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 | |
|---|---|---|---|---|---|---|
|
BT
3226
DELISTED
BT Group plc (ADR)
BT
| $720K | ﹤0.01% |
44,602
+31,195
| +233% | +$536K |
|
|
TCS
3227
DELISTED
THE CONTAINER STORE GROUP, INC.
TCS
| $719K | ﹤0.01% |
8,816
+96
| +1% | +$7.22K |
|
|
VEACW
3228
DELISTED
Vantage Energy Acquisition Corp.
VEACW
| $715K | ﹤0.01% |
550,000
+150,000
| +38% | +$191K |
|
3229
AllianceBernstein
AB
$3.43B
| $714K | ﹤0.01% |
26,600
-7,880
| -23% | -$210K |
|
3230
Silvercrest Asset Management
SAMG
$79M
| $714K | ﹤0.01% |
47,002
+1,141
| +2% | +$17.4K |
|
3231
RBB Bancorp
RBB
$448M
| $713K | ﹤0.01% |
27,058
+10,860
| +67% | +$288K |
|
3232
Viridian Therapeutics
VRDN
$2.09B
| $712K | ﹤0.01% |
6,775
+610
| +10% | +$66.3K |
|
|
NVTR
3233
DELISTED
Nuvectra Corporation Common Stock
NVTR
| $708K | ﹤0.01% |
54,447
| – | – |
|
|
BAND
3234
Bandwidth Inc
BAND
$1.26B
| $701K | ﹤0.01% |
+21,474
| New | +$548K |
|
3235
Global Partners
GLP
$1.68B
| $700K | ﹤0.01% |
45,631
-12,662
| -22% | -$217K |
|
|
CGNT
3236
DELISTED
Cogentix Medical, Inc.
CGNT
| $700K | ﹤0.01% |
181,971
| – | – |
|
|
GOGL
3237
DELISTED
Golden Ocean Group
GOGL
| $698K | ﹤0.01% |
87,809
+1,855
| +2% | +$16.3K |
|
3238
Sabesp
SBS
$19.1B
| $697K | ﹤0.01% |
340,037
-88,346
| -21% | -$190K |
|
3239
Curis
CRIS
$9.78M
| $690K | ﹤0.01% |
528
+4
| +0.8% | +$5.24K |
|
|
AMRN
3240
Amarin Corp
AMRN
$299M
| $687K | ﹤0.01% |
11,423
-656
| -5% | -$48.7K |
|
|
ISRL
3241
DELISTED
Isramco Inc
ISRL
| $687K | ﹤0.01% |
6,623
+87
| +1% | +$9.15K |
|
|
BKCC
3242
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $685K | ﹤0.01% |
113,610
-218,824
| -66% | -$1.29M |
|
|
INFI
3243
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $683K | ﹤0.01% |
325,567
| – | – |
|
|
MCF
3244
DELISTED
Contango Oil & Gas Co.
MCF
| $682K | ﹤0.01% |
192,166
+1,885
| +1% | +$7.63K |
|
|
CCEC
3245
Capital Clean Energy Carriers
CCEC
$1.34B
| $681K | ﹤0.01% |
31,203
+3,055
| +11% | +$70.4K |
|
|
TRVN
3246
DELISTED
Trevena, Inc.
TRVN
| $677K | ﹤0.01% |
661
+17
| +3% | +$18.7K |
|
|
HWCC
3247
DELISTED
Houston Wire & Cable Company
HWCC
| $672K | ﹤0.01% |
91,860
| – | – |
|
3248
ORIX
IX
$44B
| $668K | ﹤0.01% |
37,180
-1,070
| -3% | -$19.4K |
|
3249
Sony
SONY
$137B
| $666K | ﹤0.01% |
68,960
+3,230
| +5% | +$31.8K |
|
3250
Cardlytics
CDLX
$21.7M
| $665K | ﹤0.01% |
+4,551
| New | +$770K |
|
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.