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 | |
|---|---|---|---|---|---|---|
776
Howard Hughes
HHH
$3.81B
| $45.7M | 0.01% |
344,325
+18,047
| +6% | +$2.21M |
|
777
Trip.com Group
TCOM
$29.6B
| $45.6M | 0.01% |
983,539
+70,973
| +8% | +$3.33M |
|
|
EXAS
778
DELISTED
Exact Sciences
EXAS
| $45.4M | 0.01% |
1,126,016
+27,376
| +2% | +$1.34M |
|
779
SLM Corp
SLM
$4.89B
| $45.4M | 0.01% |
4,049,576
+152,394
| +4% | +$1.71M |
|
780
Bank of Montreal
BMO
$126B
| $45.4M | 0.01% |
605,702
+42,541
| +8% | +$3.35M |
|
781
AXIS Capital
AXS
$7.68B
| $45.4M | 0.01% |
788,501
+52,726
| +7% | +$2.72M |
|
|
HOUS
782
DELISTED
Anywhere Real Estate
HOUS
| $45.3M | 0.01% |
1,661,450
+139,642
| +9% | +$3.66M |
|
783
Federated Hermes
FHI
$4.55B
| $45M | 0.01% |
1,347,029
+183,684
| +16% | +$6.24M |
|
|
MPT
784
Medical Properties Trust
MPT
$2.77B
| $44.8M | 0.01% |
3,448,292
+415,699
| +14% | +$5.32M |
|
785
Evercore
EVR
$12.4B
| $44.8M | 0.01% |
513,693
+42,747
| +9% | +$4.03M |
|
786
Murphy Oil
MUR
$5.7B
| $44.7M | 0.01% |
1,728,843
+253,485
| +17% | +$7.33M |
|
787
Chemed
CHE
$7.07B
| $44.7M | 0.01% |
163,703
-2,562
| -2% | -$679K |
|
|
SKX
788
DELISTED
Skechers
SKX
| $44.7M | 0.01% |
1,148,374
+57,470
| +5% | +$2.29M |
|
789
Bright Horizons
BFAM
$3.92B
| $44.7M | 0.01% |
447,806
+21,459
| +5% | +$2.08M |
|
790
Post Holdings
POST
$4.14B
| $44.6M | 0.01% |
898,803
+59,246
| +7% | +$3M |
|
791
Blackbaud
BLKB
$1.94B
| $44.6M | 0.01% |
437,651
+15,074
| +4% | +$1.5M |
|
|
DATA
792
DELISTED
Tableau Software, Inc.
DATA
| $44.3M | 0.01% |
548,536
+49,572
| +10% | +$3.93M |
|
793
Hanover Insurance
THG
$8.1B
| $44.3M | 0.01% |
376,023
+15,582
| +4% | +$1.75M |
|
794
Bio-Rad Laboratories Class A
BIO
$8.71B
| $44.2M | 0.01% |
176,701
-3,400
| -2% | -$866K |
|
795
Sunstone Hotel Investors
SHO
$2.19B
| $44M | 0.01% |
2,893,107
+8,802
| +0.3% | +$138K |
|
796
Olin
OLN
$2.11B
| $44M | 0.01% |
1,447,307
+47,964
| +3% | +$1.63M |
|
797
Webster Financial
WBS
$12.5B
| $43.9M | 0.01% |
791,969
+16,393
| +2% | +$927K |
|
798
Prosperity Bancshares
PB
$8.97B
| $43.9M | 0.01% |
603,825
+18,945
| +3% | +$1.42M |
|
799
Sabre
SABR
$731M
| $43.8M | 0.01% |
2,041,374
+188,585
| +10% | +$4.04M |
|
|
MASI
800
DELISTED
Masimo
MASI
| $43.6M | 0.01% |
495,586
-122,533
| -20% | -$10.7M |
|
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.