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 | |
|---|---|---|---|---|---|---|
|
VGI
3126
Virtus Global Multi-Sector Income Fund
VGI
$83.7M
| $845K | ﹤0.01% |
76,344
+56,517
| +285% | +$672K |
|
|
WIN
3127
DELISTED
Windstream Holdings Inc
WIN
| $845K | ﹤0.01% |
404,420
+8,717
| +2% | +$32.5K |
|
|
CWBR
3128
DELISTED
CohBar, Inc. Common Stock
CWBR
| $844K | ﹤0.01% |
9,055
+361
| +4% | +$40.1K |
|
|
VEACW
3129
DELISTED
Vantage Energy Acquisition Corp.
VEACW
| $843K | ﹤0.01% |
1,795,116
+995,116
| +124% | +$850K |
|
3130
Energy Fuels
UUUU
$3.53B
| $841K | ﹤0.01% |
296,936
+55,580
| +23% | +$180K |
|
3131
Celcuity
CELC
$4.52B
| $840K | ﹤0.01% |
35,035
+2,930
| +9% | +$76.2K |
|
3132
ACM Research
ACMR
$5.79B
| $839K | ﹤0.01% |
231,537
+11,346
| +5% | +$39.9K |
|
3133
Honda
HMC
$41.3B
| $837K | ﹤0.01% |
31,673
+5,921
| +23% | +$164K |
|
3134
Hovnanian Enterprises
HOV
$807M
| $836K | ﹤0.01% |
48,952
+2,567
| +6% | +$81.2K |
|
|
TLRA
3135
DELISTED
Telaria, Inc.
TLRA
| $836K | ﹤0.01% |
306,335
+19,688
| +7% | +$57K |
|
3136
ReposiTrak
TRAK
$159M
| $835K | ﹤0.01% |
139,959
+5,981
| +4% | +$48.8K |
|
3137
Canadian Solar
CSIQ
$1.08B
| $832K | ﹤0.01% |
58,025
-441
| -0.8% | -$6.65K |
|
|
GDP
3138
DELISTED
Goodrich Petroleum Corporation Common Stock
GDP
| $831K | ﹤0.01% |
61,593
+5,536
| +10% | +$78K |
|
|
BRACW
3139
DELISTED
Black Ridge Acquisition Corp. Warrant
BRACW
| $831K | ﹤0.01% |
2,772,658
| – | – |
|
|
SCG
3140
DELISTED
Scana
SCG
| $830K | ﹤0.01% |
20,528
-1,959,470
| -99% | -$84.2M |
|
|
ATTU
3141
DELISTED
Attunity Ltd
ATTU
| $829K | ﹤0.01% |
42,208
+15,442
| +58% | +$293K |
|
3142
FreightCar America
RAIL
$260M
| $827K | ﹤0.01% |
123,639
+6,404
| +5% | +$72.7K |
|
|
PFSW
3143
DELISTED
PFSweb, Inc.
PFSW
| $827K | ﹤0.01% |
161,258
-351
| -0.2% | -$2.26K |
|
3144
Siebert Financial
SIEB
$68.4M
| $826K | ﹤0.01% |
57,190
+3,828
| +7% | +$49K |
|
3145
Gencor Industries
GENC
$212M
| $825K | ﹤0.01% |
75,237
+4,885
| +7% | +$55.7K |
|
|
TEF
3146
DELISTED
Telefonica
TEF
| $825K | ﹤0.01% |
120,808
+35,001
| +41% | +$237K |
|
3147
Kodak
KODK
$983M
| $822K | ﹤0.01% |
322,441
+8,941
| +3% | +$27.2K |
|
|
ICBK
3148
DELISTED
County Bancorp, Inc. Common Stock
ICBK
| $822K | ﹤0.01% |
47,347
+2,380
| +5% | +$52.2K |
|
|
DRRX
3149
DELISTED
DURECT Corp
DRRX
| $821K | ﹤0.01% |
170,038
+6,827
| +4% | +$59.6K |
|
|
BAS
3150
DELISTED
Basis Energy Services, Inc.
BAS
| $821K | ﹤0.01% |
213,859
+8,744
| +4% | +$64.1K |
|
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.