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 | |
|---|---|---|---|---|---|---|
|
XOMA
3051
DELISTED
Xoma
XOMA
| $1.06M | ﹤0.01% |
83,755
-6,660
| -7% | -$95.3K |
|
|
UN
3052
DELISTED
Unilever NV New York Registry Shares
UN
| $1.06M | ﹤0.01% |
19,696
-318
| -2% | -$17.4K |
|
3053
BHP
BHP
$230B
| $1.06M | ﹤0.01% |
24,545
+5,075
| +26% | +$213K |
|
3054
Toronto Dominion Bank
TD
$200B
| $1.05M | ﹤0.01% |
21,181
-513
| -2% | -$28.1K |
|
|
RYZ
3055
Ryerson Holding Corp
RYZ
$1.46B
| $1.04M | ﹤0.01% |
164,420
-911
| -0.6% | -$7.87K |
|
|
VAPO
3056
DELISTED
Vapotherm, Inc. Common Stock
VAPO
| $1.04M | ﹤0.01% |
+6,528
| New | +$941K |
|
|
LEAF
3057
DELISTED
Leaf Group Ltd.
LEAF
| $1.04M | ﹤0.01% |
151,885
+3,507
| +2% | +$30.1K |
|
|
EMWP
3058
DELISTED
Eros Media World PLC
EMWP
| $1.03M | ﹤0.01% |
6,243
+874
| +16% | +$171K |
|
|
FCB
3059
DELISTED
FCB Financial Holdings, Inc.
FCB
| $1.03M | ﹤0.01% |
30,789
-437,434
| -93% | -$17.2M |
|
|
MBCN
3060
DELISTED
Middlefield Banc Corp
MBCN
| $1.03M | ﹤0.01% |
48,520
+2,882
| +6% | +$64.7K |
|
|
JAX
3061
DELISTED
J. Alexander's Holdings, Inc.
JAX
| $1.03M | ﹤0.01% |
124,875
+6,059
| +5% | +$59.7K |
|
|
PAMT
3062
PAMT Corp
PAMT
$297M
| $1.03M | ﹤0.01% |
104,232
+3,952
| +4% | +$52.1K |
|
3063
uniQure
QURE
$3.22B
| $1.02M | ﹤0.01% |
35,445
+15,295
| +76% | +$426K |
|
|
PYX
3064
DELISTED
Pyxus International, Inc.
PYX
| $1.02M | ﹤0.01% |
86,152
+3,921
| +5% | +$82.1K |
|
3065
Viper Energy
VNOM
$14.7B
| $1.01M | ﹤0.01% |
38,970
+5,324
| +16% | +$174K |
|
3066
Alico
ALCO
$283M
| $1.01M | ﹤0.01% |
34,364
+1,596
| +5% | +$52.3K |
|
|
MR
3067
DELISTED
Montage Resources Corporation Common Stock
MR
| $1.01M | ﹤0.01% |
64,368
-17
| -0% | -$290 |
|
3068
AB InBev
BUD
$165B
| $1.01M | ﹤0.01% |
15,341
+3,886
| +34% | +$297K |
|
3069
China Yuchai International
CYD
$1.78B
| $1.01M | ﹤0.01% |
81,179
+23,296
| +40% | +$335K |
|
3070
Natural Resource Partners
NRP
$1.42B
| $1.01M | ﹤0.01% |
26,365
+12,792
| +94% | +$447K |
|
3071
BioLife Solutions
BLFS
$1.7B
| $1M | ﹤0.01% |
83,588
+21,267
| +34% | +$254K |
|
3072
Sony
SONY
$138B
| $1M | ﹤0.01% |
103,800
+15,805
| +18% | +$167K |
|
3073
CRISPR Therapeutics
CRSP
$5.17B
| $999K | ﹤0.01% |
34,973
-852
| -2% | -$29.6K |
|
3074
Silicon Motion
SIMO
$8.68B
| $999K | ﹤0.01% |
28,984
+145
| +0.5% | +$5.67K |
|
|
PES
3075
DELISTED
Pioneer Energy Services Corp.
PES
| $999K | ﹤0.01% |
812,842
+48,553
| +6% | +$121K |
|
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.