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 | |
|---|---|---|---|---|---|---|
|
AL
901
DELISTED
Air Lease Corp
AL
| $35.6M | 0.01% |
834,626
+36,883
| +5% | +$1.69M |
|
|
ISBC
902
DELISTED
Investors Bancorp, Inc.
ISBC
| $35.5M | 0.01% |
2,600,312
+76,060
| +3% | +$1.05M |
|
|
PCH
903
DELISTED
PotlatchDeltic
PCH
| $35.4M | 0.01% |
680,607
+170,201
| +33% | +$8.85M |
|
|
TCF
904
DELISTED
TCF Financial Corporation Common Stock
TCF
| $35.4M | 0.01% |
647,492
+11,761
| +2% | +$662K |
|
905
Kirby Corp
KEX
$7.01B
| $35.4M | 0.01% |
459,399
+9,516
| +2% | +$712K |
|
906
Suncor Energy
SU
$79.4B
| $35.3M | 0.01% |
1,034,646
+1,020,042
| +6,985% | +$35.5M |
|
907
Ryder
R
$9.83B
| $35.3M | 0.01% |
484,633
+47,752
| +11% | +$3.85M |
|
|
BUFF
908
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $35.1M | 0.01% |
880,481
+17,092
| +2% | +$616K |
|
909
Peabody Energy
BTU
$2.6B
| $35M | 0.01% |
957,980
+153,176
| +19% | +$6.09M |
|
|
BMS
910
DELISTED
Bemis
BMS
| $34.9M | 0.01% |
801,176
+45,025
| +6% | +$2.05M |
|
911
Fulton Financial
FULT
$4.66B
| $34.8M | 0.01% |
1,959,769
+21,127
| +1% | +$390K |
|
|
CMD
912
DELISTED
Cantel Medical Corporation
CMD
| $34.8M | 0.01% |
312,012
+11,694
| +4% | +$1.31M |
|
913
Silicon Laboratories
SLAB
$7.17B
| $34.8M | 0.01% |
386,620
+12,026
| +3% | +$1.13M |
|
914
Dolby
DLB
$5.51B
| $34.7M | 0.01% |
546,010
+27,475
| +5% | +$1.77M |
|
915
Texas Roadhouse
TXRH
$13.5B
| $34.7M | 0.01% |
600,076
+9,614
| +2% | +$553K |
|
916
Agios Pharmaceuticals
AGIO
$1.79B
| $34.6M | 0.01% |
423,601
+54,089
| +15% | +$4.18M |
|
|
BPMC
917
DELISTED
Blueprint Medicines
BPMC
| $34.5M | 0.01% |
376,396
+7,005
| +2% | +$604K |
|
918
Regal Rexnord
RRX
$13.7B
| $34.4M | 0.01% |
469,535
+42,526
| +10% | +$3.2M |
|
919
CACI
CACI
$11B
| $34.4M | 0.01% |
227,289
+25,086
| +12% | +$3.67M |
|
920
Home BancShares
HOMB
$6.23B
| $34.4M | 0.01% |
1,507,159
+110,663
| +8% | +$2.65M |
|
|
EFOR
921
Everforth Inc
EFOR
$1.17B
| $34.3M | 0.01% |
419,171
+6,532
| +2% | +$489K |
|
|
TSE
922
DELISTED
Trinseo
TSE
| $34.3M | 0.01% |
463,405
-12,608
| -3% | -$994K |
|
923
Hilton Grand Vacations
HGV
$3.59B
| $34.3M | 0.01% |
796,643
+261,179
| +49% | +$11.4M |
|
924
Valley National Bancorp
VLY
$7.9B
| $34.3M | 0.01% |
2,750,275
+78,804
| +3% | +$983K |
|
925
Ziff Davis
ZD
$1.96B
| $34.2M | 0.01% |
498,885
+10,932
| +2% | +$740K |
|
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.