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 | |
|---|---|---|---|---|---|---|
2976
Chemung Financial Corp
CHMG
$392M
| $1.25M | ﹤0.01% |
30,202
+1,021
| +3% | +$43.2K |
|
|
AMR
2977
DELISTED
Alta Mesa Resources Inc
AMR
| $1.24M | ﹤0.01% |
1,239,611
+33,442
| +3% | +$84.7K |
|
|
FBM
2978
DELISTED
Foundation Building Materials, Inc. Common Stock
FBM
| $1.23M | ﹤0.01% |
148,277
+18,943
| +15% | +$188K |
|
2979
Biglari Holdings Class B
BH
$1.21B
| $1.23M | ﹤0.01% |
10,810
+101
| +0.9% | +$14.9K |
|
2980
Stratus Properties
STRS
$154M
| $1.23M | ﹤0.01% |
51,113
+2,969
| +6% | +$81.9K |
|
2981
Rockwell Medical
RMTI
$28.2M
| $1.22M | ﹤0.01% |
4,907
+521
| +12% | +$207K |
|
2982
Ardelyx
ARDX
$997M
| $1.22M | ﹤0.01% |
680,329
+44,444
| +7% | +$131K |
|
2983
Spyre Therapeutics
SYRE
$9.25B
| $1.22M | ﹤0.01% |
6,504
+333
| +5% | +$70.6K |
|
2984
Vuzix
VUZI
$224M
| $1.22M | ﹤0.01% |
252,865
+11,775
| +5% | +$68.7K |
|
2985
Criteo S.A. Ordinary Shares
CRTO
$923M
| $1.22M | ﹤0.01% |
53,506
-23,783
| -31% | -$533K |
|
|
FSTX
2986
DELISTED
F-star Therapeutics, Inc. Common Stock
FSTX
| $1.21M | ﹤0.01% |
29,215
+2,349
| +9% | +$106K |
|
2987
Enel Chile
ENIC
$6.28B
| $1.21M | ﹤0.01% |
243,740
+170,428
| +232% | +$796K |
|
|
GGN
2988
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$819M
| $1.2M | ﹤0.01% |
+324,043
| New | +$1.34M |
|
2989
Galicia Financial Group
GGAL
$7.42B
| $1.2M | ﹤0.01% |
43,422
+430
| +1% | +$10.9K |
|
2990
Ohio Valley Banc Corp
OVBC
$205M
| $1.19M | ﹤0.01% |
33,729
+1,990
| +6% | +$71.1K |
|
|
TCFC
2991
DELISTED
The Community Financial Corporation Common Stock
TCFC
| $1.19M | ﹤0.01% |
40,826
+2,940
| +8% | +$90.1K |
|
2992
Lifetime Brands
LCUT
$211M
| $1.19M | ﹤0.01% |
118,701
+5,007
| +4% | +$52.8K |
|
|
NAGE
2993
Niagen Bioscience
NAGE
$247M
| $1.19M | ﹤0.01% |
346,723
+17,361
| +5% | +$60.3K |
|
|
IGR
2994
CBRE Global Real Estate Income Fund
IGR
$713M
| $1.19M | ﹤0.01% |
+192,798
| New | +$1.29M |
|
2995
Geospace Technologies
GEOS
$75.7M
| $1.18M | ﹤0.01% |
114,862
+4,917
| +4% | +$65.8K |
|
|
DOVA
2996
DELISTED
Dova Pharmaceuticals, Inc. Common Stock
DOVA
| $1.18M | ﹤0.01% |
156,232
+11,732
| +8% | +$189K |
|
2997
LiveOne
LVO
$58.2M
| $1.17M | ﹤0.01% |
23,733
+8,585
| +57% | +$334K |
|
|
EVLO
2998
DELISTED
Evelo Biosciences, Inc. Common Stock
EVLO
| $1.17M | ﹤0.01% |
4,510
+1,930
| +75% | +$388K |
|
|
MPX
2999
DELISTED
Marine Products Corp
MPX
| $1.17M | ﹤0.01% |
69,104
+9,237
| +15% | +$192K |
|
3000
Saga Communications
SGA
$63.9M
| $1.16M | ﹤0.01% |
35,018
+1,934
| +6% | +$68.3K |
|
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.