K |
|
2818
Seres Therapeutics
MCRB
$46.8M
| $1.67M | ﹤0.01% |
11,376
+906
| +9% | +$174K |
|
|
AMPE
2819
DELISTED
Ampio Pharmaceuticals Inc.
AMPE
| $1.66M | ﹤0.01% |
1,625
| – | – |
|
2820
AstraZeneca
AZN
$263B
| $1.66M | ﹤0.01% |
23,681
+2,712
| +13% | +$188K |
|
|
PES
2821
DELISTED
Pioneer Energy Services Corp.
PES
| $1.65M | ﹤0.01% |
612,786
+6,898
| +1% | +$21.8K |
|
|
PETQ
2822
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.65M | ﹤0.01% |
61,910
+1,767
| +3% | +$41.4K |
|
2823
BHP
BHP
$215B
| $1.64M | ﹤0.01% |
41,522
-647
| -2% | -$27.2K |
|
|
ABCD
2824
DELISTED
Cambium Learning Group, Inc.
ABCD
| $1.64M | ﹤0.01% |
146,800
+25,197
| +21% | +$194K |
|
2825
Kopin
KOPN
$652M
| $1.64M | ﹤0.01% |
525,311
+4,225
| +0.8% | +$14.2K |
|
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.