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 | |
|---|---|---|---|---|---|---|
1301
Granite Construction
GVA
$5.29B
| $18.7M | 0.01% |
335,070
+7,032
| +2% | +$433K |
|
|
PDCO
1302
DELISTED
Patterson Companies, Inc.
PDCO
| $18.7M | 0.01% |
841,767
-194,672
| -19% | -$6.06M |
|
|
DCH
1303
Dauch Corp
DCH
$1.34B
| $18.7M | 0.01% |
1,227,332
+27,264
| +2% | +$448K |
|
1304
Canadian Pacific Kansas City
CP
$78.1B
| $18.7M | 0.01% |
534,550
+522,000
| +4,159% | +$18.8M |
|
|
VGR
1305
DELISTED
Vector Group Ltd.
VGR
| $18.6M | 0.01% |
1,419,435
+31,591
| +2% | +$423K |
|
|
AVNS
1306
DELISTED
Avanos Medical
AVNS
| $18.6M | 0.01% |
403,936
-99,638
| -20% | -$4.73M |
|
1307
OneMain Financial
OMF
$7.2B
| $18.6M | 0.01% |
621,400
+34,706
| +6% | +$1.1M |
|
|
SLCA
1308
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $18.6M | 0.01% |
728,647
+54,797
| +8% | +$1.68M |
|
1309
STAG Industrial
STAG
$7.38B
| $18.6M | 0.01% |
776,825
+27,949
| +4% | +$681K |
|
1310
Ameris Bancorp
ABCB
$5.85B
| $18.6M | 0.01% |
351,003
+7,298
| +2% | +$392K |
|
1311
Watts Water Technologies
WTS
$11.5B
| $18.6M | 0.01% |
238,875
+109
| +0% | +$8.48K |
|
|
ALOG
1312
DELISTED
Analogic Corp
ALOG
| $18.5M | 0.01% |
193,231
+41,195
| +27% | +$3.57M |
|
1313
Power Integrations
POWI
$3.38B
| $18.5M | 0.01% |
541,790
+13,406
| +3% | +$478K |
|
1314
La-Z-Boy
LZB
$1.58B
| $18.5M | 0.01% |
618,195
+9,886
| +2% | +$303K |
|
1315
MGE Energy Inc
MGEE
$3B
| $18.5M | 0.01% |
329,824
+12,707
| +4% | +$723K |
|
1316
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$148M
| – | – |
0
| – | – |
|
1317
JELD-WEN Holding
JELD
$122M
| $18.4M | 0.01% |
600,634
-3,257
| -0.5% | -$118K |
|
|
AERI
1318
DELISTED
Aerie Pharmaceuticals
AERI
| $18.4M | 0.01% |
338,677
+16,587
| +5% | +$928K |
|
1319
TTM Technologies
TTMI
$12B
| $18.4M | 0.01% |
1,200,451
-13,207
| -1% | -$215K |
|
1320
Chord Energy
CHRD
$7.9B
| $18.3M | 0.01% |
2,257,891
+154,897
| +7% | +$1.31M |
|
1321
Independent Bank
INDB
$3.99B
| $18.3M | 0.01% |
255,501
+5,046
| +2% | +$363K |
|
|
FCB
1322
DELISTED
FCB Financial Holdings, Inc.
FCB
| $18.3M | 0.01% |
357,147
+12,289
| +4% | +$672K |
|
1323
Rogers Corp
ROG
$2.21B
| $18.2M | 0.01% |
152,469
+3,331
| +2% | +$507K |
|
1324
Dorman Products
DORM
$3.98B
| $18.1M | 0.01% |
273,842
-466
| -0.2% | -$33.2K |
|
|
EE
1325
DELISTED
El Paso Electric Company
EE
| $18.1M | 0.01% |
355,185
+6,951
| +2% | +$352K |
|
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.