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 | |
|---|---|---|---|---|---|---|
|
GNBC
2851
DELISTED
Green Bancorp, Inc
GNBC
| $1.59M | ﹤0.01% |
93,026
-210,722
| -69% | -$4.07M |
|
2852
First Community Corp
FCCO
$322M
| $1.59M | ﹤0.01% |
81,993
+3,241
| +4% | +$71.8K |
|
2853
Forestar Group
FOR
$1.51B
| $1.59M | ﹤0.01% |
115,042
+8,551
| +8% | +$143K |
|
|
YMAB
2854
DELISTED
Y-mAbs Therapeutics
YMAB
| $1.59M | ﹤0.01% |
+78,032
| New | +$1.79M |
|
|
CLPR
2855
Clipper Realty
CLPR
$46.2M
| $1.59M | ﹤0.01% |
121,373
+7,150
| +6% | +$93.8K |
|
2856
Gaia
GAIA
$48.4M
| $1.59M | ﹤0.01% |
153,122
+10,842
| +8% | +$143K |
|
|
AVID
2857
DELISTED
Avid Technology Inc
AVID
| $1.58M | ﹤0.01% |
333,558
+15,678
| +5% | +$90.4K |
|
|
PRTK
2858
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $1.58M | ﹤0.01% |
308,773
+6,811
| +2% | +$51.7K |
|
2859
Funko
FNKO
$328M
| $1.58M | ﹤0.01% |
120,447
+5,052
| +4% | +$84.4K |
|
2860
LCNB Corp
LCNB
$283M
| $1.58M | ﹤0.01% |
104,557
+4,029
| +4% | +$67.7K |
|
2861
Pure Cycle
PCYO
$261M
| $1.58M | ﹤0.01% |
159,309
+7,282
| +5% | +$73.9K |
|
|
VNTR
2862
DELISTED
Venator Materials PLC
VNTR
| $1.58M | ﹤0.01% |
377,224
+2,540
| +0.7% | +$16.4K |
|
2863
FS Bancorp
FSBW
$320M
| $1.58M | ﹤0.01% |
73,648
+14,510
| +25% | +$338K |
|
2864
Natural Health Trends
NHTC
$14.8M
| $1.58M | ﹤0.01% |
85,339
+8,273
| +11% | +$182K |
|
|
UPL
2865
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $1.57M | ﹤0.01% |
2,072,925
+246,147
| +13% | +$311K |
|
|
MIME
2866
DELISTED
Mimecast Limited
MIME
| $1.57M | ﹤0.01% |
46,745
-462
| -1% | -$16.1K |
|
2867
C&F Financial
CFFI
$286M
| $1.56M | ﹤0.01% |
29,395
+1,794
| +6% | +$94.5K |
|
|
ZUO
2868
DELISTED
Zuora, Inc.
ZUO
| $1.56M | ﹤0.01% |
86,189
+11,882
| +16% | +$228K |
|
2869
Northeast Bank
NBN
$1.14B
| $1.55M | ﹤0.01% |
92,809
+422
| +0.5% | +$8.15K |
|
2870
Metropolitan Bank Holding Corp
MCB
$1.15B
| $1.55M | ﹤0.01% |
50,282
+5,803
| +13% | +$214K |
|
2871
Kingstone Companies
KINS
$276M
| $1.55M | ﹤0.01% |
87,637
+5,381
| +7% | +$90.1K |
|
|
FLNT
2872
Fluent
FLNT
$120M
| $1.55M | ﹤0.01% |
71,624
+2,852
| +4% | +$52K |
|
|
PFBI
2873
DELISTED
Premier Financial Bancorp
PFBI
| $1.54M | ﹤0.01% |
103,512
+10,992
| +12% | +$192K |
|
2874
Tiptree Inc
TIPT
$675M
| $1.54M | ﹤0.01% |
275,164
+8,915
| +3% | +$51.2K |
|
2875
BayCom
BCML
$333M
| $1.52M | ﹤0.01% |
65,722
+5,496
| +9% | +$131K |
|
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.