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 | |
|---|---|---|---|---|---|---|
|
MSL
2901
DELISTED
Midsouth Bancorp, Inc.
MSL
| $1.46M | ﹤0.01% |
137,583
+7,136
| +5% | +$93.9K |
|
2902
Bloom Energy
BE
$64.6B
| $1.46M | ﹤0.01% |
146,006
-4,310
| -3% | -$83.3K |
|
|
FCCY
2903
DELISTED
1st Constitution Bancorp
FCCY
| $1.45M | ﹤0.01% |
72,627
+4,432
| +6% | +$87.4K |
|
|
TECX
2904
Tectonic Therapeutic
TECX
$606M
| $1.44M | ﹤0.01% |
7,185
+1,729
| +32% | +$527K |
|
2905
Radiant Logistics
RLGT
$395M
| $1.43M | ﹤0.01% |
336,268
+18,243
| +6% | +$96K |
|
|
PCMI
2906
DELISTED
PCM, Inc
PCMI
| $1.43M | ﹤0.01% |
81,213
+5,735
| +8% | +$104K |
|
2907
Neuronetics
STIM
$166M
| $1.42M | ﹤0.01% |
73,570
+13,033
| +22% | +$286K |
|
2908
Orrstown Financial Services
ORRF
$838M
| $1.42M | ﹤0.01% |
78,061
+12,760
| +20% | +$271K |
|
|
ZEUS
2909
DELISTED
Olympic Steel
ZEUS
| $1.41M | ﹤0.01% |
98,973
+2,814
| +3% | +$51.1K |
|
2910
RELX
RELX
$62B
| $1.41M | ﹤0.01% |
68,587
+3,605
| +6% | +$73.2K |
|
2911
argenx
ARGX
$54.1B
| $1.41M | ﹤0.01% |
14,630
+4,649
| +47% | +$413K |
|
2912
Xeris Biopharma Holdings
XERS
$1.45B
| $1.41M | ﹤0.01% |
82,692
+15,459
| +23% | +$310K |
|
2913
Carlyle Group
CG
$17.2B
| $1.4M | ﹤0.01% |
89,204
+9,767
| +12% | +$185K |
|
|
TREC
2914
DELISTED
Trecora Resources
TREC
| $1.4M | ﹤0.01% |
180,086
+9,228
| +5% | +$91.3K |
|
2915
First Business Financial Services
FBIZ
$595M
| $1.4M | ﹤0.01% |
71,873
+3,299
| +5% | +$68.4K |
|
2916
Eastern Company
EML
$150M
| $1.4M | ﹤0.01% |
57,821
+2,563
| +5% | +$68.7K |
|
|
CALA
2917
DELISTED
Calithera Biosciences, Inc
CALA
| $1.4M | ﹤0.01% |
17,433
+3,662
| +27% | +$361K |
|
2918
Caesarstone
CSTE
$79.5M
| $1.4M | ﹤0.01% |
102,911
+5,901
| +6% | +$91.9K |
|
2919
Ocular Therapeutix
OCUL
$2.02B
| $1.4M | ﹤0.01% |
350,673
+46,281
| +15% | +$255K |
|
2920
Prudential
PUK
$35.2B
| $1.39M | ﹤0.01% |
40,552
+7,207
| +22% | +$276K |
|
|
SYRS
2921
DELISTED
Syros Pharmaceuticals, Inc. Common Stock
SYRS
| $1.39M | ﹤0.01% |
24,967
+2,324
| +10% | +$177K |
|
2922
American Superconductor
AMSC
$1.59B
| $1.39M | ﹤0.01% |
124,221
| – | – |
|
|
CMCT
2923
Creative Media & Community Trust
CMCT
$13M
| $1.39M | ﹤0.01% |
1
| – | – |
|
|
FTSV
2924
DELISTED
Forty Seven, Inc. Common Stock
FTSV
| $1.39M | ﹤0.01% |
88,165
+44,735
| +103% | +$683K |
|
|
FONR
2925
DELISTED
Fonar
FONR
| $1.38M | ﹤0.01% |
68,269
-1,034
| -1% | -$23.3K |
|
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.