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 | |
|---|---|---|---|---|---|---|
3001
Noodles & Co
NDLS
$111M
| $1.16M | ﹤0.01% |
19,265
+333
| +2% | +$16.9K |
|
3002
TSMC
TSM
$2.1T
| $1.16M | ﹤0.01% |
26,567
+1,142
| +4% | +$49.8K |
|
3003
ACNB Corp
ACNB
$656M
| $1.16M | ﹤0.01% |
39,671
+2,159
| +6% | +$62.7K |
|
3004
Smith & Nephew
SNN
$13.3B
| $1.15M | ﹤0.01% |
30,264
-9,896
| -25% | -$358K |
|
|
IVAC
3005
DELISTED
Intevac Inc
IVAC
| $1.15M | ﹤0.01% |
167,353
+4,501
| +3% | +$29.6K |
|
|
RYZ
3006
Ryerson Holding Corp
RYZ
$1.44B
| $1.15M | ﹤0.01% |
141,234
+2,199
| +2% | +$22.7K |
|
3007
Champion Homes
SKY
$4.37B
| $1.15M | ﹤0.01% |
52,358
| – | – |
|
|
ITI
3008
DELISTED
Iteris, Inc.
ITI
| $1.15M | ﹤0.01% |
231,727
+6,216
| +3% | +$38.6K |
|
3009
Saga Communications
SGA
$57M
| $1.15M | ﹤0.01% |
30,767
+486
| +2% | +$19.2K |
|
|
PHIIK
3010
DELISTED
PHI, Inc. Non-Voting Common Stock
PHIIK
| $1.15M | ﹤0.01% |
111,936
+758
| +0.7% | +$8.37K |
|
3011
Willis Lease Finance
WLFC
$1.7B
| $1.15M | ﹤0.01% |
100,242
+3,621
| +4% | +$33.4K |
|
3012
Teekay
TK
$1.01B
| $1.14M | ﹤0.01% |
141,120
+27,851
| +25% | +$241K |
|
3013
Greif Class B
GEF.B
$4.11B
| $1.14M | ﹤0.01% |
19,586
+291
| +2% | +$18.1K |
|
|
ASXC
3014
DELISTED
Asensus Surgical, Inc.
ASXC
| $1.14M | ﹤0.01% |
51,551
| – | – |
|
|
CLUB
3015
DELISTED
Town Sports International Holdings, Inc.
CLUB
| $1.14M | ﹤0.01% |
150,010
-28,550
| -16% | -$182K |
|
|
AMRS
3016
DELISTED
Amyris Inc.
AMRS
| $1.14M | ﹤0.01% |
170,185
+10,152
| +6% | +$54.5K |
|
|
ICBK
3017
DELISTED
County Bancorp, Inc. Common Stock
ICBK
| $1.14M | ﹤0.01% |
38,981
+969
| +3% | +$28.2K |
|
|
UN
3018
DELISTED
Unilever NV New York Registry Shares
UN
| $1.14M | ﹤0.01% |
20,184
+1,214
| +6% | +$66.7K |
|
|
TCFC
3019
DELISTED
The Community Financial Corporation Common Stock
TCFC
| $1.14M | ﹤0.01% |
30,536
+510
| +2% | +$19K |
|
3020
Genco Shipping & Trading
GNK
$1.11B
| $1.13M | ﹤0.01% |
79,770
+16,151
| +25% | +$225K |
|
|
PZN
3021
DELISTED
Pzena Investment Management, Inc. Class A
PZN
| $1.13M | ﹤0.01% |
101,702
+1,981
| +2% | +$22.4K |
|
|
CYBE
3022
DELISTED
Cyberoptics Corp
CYBE
| $1.12M | ﹤0.01% |
62,480
+1,987
| +3% | +$32.9K |
|
|
NWHM
3023
DELISTED
THE NEW HOME COMPANY INC.
NWHM
| $1.12M | ﹤0.01% |
101,275
-312
| -0.3% | -$3.73K |
|
3024
ImmunityBio
IBRX
$7.51B
| $1.12M | ﹤0.01% |
287,589
+3,359
| +1% | +$14.7K |
|
|
TRCB
3025
DELISTED
Two River Bancorp
TRCB
| $1.12M | ﹤0.01% |
61,916
+691
| +1% | +$12.2K |
|
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.