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 | |
|---|---|---|---|---|---|---|
1226
New Oriental
EDU
$9.37B
| $20.8M | 0.01% |
239,615
+17,067
| +8% | +$1.59M |
|
1227
Simmons First National
SFNC
$3.41B
| $20.8M | 0.01% |
731,597
+15,727
| +2% | +$460K |
|
1228
Merit Medical Systems
MMSI
$5.08B
| $20.8M | 0.01% |
458,626
-52,833
| -10% | -$2.39M |
|
1229
Coherent
COHR
$51.4B
| $20.8M | 0.01% |
508,253
+2,953
| +0.6% | +$128K |
|
1230
Simpson Manufacturing
SSD
$7.72B
| $20.8M | 0.01% |
360,397
+7,117
| +2% | +$412K |
|
|
CSGS
1231
DELISTED
CSG Systems International
CSGS
| $20.7M | 0.01% |
456,113
-1,726
| -0.4% | -$79.1K |
|
|
MIK
1232
DELISTED
Michaels Stores, Inc
MIK
| $20.6M | 0.01% |
1,047,058
+22,151
| +2% | +$530K |
|
|
GWB
1233
DELISTED
Great Western Bancorp, Inc.
GWB
| $20.6M | 0.01% |
512,062
+25,168
| +5% | +$1.06M |
|
1234
Viavi Solutions
VIAV
$9.12B
| $20.6M | 0.01% |
2,119,464
+125,958
| +6% | +$1.2M |
|
|
WDR
1235
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $20.6M | 0.01% |
1,017,576
+27,904
| +3% | +$590K |
|
1236
Bloomin' Brands
BLMN
$741M
| $20.6M | 0.01% |
846,905
+5,409
| +0.6% | +$122K |
|
1237
Allegiant Air
ALGT
$2.64B
| $20.5M | 0.01% |
118,892
+2,292
| +2% | +$379K |
|
|
TUP
1238
DELISTED
Tupperware Brands Corporation
TUP
| $20.4M | 0.01% |
422,444
+6,092
| +1% | +$333K |
|
1239
Lithia Motors
LAD
$8.47B
| $20.4M | 0.01% |
202,836
+6,849
| +3% | +$775K |
|
1240
Acadia Pharmaceuticals
ACAD
$4.43B
| $20.3M | 0.01% |
905,549
+35,572
| +4% | +$985K |
|
|
ARI
1241
Apollo Commercial Real Estate
ARI
$867M
| $20.3M | 0.01% |
1,130,377
-27,147
| -2% | -$497K |
|
1242
Murphy USA
MUSA
$11.2B
| $20.3M | 0.01% |
279,079
+7,162
| +3% | +$559K |
|
1243
Puma Biotechnology
PBYI
$404M
| $20.3M | 0.01% |
298,357
+7,666
| +3% | +$574K |
|
|
GBT
1244
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $20.3M | 0.01% |
419,787
+78,836
| +23% | +$4.4M |
|
|
QEP
1245
DELISTED
QEP RESOURCES, INC.
QEP
| $20.2M | 0.01% |
2,065,909
-584
| -0% | -$5.52K |
|
1246
Copa Holdings
CPA
$5.76B
| $20.2M | 0.01% |
157,140
+16,757
| +12% | +$2.25M |
|
1247
GameStop
GME
$9.75B
| $20.2M | 0.01% |
6,403,032
+620,464
| +11% | +$2.53M |
|
1248
Spectrum Brands
SPB
$2.04B
| $20.2M | 0.01% |
194,879
-1,701
| -0.9% | -$183K |
|
1249
United Natural Foods
UNFI
$3.08B
| $20.2M | 0.01% |
470,149
-58,423
| -11% | -$2.64M |
|
|
LEXEA
1250
DELISTED
Liberty Expedia Holdings, Inc. Class A Common Stock
LEXEA
| $20.1M | 0.01% |
512,323
+11,205
| +2% | +$478K |
|
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.