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 | |
|---|---|---|---|---|---|---|
3101
China Yuchai International
CYD
$1.77B
| $945K | ﹤0.01% |
44,641
-40,283
| -47% | -$973K |
|
3102
BGSF Inc
BGSF
$59.5M
| $940K | ﹤0.01% |
49,540
+1,051
| +2% | +$17.6K |
|
|
CASI
3103
DELISTED
CASI Pharmaceuticals
CASI
| $940K | ﹤0.01% |
22,558
| – | – |
|
3104
GSI Technology
GSIT
$215M
| $937K | ﹤0.01% |
126,533
+3,682
| +3% | +$29.7K |
|
|
KEG
3105
DELISTED
Key Energy Services, Inc. Common Stock
KEG
| $934K | ﹤0.01% |
79,693
-5,285
| -6% | -$75.1K |
|
|
NXG
3106
NXG NextGen Infrastructure Income Fund
NXG
$327M
| $929K | ﹤0.01% |
+14,775
| New | +$1.09M |
|
3107
Galectin Therapeutics
GALT
$196M
| $926K | ﹤0.01% |
195,411
| – | – |
|
|
JNP
3108
DELISTED
Juniper Pharmaceuticals, Inc. Common Stock
JNP
| $925K | ﹤0.01% |
91,284
+30,005
| +49% | +$252K |
|
3109
Dr. Reddy's Laboratories
RDY
$9.87B
| $920K | ﹤0.01% |
143,370
+3,195
| +2% | +$22.4K |
|
|
ELVT
3110
DELISTED
Elevate Credit, Inc.
ELVT
| $916K | ﹤0.01% |
129,440
+3,654
| +3% | +$27.1K |
|
|
ARQL
3111
DELISTED
Arqule Inc
ARQL
| $915K | ﹤0.01% |
318,011
+2,790
| +0.9% | +$5.29K |
|
3112
Information Services Group
III
$199M
| $914K | ﹤0.01% |
218,742
+1,590
| +0.7% | +$6.68K |
|
|
FHY
3113
DELISTED
First Trust Strategic High
FHY
| $913K | ﹤0.01% |
74,868
+45,476
| +155% | +$566K |
|
|
ROX
3114
DELISTED
Castle Brands, Inc.
ROX
| $911K | ﹤0.01% |
735,039
+14,224
| +2% | +$16.9K |
|
3115
Quantum Corp
QMCO
$419M
| $909K | ﹤0.01% |
12,491
+109
| +0.9% | +$10.6K |
|
3116
XBiotech
XBIT
$68M
| $908K | ﹤0.01% |
169,806
+3,631
| +2% | +$16.7K |
|
|
NXJ
3117
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $907K | ﹤0.01% |
69,558
-101,295
| -59% | -$1.34M |
|
|
AAC
3118
DELISTED
AAC Holdings
AAC
| $905K | ﹤0.01% |
78,890
+1,896
| +2% | +$18.6K |
|
3119
Mid Penn Bancorp
MPB
$971M
| $904K | ﹤0.01% |
28,255
| – | – |
|
|
USAP
3120
DELISTED
Universal Stainless & Alloy
USAP
| $903K | ﹤0.01% |
32,845
| – | – |
|
3121
Honda
HMC
$39.1B
| $900K | ﹤0.01% |
25,920
+3,155
| +14% | +$111K |
|
|
AT
3122
DELISTED
Atlantic Power Corporation
AT
| $900K | ﹤0.01% |
428,178
+146,829
| +52% | +$314K |
|
3123
Anavex Life Sciences
AVXL
$255M
| $898K | ﹤0.01% |
325,587
+7,068
| +2% | +$20K |
|
3124
Equinor
EQNR
$97.7B
| $898K | ﹤0.01% |
37,995
+15,771
| +71% | +$362K |
|
3125
NextDecade
NEXT
$1.79B
| $898K | ﹤0.01% |
181,822
+1,925
| +1% | +$12.3K |
|
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.