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 |
Apple
AAPL
|
+$227M |
| 2 |
Microsoft
MSFT
|
+$183M |
| 3 |
Meta Platforms (Facebook)
META
|
+$179M |
| 4 |
PepsiCo
PEP
|
+$149M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$138M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BCR
CR Bard Inc.
BCR
|
+$243M |
| 2 |
LVLT
Level 3 Communications Inc
LVLT
|
+$163M |
| 3 |
KITE
Kite Pharma, Inc.
KITE
|
+$85.5M |
| 4 |
SFR
Starwood Waypoint Homes
SFR
|
+$45.3M |
| 5 |
BRCD
Brocade Communications Systems, Inc. NEW
BRCD
|
+$42.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.85% |
| 2 | Financials | 16.38% |
| 3 | Healthcare | 13.22% |
| 4 | Industrials | 10.47% |
| 5 | Consumer Discretionary | 9.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Raymond James Financial
RJF
$33.5B
| $125M | 0.04% |
2,105,019
+122,368
| +6% | +$7.05M |
|
427
Arthur J. Gallagher & Co
AJG
$69.1B
| $125M | 0.04% |
1,976,703
+71,887
| +4% | +$4.59M |
|
|
VIAB
428
DELISTED
Viacom Inc. Class B
VIAB
| $124M | 0.04% |
4,040,229
+120,194
| +3% | +$3.26M |
|
429
SL Green Realty
SLG
$3.83B
| $124M | 0.04% |
1,271,349
+47,226
| +4% | +$4.6M |
|
430
Jefferies Financial Group
JEF
$12.7B
| $124M | 0.04% |
5,230,193
+142,675
| +3% | +$3.29M |
|
431
Pentair
PNR
$10.8B
| $124M | 0.04% |
2,615,665
+71,823
| +3% | +$3.36M |
|
432
BorgWarner
BWA
$12.8B
| $123M | 0.04% |
2,743,379
+178,536
| +7% | +$8.25M |
|
433
Travel + Leisure Co
TNL
$4.76B
| $122M | 0.04% |
2,345,550
+60,142
| +3% | +$2.98M |
|
434
Akamai
AKAM
$15.6B
| $122M | 0.04% |
1,885,681
+24,367
| +1% | +$1.35M |
|
435
Howmet Aerospace
HWM
$109B
| $122M | 0.04% |
5,865,539
+537,542
| +10% | +$10.5M |
|
436
Perrigo
PRGO
$1.44B
| $122M | 0.04% |
1,404,828
+24,521
| +2% | +$2.11M |
|
437
Campbell Soup
CPB
$6.85B
| $121M | 0.04% |
2,520,032
+67,987
| +3% | +$3.23M |
|
438
Affiliated Managers Group
AMG
$9.51B
| $121M | 0.04% |
590,625
+15,383
| +3% | +$2.98M |
|
|
SPR
439
DELISTED
Spirit AeroSystems
SPR
| $120M | 0.04% |
1,379,088
-24,262
| -2% | -$1.99M |
|
440
Federal Realty Investment Trust
FRT
$10.9B
| $120M | 0.04% |
907,209
+38,015
| +4% | +$4.91M |
|
441
Zions Bancorporation
ZION
$10.1B
| $120M | 0.04% |
2,363,675
+46,142
| +2% | +$2.21M |
|
442
JB Hunt Transport Services
JBHT
$25.9B
| $120M | 0.04% |
1,043,510
+30,100
| +3% | +$3.24M |
|
|
TWTR
443
DELISTED
Twitter, Inc.
TWTR
| $120M | 0.04% |
4,984,462
+121,702
| +3% | +$2.5M |
|
444
Fidelity National Financial
FNF
$14.4B
| $119M | 0.04% |
3,150,601
-188,734
| -6% | -$6.88M |
|
|
KSU
445
DELISTED
Kansas City Southern
KSU
| $119M | 0.04% |
1,130,924
+43,161
| +4% | +$4.6M |
|
446
CarMax
KMX
$8.39B
| $119M | 0.04% |
1,853,499
+53,620
| +3% | +$3.83M |
|
447
Fortune Brands Innovations
FBIN
$5.86B
| $119M | 0.04% |
2,031,487
+156,260
| +8% | +$8.87M |
|
|
XEC
448
DELISTED
CIMAREX ENERGY CO
XEC
| $118M | 0.04% |
969,389
+21,960
| +2% | +$2.56M |
|
449
Hormel Foods
HRL
$14.2B
| $117M | 0.04% |
3,229,951
+83,024
| +3% | +$2.79M |
|
450
F5
FFIV
$22B
| $116M | 0.04% |
887,605
+18,390
| +2% | +$2.28M |
|
Similar funds
Geode Capital Management's Q4 2017 Portfolio in Review
As of Q4 2017, Geode Capital Management held 4,142 positions worth $294B, up 8.7% from $271B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Geode Capital Management's Q4 2017 filing shows 98 new, 2,556 increased, 827 reduced and 120 closed positions. Its largest new stake was Delphi Technologies PLC Ordinary Shares: 742,921 shares worth $39M. The largest sale was CR Bard Inc., an estimated $243M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Financials and Healthcare.
- Geode Capital Management's largest Q4 2017 buy was Delphi Technologies PLC Ordinary Shares: 742,921 shares worth $39M.
- Geode Capital Management added most to Apple in Q4 2017, an estimated $227M increase.
- Geode Capital Management's biggest Q4 2017 reduction was Goldman Sachs, cutting an estimated $23.7M.
- Geode Capital Management fully exited CR Bard Inc. in Q4 2017, selling an estimated $243M.
- Geode Capital Management's ten largest holdings make up 17% of its $294B portfolio in Q4 2017.
- Geode Capital Management opened 98 new positions and closed 120 in Q4 2017.
- Geode Capital Management's portfolio value rose 8.7% quarter-over-quarter to $294B.
Based on Geode Capital Management's 13F filing for Q4 2017, filed 13 Feb 2018.