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 | |
|---|---|---|---|---|---|---|
3151
Teekay
TK
$985M
| $820K | ﹤0.01% |
245,755
+39,881
| +19% | +$219K |
|
3152
J. Jill
JILL
$283M
| $817K | ﹤0.01% |
36,556
+1,961
| +6% | +$45K |
|
|
AGD
3153
abrdn Global Dynamic Dividend Fund
AGD
$320M
| $812K | ﹤0.01% |
+95,517
| New | +$885K |
|
|
TLND
3154
DELISTED
Talend S.A. American Depositary Shares
TLND
| $811K | ﹤0.01% |
21,874
-2,724
| -11% | -$131K |
|
|
EMKR
3155
DELISTED
Emcore Corp
EMKR
| $802K | ﹤0.01% |
19,103
+265
| +1% | +$12.4K |
|
3156
Syndax Pharmaceuticals
SNDX
$1.82B
| $801K | ﹤0.01% |
180,199
+6,768
| +4% | +$37.1K |
|
3157
Silvercrest Asset Management
SAMG
$79.9M
| $800K | ﹤0.01% |
60,501
+3,736
| +7% | +$51.9K |
|
3158
Takeda Pharmaceutical
TAK
$55.7B
| $795K | ﹤0.01% |
+47,323
| New | +$799K |
|
3159
Protagonist Therapeutics
PTGX
$9.44B
| $792K | ﹤0.01% |
117,697
-128
| -0.1% | -$1.01K |
|
3160
Transcontinental Realty Investors
TCI
$318M
| $792K | ﹤0.01% |
27,993
+755
| +3% | +$24.5K |
|
|
CGC
3161
Canopy Growth
CGC
$410M
| $791K | ﹤0.01% |
+2,953
| New | +$1.11M |
|
|
CAJ
3162
DELISTED
Canon, Inc.
CAJ
| $791K | ﹤0.01% |
28,661
-18,471
| -39% | -$535K |
|
3163
EyePoint Inc
EYPT
$1.2B
| $789K | ﹤0.01% |
41,760
+10,458
| +33% | +$253K |
|
|
RJET
3164
Republic Airways Holdings
RJET
$1B
| $789K | ﹤0.01% |
6,829
+1,771
| +35% | +$328K |
|
3165
Grupo Aeroportuario Centro Norte
OMAB
$5.33B
| $787K | ﹤0.01% |
20,720
-1,460
| -7% | -$62.4K |
|
3166
InterContinental Hotels
IHG
$23.2B
| $782K | ﹤0.01% |
13,619
+4,571
| +51% | +$263K |
|
|
SWI
3167
DELISTED
SolarWinds Corporation Common Stock
SWI
| $781K | ﹤0.01% |
+53,593
| New | +$840K |
|
3168
Galectin Therapeutics
GALT
$227M
| $779K | ﹤0.01% |
227,175
+15,410
| +7% | +$73.6K |
|
|
ELVT
3169
DELISTED
Elevate Credit, Inc.
ELVT
| $778K | ﹤0.01% |
173,812
+9,877
| +6% | +$51.8K |
|
3170
Costamare
CMRE
$1.77B
| $776K | ﹤0.01% |
176,941
+21,764
| +14% | +$115K |
|
|
CRR
3171
DELISTED
Carbo Ceramics Inc.
CRR
| $773K | ﹤0.01% |
222,243
+10,605
| +5% | +$53K |
|
|
MGI
3172
DELISTED
MoneyGram International, Inc. New
MGI
| $772K | ﹤0.01% |
386,452
-15,209
| -4% | -$48.9K |
|
|
VBIV
3173
DELISTED
VBI Vaccines, Inc. New Common Stock (Canada)
VBIV
| $771K | ﹤0.01% |
16,063
+9,477
| +144% | +$520K |
|
|
PVLA
3174
Palvella Therapeutics
PVLA
$2.27B
| $770K | ﹤0.01% |
3,622
-128
| -3% | -$39.7K |
|
|
RTW
3175
DELISTED
RTW Retailwinds, Inc.
RTW
| $770K | ﹤0.01% |
+272,219
| New | +$837K |
|
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.