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 | |
|---|---|---|---|---|---|---|
1076
New York Times
NYT
$12.1B
| $26M | 0.01% |
1,077,766
+61,646
| +6% | +$1.42M |
|
1077
Skywest
SKYW
$4.24B
| $26M | 0.01% |
477,415
+8,848
| +2% | +$489K |
|
1078
Columbia Sportswear
COLM
$3.04B
| $25.9M | 0.01% |
339,133
+37,235
| +12% | +$2.8M |
|
1079
HEICO Corp
HEI
$49.8B
| $25.9M | 0.01% |
372,948
-69,935
| -16% | -$4.57M |
|
1080
Melco Resorts & Entertainment
MLCO
$2.22B
| $25.9M | 0.01% |
904,347
-58,981
| -6% | -$1.65M |
|
1081
Marriott Vacations Worldwide
VAC
$3.35B
| $25.8M | 0.01% |
194,067
+3,453
| +2% | +$488K |
|
1082
TC Energy
TRP
$70.2B
| $25.8M | 0.01% |
630,639
+63,255
| +11% | +$2.84M |
|
|
HI
1083
DELISTED
Hillenbrand
HI
| $25.8M | 0.01% |
561,815
+25,817
| +5% | +$1.16M |
|
1084
John Wiley & Sons Class A
WLY
$2.65B
| $25.7M | 0.01% |
403,750
+19,119
| +5% | +$1.24M |
|
|
CHK
1085
DELISTED
Chesapeake Energy Corporation
CHK
| $25.7M | 0.01% |
42,487
-10,635
| -20% | -$7.13M |
|
|
CXP
1086
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $25.7M | 0.01% |
1,254,202
+39,721
| +3% | +$846K |
|
|
EDR
1087
DELISTED
Education Realty Trust Inc
EDR
| $25.6M | 0.01% |
780,511
+25,781
| +3% | +$834K |
|
1088
Manhattan Associates
MANH
$11.2B
| $25.5M | 0.01% |
609,730
+9,491
| +2% | +$443K |
|
|
B
1089
DELISTED
Barnes Group Inc.
B
| $25.3M | 0.01% |
423,165
+9,053
| +2% | +$571K |
|
1090
Green Dot
GDOT
$743M
| $25.3M | 0.01% |
394,964
+14,097
| +4% | +$889K |
|
|
UNIT
1091
Uniti Group
UNIT
$2.36B
| $25.3M | 0.01% |
1,558,651
+52,508
| +3% | +$844K |
|
1092
Advanced Energy
AEIS
$11.6B
| $25.3M | 0.01% |
395,361
+17,665
| +5% | +$1.22M |
|
1093
ACI Worldwide
ACIW
$5.83B
| $25.2M | 0.01% |
1,063,777
+20,490
| +2% | +$484K |
|
1094
Tetra Tech
TTEK
$8.49B
| $25M | 0.01% |
2,557,975
+47,550
| +2% | +$470K |
|
1095
Box
BOX
$4.37B
| $25M | 0.01% |
1,217,917
+64,066
| +6% | +$1.38M |
|
1096
ATI
ATI
$25.6B
| $25M | 0.01% |
1,056,375
+12,575
| +1% | +$337K |
|
1097
Halozyme
HALO
$9.79B
| $25M | 0.01% |
1,274,018
+22,857
| +2% | +$443K |
|
1098
Morningstar
MORN
$7.22B
| $25M | 0.01% |
261,290
+5,481
| +2% | +$527K |
|
|
P
1099
Everpure Inc
P
$25.7B
| $25M | 0.01% |
1,251,073
+133,323
| +12% | +$2.62M |
|
1100
International Bancshares
IBOC
$4.76B
| $25M | 0.01% |
641,481
-30,778
| -5% | -$1.25M |
|
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.